Reuters announced the appointment its new group chief executive, Tom Glocer, yesterday (see Appointments Brief). It is thought that his experience in mergers and acquisitions could give a clue to the future of the company, which caused a positive reaction from analysts, and pushed the price of Reuters shares up 81p to £12.66 yesterday.Tony Ball,… Continue reading Sharewatch
News International’s stable of newspapers has begun to tighten its belt as fears over a slowdown in advertising revenue mount. According to reports in the Financial Times, executives at the Times, the Sunday Times, the Sun and the News of the World have set out a budgeting programme which includes a freeze on new hirings.… Continue reading Ad Slowdown Fears Hit Newspaper Publishers
Around 16.3% of French adults are now online, compared with 11.6% last year, according to new figures from Médiamétrie. The research also shows that around 35% of users go online on a daily basis, up from 28.1% last year. More than half (54.2%) access the Net from home, with 34.9% using access through work. The… Continue reading 7.6m French Adults Online
Around 30% of UK-based dotcoms were in profit last year, with over 50% expecting to be in profit this year, according to the findings of a new NOP survey. Contrary to the recent adverse publicity surrounding dotcoms, the first wave of NOPÂ’s recently established DotCom Panel paints a picture of entrepreneurs as relatively optimistic about… Continue reading Dotcoms Optimistic About Their Future
News International’s stable of newspapers has begun to tighten its belt as fears over a slowdown in advertising revenue mount. According to reports in the Financial Times, executives at the Times, the Sunday Times, the Sun and the News of the World have set out a budgeting programme which includes a freeze on new hirings.… Continue reading Ad Slowdown Fears Hit Newspaper Publishers
ONdigital has announced that its current director of sales and business development, Matthew Seaman, is to move into a new role within the company: director of interactivity. Reporting to Rob Fyfe, Seaman will oversee all of ONdigital’s interactive activity, including the TV internet service ONnet, ONgames and the development of interactive advertising. Following this appointment,… Continue reading Appointments Brief
A ban on tobacco advertising is back on the agenda after a new bill restricting such promotion was unveiled during the Queen’s Speech today. The bill will come into effect next summer and could lead to a total ban on the advertising of tobacco products.Government had last year planned to introduce a ban to phase… Continue reading Queen’s Speech Unveils Tobacco Ad Ban
The internet – everyone’s favourite millennial next big thing – may not be making the monumental impression on society first predicted, according to a report which takes in 22 different research projects across Europe and the US. More worryingly for dotcom millionaires-in-waiting, a new category of surfer has been added to silver surfers, teen surfers… Continue reading E-revolution Proving Slow To Materialise, Says Report
Freeserve, the UK’s leading internet service provider, is to be taken over by Wanadoo. The company, which is 80% owned by Dixons and believed to be worth £1.5-1.8bn, today agreed to merge with its French rival in an all-share deal.The combination of the two groups will create a leading European new media company offering a… Continue reading Freeserve Sold To Wanadoo
Full year results from Carlton Communications (see Profits At Carlton On The Up As Ad Revenues Slip) were well recieved on the market, with shares rising 18p to £5.43, an increase of well over 3%.Other strong performances were seen at Cable & Wireless, which rose 57p to £9.47, WPP, which jumped 67p or 8.5% to… Continue reading Sharewatch
