WPP has agreed to buy Cockpit Holdings Ltd. and its subsidiary Buchanan for an initial cash outlay of £4m. A further payment of anything up to £11m will be payed, the exact figure depending on the Buchanan’s profits over the next five years. This additional cost consideration will be satisfied 50 per cent in WPP… Continue reading WPP Buy Buchanan And Create Mindshare
Cordiant, which will next week hold an Extraordinary General Meeting to finalise the demerger plans it announced in April (subscribers see Cordiant Announces Demerger), expects that Saatchi & Saatchi will be able to increase its proportion of global business while Bates will concentrate on its strengths in local markets.In an interview in the FT Michael… Continue reading Cordiant Sets Out Demerger Plans
FutureNet, the Website run by Pearson New Entertainment, has its latest audit figure from the Audit Bureau of Circulations officially put at 1,600,986 page impressions for August. FutureNet is one of the few Websites currently audited by this relatively new method (subscribers see Internet Audits Approved). This figure represents a growth rate of 50 per… Continue reading FutureNet Announces Second Audit Figure
Southern Newspapers today saw pre-tax profits drop 23% to £14.1 million in the year to 28 June after a £3.4 million redundancy and restructuring charge. Despite this, circulation revenue at the regional press publisher grew 2%.Southern Newspapers: 01703 424777
Promise is a magazine aiming to help parents deal with the multitude of traumas and trials which the development of their children will throw at them. It is targeted at ABC1 women aged 25-45 who have children. As the first editor’s letter makes clear, “We can’t – and won’t preach; after all we’ve made as… Continue reading First Issue Review – Promise
The ITC will use citizens’ juries to discover what viewers find offensive on television. Two juries will be used in the research neither of which will be open to the press. The purpose of this research is to ensure that the ITC accurately reflects public opinion in its policies and codes. This is the first… Continue reading ITC Uses Citizens’ Juries For Research
Last weekend’s Independent On Sunday followed the Independent and launched a new look along with two new sections – only 8 months after its last overhaul.As well as changing its masthead, font and general style along the lines of its sister title, the Independent On Sunday now has “Section 2”, containing the critics, comment and… Continue reading Independent On Sunday Follows Daily’s Changes
The BBC Online department will launch a 24-hour news service on its Internet site next month. A BBC spokeswoman said that it is the BBC’s aim to provide continuous news in response to research which confirms that this is what people want. It is reported that the Corporation is putting £10m a year into a… Continue reading BBC Plans To Launch 24-Hour Internet News
Future Publishing, which is part of the international Pearson Plc media group, has appointed James Pembroke as publisher in the Entertainment division. He will be responsible for SFX, the science fiction magazine and the recently launched cult tv title.Pembroke joins Future from The Oldie where he was business manager for the last five years. He… Continue reading New Publisher For Future’s Entertainment Division
Carlton Communications Plc and the film finance and distribution company, Intermedia, have agreed to establish a joint development fund for British films. Carlton Film Distributors is also to merge its international sales operation with Village Intermedia Pictures, a distribution business jointly owned by Intermedia and Australian Village Roadshow.This will further augment Carlton’s film archive after… Continue reading Carlton In Film Partnership With Intermedia
