More Industry News articles

Media giants WPP and Gannett have both been making reassuring noises this week designed, no doubt, to allay investors’ fears in these difficult economic times. According to the Guardian, WPP chief executive Martin Sorrell met with analysts last week following the news that profit warnings from other US ad companies had started a run on… Continue reading WPP And Gannett Speak Out To Reassure Investors

Cable and Wireless was the worst media performer of the day again yesterday, with shares falling 3.58% to close at £4.04, a loss of 15p on the previous day.Maiden’s poor run also continued with stock sliding 2.17%, to finish at £4.50, shedding 10p on the previous day.Taylor Nelson Sofres saw the highest rise among media… Continue reading Sharewatch

The Advertising Standards Authority (ASA) proved that they are not wholly against controversy, deeming the latest addition to French Connection’s infamous FCUK campaign, ‘unlikely to cause serious or widespread offence’. The ASA received complaints that a cinema commercial for the FCUK brand was offensive, despite having been approved by the Cinema Advertising Association (CIA) to… Continue reading FCUK OK According To ASA

April figures from Italy confirm that the advertising recession has now reached the only remaining European market to have been showing growth. An analysis by ABN Amro shows that growth in April was just 1.7%, compared to 6.0% in the first quarter. Techonology and telecommunications adspend halved in the month, mirroring the experiences of the… Continue reading Ad Recession Hits Previously Strong Italian Market

ITV Chief executive, Stuart Prebble, has demanded that the government make a commitment to the digital switch over, while accusing the BBC of wasting license fee payers money.Speaking at the annual Goodman Derrick lecture last night, Prebble accused the the government of not doing enough to promote the digital switchover. He called on the Secretary… Continue reading Prebble Demands Government Commitment To Digital

To an assembled audience of advertising honchos in Cannes, Jupiter announced yesterday that it was cutting its global online advertising forecasts for 2001 from 47% growth to just 12% due to the extreme uncertainty of the market. Top advertising executives from around the world are in Cannes for the annual International Advertising Festival to compare… Continue reading Jupiter Slashes Online Ad Forecasts

GWR chief executive Ralph Bernard suggested today that aspects of last year’s Communications White Paper expected to be omitted from the Bill going through parliament this year- namely those relating to media ownership -could still be included if the industry reaches a conclusion in time, creating a “ready-to-go” Bill.Speaking in reaction the Queen’s speech at… Continue reading Radio Group Welcomes Communications Bill Drafting

Granada and Carlton Communications have hit a stumbling block in plans to bring their pay-TV businesses under the umbrella ITV brand (see Granada And Carlton Bring ONdigital Under ITV Brand), following discussions with some of the Network’s smaller franchise holders. Although all the parties involved have so far declined to comment on the talks, press… Continue reading Granada And Carlton Meet Opposition To ITV Brand Plans, Say Reports

French outdoor media company JC Decaux has delayed its IPO on the French stock market (see JC Decaux To Fund Growth With IPO On French Stock Market) following media scepticism and concerns over investor demand. The announcement follows a week of uncertainty in the French advertising industry as share prices fell following profit warnings from… Continue reading JC Decaux Cuts Price Of IPO

IPC Media has announced a series of new appointments, including the promotion of former Nova publisher, Elaine Foran, to director of the newly created central international and fashion sales group.In the new role, Foran, reporting to IPC advertising MD, Georgina Crace, will manage sales strategy and client and editorial liaison across all IPC titles including… Continue reading Management Shake Up At IPC