Omnicom announced today that it has made an agreed offer of £143 million for GGT, a price which disappointed many in the City.Omnicom was able to buy the agency at such a knock-down price due to the fact that GGT’s share price had plummeted on last week’s news that it had lost Proctor & Gamble’s… Continue reading Omnicom Buys GGT For £143m
Wella will not be renewing its sponsorship deal with Channel 4’s Friends, it has emerged.Wella says that the previous £5m deal, which was the second biggest UK TV sponsorship after Cadbury’s £10m tie-up with Coronation Street, was very successful and achieved its aims. It is also rumoured however that the haircare company was unhappy with… Continue reading Wella Will Not Renew C4 Sponsorship
The European Commission has formally denied media reports that it intends to propose banning alcohol advertising in the EU. An EC spokesman said on 14 January: “There has never been any discussion or a proposal by the Commission aimed at prohibiting alcohol advertising and sponsorships. These reports are unfounded.” Meanwhile, the French government has acknowledged… Continue reading EU: Commission Denies Ban Extension
On 6 January the EP Environment Committee called for what it described as the current “profoundly muddled” state of EU food law to be made more transparent and user-friendly. In condemning the general confusion that exists in EU rules governing the use, labelling and advertising of genetically modified organisms (GMOs), MEPs want clear and new… Continue reading EU: MEPs Seek GMO Clarity
In Britain the new Food Standards Agency has been unveiled amid much criticism over who will fund its running costs, estimated as being at least £100 million a year. Much of that will be funded by levying charges on the food industry, including both wholesale and retail outlets. Critics have accused the FSA of representing… Continue reading UK: FSA Unveiled
The Direct Marketing Association (DMA) of the UK has given “a cautious welcome” to the new data protection bill, which is due to enter into force on 24 October 1998. The bill is intended to draw UK legislation into line with the new EU directive on Data Protection. One of the biggest complaints of the… Continue reading UK: DMA Welcomes Bill
SN Wales, part of Southern Newspapers’ Welsh and Western Region, has announced several changes in its management structure, with three editors becoming publishers of their respective titles.Gerry Keighley becomes publisher of the South Wales Argus and News & Weekly Argus, David Evans has been a appointed publisher of the Eastern Telegraph and Cardigan and Tivy-Side… Continue reading Southern Newspapers Editors Become Publisher
The Confederation of European Paper Industries is organising an ad hoc meeting to consider the possibility of adopting a European Environmental Agreement on the use of graphic paper by the industries involved at all stages of the European paper chain. The project comes in the wake of the EC Communication of last year advising the… Continue reading EU: Paper Chain Responsibilities
The Radio Advertising Bureau has launched its second Insight publication, which covers listening in the workplace.The booklet, which uses analysis of RAJAR alongside original research, looks in detail at listening in the workplace, which accounts for a a sixth of all listening hours. It draws attention to the fact that more than ten and a… Continue reading RAB Launches Second Insight Publication
The Advertising Association is organizing a meeting on 10 February between representatives of trade groups in the advertising and media sectors and the EC and UK government officials, in order to consider the current attitudes and future plans of the EC for car advertising. EC officials have suggested that various car advertisements in the UK… Continue reading UK: Meeting On Car Advertising
