UK public relations and advertising firm Chime Communications has this morning announced the acquisition of LNS Communications in the US for £11 million. Chime will pay £6.9 million initial cash and a further sum of up to £4.1 million depending on LNS’ profits for the years ended 31 December 2001 and 2002. Chime’s businesses include… Continue reading Chime Communications Acquires LNS For £11m
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E-commerce is seen by many as the key to unlocking the full financial potential of the internet, including ad revenue. Its growth in the UK and Europe received a boost this week with two appointments. Firstly, the European E-commerce Association (EAA), an e-business consortium, named its chairman, Ian Williams. Williams is adviser to the board… Continue reading Appointments Brief
Recent figures from the Cinema Advertising Association (CAA) and CIA MediaLab show that, while cinema occupies only a small corner (around 1%) of annual media adspend, both spending and admissions for cinema have shown a healthy increase year on year for the last decade.Cinema is traditionally regarded by advertisers as a young person’s medium and… Continue reading Feature: Will Little Kids Be The Next Big Thing For Cinema Advertising?
Trinity Mirror’s Scottish title the Daily Record continues to command the largest share of advertising revenue among Scotland’s newspapers, with more than twice as much as its nearest rival, SMG’s Glasgow Herald. New figures from CIA MediaLab show that both of the top titles achieved year on year increases in revenue (Daily Record 1%, Glasgow… Continue reading Scotsman’s Efforts To Modernise Rewarded With Ad Revenue Increase
Granada Media received a positive rating from brokers Morgan Stanley Dean & Witter yesterday, ahead of the completion of its demerger from catering group Granada Compass (see Granada Rises On Positive Ratings). Shares were buoyed by this and ended the day’s trading up 10p at £3.85.A broker’s downgrade for BSkyB had the opposite effect on… Continue reading Sharewatch
Forrester Research has gone against the tide of ad revenue slump predictions by forecasting a 74% growth in European dotcom advertising during this year. Despite the month on month fall in online spending during December, the research company is expecting adspend in this sector to reach the equivalent of £750m this year, up from £437m… Continue reading Forrester Goes Against Adspend Gloom Predictions, Forecasts Growth For Dotcom Sector
The Mirror is to unveil a new Saturday package to attract new readers to the title. It will move the successful women’s supplement, M, from Tuesday to Saturday to join its TV listings guide The Look.Set to launch on February 10, the move will coincide with the arrival of the paper’s new astrologer, Jonathan Cainer.… Continue reading Mirror Unveils £10m Boost To Saturday Offering
Cable company Telewest Communications this morning issued fourth quarter operating statistics, ahead of its annual preliminary results due on 22 March 2001. The company added 37,557 residential customers in the last quarter of the year, taking the total to 1.7 million. The recently introduced high speed internet service – Blueyonder – has also met with… Continue reading Telewest Fourth Quarter Results Delivering On Target, Says Singer
Almost 50% of people are concerned about standards on television although only small numbers of programmes contain incidents ranked as “significant” by respondents. These are the findings of a new survey conducted by the Broadcasting Standards Commission.Only 5% of programmes were felt to contain a significant amount of violence; 4% had notable levels of “strong”… Continue reading TV Violence On The Increase, Says BSC Report
Stock in Granada Media rallied this morning following an upgrade from US broker Morgan Stanley Dean Witter. Granada Media will complete its demerger from the Granada Compass hospitality business this Friday.As a result its free float will increase from 20% to 100% and its FTSE weighting will increase from 0.08% to 0.39% following the demerger.… Continue reading Granada Rises On Positive Ratings
