Saatchi & Saatchi is to make up to 10% of its UK workforce redundant in a cost cutting measure thought to be in response to the global advertising recession. It is thought that this action by the advertising agency will be the first of many as the industry prepares to face revenue losses.As yet, the… Continue reading Saatchi & Saatchi Respond To Ad Recession With Major Job Cuts
*Updated 2.30pm*Forecourt TV, which introduced looped television advertising onto service station forecourts last year (see Forecourt TV Prepares For AIM Listing) has signed a deal with Moto Motorway Services (formerly Granada) to provide advertising to a further 25 major motorway service stations.The deal, which was finalised today, will allow Forecourt to target customers at Moto… Continue reading Forecourt TV Finalises Deal With Granada Services
Bright Station was the poorest performer in yesterday’s media market with shares plummeting 11.43% to close at £0.078.Reed International saw stocks climb 3.12% to finish at £6.11, a rise 18.5p on the previous day, while SMG showed a modest rise of 0.71% with a closing price of £2.13 in what was a predominantly static day… Continue reading Sharewatch
Readership of national newspapers dropped by 2.1% year on year for the period November-April 2001, according to the latest figures from the NRS.Worst hit was the Daily Express, which saw a fall of 19.3% compared to the same period last year. The Guardian’s readership slipped below the 1m mark and fellow broadsheet the Independent on… Continue reading National Newspaper NRS Round-Up – April 2001
The media is perceived as more influential than family and friends when floating voters decide which party to go for. New research from Media@BMRB suggests that the amount of party money and effort spent on advertising and media-friendly events may pay off, as 90% of respondents who were floating voters thought that party political advertising… Continue reading Media Bigger Influence Than Family For Floating Voters
The Financial Times is to launch a daily news service which will be delivered to customers via their mobile phones. The daily business information service or “Daily Me” will enable users to access stories from the Financial Times and its online counterpart FT.com.The FT mobile package, produced in conjunction with The Carphone Warehouse, will offer… Continue reading FT Launches Mobile Phone News Service
Web sports network Rivals.net is heading up a campaign to force the online media industry to adopt a recognised auditing system similar to that of magazines and newspapers.The campaign has received backing from a number of online media agencies and clients including Hollinger, Guardian Media, Emap and Rivals.net share holder Chrysalis (see Chrysalis Increases Stake… Continue reading Rivals.net Heads Campaign For Internet Industry Audit
Outdoor company JC Decaux has announced its intention to float on the French stock market next month, in order to fund future growth and acquisitions. The share offering is expected to value the company at between €3.8 and €4.4 billion (£2.3 – £2.6 billion). Proceeds from the IPO, in which 20-22% of JC Decaux’s enlarged… Continue reading JC Decaux To Fund Growth With IPO On French Stock Market
Freeserve has introduced “skyscraper” adverts onto its pages for the first time. The adverts run vertically down the edge of the screen, which is thought to allow better integration with content and more creative flexibility. The first advert is for direct flight retailer dialaflight.com and appears in the Holidays and Travel section of FSAuctions. It… Continue reading Freeserve Introduces Skyscraper Advertising Option
Outdoor company JCDecaux has announced its intention to float on the French stock market next month, in order to fund future growth and acquisitions. The share offering is expected to value the company at €3.8 – €4.4bn (£2.3 – 2.6bn).The proceeds from the IPO, in which 20-22% of JCDecaux’s enlarged share capital will be offered,… Continue reading JCDecaux To Fund Growth With IPO On French Stock Market
