Saatchi & Saatchi did not reach its 500p merger price yesterday (see Publicis Buys Saatchi & Saatchi For £1.24bn), because a fall in the value of Publicis shares reduced the value of the offer, which was all-stock. Shares in Saatchi & Saatchi ended down 1½p at £4.19½.Daily Mail group, which recently offloaded its DMG radio… Continue reading Sharewatch
Future Network today announced strong growth in its net-based activities and unveiled a series of launches for the coming year. At its inaugural Annual General Meeting, chief executive Greg Ingham said the group, which floated on the London Stock Exchange a year ago today (see Price Set For Stake In Future), was on track to… Continue reading Future Looks Bright A Year On From Float
A merger between Vivendi, Canal Plus and Seagram was unveiled today, creating a media giant to rival AOL-Time Warner. The French media and utilities group, which owns 50% of TV company Canal Plus, will unite with Canadian-owned Seagram in a deal worth £22bn.The new company will be renamed Vivendi Universal and its combined assets will… Continue reading Vivendi, Seagram And Canal Plus Merge In £22bn Deal
Shopping online may be becoming more popular (see UK Internet Users Giving Online Shopping More Credit), but it has some way to go to beat playing games or listening to music on the internet.The latest figures from MMXI Europe show that European internet users have increased the amount of time they spend looking at entertainment… Continue reading We’d Rather Play Games Than Shop On The Net, Says Report
Saatchi & Saatchi has agreed to be taken over by French advertising group Publicis in a deal which will see the creation of the world’s fifth largest advertising company. Publicis is to pay £1.24bn for the group in an all-paper deal.The agreement will see Saatchi & Saatchi owning 30% of the combined group, which will… Continue reading Publicis Buys Saatchi & Saatchi For £1.24bn
Attic Futura has announced plans to restructure its advertising department, becoming the third magazine publisher to redefine itself across its core markets. The group, which publishes titles including TV Hits and Sugar, will now conduct sales across two major genres: youth and entertainment and women’s health and lifestyle.A number of senior appointments have been made… Continue reading Attic Futura Restructures Sales Department
Saatchi & Saatchi confirmed yesterday that it was in merger talks. The company is expected to go on to reveal details today, but yesterday, after names such as Grey Advertising and Interpublic were put forward, France’s Publicis emerged as the favourite. Shares in Saatchi and Saatchi jumped as a result, ending up 90p at £4.21.Details… Continue reading Sharewatch
Merger talks between Seagram, Vivendi and Canal Plus (see Sharewatch) are said to be nearing completion. News of the possible deal has had a positive effect on shares in BSkyB, which counts Vivendi among its major stake-holders (see Vivendi Given Clearance For BSkyB Stake). Shares in BSkyB rose 16p on Friday, to end at £13.20.United… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Wednesday BBC Worldwide, the commercial arm of the BBC, publishes its annual report and accounts.Representatives from teenage magazines meet Tessa Jowell at a summit addressing images of women in mass media.Also…TV viewing and market round-ups will appear on Newsline.
More Group and Universal McCann have commmissioned a 6 month study into the effectiveness of outdoor advertising. The project, called Illumination is to examine the relationship between poster advertising awareness and sales and also the effectiveness of posters when combined with other media in campaigns.The research will look at 6, 48 and 96 sheet sites,… Continue reading More Group And Universal McCann Team Up For Poster Effectiveness Research
