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In his statement at today’s annual general meeting, SMG chairman Don Cruickshank told shareholders that first quarter trading at the core television division is down around 9% on last year and stated that the higher licence payments for its ITV franchises would also be a burden In television, trading is down approximately 9% on the… Continue reading SMG Issue AGM Statement

Pearson is to cut around 40 jobs from its online division, which includes FT.com, in order to steer its businesses towards profitability by the end of 2002.The job losses will occur across the FT internet businesses, including FT.com, FT Careerpoint and FT Your Money. The reduction in staff is said to result from the integration… Continue reading 40 Jobs To Be Cut At Online FT

Chrysalis’ Galaxy Network is launching its first ever multi-media advertising campaign, worth in the region of £250,000 and utilising the specialist music press, new media and below the line activity. It follows the launch of the network’s first TV advert, currently running on MTV UK, MTV Base and MTV Extra.Nick Button, Galaxy Network’s brand director… Continue reading Galaxy Network Launches Multi-Media Ad Campaign

The possibility of broadcast advertising self-regulation, raised by the government’s Communications White Paper (see Chris Smith Unveils Ofcom), will first of all require the commitment of advertisers, according to the director general of the Advertising Association, Andrew Brown.Brown made this comment during the annual ISBA conference on 29 March. Malcolm Earnshaw, ISBA’s director general added,… Continue reading Broadcast Advertiser Responsibility Key To Achieving Self Regulation

The climax of EastEnder’s Who Shot Phil Mitchell? storyline attracted almost 20m viewers to BBC1 last night. Unofficial overnights put the average audience at 17.9m, with a peak of 19.8m occurring halfway through the 40 minute programme. The audience was on average 2m larger than for the episode when Phil was actually shot (see Phil’s… Continue reading EastEnders Shooting Climax Pulls Peak Audience Of Nearly 20m

In his statement at today’s annual general meeting, SMG chairman Don Cruickshank told shareholders that first quarter trading at the core television division is down around 9% on last year and stated that the higher licence payments for its ITV franchises would also be a burden.In television, trading is down approximately 9% on the buoyant… Continue reading SMG Remains Cautious In AGM Statement

The best performer in the FTSE 100 yesterday was Telewest, which jumped 11¾p to £1.10¾, a rise of over 11%. As stock markets around the world began to recover from recent lows, Reuters benefited from a positive Nasdaq, rising 40p to £8.10.Financial Times owner Pearson announced cuts to its internet activity spending in response to… Continue reading Sharewatch

Pearson is to cut around 40 jobs from its online division, which includes FT.com, in order to steer its businesses towards profitability by the end of 2002. The job losses will occur across the FT internet businesses, including FT.com, FT Careerpoint and FT Your Money. The reduction in staff is said to result from the… Continue reading 40 Jobs To Be Cut At Online FT

Offbeat humour in TV advertising prompted complaints from viewers to the ITC during February, but the regulators treated the campaigns in question with good humour. 81 complaints were received about the three treatments making up the latest Ikea campaign. These feature a Mafia style trio with Swedish accents appearing in peoples homes to interrogate them… Continue reading Bad Taste Humour In Ads Passed By ITC

Dennis Publishing has acquired a majority shareholding in car magazine Evo with immediate effect. The title will increase the proportion of motoring titles in the Dennis portfolio, which is currently dominated by computer and gaming magazines, as well as men’s title Maxim.Evo was launched in 1998 by Evo Publishing. In its first ABC audit it… Continue reading Dennis Adds New Automotive Title To Magazine Stable