The UK division of Saatchi & Saatchi, the worldwide advertising and marketing agency, reported a decrease in its ongoing revenue during 1999. It fell by 1.2% to £57.5m as accounts lost due to conflict situations were not totally offset by new business gains.The group as a whole had a successful year, however, with pre-tax profits… Continue reading Saatchi & Saatchi Reports Dip In Revenue
Ulster TV announced today the acquisition of Direct Net Access (DNA), Northern Ireland’s leading internet service company, for £4.25m. The deal was unveiled as the group reported a 37% decrease in its pre-tax profit, which fell to £7.8m, in its annual results.Operating profit for the year, however, saw a rise of 43% to £11.9m, and… Continue reading Ulster TV Acquires DNA As Pre-tax Profit Slumps
The BBC has signed a five-year deal for the exclusive radio rights to live Test cricket matches, beating off a bid from Kelvin MacKenzie’s TalkSport. It is believed that the £5 million offer from the BBC beat a £7.5 million proposal by the national commercial sports station.MacKenzie accused the Corporation of snobbery after his bid… Continue reading BBC Wins Fight For Test Cricket Rights
Online advertising is set to continue its boom, with revenues reaching £620 million by 2004, according to Fletcher. In 1999 online adspend stood at £50 million, drawn from a mixture of dotcom start-ups and traditional media companies moving to the Net. By 2004, 50% of all online ads will come from dotcoms, says Fletcher. Dotcom… Continue reading Online Advertising To Hit £620m By 2004, Says Fletcher
Online advertising is set to continue its boom, with revenues reaching £620 million by 2004, according to Fletcher Research. In 1999 online adspend stood at £50 million, drawn from a mixture of dotcom start-ups and traditional media companies moving to the Net. By 2004, 50% of all online ads will come from dotcoms, says Fletcher.Dotcom… Continue reading Online Advertising To Hit £620m By 2004, Says Fletcher
Year end financial results released by global communications group, Cordiant Communications yesterday, were met positively by traders (see Cordiant Posts Strong Rise In Pre-Tax Profits). Stock was pushed up 19˝p to close at 358˝p.BSkyB plummeted yesterday after making a record high at the beginning of the week, to finish down 182p (8.5%) at 1,595˝p. Other… Continue reading Sharewatch
Positive results from Pearson earlier in the week and the announcement of its planned agreement with AOL (see Pearson Reports Strong Revenues At FT) continued to push stock, which rose 52p to £25.53.The news affected other media stock, particularly those with strong Net products. Carlton Communications was one of the best performers, with shares climbing… Continue reading Sharewatch
Last month WPP issued a warning to network television controllers about the cost of advertising, which, it said, is rising at an unprecedented rate. The global advertising group said that inflating prices on both sides of the Atlantic are causing clients to seek other media as the cost of advertising on network TV has risen… Continue reading Feature: Cost Of ITV Increases As Audiences Fragment Across Digital Media
The Advertising Standards Authority (ASA) has upheld a complaint from digital terrestrial broadcaster, ONdigital, in regard to a leaflet distributed by cable company, Cable & Wireless Communications (CWC). ONdigital said that the comparisons made between its platform and CWC’s own digital service were inaccurate and misleading.CWC’s leaflet contained a table which stated that CWC’s digital… Continue reading ASA Upholds Complaints Against CWC
Interactive television service Open has announced plans for expansion following a recent report citing the growth potential of TV commerce. The report, by market research company BMRB, said that people feel more comfortable purchasing through their TV sets than through computers (see TV Shopping Is Proving More Popular Than Online, Says BMRB).Expansion plans include increasing… Continue reading Open Announces Plans For Further Growth
