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Jack Myers, chief economist at Myers Reports, says that last week’s devastating attack on the US could have serious negative short-term affects on the media there, but will most likely have positive long-term implications for several media companies. A few weeks ago Myers published a worse case scenario set of advertising forecasts for 2001, predicting… Continue reading Worse Case Scenario Gets Worse, Says Myers Reports

The ASA allowed Emap’s Q music magazine to get away with the use of “outdated cliches” in an ad campaign, despite the fact that one complainant failed to appreciate the irony.The posters in the campaign, devised by Mother, were in the style of car maintenance manuals, showing labelled drawings of a limosuine and a van.… Continue reading ASA Lets Off Q

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

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

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

Shares in Carlton Communications were down by 29p (13.5%) by midday today, whilst Granada stock was off 9Âźp (9.1%), following downgrades to ITV recovery forecasts by both HSBC and ABN Amro. “The summer has passed and the slowdown in ITV advertising continues unabated,” says ABN. The broker is now forecasting a 15% decline in ITV’s… Continue reading ITV Downgraded Again, Carlton And Granada Stock Falls

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