The EC has adopted a communication noting that the United States has taken account of its concerns and criticisms over American plans for the management of names and addresses on Internet. The EC and the USA now agree that all pending decisions should be referred to the Internet Assigned Numbers Authority, due to be established… Continue reading EU: Internet names issue resolved
Phil Hinton, the editor of Rodale Press’ Men’s Health, is leaving the title to join IPC Magazines. A spokesperson for Rodale Press stated that Hinton is leaving as the opportunity has arisen to work on the launch of some new men’s titles with IPC.Hinton himself commented: “There is still plenty of scope for good titles… Continue reading Men’s Health Editor To Join IPC Magazines
Alongside the unveiling of half-year financial results yesterday (see Pearson Profits Remain Strong), Pearson chief executive, Marjorie Scardino, is also reported to have confirmed that the group is looking to dispose of its stake in satellite broadcaster BSkyB.Pearson holds only 3% of BSkyB, but it is expected that a sale may fetch over £220 million,… Continue reading Pearson Looks To Sell BSkyB Stake
The Greek TV toy ad ban remains at issue as the Commission continues its period of consultation on wider aspects of children’s advertising in connection with the Article 169 procedure initiated by European toy manufacturers. It is understood that Commissioner Monti wishes to return to the Commission with enough information and research data to be… Continue reading EU: Toy ads consultation continues
It is understood that the supermarket chain ASDA is involved in negotiations with cable companies Flextech and Cable & Wireless to launch its own home-shopping channel. Neither Flextech nor Cable & Wireless could give details of the prospective deal, but a spokesperson for ASDA did comment that plans were underway.This speculation accompanies an announcement made… Continue reading ASDA To Be Channelled Into Homes
Monday Pearson releases interim financial results today.Tuesday The relaunched NME site will be reviewed as this week’s Website Of The Week.Thursday Quarter 2 1998 RAJAR data is released. Telewest releases interim financial results.Friday MediaTel’s weekly media industry focus and analysis, mediawatch, will feature in The Times‘ media pages.
Media group Pearson today announced half-year pre-tax profits of £358.5 million for the six month period ended 30 June 1998. Pre-tax profits for the same period last year stood at £80.7 million. Sales were up from £957 million to £989 million.The group’s Financial Times division lifted its profits by 12% to £66.8 million, boosted by… Continue reading Pearson Profits Remain Strong
“Refreshment, renewal and reality,” promised ITV’s director of programmes, David Liddiment, as he unveiled the broadcaster’s Autumn programme schedule last week. “Could do more,” was the reaction of one ad agency TV buyer.The main concern for ITV is that the new schedule draws in enough viewers to meet the peak-time viewing share target of 38%… Continue reading ITV’s Viewing Share Challenge
The new media division of Ginger Media Group (GMG), Ginger Online, has registered all its websites with ABC //electronic, the independent audit organisation.Chris Evans’ Ginger Group already runs the website of its Virgin Radio station (http://www.virginradio.co.uk/). GMG is planning to launch websites for both its TFI Friday series and for GMG as a whole. John… Continue reading Ginger Plans New Websites And Registers With ABC
The latest report by Merrill Lynch on advertising groups points to positive and healthy growth.A strong set of interim results are predicted. A growth in headline pre-tax profit is anticipated, as is a growth in advertising worldwide.WPP’s interim results should show strong headline pre-tax profit growth of 19.3% to £93.4 million, as should Aegis which… Continue reading Advertising Industry Prospects Look Good, Says Merrill Lynch
