Global advertising agency Abbott Mead Vickers (AMV) has released its preliminary annual results today for the year ended 31 December 1997; the results show a 19% increase in pre-tax profits at the group to £17.28 million.AMV’s turnover was up from £358.40 million in 1996 to £431.32 million this time – a rise of 20%. Operating… Continue reading AMV Pre-Tax Profit Up 19%
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In France, a proposed new media law has been put on hold at the last minute. Due for debate in Parliament in April, the government has said its legislative agenda is now so full that it has no time to introduce the draft law into Parliament until much later in the year. The draft law… Continue reading FR: Media law on hold
The Guardian will be launching a revamped Saturday package on April 25 which will see the launch of a new supplement and the expansion of other sections.The Saturday edition of the newspaper will boast a new colour tabloid magazine called Travel while its sport coverage becomes a stand-alone section with increased features and more fixtures.… Continue reading Guardian Makes Changes To Saturday Package
The Department of Trade and Industry (DTI) has said that it will not act on Liberal Democrat leader Paddy Ashdown’s request that The Times newspaper be investigated by the Monopolies and Mergers Commission (MMC) (subscribers see Ashdown Asks For Inquiry Into Times Ownership).Ashdown was concerned that the ownership of The Times by Rupert Murdoch was… Continue reading Calls For MMC Investigation Of The Times Rejected By DTI
The European Parliament has adopted a Common Position aimed at strengthening consumer rights in cross-border trade, thus opening the possibility of legal action against suppliers in cross-border purchasing, advertising and trade disputes. The Common Position – due to be agreed by EU ministers in the coming months – means that the losing party in any… Continue reading EU: Common Position adopted
There has been yet another procedural delay in the processing of the complaint to the Commission about the Greek toy ad ban. Following the abortive 12 March meeting to consider the infringements actions, the British Toy and Hobby Association has written to Lord Simon, the UK minister for trade and competitiveness in Europe. The letter… Continue reading EU: Foot-dragging over Greek case
The European Parliament’s Environment Committee has voted in favour of a new scheme to revive the ailing eco-label system in the EU. The current system, which awards a Euro-flower logo to so-called “green” products designed to reduce environmental damage, was launched in 1992 but has struggled to achieve public recognition across Europe.
Chris Evans’ media group Ginger Media has teamed up with GWR Group to create Digital One, a digital consortium which will bid for the only national commercial digital radio licence advertised by the Radio Authority today (see earlier Radio Authority Advertises National Digital Licence story).Quentin Howard, head of GWR’s Digital Division, will become Digital One’s… Continue reading GWR And Ginger Create Digital Consortium
Lesbian lifestyle title Diva has decided to change its frequency from bi-monthly to monthly from April onwards.The magazine’s publishers, Millivres, claim that from an initial print-run of 8,000 Diva‘s circulation has risen to over 30,000, with rapid expansion overseas and a ‘healthy’ increase in ad revenue.The title will also get a facelift along with new… Continue reading Diva Goes Monthly
The Radio Authority today placed an ad in the FT for the first and only national commercial digital radio multiplex.The licence is granted for a period of twelve years and some of its capacity is reserved for broadcasting the three existing national commercial stations. Remaining capacity may accommodate a range of new national services, the… Continue reading Radio Authority Advertises National Digital Licence
