Consumer spending is set to fall sharply in 1998 as confidence drops, predicts a new report published by the Chartered Institute of Marketing.The Quarterly State of the Market Report is forecasting a “growth recession” where the economy slows down to below the trend rate of growth but does not come to a standstill. The CIM… Continue reading Economy Set To Slow, Warns CIM
The Radio Advertising Bureau will be holding its fourth Advertiser Conference on March 3 at the Brewery, Chiswell St, London EC1. The aim of the event is to help further understanding about the role commercial radio can play in advertising solutions.To book a place call Kate at the RAB: 0171 306 2550
The November Retail Prices Index was announced this morning as 159.6, an increase of 0.1% on the previous month and a rise of 3.7% on November 1996.Subscribers can access RPI trends by selecting “Encyclomedia” from the drop-down box at the top of this page.
Richard Branson decided last night to accept Chris Evans’ £85m takeover bid for the Virgin Radio group (subscribers see Evans’ Virgin Bid Confirmed) , snubbing Capital Radio which had offered £87m.The deal gives Evans a 55% stake in the newly formed Ginger Media Group, with the rest being split between Richard Branson and venture capital… Continue reading Evans Snatches Virgin From Capital
The latest BARB figures for broadband cable households show that 5.2 million tune into the cable music channel The Box for at least three minutes each week.This figure is more than for MTV, VH-1, Sky 1, BBC2, Channel 4 and Channel 5. The latter managed 4.5 million and 2.9 million respectively.In terms of viewing share… Continue reading Cable Viewers Flock To The Box
The IPA has elected seven companies into its membership. They are:CIA Medianetwork UK Crammond Dickens Lerner & Partners Ltd Denton Design & Marketing Ltd IDK Media Mortimer Whittaker O’Sullivan Advertising Ltd The Negotiation Centre Teamworks AdvertisingThis brings the total number of agencies in IPA membership to 213, and the number of media specialists in full… Continue reading Changes At The IPA
Newsline will be interviewing Martin Dunn, editor of Associated New Media, which has just launched thisislondon.com. The interview will appear later this week.The only media-related financial results scheduled this week are final year figures from Daily Mail & General Trust, which are out on Thursday. Website of the Week will be the WPP site and… Continue reading The Week Ahead
Capital Radio’s plans to take over Virgin Radio will have to wait a little longer after the Monopolies and Mergers Commission passed its confidential decision to the Department of Trade and Industry on Friday.The MMC had to consider the deal’s implications in terms of ownership and announcement of the decision now sits with the DTI… Continue reading Capital/Virgin Takeover Sits With DTI
The Independent Television Commission has announced the licence fee tariffs payable by its licensees in 1998. The Commission has set the total income required to meet its regulatory expenditure (the cost of licensing and regulating commercial television) at £16.65m. This represents an average increase of 6% and is the first time an increase above the… Continue reading ITC Announces 1998 Licence Fees
Dennis Publishing and Ministry of Sound dance club have teamed up to produce a magazine which is “intended to fill a gap in the lifestyle market” in the form of a ‘credible youth title’. The result is Ministry, a magazine which is dedicated to the world of clubbing and its many off-shoots. Whilst Ministry‘s focus… Continue reading First Issue Review – Ministry
