First quarter financial results released by News Corp yesterday show a weakening performance at News International (NI), the company’s UK newspaper publishing division. Operating profits at NI fell by 24% year on year for the quarter and whilst circulation increases post-11 September will boost revenues temporarily, this effect is likely to drop off over the… Continue reading News International Operating Profit Hit By Classifieds Downturn
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NTL has reported an increase in losses of 33% in its Q3 results, in line with targets for the year. Revenues were up 15% on Q2, reaching £132 million, whilst pre-tax losses grew to £713 million. The increase in losses is largely as a result of rising interest costs, NTL are struggling with a £70… Continue reading NTL Reports 33% Increase In Losses As Results Fall In Line With Forecasts
Global market research company, Taylor Nelson Sofres (TNS), is to acquire Theatrical Entertainment Services and its sister company RapidChek Reporting (together TES) – the largest US supplier of box office sales and cinema tracking services to the film industry and cinema operators. TNS will pay an initial cash sum of £25.9 million (US$36.8 million) for… Continue reading Taylor Nelson Sofres Acquires US Cinema Ad Tracking Group
Following months of wrangling and speculation, WPP has conceded its efforts to withdraw from the takeover of Tempus Group and is now prepared to go through with the £434 million deal. Yesterday, the Takeover Panel released a statement detailing its reasons for dismissing WPP’s appeal to withdraw the initial 555p-a-share offer (see Tempus Confirms WPP… Continue reading WPP Will Buy Tempus
As reported in the New York Times, the problem facing media executives currently is at what level ad rates should stand at for Q4 2001 and early 2002. The fourth quarter of the year is typically a key advertising period, but the economic slowdown, exacerbated by September’s terrorist attacks, has resulted in significantly diminished demand… Continue reading Slow Market Leads To Ad Concerns For 2002
The percentage of UK homes connected to the internet remained static at 39% during the three-month period ending in August 2001, according to the latest quarterly report from Oftel, released in November. The number of households with access to the web has been growing steadily since January 1999 and this is the first time that… Continue reading Internet Uptake Flattens In Quarter Three
Adverts which received complaints for being demeaning to either men or women have received different responses from the ASA this week.A poster for the sparkling wine Lambrini showed three women laughing. The headline read “I lost 14 stone of fat last night” and continued “So you dumped him then”. Complainants felt that the ad was… Continue reading ‘Demeaning’ Ads Get Differing ASA Verdicts
Tempus was the best performer in yesterday’s media market with shares climbing 4.78% to finish at £5.48˝. At the other end of the scale WPP saw shares dip 2.71% to close at £6.47 in what was the worst media performance of the day. News that WPP has finally agreed to honour its deal to buy… Continue reading Sharewatch
The Sunday broadsheets are distinctive from their commuter friendly weekday siblings due to their sections. Only the Sunday Business, which also has the lowest circulation of the group, offers less than six, while the biggest paper by circulation, the Sunday Times, also has the most sections with 12.The advantage to advertisers of these sections is… Continue reading Feature: Sunday Broadsheets
The number of UK homes connected to the internet remained static at 39% during the three-month period ending in August 2001, according to the latest quarterly report from Oftel.The amount of households with access to the web has been growing steadily since January 1999 and this is the first time that there has not been… Continue reading Internet Uptake Flattens In Quarter Three
