Shares in the broadcasting sector took a slump yesterday as reports claimed that Granada’s financial results, due tomorrow, will show deepening woes for ITV’s advertising revenues.The Financial Times says that ITV ad revenue is likely to be down almost 25% in July; in April revenues were down by 18.9%, according to buyers’ estimates collected by… Continue reading Reports Predict Continued Gloom From Granada Results
Following a report in the Wall Street Journal this morning, speculation is rife that IPC may be in talks with AOL Time Warner regarding a possible buy out. Although IPC Media has repeatedly denied that it is up for sale, chief executive Sly Bailey recently acknowledged the possibility of a sale or flotation “within the… Continue reading AOL Time Warner May Bid For IPC
IPC Country & Leisure has demonstrated that there is life after the dotcom fallout by declaring the launch of its internet magazine Web User a success. An audited statement for the first three issues released by the publishers suggests that the title has achieved market leadership with an average circulation of 92,000.Since its launch on… Continue reading IPC Declares New Web Magazine A Success
Channel 4 has promoted Polly Cochrane to managing director of marketing and commercial development, as part of a plan to strengthen its network of commercial brands. The move also sees the promotion of Bill Griffin to head of marketing and Lisa Green to head of 4 Creative. In her new role, Cochrane, who currently oversees… Continue reading Promotions At Channel 4 Strengthen Commercial Brands
Month on MonthNational newspaper circulation data for May 2001 has now been released. The figures reveal a continuing decrease in circulation across all titles in a month on month analysis, with an overall fall of 1.8%.The greatest loss in terms of percentage change in circulation was at the Sunday Express, which lost 10.8% of its… Continue reading National Newspaper ABC Round-Up -May 2001
Global marketing group, Cordiant Communications, today warned that the recent economic slowdown, and in particular the decline of the technology sector, will impact this year’s profits. Speaking at the AGM, chairman Charles Scott said that in the light of these more difficult trading conditions, job cuts have been made in a number of Cordiant’s businesses.… Continue reading Economic Downturn Hits Cordiant Jobs And Profits
After Reuters announced plans for major organisational restructure last week (see 500 Jobs To Go At Reuters Thanks To Restructure), shares dropped 3.61% yesterday, to close 36p down at £9.60, in what was the worst media performance of the day.At the other end of the scale The Wireless Group, which yesterday sold Scot FM to… Continue reading Sharewatch
The Financial Times has published an open letter to the newly returned Prime Minister, urging him to push ahead with the communications bill, now that the need to keep the media on-side is diminished following the election. The letter, by media reporter Andrew Ward, hints at the media’s displeasure at Chris Smith’s removal “You no… Continue reading FT Urges PM To Push For Action On Communications Bill
The Financial Times has published an open letter to the newly returned Prime Minister, urging him to push ahead with the communications bill, now that the need to keep the media on-side is diminished following the election.The letter, by media reporter Andrew Ward, hints at the media’s displeasure at Chris Smith’s removal (see Smith Replaced… Continue reading FT Urges PM To Push For Action On Communications Bill
Following a report in the Wall Street Journal this morning, speculation is rife that IPC may be in talks with AOL Time Warner regarding a possible buy out. Although IPC Media has repeatedly denied that it is up for sale, chief executive Sly Bailey recently acknowledged the possibility of a sale or flotation “within the… Continue reading AOL Time Warner May Bid For IPC
