Bruce Haines, chairman of agency Leagas Delaney, has announced that he is to leave the company with immediate effect. It is thought that his decision maybe as a result of clashing with chief executive Tim Delaney over his commitments to the IPA.IPA director general Hamish Pringle said today: “While the reason that Bruce is leaving… Continue reading Haines Quits Leagas Delaney
Fiona McAnena is to be CEO of the newly merged Mediaedge:CIA, while James Whitmore will be managing director. However, the management restructure taking place will see the departure of the heads of broadcast for both companies, Tim Neligan and Edward Lloyd-Barnes.The merger of the media communications companies was announced earlier this week (see McAnenena and… Continue reading McAnena Named as Mediaedge:CIA CEO
Jupiter Media Metrix today released the third instalment of its Online Shopping Index, which revealed that visitors to a sample of around 500 shopping sited increased 50% compared with the same week last year, rising from 34.9 million to 52.4 million unique visitors. The index was up 1% against the previous week, when 51.7 million… Continue reading Jupiter Reports Record High In US Online Shopping
The Digital Radio Development Bureau (DRDB) has declared a £99 digital radio promotion a success, after 5,000 people went after 300 of the cut-price sets. Terry Scicluna, chief executive of the DRDB described the response as “a wake-up call for the big brands to get mass market DAB digital radios on sale quickly.”The promotion was… Continue reading Cut Price Digital Radio Promotion Is Success
According to the Publishers Information Bureau, total US magazine revenue fell again in November to $1,582,558,240 – an 11.2% decrease on last year. Advertising pages were down 17.3% on last year to 23,053. Advertising revenue for the year to date decreased 4.3% on the same period 2000 at $14,907,644,194 and ad pages were 219,554, down… Continue reading US Magazine Revenues Tumble Further In November
Year end results for Daily Mail & General Trust plc, released today, revealed a 7% drop in profits despite an overall rise in advertising revenues. Adjusted profit before tax was £178 million compared to £192 million for 2000, turnover was up 6% to £1.96 billion. The last two months have seen a sharp decline in… Continue reading DMGT Results Bring No Respite From Ad Gloom
The Radio Authority has advertised the local digital multiplex licence for Norwich and the surrounding area. The potential audience of over 15 year olds for the area covered is 550,000.The current commercial licences held for the Norwich area are all for stations either owned or part-owned by GWR: Broadland 102, Classic Gold Digital Amber and… Continue reading Radio Authority Advertises Norwich Multiplex
The FT reports this morning that troubled German media company Kirch have held talks with Liberty Media regarding the group’s debts (see Kirch Group Faces Financial Crisis, Say Reports) and possible ways of raising funds in order to meet loan repayments and satisfy demands from shareholders. In November Liberty boss John Malone met Leo Kirch… Continue reading Kirch In Talks With Liberty Media
During the course of a fairly bad day for media, Carlton Communications was among the worst performers, falling 6.3% or 15½p to £2.30. Telewest, which this week was reprimanded by the ASA for the advertising of its broadband services (see ASA Rules Against ISP Advertisers) also fell heavily, by 5½p to 64¼p.The closing prices of… Continue reading Sharewatch
Last week it was BT getting into trouble over its internet services (see ASA Questions BT’s “Anytime” Claims). This week more complaints were upheld by the ASA against ISPs for failing to make the small print big enough.Freeserve put up the objection to AOL’s poster campaign which was headlined “100 Hour Free Internet Trial”. Small… Continue reading ASA Rules Against ISP Advertisers
