Global advertising network, Young & Rubicam (Y&R), has acquired UK creative agency Rainey Kelly Campbell Roalfe (RKCR) in a deal believed to be worth around £25 million. The merger will put the Rainey Kelly management team in control of the Y&R London division.The new agency, called Rainey Kelly Campbell Roalfe/Y&R, will move into the UK’s… Continue reading Young & Rubicam Acquires Rainey Kelly
The Guardian Unlimited network of websites has appointed three new editors. Paul MacInnes is promoted from writer to editor of Football Unlimited; Ros Taylor will edit Education Unlimited, the recently-launched online resource for parents and teaching professionals and Patrick Barkham moves from News Unlimited to edit Work Unlimited. Redwood Publishing has appointed Amanda Pitt as… Continue reading Appointments Brief
The UK’s second-largest cable company, Telewest Communications, last night finalised a deal with rival group NTL to take control of the Cable London cable franchises. The £428 million deal sees Telewest acquire NTL’s 50% stake in Cable London; Telewest already owns the other half of the company.NTL had set the conditions and price for the… Continue reading Telewest Takes Control Of Cable London In £428m Deal
British Sky Broadcasting has given its entire advertising account to St Luke’s as restructuring of the company takes place in the wake of the resignation of Ian West (see Restructure Planned At Sky As Ian West Departs). Sky Entertainment, the distribution division West headed, has been merged with Sky Networks, the programming divusion run by… Continue reading St Luke’s Handed £50m Creative Account Following Sky Restructure
Advertising and marketing group, WPP, has today announced the acquisition of French new media agency Mediaquest Sarl for an undisclosed sum. The Paris-based agency has handled the interactive campaigns for high-profile blue-chip clients including France Telecom and Lacoste.Under the deal, Mediaquest will be merged with WPP subsidiary OgilvyOne’s existing French new media operation, OgilvyInteractive. The… Continue reading WPP Acquires French New Media Agency
Shares in magazine publisher EMAP, which have fallen since circulation figures were released recently (see Sharewatch), today began to rise after a note was sent to the Independent at the weekend claiming that EMAP had received takeover approaches from other publishing groups. By 2:45pm today, EMAP stock was up 8p at 990p.An EMAP source claims… Continue reading EMAP Shares Rise Over Anonymous Rumours Of Takeover Approaches
If proof were needed that the internet will be the preferred business medium of the 21st century a recent report will confirm any doubts. Media agency Optimedia has published its research into the development of the internet and e-commerce in the UK and its estimates for growth in the sector go beyond all previous forecasts.Its… Continue reading Feature: Internet Set To Become Fastest Growing Media Ever In Terms Of Ad Revenue
Shares in software company Dialog took a tumble yesterday after its six month results showed a drop in pre-tax profits and an increase in debt. Prices fell over 13% to 74p.Media group Emap saw a 6p drop in stock amid news that anonymous notes have been circulating some national newspapers claiming that the company has… Continue reading Sharewatch
The Guardian Media Group has confirmed that it plans to launch a new morning newspaper in Manchester. Although still in its initial stages it is believed to be based on local models such as Trinity’s Daily Post & Echo in Liverpool which publishes a morning sister paper for its evening title.The group, which publishes the… Continue reading Guardian To Launch Manchester Morning Paper
The Daily Mail & General Trust has reaffirmed that its Associated New Media (ANM) division will focus its activities on the growing market for women on the internet. As part of this strategy ANM this week announced the sale of 60% of its Soccernet.com site to Buena Vista Internet Group, a division of the Disney… Continue reading Associated New Media To Concentrate On Websites For Women
