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
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US journalist Michael Woolff said at this year’s Guardian Edinburgh International Television Festival that, thanks to the internet “No one can ever make a living selling headlines again”. Bad news for newspapers, which sell headlines sometimes hours after the event went live online or on screen.What is true (and bad news for advertisers) is that… Continue reading Feature: Read All About It
Over 3.5 million homes across the UK now subscribe to cable TV, an increase of 8.8% on the same period last year, according to the Independent Television Commission’s (ITC) cable statistics report for the second quarter of 2001.According to the figures 15% of UK TV households now have cable TV, which has increased its penetration… Continue reading Over 3.5 Million UK Homes Now Have Cable
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The ASA allowed Emap’s Q music magazine to get away with the use of “outdated cliches” in an ad campaign, despite the fact that one complainant failed to appreciate the irony.The posters in the campaign, devised by Mother, were in the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
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
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
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
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
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
