SMG yesterday acquired a further 136,000 ordinary shares in Scottish Radio Holdings (SRH), representing in total 0.4% of the company’s issued share capital. These shares were acquired at 1,365p per SRH share and represented a total consideration of £1.9 million. As a result, SMG now owns a total of 9,729,361 ordinary shares in SRH, representing… Continue reading SMG Takes Scottish Radio Interest to 29.5%
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ITV has today announced a major deal planned to kickstart its online and interactive strategy. It has acquired the UK internet and interactive rights to Who Wants To Be A Millionaire? and is to launch a number of gaming formats based around the hit TV show.The ITV website, itv.co.uk, will host four games linked to… Continue reading ITV Takes Millionaire Online
Media stock rallied yesterday, helped by a boost from Lehman Brothers. Reuters climbed 55p to 865p and WPP was up 50p to 785p after being added to the broker’s recommended list.Ulster TV put on 29˝p to 288˝p after releasing a strong set of financial results (see Ulster Stock Rises On Positive Results) while Tempus, which… Continue reading Sharewatch
The More Group has expanded its taxi-advertising interest, Barnett’s Taxi Advertising, which it purchased last April, with the acquisition of Taxi Media. The move will see the creation of the UK’s largest taxi-advertising contractor. Barnett’s sales director Lloyd Keisner will become sales director of the new company, heading a sales team of around 50 selling… Continue reading More Group Expands Taxi Advertising Interest
John Chambers, CEO of US technology company Cisco Systems, has warned that the economic downturn there will continue to the end of this year and maybe longer. He said that his company had just experienced the fastest deceleration period ever prior, to the issue of a profits warning recently.
Publishing company Highbury House Communications today offered a cheerful outlook for the year, saying that 49% of its budgeted advertising sales have already been achieved. The consumer and trade magazine group says that it had only a small exposure to the dotcom boom last year and so is not experiencing the downturn that many other… Continue reading Highbury House Starts Year Well
Publishing company Highbury House Communications today offered a cheerful outlook for the year, saying that 49% of its budgeted advertising sales have already been achieved. The consumer and trade magazine group says that it had only a small exposure to the dotcom boom last year and so is not experiencing the downturn that many other… Continue reading Highbury House Starts Year Well
Global marketing and media communications group, Tempus, this morning said that it achieved record financial results and net new business wins during 2000. Pre-tax profit at the group grew by 29% to £21.5 million, whilst revenues rose 64% to £151.3 million.During the year Tempus secured record new business wins worth £594 million – a 52%… Continue reading Tempus Announces Record Results And Repositions As ‘The Agency Of The Future’
Global marketing and media communications group, Tempus, this morning said that it achieved record financial results and net new business wins during 2000. Pre-tax profit at the group grew by 29% to £21.5 million, whilst revenues rose 64% to £151.3 million. During the year Tempus secured record new business wins worth £594 million – a… Continue reading Tempus Announces Record Results And Repositions As ‘The Agency Of The Future’
BSkyB is hoping to drive subscription uptake in Ireland, having secured the rights to show more Irish content and BBC1 in the Republic. Richard Freudenstein, Sky’s CEO, has said he would like to add the leading Irish terrestrial channels RTE 1, Network 2, TV3, TG4 and UTV to the platform in future.It is thought that… Continue reading BSkyB Plans Subscription Drive In Republic Of Ireland
