More Media Business articles

Kelvin MacKenzie has been appointed non-executive chairman of UK communications group, Media Square, taking up the position with immediate effect. Media Square expanded its operations last year, buying Huntsworth PLC’s marketing services for £55 million in November. Commenting on MacKenzie’s new position, Jeremy Middleton said: “Kelvin’s expertise in, and knowledge of, the media sector, plus… Continue reading MacKenzie Gets New Role At Media Square

Specialist magazine publisher, Future, expects a satisfactory outcome for the financial year as a whole, with trading in the first quarter, October to December, broadly on track. Commenting on the expected results, Roger Parry, chairman of Future said: “The current market conditions are challenging and we continue to take a cautious view on the near… Continue reading Future Reveals Q1 Trading On Track

Sir Martin Sorrell has announced that he is still interested in buying Aegis’s research division, Synovate and taking a small stake in the remaining media business. Speaking at the World Economic Forum in Davos, Switzerland, Sorrell told delegates of his plans, claiming that before a deal could be done, WPP would have to study Synovates’… Continue reading Sorrell Still Interested In Aegis

Highbury’s last remaining magazines were sold off yesterday, with Bournemouth-based Imagine Publishing snapping up 24 of the failed company’s computer and gaming titles. The magazines, including PC Home, Play and iCreate, were secured following a 2.7 million investment by Imagine’s venture capital backer Kleinwort Capital. Elsewhere, Highbury’s Front, Hotdog and DVD World, titles have been… Continue reading Highbury House Sell Off Continues

UK specialist print group, Wyndeham Press, has been awarded a printing contract by Emap worth over £3 million for the next three years, with the deal significantly expanding Wyndeham’s relationship with Emap. A total of 28 Emap magazines will be included in the contract, including monthly magazines, Today’s Golfer, Golf World, Health Plus, Your Horse,… Continue reading Wyndeman Wins £3 Million Emap Contract

Advertisers are missing out on a large percentage of the adult population, with a new study from Carat revealing the high spend potential of Britain “singletons.” The report breaks the group down into four definitive types: Social Butterflies, Achiever Beavers, Pippa Pans and Silvertons, claiming that few brands are maximising the spending power of singles… Continue reading Advertisers Fail To Target UK Single Market

Newspaper reports over the weekend have claimed the Guardian Media Group (GMG) is preparing to sell off its non-national newspaper titles, including the high profile Auto Trader series, in a move which could raise £1.7 billion. The sale would see GMG part company with Trader Media, its classified automotive division, as well as a possible… Continue reading GMG to Sell Auto Trader

Sir Victor Blank, chairman of Trinity Mirror has announced that he will be retiring from the Board at the company’s annual general meeting in May. The outgoing chairman took up the position at the Mirror Group in July 1998, overseeing the merger between Trinity and the Mirror in 1999. Commenting on his departure, Sly Bailey,… Continue reading Trinity Chairman To Step Down

Publishing group, Pearson, has acquired US professional testing business, Promissor, from Houghton Mifflin for £42 million, bringing with it educational contracts for the UK’s largest educational vocational awarding body, City and Guilds. Pearson will combine Promissor with its existing professional testing company, Pearson VUE, expecting the purchase to be earnings enhancing from 2007. Commenting on… Continue reading Pearson Buys US Testing Business

French entrepreneur and Havas chairman, Vincent Bollore, has continued to acquire shares in UK marketing firm, Aegis, purchasing a further 2.9 million shares pushing his stake in the company to 25.47%. Bollore has steadily been increasing his share in Aegis, fuelling industry speculation of a possible merger between the UK media company and Havas, of… Continue reading Bollore Pushes Aegis Stake To 25.47%