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Capital Radio and UBC Media Group have announced the formation of a joint venture to develop digital radio data services in the UK. Capital owns regional and local digital radio licences and UBC controls data capacity on the digital multiplexes owned by the MXR consortium. Under the terms of the new venture, Capital and UBC… Continue reading Capital Radio And UBC Team Up To Push Digital Radio Multimedia Content

French advertising group, Havas, has posted a 24.9% increase in revenues and net new billings worth E2.1 billion for the year ended December 2001. The final quarter of the year saw the group – the world’s fifth largest advertising network – pick up E600 million of new business, up from E400 million in Q3. New… Continue reading Havas Revenues Strong, Global Outlook Remains Cautious

Media stocks reacted positively to the full-year results posted by French advertising group Havas this morning, with WPP, Aegis and United Business Media (UBM) all showing strong gains. Havas posted a 24.9% rise in revenues for the year to December and despite a cautious outlook from chairman Alain de Pouzilhac, shares in WPP had rallied… Continue reading Media Shares Boosted By Havas Results

News Corp has reported post-tax profits down by 24.8% to $203 million, as the group’s Q2 financial results were released in New York yesterday evening. However, strong performances at the group’s film and cable businesses saw a pro forma revenue growth of 3%; cable network programming’s operating income rose by 36%, driven good subscriber growth.… Continue reading News Corp Profits Dip, UK Newspapers Show Weak Ad Levels

Natmags has had its wrists slapped by the ASA for promising its readers a Pirelli 2002 calendar but failing to deliver.The complaint received by the ASA related to an issue of Esquire magazine which was sealed in a clear plastic bag along with some supplements. The top of the bag stated “Free Pirelli 2002 Calendar”… Continue reading Esquire Slips Up With Pirelli Promotion

There was a clutch of falls among media company shares yesterday sparked by Reuters unexpectedly weak results (see Reuters Stock Falls As Profits Drop 34%). Reuters itself fell 40p or over 6% to £5.52, while WPP dropped 21p to £6.79 and Carlton ended down 3.15% at £2.00.The telecoms sector also suffered from shaky confidence, causing… Continue reading Sharewatch

Newspapers are losing their appeal in the age of “quick-fix” media, according to Jason Van-Haeften of youth marketing agency Blowfish 24, who says that 18-24 year-olds are more likely to log on to the internet to read the news than buy a paper.Evidence suggests that media consumption habits are changing, unsurprising given that the average… Continue reading Feature: News For The New Generation

The advertising industry is in recession because it suffers from the “double burden” of being “apparently immeasurable in its effect and increasingly unpopular”, according to Maurice Saatchi, writing in today’s Times.Saatchi argues that despite a “long stream of heroic attempts”, advertising has still yet to be transformed into a “natural science”. The industry has not… Continue reading Saatchi: Ads Seen As “Immeasurable And Unpopular”

The consumer magazine industry will be hoping for more than Valentine’s cards tomorrow, as the Audit Bureau of Circulation (ABC) releases circulation figures for the July-December 2001 period.In the last set of figures, the big stories were Emap’s Heat, once again posting the spectacular year on year rises that earned Mark Frith his Editor of… Continue reading Magazines Hoping For Happy Valentine From ABC

The Outdoor Advertising Association (OAA) has named Maiden Outdoor chief executive David Pugh as its first non-executive chairman, following the resignation of Matthew Carrington, who leaves in Spring. The OAA is seeking a replacement for Carrington as it plans to widen its role through more joint marketing activity Simon Lent has been appointed ITV sales… Continue reading Appointments Brief