More Media Business articles

Global marketing and communications group, WPP, has made three small but key acquisitions this week, helping to build its marketing services businesses. It has bought UK sales and marketing management company, Glendinning. The group helps clients such as Coca-Cola, Nestlé and Tesco develop sales development skills, customer marketing and management. WPP has also acquired icon,… Continue reading WPP Makes Three Acquisitions

German parliament has approved the use of electricity power lines and wall sockets for delivery of the internet to households, paving the way for a new platform of web access. The system works by converting data signals into frequencies that electricity networks can carry and proponents say that the system will offer lower prices and… Continue reading German May Receive Net Via Electricity Network

According to French newspaper La Tribune, media group Vivendi Universal is considering the acquisition of sports rights company ISL – itself close to bankruptcy. Vivendi is also close to merging its own sports rights division, Sport Plus, with Group Jean-Claude Darmon and RTL’s UFA Sport. However, this merger will not give Vivendi a huge international… Continue reading Vivendi May Buy Up Troubled Sports Rights Group, ISL

B2C sales in the nine leading product categories are expected to soar to $168 billion by 2005, up from $34 million last year, according to new research from Boston Consulting Group. Key sectors for growth include leisure travel, grocery and clothing categories and BCG maintain that traditional retailers, those with an established product and sales… Continue reading Positive Outlook For Retail eCommerce

Following a trading statement last week outlining plans to further cut its internet operations (see EMAP Trading Statement – Reaction), EMAP has now given details of a boost to its launch budget. The media group is to increase its new launch spend from £17 million to £22 million for the 2001/2 financial year. EMAP has… Continue reading EMAP Boosts Magazine Launch Budget

Radio First this morning said it will launch all four of its planned football club digital radio stations during the 2001/2002 football season. The group has secured £3.5 million of funding through a private placing and has signed a five year carriage deal with BSkyB for the digital stations (see Radio First Confirms 5-Year Deal… Continue reading Radio First To Launch Football Club Stations Next Season

Stock in Carlton Communications tumbled this morning after three brokers downgraded their earnings forecasts for the group. By late morning Carlton shares were down 27½p (6.6%) at 387½p. ABN Amro has reduced its full year profit before tax forecasts by 5.5% to £246 million. The downgrade is partly due to the timing of the sale… Continue reading Carlton Stock Free-Falls Following Trio Of Downgrades

Radio advertising revenue in the US fell by 6% in February when compared to the same month last year, according to new figures from the US Radio Advertising Bureau. In February 2000, revenues showed a 22% increase on 1999, mainly due to the dotcom marketing boom, which was in full swing at that point. Mirroring… Continue reading US Radio Revenues Down 6% In February

Scottish Radio Holdings this morning said that radio advertising levels will have fallen 4% year on year for the six months to 31 March, due to recent weaknesses in national ad revenue. However, it says that thanks mainly to acquisitions last year, group revenue will rise by 19% to £40 million. Excluding acquisitions there is… Continue reading Acquisitions Will Help Boost SRH Revenues

Publishing group EMAP yesterday announced that it would be cutting back its internet operations to the tune of £10 million, on top of a slash in digital investment announced earlier in the year (see EMAP Receives US Approaches, Cuts Digital Spend And Sees Year-End In Line With Expectations). The group also said that financial results… Continue reading EMAP Trading Statement – Reaction