Acquisitions play a large part in the fortunes – or otherwise – of WPP this year. First half revenues were up over 56%, largely due to the contribution made by last year’s big name acquisition Young & Rubicam (see Shareholders Approve WPP/Y&R Deal), along with several other smaller companies acquired along the way (see WPP… Continue reading WPP Warns Results May Suffer In ‘Very Difficult’ Year
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The Takeover Panel has this morning ruled against WPP’s attempt to free itself from its 555p-a-share offer for Tempus Group (see Tempus Confirms WPP Offer). WPP had made a submission to the Takeover Panel in an attempt to invoke the Material Adverse Change clause in its initial offer citing the further deterioration of the ad… Continue reading Takeover Panel Rules Against WPP
colspan=”7″>UK E-Commerce Revenue Forecasts 2000-2005
colspan=”7″>US E-Commerce Revenue Forecasts 2000-2005
colspan=”7″>Western Europe E-Commerce Overview, 2002
Digital subscriber line (DSL) penetration in Europe will overtake the US within five years, according to DSL Future Prospects in Europe, a new report from telecoms consultancy and publishing group BWCS. The provision of DSL services is at last beginning to emerge as a viable business, claims the report, released this month. “If the European… Continue reading European DSL Market To Overtake US By 2006
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The ASA has upheld a complaint against NTL after rival telecommunications company, BT, objected to a magazine advert that stated: “Smile. Talk is cheaper with NTL.”BT claimed that the ad was “misleading” as it implied that all of NTL’s customers would save money on all of their calls, which it “argued” was not the case.NTL… Continue reading ASA Says Talk Is Cheap But Not With NTL
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Radio has had an important role in youth culture since the days of Radio Caroline, and according to the Radio Advertising Bureau, this has yet to change. Encouragingly for advertisers, 72% of listening by 4-14 year olds and 64% of listening by 15-24 year olds was commercial, according to September’s RAJAR figures, and while an… Continue reading Feature: London’s Youth Radio
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Telewest was the best performer in what was an encouraging day for the media market, with only five companies seeing shares fall. Telewest saw stock rise 12.24% to finish at 55p, an increase of 6p on the day before.Carlton and Granada saw shares climb yesterday, despite Merrill Lynch cutting its forecasts, citing lower advertising revenue… Continue reading Sharewatch