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Total advertising spend for the UK is forecast to reach £12.25 billion in 2006, up 4.1% on 2005, according to new research from ZenithOptimedia reported in the trade press. This is lower than both the 6.1% growth predicted globally and the 4.4% growth forecast for Europe as a whole. When adjusted for inflation, UK growth… Continue reading UK Adspend Predicted To Rise 4.1% On 2005

Global ad expenditure will grow 6.1% in 2006, predicts new research from ZenithOptimedia. The forecast has been slightly upgraded since April (from 6.0% growth) after strong economic growth in the US and improvement in the Eurozone economies. In 2007, ad expenditure is forecast to grow by 5.2% and in 2008 it is forecast to grow… Continue reading Global Ad Expenditure Predicted To Grow 6.1% in 2006

BBC licence fee income has topped £3 billion for the first time, up £160 million year on year, according to the board of governors’ annual report. The report, which is for the 12 months to March 31 this year, is the board’s final annual report before it is replaced by the BBC Trust. The rise… Continue reading BBC Licence Fee Income Tops £3 Billion

Carat is implementing a unique client-team structure which will see six new flexible multi-disciplinary teams working on client portfolios. Carat says that the new teams will unite diversified service areas including data analysis and evaluation, direct, digital, consumer insight and sponsorship, as well as core services of communications planning and media buying. Steve Hobbs, former… Continue reading Carat Restructures With Multi-Disciplinary Teams

New recruits Simon Rees and Paul Monk will shortly join digital retail media agency, abc media, bringing decades of media experience to the group. Rees was formerly chief executive of global media company Mindshare, which is part of GroupM, the media parent company of WPP. The pair has been recruited to help steer the growth… Continue reading New Recruits Bolster Digital Retail Media Agency

Thanks to a surge in advertising in the last quarter, Avanti Screenmedia has been able to exceed its budget for the period by 10%. David Williams, Avanti chief executive, said of the advertising performance: “We believe that this is partly as a result of increased market acceptance of our medium, following sustained ground work by… Continue reading Avanti Screenmedia Exceeds Budget

NTL Telewest has completed its £962.4m takeover of Virgin Mobile, and says it will provide consumers with their first opportunity to buy a ‘quadruple-play’ of TV, internet and fixed and mobile telephony services from a single operator. The two companies will continue to operate as separate organisations until early 2007, when they will start marketing… Continue reading NTL Completes Acquisition Of Virgin Mobile

Orange may win the auction to buy AOL UK, the internet business owned by Time Warner, the US Media conglomerate, according to reports in the Sunday Telegraph. The paper says that the bid from the France Telecom owned company is motivated by fear of its rival, BSkyB, getting hold of it. Carphone Warehouse’s offer of… Continue reading Orange And BSkyB In Battle Over AOL UK

DC Thomson is about to increase its stake in UBC, the UK’s largest independent radio production company, according to reports in the Financial Times. The report says that with 13% the publisher, based in Redhill in Surrey, would become the largest outside investor in UBC. In March this year DC Thomson purchased Aberdeen Journals (giving… Continue reading DC Thomson To Increase Stake In UBC

Paul Davidson, chairman and chief executive of Newsquest Media Group, officially becomes president of the Newspaper Society tomorrow, succeeding Sir Nicholas Hewitt Bt, chairman and managing director of the Barnsley Chronicle. Davidson has been chairman of Newsquest Media Group since August 2003, and chief executive since August 2001. He began his newspaper career with Thomson… Continue reading Paul Davidson Appointed President Of The Newspaper Society