On 7 May the Committee of Advertising Practice (CAP) appeared before the Committee on Standards in Public Life (the Neill Committee) to emphasise the importance of the self-regulatory nature of the advertising and marketing communications industries. Speaking on behalf of the CAP were Andrew Brown, director-general of the Advertising Association; and David Clayton-Smith, CAP chairman.… Continue reading UK: Neill Committee presentation
The MEP Erika Mann (D, EPP), reporting for the Economic Committee on a Commission study on the electronic communications and teleshopping industry, will this week call on the EP to adopt measures allowing electronic trade to be regulated at an international level, through the World Trade Organisation, and for the Commission to investigate whether it… Continue reading EU: Teleshopping and electronics
TMD Carat will be dropping the ‘TMD’ from its name next month. The change is aimed at rebranding the business as an international ad agency and will become effective from June 1.As part of the move TMD Carat Manchester becomes Carat Manchester, TMD Direct becomes Carat Direct and Carat UK becomes Carat Group UK. Most… Continue reading TMD Carat Changes Name
Cable & Wireless today demonstrated the benefits of consolidation within the cable industry when it posted pre-tax profits of £151 million for the year ended 31 March 1998, up 110% year on year. Total revenue increased by 12% to £2.283 billion.Referring to the merger (see Cable Companies Merge) between Cable & Wireless, Nynex Cablecomms, Mercury… Continue reading Pre-Tax Profits Rise 110% At C&W
John Mulholland, currently media editor of the Guardian, has been appointed editor of the Sporting Life , the Mirror Group has announced.The 139-year old title, which publishes its final edition as a racing paper tomorrow, will be redesigned and relaunched as an all-sports daily, reappearing at the beginning of October. Its horse racing identity is… Continue reading New Editor For Sporting Life
Advertising revenue for commercial radio in quarter 1 1998 reached £88.811 million, up 14.8% year on year, according to the Radio Advertising Bureau. Of this figure, local revenue came in at £37.089m while national reached £51.722m.Advertisers using radio for the first time in Q1 included Marmite and certain divisions of BT.Newsline reports on Q1 RAJAR… Continue reading Q1 Radio Revenue Reaches £88.811m
NRS has announced that the release date for Quarter 1 1998 on-line data has been postponed until Wednesday 13 May. This is in order for the data bureaux to “thoroughly check the data.”NRS apologises for any inconvenience this may cause.NRS: 0171 379 0344
Cordiant Communications Group has appointed Stuart Howard as deputy finance director and treasurer. The post became effective at the beginning of the month.Howard was previously international treasurer at WPP.Cordiant Communications: 0171 262 4343
British Digital Broadcasting has announced that it is on track to launch in the last quarter of this year. It expects to break even at just under 2 million subscribers and will make profits of more than £100m with 3 million subscribers. Profits will rise to over £250m with 5 million subscribers.Michael Green, chairman of… Continue reading BDB On Target For Launch
Monday Cable & Wireless Communications releases final year financial results.Tuesday A Newsline interview with Richard Park, director of programming at Capital Radio, will be available. We will be looking at his thoughts on the acquisition of Xfm plus the performance of Capital’s London stations in the last set of RAJAR figures.The last issue of Sporting… Continue reading The Week Ahead
