Around 500 jobs are expected to be lost at Reuters, following an organisational restructure. The measures form part of an initiative by Tom Glocer, who is due to succeed Peter Job as CEO of the company at the end of July. The restructure affects the Board; Rob Rowley and Jean-Claude Marchand will step down in… Continue reading Reuters Restructure Costs 500 Jobs
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Pearson, Reed-Elsevier and Wolters Kluwer are thought to be likely bidders for the professional and free magazines business of Vivendi Universal, according to a report in French newspaper La Tribune. The paper claims that the sale of this division is the most likely divestment by Vivendi Universal to finance its acquisition of Houghton Mifflin.
BBC Worldwide is to launch a new title, Blue Peter magazine on 27 June. The 32 page magazine, the first to be based on the flagship children’s programme, which draws an average of around £1.5 viewers per episode, will be aimed at five to eight year old boys and girls and will cost £1.25.The first… Continue reading BBC Worldwide To Set Sail With Blue Peter Magazine
BSkyB has introduced a “personal planner” function for its digital satellite customers which will allow viewers to plan their viewing and then have the service either change channel for them automatically when their chosen programmes are about to start, or flash a reminder up on screen.The new feature, which has just completed its distribution via… Continue reading Sky Introduces Personal Planner Feature To Digital Service
John Bartle, co-founder of advertising agency Bartle,Bogle & Hegarty, is to take on the role of president of NABS from late summer this year. He will take over from Jeremy Bullmore, the current president. Kate Harris, director of NABS commented, “It has been a privilege to work with Jeremy and a real perk of the… Continue reading NABS Names Bartle As New President, Unveils New Identity
The Digital Radio Group (DRG) has succeeded in its bid to become the holder of the third digital multiplex licence to be awarded for the Greater London area (see Digital Radio Group Joined By New Shareholders For London Bid). The DRG bid promised services for diverse groups of listeners including young people, the gay community,… Continue reading Digital Radio Group Wins Third London Multiplex
The Daily Mail and General Trust (DMGT) group has announced pre tax profit of £71.6m for the half year ended 1 April 2001, a year on year decrease of 1.1%, although operating profit was up 4.5% year on year at £103m and turnover increased by 11% to £960.5m.Despite the fall in profits the Group declared… Continue reading DMGT Remains Upbeat Despite Pre-Tax Profit Fall
Around 500 jobs are expected to go at Reuters in an organisational restructure. The measures form part of an initiative by Tom Glocer, who is due to succeed Peter Job as CEO of the company at the end of July.The restructure will also have implications at board level, where Rob Rowley and Jean-Claude Marchand will… Continue reading 500 Jobs To Go At Reuters Thanks To Restructure
Outdoor advertising contractor, Adshel, has won what it claims is the single largest street furniture advertising contract ever. The 15 year deal in Singapore is worth around US$500m (£350 million). Roger Parry, CEO of Adshel’s parent company Clear Channel International, says that the deal is a ‘highly strategic win’. The contract covers 4,000 advertising faces,… Continue reading Adshel Wins ‘Highly Strategic’ Singapore Contract
Adshel has won what it claims is the single largest street furniture advertising contract ever, a 15 year deal for Singapore worth around US$500m, or just over £350m. Roger Parry, CEO of parent company Clear Channel International described it as a “highly strategic win”.The contract awarded is for over 4,000 advertising faces, which will give… Continue reading Adshel Claims Largest Ever Street Furniture Contract Win
