More Industry News articles

Pan-European free-to-air broadcaster, RTL, has this morning released interim financial results in line with expectations, saying that core businesses are ‘performing strongly in difficult advertising market conditions’. Nevertheless, analysts at ABN Amro are expecting to downgraded their full-year 2001 forecasts for the group, given the poor advertising visibility in the European broadcasting sub-sector. Pre-tax loss… Continue reading RTL Postpones Float As Results Are Hit By Ad Slowdown

Havas Advertising has once again extended the deadline on its offer to buying agency Tempus. The original 541p-per-share offer made by Havas (see Tempus Shares Soar On Havas Takeover Reports) expired at the beginning of the month (see Havas Moves In On Tempus)and was extended until 17th September. Havas has now extended this deadline to… Continue reading Havas Extends Deadline On Tempus Offer Once Again

The UK stock market showed signs of recovery yesterday as Wall Street reopened for the first time since Tuesday’s attacks on the US. The FTSE 100 index showed sharp gains, in contrast to US markets which suffered a steep decline, and UK media companies appeared to be recovering from the tragic events of last week.ITV… Continue reading Sharewatch

Scottish Radio Holdings’ (SRH) Score Press has sold the Title Media division and its subsidiary Ireland on Sunday Ltd, which publishes the Ireland on Sunday newspaper, to Associated Newspapers for £7.4m cash, the company announced this morning.SRH, which has built up a portfolio of 41 local weekly titles over the last six years, acquired the… Continue reading Scottish Radio Sells Ireland On Sunday To Associated

Chris Smith MP has signalled his intention to stay connected to the media world following his departure from the position of Secretary of State for Culture, Media and Sport earlier this year in favour of Tessa Jowell (see Smith Replaced By Jowell Following Labour Landslide). He has accepted the role of chair of a consumers… Continue reading Chris Smith Joins Classic Panel

The latest figures from the Office of National Statistics have revealed an unexpected rise in inflation, which exceeded the Government’s target level of 2.5% for the first time in over two years. The underlying rate of inflation was 2.6% during August, up 4% points on the previous month. Falling car and petrol prices are thought… Continue reading Inflation Rate Reaches Unexpected High

Blow Up Media, the giant poster contractor, is increasing the scope of its national network with the launch of a new office in Birmingham.The office, which will be run by Harvey Andrew Glen, formerly of More O’Ferrall, will manage sites in Scotland, Wales, the Midlands and the North of England and has already secured “high… Continue reading Blow Up Opens In The North

Scottish Radio Holdings’ (SRH) Score Press has sold the Title Media division and its subsidiary Ireland on Sunday Ltd, which publishes the Ireland on Sunday newspaper, to Associated Newspapers for £7.4 million cash, the company announced this morning. SRH, which has built up a portfolio of 41 local weekly titles over the last six years,… Continue reading Scottish Radio Sells Ireland On Sunday To Associated

Last night’s MRG evening meeting discussed how the industry is moving beyond display advertising and is increasingly using sponsorship, promotion and direct marketing to reach consumers in “more subtle and creative ways.”Nicky Williams of ACNielsen MMS started the discussion by outlining the changing media environment. She explained that traditional media adspend is evolving as advertisers… Continue reading MRG Evening Meeting: Beyond Display Advertising