Advertising group WPP has announced a 100% acquisition of European PR firm Finsbury. The company, founded in 1994, will continue to operate independently within WPP, benefiting from access to its advertising and marketing services networks.Finsbury specialises in financial communications, investor relations and public affairs. Among its client list of UK companies worth over £100bn, it… Continue reading WPP Announces Acquisition Of Financial PR Firm
Stock in Carlton Communications dropped sharply yesterday after the company’s financial results admitted that there is no obvious improvement in advertising on the horizon (see Carlton Stock Dives On Indefinite Ad Downturn). Stock closed yesterday down 20p at 392p. The group also halved its dividend to 3.3p in order to offer ‘more flexibility’ in the… Continue reading Carlton Communications Financial Results – Reaction
Cricket continues to move away from its traditional BBC home with the England and Wales Cricket Board’s (ECB) decision to award Sky Sports a new three year contract for live international and county cricket.Under the new deal, which covers the next three seasons, Sky Sports will have exclusive live broadcast rights to cricketing events including;… Continue reading Sky Sports Scores New Three Year Cricket Contract
Regional newspaper publisher, Johnston Press, has this morning announced that Stuart Paterson will become the group’s next finance director, replacing Marco Chiappelli, who has retired. Paterson takes up the role on 16 July. Johnston Press is the UK’s fourth largest regional newspaper group with a total weekly circulation of around 6 million copies.
Flushed with the eventual success of getting digital horse racing channel Go Racing on its way (see Go Racing Gets Go Ahead For Racing Channel), Channel 4 is set to extend coverage of the sport of kings in its terrestrial schedules.The channel has announced the signing of a one year deal to show French horseracing,… Continue reading Four’s Racing Coverage To Extend Across The Channel
Cinema admissions in April reached an unprecedented 14 million according to the latest CAA figures. With an average of 3.26m admissions per week April 2001 figures were the highest for 26 years.April’s soaring admissions were largely due to the release of the widely successful Bridget Jones’ Diary, which dominated the box office generating a three… Continue reading April’s Cinema Admissions Reach A 26 Year High
Stock in Carlton Communications was one of the worst performers on the FTSE100 this morning, following the group’s financial results in which it warned that it is not yet possible to predict when the ailing advertising market will begin to improve.The downturn in the ad market, exacerbated by the dotcom marketing boom of last year,… Continue reading Carlton Stock Dives On Indefinite Ad Downturn
Outdoor group Maiden indicated yesterday at its AGM that its own sector was feeling less ill-effects of the widely reported advertising slowdown than sectors such as TV and Radio.“The strong growth in the first quarter accelerated through into April and, in spite of a more uncertain economic environment in May and June, we expect revenue… Continue reading Maiden Upbeat About Outdoor Prospects Following Strong Start To Year
Global advertising and market research company, Aegis Group, announced today that it has acquired Demoscopie, a French market research business. Demoscopie is a custom research company based in Paris, with both quantitative and qualitative full service capabilities, specialising in both consumer and business-to-business research. It generated revenues of around £3.5 million last year. As part… Continue reading Aegis Builds Global Market Research Reach With French Acquisition
RevenueIn a year on year analysis total terrestrial TV revenue fell 13.8% during April. Worst hit was ITV, which saw its revenue drop compared to the same period in 2000, with a fall of 18.9%. Least affected was Channel 4.Satellite revenues went up, as the non-terrestrial channels continue to gain influence and audience. Total revenue… Continue reading TV Market Round-Up – April 2001
