More Industry News articles

Cable company, Telewest Communications, is to receive £125 million of additional funding from GE Capital as part of the company’s £2.25 billion bank facility. The capital represents half of a £250 million commitment from institutional investors, as announced in March (see Telewest Signs £2.25bn Refinancing Deal) Charles Burdick, group finance director of Telewest, said: “This… Continue reading Telewest Receives

Tempus Group have, this morning, issued a response to WPP’s attempts to withdraw from their proposed offer for the group last week (see WPP Seeks Escape From Tempus Deal). Tempus said: “On the basis of the submission made by WPP, which Tempus has been permitted to see, the Board of Tempus is firmly of the… Continue reading Tempus Says ‘No Grounds’ For WPP Withdrawal

Channel 5 has escaped censure from the ASA after the authority refused to uphold complaints against a cartoon-style ad for the channel’s UEFA Intertoto Cup coverage, which featured Neil and Christine Hamilton.The advert, which appeared in the Daily Express and the Daily Mail at the same time as the allegations surrounding the Hamiltons, pictured Neil… Continue reading Channel 5 Escapes Hamilton Ad Censure

As Nigella and Jamie have elbowed Delia out of the TV kitchen, it seems that we’ve become a nation of foodies. Or at any rate, a nation who like to read about and look at pictures of lemongrass and polenta, even if we’re still eating Pot Noodles. The supermarkets, where those of us unable to… Continue reading Feature: Feeding The Foodie Habit

Reuters, which announced a further 500 job cuts form its global workforce yesterday saw shares fall 7.08% to finish at £6.04, a loss of 46p on the previous day.Pearson, which is today expected to release a downbeat trading statment highlighting a deterioration in ad revenue acosss its newspaper and TV interests, saw stock drop 2.21%… Continue reading Sharewatch

Pearson has warned investors that profits at FT group could fall by as much as 40% for the full year as ad revenues are hit across the group. In a statement this morning the group said that advertising cancellations coupled with a decline in new business generated meant that profits across the group would suffer.Advertising… Continue reading Pearson Warns That FT Profits May Fall

Carlton Screen Advertising (CSA) is restructuring its sales team to cope with the continuing demand for cinema advertising.Following the departure of Sally Barker, Gemma Atkinson has been promoted to sales controller overseeing all agency and client sales as well as the cinema poster team, which was set up last year in response to growing calls… Continue reading CSA Boosts Sales Team

ITN has reportedly called on the Government to preasurise the BBC into bringing back the Nine O’Clock News.According to press reports ITN sent a briefing note to Downing Street arguing that the BBC’s News At Ten was failing to attract viewers and should be restored to its original 9pm slot.The BBC moved its flagship 9pm… Continue reading ITN Attack BBC News At Ten

Tempus Group have, this morning, issued a response to WPP’s attempts to withdraw from their proposed offer for the group last week. Tempus said: “On the basis of the submission made by WPP, which Tempus has been permitted to see, the Board of Tempus is firmly of the view that there are no grounds for… Continue reading Tempus Says ‘No Grounds’ For WPP Withdrawal

ITV’s efforts to attain carriage for its flagship channel, ITV1, on digital satellite, were boosted today by the tabling of an Early Day Motion (EDM) by MP Chris Bryant, the Labour member for the Rhondda, which formed part of his campaign to get ITV1 carried on Sky Digital by Christmas.Bryant points out that in some… Continue reading MP Calls For End To Digital Deadlock