More Industry News articles

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

Associated Newspapers is set to expand on the success of its free morning newspaper Metro. A deal between the group and Regional Independent Media will see the launch of Yorkshire Metro in Sheffield and Leeds on 8 January, and a franchise deal with Trinity Mirror in Scotland is set to reach completion next year. Emap‘s… Continue reading Launches And Closures: Press

The Advertising Association (AA) has announced further progress in the establishment of its Ad Effects Committee, with the identification of six potential projects for the new body to address. The projects suggested include the best use of sales databases, an evaluation of pre-testing, good practice in the client-agency ad development process and showing what can… Continue reading Advertising Association Names Potential Projects For Ad Effects Committee

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

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

This week Virgin Radio unveiled plans to launch four new standalone radio brands that will be broadcast exclusively over the internet (see Virgin Radio Unveils Standalone Web Stations). The stations offer Virgin listeners music selections alternative to the playlist used on the main Virgin station. Virgin has also embraced the net by selling advertising specifically… Continue reading Feature: Radio Goes Online To Net More Listeners

Shares improved on the results up from 525p to 543p. Stock continued to climb during Wednesday reaching 565p as a sale of the groupÂ’s Technicolor business. The Daily Telegraph notes that whilst Carlton shares have suffered from its failure to secure the merger with UNM and fears of a downturn in ITV advertising, there has… Continue reading Carlton Communications results: City Reaction

Use of the internet by business to purchase supplies and equipment is on the increase in the US, according to new research by American Express. Around 40% of mid-sized US firms are already buying online and of those not doing so, 37% plan to within the next twelve months. Primary advantages of using the Net… Continue reading US Firms Turn To Net For Equipment And Supplies Orders