The slow economic recovery among Britain’s agencies could grind to a halt altogether. This warning comes from accountancy firm, Willott Kingston Smith.According to the report, agency profits have shown modest increases, but this is as a result of tight controls on operating costs rather than billing increases. Agencies are also losing business to direct marketing… Continue reading Report Questions Marketing Sector Growth
United News & Media is reported to be reconsidering the sale of the Yellow Advertiser and Informer groups of southern-based free weeklies.The expected bidders, thought to include Southnews, Trinity and Southern Publishing have now dropped out of the auction. United was rumoured to be looking for around £40 million for the sale, now the papers… Continue reading Free-Weeklies Sale On Hold
According to Media Week, Channel 5 is offering major advertisers as much as 20% off of ITV prices for most audiences on a 10% share deal. It is also reported that it has signed a deal with TMD Carat.C5 has apparently estimated its audience figures for its first year and is predicting an 11% share… Continue reading C5 Offering 20% Discount Deals
Chris Evans yesterday announced that he would be leaving BBC Radio 1’s Breakfast Show at the end of March. His decision follows various wranglings with the station’s controller Matthew Bannister, though the catalyst seems to have been the fact that his request to have every Friday off was refused. In the past he has failed… Continue reading Evans Leaves Radio 1
Emap Computing, a branch of Emap magazines, has joined forces with New York-based CMP Media Inc to launch Information Week.Information Week will be a fortnightly, information technology, news magazine. Launching in March, it is to be based on CMP’s successful US title of the same name. It will be targeted at IT decision makers whose… Continue reading Emap Looks Stateside
According to the trade press, Centaur Communications, the publishers of Money Marketing and Marketing Week, is to go to the stock market for a full listing in the Autumn. Centaur have an estimated market price of £150 million. Floatation will give the company funds to continue its proposed programme of magazine launches and moves into… Continue reading Centaur To Go Public
News International has declared a price war in Scotland by selling the Monday edition of the Sun for just 10p. This once weekly price drop of 12 pence is to continue for an indefinite period. Not to be outdone The Mirror cut its price on Monday and is threatening further price cuts.Meanwhile, the Daily Mail… Continue reading Paper Price War In Scotland
XFM, the indie rock station which has won the new FM licence for London, is set to Launch on 1 September. Its backers include CLT (owners of Atlantic 252 and London’s Country FM), which has a 20% stake, The Cure’s Robert Smith and Harvey Goldsmith, the concert promoter. The station told Newsline however that details… Continue reading Xfm To Launch In September
XFM , the specialist alternative rock music station aimed at 15-34 year olds has been named as the winner of the new FM licence for Greater London. It was widely tipped to be the preferred bidder and beat 24 other applicants.XFM: 0171 580 7577
The Radio Authority will announce the winning bid for the last London FM licence today at 5pm and three consortiums are widely tipped to be among the front-runners. They are XFM, The Edge and Festival Radio.XFM , the specialist alternative rock music station aimed at 15-34 year olds, is tipped by the industry to have… Continue reading London Licence Winner Announced Today
