According to press reports, Dennis Publishing has launched a bid for for the magazine company, I Feel Good as it seeks to extend its portfolio of titles in the UK. IFG announced last week that it had received a bid for its assets, which include adult comic Viz and lads mag Jack. The Sunday Times… Continue reading Dennis Linked With Move For IFG
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Global advertising and marketing group, Havas, is expected to report first quarter revenues down by 13.3% in a statement that will focus on continued weakness in Europe and marketing services, with an uncertain outlook for 2003. This is according to analysts at Morgan Stanley. The broker has reduced its full-year 2003 revenue growth from -4.5%… Continue reading Morgan Stanley Sees Sense In Havas’ Marketing Services Slant
The merger of Carlton Communications and Granada into a single ITV group is unlikely to receive regulatory approval with a combined sales house, according to Lehman Brothers. After analysing the OFT’s submission to the DTI, the broker believes that the two companies will struggle to get their merger plans passed without any conciliatory adjustments. In… Continue reading ITV Merger Unlikely With Combined Sales House, Says Lehman Brothers
Shares in regional newspaper publisher, Johnston Press, were down by 4.5p at 361.5p by 10.00am today, after Merrill Lynch analysts downgraded the group from Buy to Neutral. Worries that consumer spending patterns are about to take a dive underlie the broker’s downgrade (see Neil Blackley Sees ‘Dire’ Decline In Media Industry). Johnston Press derives around… Continue reading Consumer Dip May Put Squeeze On Johnston Press, Say Analysts
The downturn in advertising spend in the US has reached its bottom and is now recovering, Jack Myers quotes JPMorgan analyst Spencer Wang as saying this week. In the Jack Myers Report, Wang is said to be relatively cautious in the short-term, but believes that the long-term fundamentals for media companies remain intact. Looking at… Continue reading US Ad Market Is Recovering, Says Analyst
Over 70% of the UK’s SME ecommerce websites are profitable, according to a new report from the software developer, Actinic. The 2003 SME Ecommerce Market Report found that the rate of adoption of ecommerce among small and medium businesses has fallen from 26% to 21%. However, 71% of websites are profitable and 53% of companies… Continue reading Study Assesses SMEs’ Attitude To Ecommerce
Europe remains the most expensive region in the world for DSL, according to new research from Point Topic. The company based its analysis on average residential tariffs from some of the largest operators in March 2003 and compared this data with similar research carried out in previous years. The study centres on “first year cost”,… Continue reading European Consumers Get A Raw Deal On DSL, Says Report
The Wireless Group was seen in focus yesterday after reporting a 74.8% reduction in operating losses. However, the news failed to ignite the market which remains concerned that the war in Iraq has reduced visibility in the radio market and the stock was seen down 0.84%.The Carlton and Granada merger saga continued to rattle the… Continue reading Sharewatch: Wireless Group Falls On Mixed Results
Hachette Filipacchi UK has announced that Vicki Harper has been appointed deputy editor of women’s lifestyle magazine, Red.Harper will replace assistant editor, Andrea Childs, who had been covering the position of deputy editor since the departure of Hero Brown in August 2002.Harper, has been features editor at Red for a year. She began her career… Continue reading Hachette Filipacchi Announces Editorial Shake-Up At Red
Return On Investment (ROI) has become something of a buzzword in recent times. However, Charlie Makin, Chief Operating Officer at BLM Group, argues that its increasing popularity is more to do with media agencies seeking to move up the food chain than about a genuine desire to provide greater accountability to clients.In the last month,… Continue reading NewsLine Column: ROI: Another Buzzword Bandwagon?
