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Cable magnate John Malone has become the second largest voting shareholder in News Corporation after Rupert Murdoch after acquiring a $1.82 billion stake in the media giant. Malone now owns 9% of the voting stock through his corporate vehicle, Liberty Media. Murdoch retains a 30% stake in News Corp. The surprise deal has prompted media… Continue reading Liberty Increases News Corp Stake

Marketing spend is expected to increase by around 3% this year, but the economic recovery will not be as swift as first thought, according to new research from the Chartered Institute of Marketing The new survey supports a recent report from the Institute of Practitioners in Advertising, which suggests that a rising tide of corporate… Continue reading Marketing Spend Expected To Grow By 3% During 2004

The US Securities and Exchange Commission is unlikely to take steps to block the proposed acquisition of Hollinger Inc by the Barclay brothers (see Barclay Brothers Agree Telegraph Takeover Deal), according to reports today. Hollinger is currently under investigation for unauthorised payments made to senior executives, including erstwhile chief executive and non-executive chairman, Conrad Black… Continue reading SEC Has Few Qualms About Hollinger Takeover

The IPA‘s latest Bellwether report has added weight to the belief that advertising and marketing conditions are picking up. The outlook for expenditure growth is at its most optimistic since 2000. The Q4 survey shows the majority of existing budgets to have remained relatively unchanged in the past three months. However, the proportion of marketers… Continue reading INSIGHTanalysis: UK Marketing Spend On The Rise

The Wireless Group (TWG) has increased its interest in DRG, owner of the London III digital multiplex licence, it was announced today. The radio company has concluded an agreement with the administrators of Clubmend Ltd to acquire its 6% stake in DRG. The acquisition is subject to the exercise of pre-emption rights by the shareholders… Continue reading Wireless Group Invests Further In Digital Radio Market

The outlook finally appears to be improving for UK advertisers and new research reveals a rising tide of corporate optimism that could see adspend climb to levels not seen since the dotcom boom. The IPA’s latest quarterly Bellwether report shows that the improving economic conditions have prompted more than half of all companies to increase… Continue reading Bellwether Reveals Increasing Optimism For Advertisers

Online retail spend shot up by over 70% in the UK in December as a growing proportion of consumers eschewed the busy high street in favour of internet stores for their Christmas shopping. The Interactive Media in Retail Group claims that online sales totalled £1.324 billion last month, with electrical consumer goods and alcohol among… Continue reading Festive Boost For Online Retailers

Hollinger International has called an emergency board meeting to discuss whether to block a £260 million bid by the reclusive Barclay brothers to acquire The Daily and Sunday Telegraph. It is understood that the board could meet as early as today to discuss the impact of the deal after shareholders to express their outrage at… Continue reading Dispute Grows As Barclay Brothers Move On Telegraph Titles

December saw a marked increase in activity at leading agencies as the account pipeline remained strong. There were a number of significant wins for Publicis which clinched the Lehman Brothers 2003 New Business Title. Following a strong November (see Strong Agency Account Activity In November), there was a 40% year on year increase in account… Continue reading Publicis Tops 2003 New Business League

Centaur Communications is to be sold and floated on the Alternative Investment Market, it has been confirmed. Numis, the UK investment bank and stockbroker is to buy the publisher and conference organiser and immediately sell it on the AIM, a process known as an accelerated initial public offering. The deal, which is said to be… Continue reading Numis To Orchestrate Centaur Flotation