United News and Media (UNM) has agreed to sell UAP Inc. to Trader Publishing for a cash sum of $520m. This brings the total raised by UNM’s divestment programme to $840m.UAP Inc. is free-to-the-public magazine and online advertising business specialising in the real estate rental and sale, motoring and parenting markets across the US.UNM unveiled… Continue reading UNM Continues Divestment With UAP Sell-Off
WPP is on the verge of agreeing a take-over deal for US advertising company Young & Rubicam (Y&R), a move which would create the world’s largest advertising group. The possibility of the talks reaching fruition has not been confirmed by either company, but the national press are unified in expecting an announcement soon.WPP confirmed that… Continue reading WPP And Y&R May Be Nearing Deal
Newsquest signed a deal to take control of regional news group NEWSCOM over the weekend (see Newsquest Signs £444m Deal For Control Of NEWSCOM). Shares in NEWSCOM responded on Monday by rising 112½p to £17.75. Johnston Press and Trinity Mirror also submitted bids for the group. Yesterday Johnston fell 4p to £3.17½ while Trinity Mirror… Continue reading Sharewatch
An announcement from WPP on Friday kept the market guessing when it revealed that talks were on again for a potential merger with US advertising agency Young & Rubicam. The first rumours regarding the deal were confirmed when initial talks were announced nearly a fortnight ago (see WPP Confirms Discussions With Y&R). However, a few… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.The PPA Magazines & B2B Conference begins today, featuring speeches by Chris Smith and Kevin Hand, from EMAP. The two-day event will be covered by Newsline.Tuesday Capital Radio announces interim financial results.Wednesday British Sky Broadcasting announces third quarter financial results.The deadline… Continue reading The Week Ahead
This week sees the launch of the Daily Telegraph‘s new supplement focusing on e-commerce. The first issue of dotcom.telegraph, to replace Connected, will appear in Thursday’s edition of the paper.Including three pages of e-commerce news, with the latest launches and share tips, the 12-page broadsheet supplement will also feature interviews with leading figures in the… Continue reading Telegraph To Launch Dotcom Supplement
Broadcasters will have to make something of a shot in the dark when they submit bids to the Premier League for the 18 new rights packages on Wednesday this week. Unlike the recent sell-off of next generation mobile phone licences, in this high profile auction there will be no counter-bids, as candidates get only one… Continue reading Broadcasters Need More Than Money To Win Premier League Rights
Readers of online news services look first at the text on a page rather than graphics and photographs, according to recent research conducted by Stanford University and the Poynter Institute in the US. The study, in which the subject’s eye movements were tracked by small cameras attached to the side of their heads, showed that… Continue reading Online News Is All About Text
The Independent Television Commission (ITC) has published the first of its consultation papers regarding the specific prohibitions set out in its Code of Advertising Standards and Practice. Of 29 prohibitions reviewed, 16 have been recommended for deletion and 8 for amendment.“We have taken a completely fresh look at all these prohibitive rules in the code,… Continue reading ITC Begins Review Of Advertising Rules
The regional newspaper market took a step towards further consolidation over the weekend, when Newsquest signed a £444m deal for control of NEWSCOM. Newsquest, UK operating arm of US group Gannett, which publishes USA Today, won control of the group over bids from rivals Trinity Mirror and Johnston Press.Newsquest will pay £18 per share in… Continue reading Newsquest Signs £444m Deal For Control Of NEWSCOM
