Cordiant was boosted yesterday following the report of its half-year financial results (Newsline). At close of trading the company’s share price stood at 176p, up 2p on the previous day.Telewest’s stock took a tumble yesterday amid rumours that investors are planning to offload stock. Yesterday’s closing share was 216˝p, down 8.75% on the previous day.Rumours… Continue reading Sharewatch
On the back of yesterday’s healthy interim results, Saatchi & Saatchi’s share price rose slightly. At close of trading yesterday the company’s share price was up 1˝p to finish the day at 216˝p.BSkyB’s share price continues to drop ahead of tomorrow’s financial results. The company’s share price finished the day at 575p, a drop of… Continue reading Sharewatch
According to figures released by Zenith Media and Federation of Periodical Publishers (FIPP), expenditure within the magazine market is expected to continue increasing worldwide for 1999.In 1998 $38.2 billion was spent on advertising in magazines, a 5% increase on the amount spent in 1997, and Zenith expect there to a similar increase for 1999. Such… Continue reading Worldwide Magazine Expenditure Expected To Rise By 5%
The former editor of Adline, Tony Murray, is to launch a rival to the magazine called Marketeer. The magazine will be aimed at advertising agencies, marketing directors primarily outside the London area and will be based in the Manchester area. The intial print run of the magazine is thought to be around 20,000 copies. ITV… Continue reading Newsline Brief
National sales house Opus, who handle airtime sales for Classic FM, LNR and the GWR Group, has announced that it is setting a new structure to handle commercial radio sales for the digital age.The new structure was jointly created by Simon Ward, GWR Group commercial director and Opus managing director, Duncan George. Ward says: “These… Continue reading Opus Creates New Digital Division
The Telegraph Group is restructuring its senior ad sales team in a bid to exploit revenue opportunities offered by more strategic advertising.The resulting changes mean promotions for the following staff: Mark Payne will become deputy advertisement director, having previously been classified ad director; Chris White-Smith becomes display advertisement director, previously display ad manager for newspapers… Continue reading Telegraph Sales Appointments
The release of Cordiant Communication’s (the global creative communications group) interim financial results revealed an increase in pre-tax profits of 31.4%, up to £11.1 million. Earnings per share have risen to 2.7p from 1.9p (a 40.2% increase at constant exchange rates) and an increase of 8.9% in revenues was reported.Michael Bungey, chief executive of Cordiant,… Continue reading Cordiant Profits Up 31.4%
A total of 16 new stations reported in June 1999 RAJAR figures. Of these new stations Trax FM recorded the highest Share of Listening (16.9%) and Weekly Reach (33%). Peak 107 FM had the highest Weekly Reach (‘000s) with 81,000 listeners.Subscribers can access the Radio database by selecting “Radio” from the drop-down box at the… Continue reading New Stations Reporting in June 1999 RAJAR
According to press reports, the proposed £24 digital licence outlined last week, may be ruled illegal by the European Commission. The BBC’s digital rivals are said to have taken advice about the legality of the increase, which would come into effect from next April.The final report of Gavyn Davies’ Funding Review Panel (see Digital Licence… Continue reading Broadcasters May Go To EC To Block Digital Licence
Interim financial results released today for Saatchi & Saatchi, for the six month period to June, show that the UK division of the global advertising and marketing agency has seen a rise in operating profit of 6.3%, from £3.2 million for the same period last year, to £3.4 million this time. It was announced that… Continue reading Saatchi & Saatchi Profits Up
