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
ABN AMRO has cut its 2002 profit forecast for Capital Radio by 7% to £35.5m, following confirmation in its interim results yesterday of a fall in profits and a revision of its full year expectations (see City News). A major factor in the revenue falls has been what the broker calls a “sharp deterioration in… Continue reading ABN AMRO Reduces Forecast Following Capital Profit Warning
The ITC published its revised rules on airtime sale arrangements yesterday, revealing a more streamlined approach to the regulation of this sector. Deputy director of advertising and sponsorship at the ITC, Ian Blair, said today: “The rules will be kept under periodic review to ensure that they continue to reflect the rapid changes within the… Continue reading ITC Publishes Revised Airtime Sales Rules
Scottish 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 March, driven largely by acquisitions. This is… Continue reading SRH Cautious On Outlook As Ad Slowdown Hits Profits
According to Forrester, the web is on the verge of a transformation as people move away from traditional browsing and two new waves of innovation emerge. As web usage has boomed, so users demands have increased and in order to satisfy these demands new technologies must be developed. Forrester defines the X Internet “an executable… Continue reading The End Of The Web As We Know It?
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
Ad revenues at the New York Times publishing company were down by 15.4% in April, whilst the flagship NYT newspaper saw a fall of 16% during the month. The falls continue the trend from the first quarter which saw ad revenue across the group down 7% year on year (see New York Times Warns Of… Continue reading NYT Revenues Fall 15.4% In April, But Are Comparable With 1999 Figures
SMG this morning said that it has completed the acquisition of Orpheus Publications, publisher of consumer magazine titles The Strad, Double Bassist, Choir & Organ, International Piano Quarterly and Classic Record Collector. The company said it will acquire net assets of around £20,000. SMG Publishing’s magazine portfolio includes Scottish Farmer, Boxing News and The Great… Continue reading SMG Acquires Music Mag Publisher
