IPC Magazines has put together television advertising campaigns for two of its titles, What’s On TV and Now. What’s On TV, which comes from the group’s Tx stable, is to be promoted with a £2 million fully-integrated campaign taking television, press and point of sale advertising.The ads, created by Delaney Lund Knox Warren and booked… Continue reading IPC Pushes Mags With TV Promotions
Chris Evans’ Ginger Media Group, which includes Virgin Radio, has decided to go ahead with a full sale of the company to Scottish Media Group (SMG). The companies this morning confirmed the £225 million deal, which sees SMG beating off rival bids from Clear Channel Communications, French radio group NRJ and the Guardian Media Group.More… Continue reading Ginger Sells Up To Scottish Media
Shares in Scottish Media climbed yesterday as it confirmed a deal to buy Ginger Media Group for £225 million (see Ginger Sells Up To Scottish Media). Prices climbed 18p to £10.55p. Flextech, Scottish Media’s largest shareholder, fell at the news; stock was down 25p to £12.25pBSkyB also made gains, and was one of the best… Continue reading Sharewatch
The Bank of England has today voted to raise the official cost of borrowing from 5.5% to 5.75% – its third rate hike in five months. The decision takes base rates to their highest level since February of last year.
Men’s health magazine ZM is to close as a standalone title to become part of the new look Esquire brand. Terry Mansfield, the managing director of National Magazine Company, which owns both titles, described the change as part of a broader company decision to develop the group’s established titles into master brands.Mansfield said: “Having completed… Continue reading ZM Magazine Goes Under Esquire Brand
Three applicants emerged in the bid for the second London digital multiplex licence as the closing date passed yesterday. The Radio Authority announced that MXR London, Score Now and Switch Digital are the contenders in the race to hold the licence.CE Digital, a consortium formed by Capital Radio and EMAP, won the first digital licence… Continue reading Three Applicants Line Up For Second London Digital Radio Licence
The Office of Fair Trading has until 7 February to make a decision about Granada’s submission for consent to merge with either Carlton Communications or United News & Media. As the media group sought initial permission from the regulator before making a bid, the OFT has to make a decision within a given deadline.Granada submitted… Continue reading Deadline Given For Granada Bid Approval
The latest readership figures, released by the National Readership Survey (NRS) this week, show a continuing overall decline in the national newspapers’ readership numbers. The whole sector dropped back slightly by 1.1% or 748,000 readers year on year for the six months to November 1999.Bucking the trend as usual were the Daily Mail (up 9.1%)… Continue reading National Newspaper NRS Round-Up – November 1999
ITV’s coverage of the Euro 2000 football competition is to be sponsored by lager brand Carlsberg, the Network has announced. In a deal worth in excess of £5 million, Carlsberg will be the exclusive sponsor of all preview, live and highlights programmes throughout the competition.ITV said that Carlsberg’s football credentials and commercial proposals to exploit… Continue reading ITV Signs £5m Carlsberg Sponsorship For Euro 2000
Shares in Independent News & Media rose as the company, which owns the Independent, announced that Dr Tony O’Reilly is to become full-time executive chairman of the group. Prices rose 41˝p at the news to close at 451˝p. The group also announced plans to float iTouch International, the mobile information service company in which it… Continue reading Sharewatch
