SRH Cautious On Outlook As Ad Slowdown Hits ProfitsScottish Radio Holdings has this morning issued a cautious outlook for its performance for the coming year, as interim financial results show a 5% drop in profit before tax to £7.8 million.Turnover at the group increase by 18% to £40 million for the six months to 31… Continue reading SRH Cautious On Outlook As Ad Slowdown Hits Profits
The chairman of the ASA, Lord Borrie, yesterday urged local and regional newspapers to play their part in maintaining the self-regulatory system in advertising, but stated that even with self-regulation promised as part of Ofcom, the ASA would fight to remain outside the new industry regulator.Addressing the Newspaper Society yesterday, he said, “We intend to… Continue reading ASA Will Resist Inclusion In Ofcom, Says Lord Borrie
Hotbot the Lycos search engine aimed at students launched it’s first UK ad campaign on Friday.The campaign developed by brand communications agency Tequila London will run for six weeks with the main push online. 400 000 postcards will be distributed across 150 university campuses in order to attract students to take part in online hotbot… Continue reading Hotbot’s First UK Ad Campaign To Be Launched At Students.
Following the release of Capital’s interim results yesterday (see Capital Stock Recovers Despite Expected Profits Warning) shares rose 9% to finish at £7.52½ a significant improvement on Wednesday’s loss of 5.15%.Bright Station excelled as the strongest performer of the day with shares rising 1p to finish at 10½p while Cordiant continued its recent slump, suffering… Continue reading Sharewatch
Bert Meerstadt, the CEO of advertising agency Young & Rubicam Europe, has announced his intention to step down from his post this summer, after three years in the role. He will be replaced by Etienne Boisrand, formerly CEO of R&Y France and chairman of Y&R Asia. US-based Y&R was taken over by UK advertising and… Continue reading Young & Rubicam Europe CEO To Step Down This Summer
Reports this week suggest that the hard times are not yet over for ITV. Both Merrill Lynch and ABN AMRO have said that they are now expecting a decline of anything between 10 and 15% in revenue, as opposed to the initial estimate of flat growth for Q3.July was predicted as the month when ITV… Continue reading Further Revenue Declines Predicted For ITV, Broker Forecasts Downgraded
The Wireless Group has today denied press speculation that the company is to be sold due to funding difficulties. A spokesman dismissed the claims made in an article published in a national broadsheet as “speculation” adding, “The Wireless Group is not for sale and is doing well, as recent figures show.”The article in question stated… Continue reading Wireless Group Denies Claims That It Is Up For Sale
The predicted profits warning from Capital Radio was confirmed today as the group released its interim financial results, with the message that the advertising market has deteriorated further since its first warning in March (see Capital Shares Plummet As Trading Statement Warns Of Half Year Revenue Below Expectations).At that time Capital said that due to… Continue reading Capital Stock Recovers Despite Expected Profits Warning
The Radio Authority has published an Election Special of its Programming and Advertising Review for January to March 2001. It is designed to act as a guide to radio stations in maintaining balance and fairness under the increased pressure of election time.One of the most serious decisions made by the Radio Authority during the three… Continue reading Radio Authority Publishes Election Fairness Guidelines
The predicted profits warning from Capital Radio (see Insight Analysis: Radio Shares Take A Dive) was confirmed today as the group released its interim financial results, with the message that the advertising market has deteriorated further since its first warning in March. At that time Capital said that due to a weakening advertising market profits… Continue reading Capital Stock Recovers Despite Expected Profits Warning
