Cordiant was boosted yesterday following the report of its half-year financial results (Newsline). At close of trading the company’s share price stood at 176p, up 2p on the previous day.Telewest’s stock took a tumble yesterday amid rumours that investors are planning to offload stock. Yesterday’s closing share was 216˝p, down 8.75% on the previous day.Rumours… Continue reading Sharewatch
Paragon Publishing is set to launch a new beginner’s guide to the Internet on 9th September. Internet Made Easy is aimed at new computer users who are taking, or who about to take, their first steps into cyberspace. It will, claims Paragon, “set out to encourage novices to use their computer, access the Internet, and… Continue reading New Internet Title To Launch
Richard Holliday has resigned as managing director of Postar, the research system for the outdoor advertising industry. His decision to vacate his postion comes just three months after Chris Dickens, the former chairman, left the company to set up an outdoor business.POSTAR: 0171 298 8035
According to figures released by Zenith Media and Federation of Periodical Publishers (FIPP), expenditure within the magazine market is expected to continue increasing worldwide for 1999.In 1998 $38.2 billion was spent on advertising in magazines, a 5% increase on the amount spent in 1997, and Zenith expect there to a similar increase for 1999. Such… Continue reading Worldwide Magazine Expenditure Expected To Rise By 5%
The former editor of Adline, Tony Murray, is to launch a rival to the magazine called Marketeer. The magazine will be aimed at advertising agencies, marketing directors primarily outside the London area and will be based in the Manchester area. The intial print run of the magazine is thought to be around 20,000 copies. ITV… Continue reading Newsline Brief
National sales house Opus, who handle airtime sales for Classic FM, LNR and the GWR Group, has announced that it is setting a new structure to handle commercial radio sales for the digital age.The new structure was jointly created by Simon Ward, GWR Group commercial director and Opus managing director, Duncan George. Ward says: “These… Continue reading Opus Creates New Digital Division
The Telegraph Group is restructuring its senior ad sales team in a bid to exploit revenue opportunities offered by more strategic advertising.The resulting changes mean promotions for the following staff: Mark Payne will become deputy advertisement director, having previously been classified ad director; Chris White-Smith becomes display advertisement director, previously display ad manager for newspapers… Continue reading Telegraph Sales Appointments
The release of Cordiant Communication’s (the global creative communications group) interim financial results revealed an increase in pre-tax profits of 31.4%, up to £11.1 million. Earnings per share have risen to 2.7p from 1.9p (a 40.2% increase at constant exchange rates) and an increase of 8.9% in revenues was reported.Michael Bungey, chief executive of Cordiant,… Continue reading Cordiant Profits Up 31.4%
On the back of yesterday’s healthy interim results, Saatchi & Saatchi’s share price rose slightly. At close of trading yesterday the company’s share price was up 1˝p to finish the day at 216˝p.BSkyB’s share price continues to drop ahead of tomorrow’s financial results. The company’s share price finished the day at 575p, a drop of… Continue reading Sharewatch
Monday Saatchi & Saatchi releases interim financial results today.Tuesday Cordiant release interim results today .Wednesday BSkyB releases full year financial results, with the company expected to be in the red due to the huge investment in digital television.Friday Consumer magazine circulation figures for January-July 1999 are released by the Audit Bureau of Circulations (ABC). The… Continue reading The Week Ahead
