WPP Group has introduced a stock option programme for all its people around the world with the first grants being made this month. WPP plans to make annual grants of fair market value stock options to all full-time people in the Group with two years service who work in wholly-owned operating companies. This will enable… Continue reading WPP Announces Share Option
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A report, commissioned by the Radio Advertising Bureau, has found that the top twenty agencies more than doubled their radio expenditure over the last four years and that radio billings now outstrip revenue growth.For the fourth consecutive year commercial radio’s share of advertising revenue has risen. In 1993 commercial radio revenue stood at £178 million… Continue reading Radio Billings Outstrip Revenue
Virgin Cinemas has just announced record results for the year ending December 1996. The cinema chain’s net operating profits have increased by over 90% in its first full year of trading under Virgin’s ownership; they rose from £7 million in 1995 to £13.5 million in 1996. This rise has been solely generated from the 26… Continue reading Virgin Plans To Multiply
IPC Magazines’ SouthBank Group has appointed Stacey Paul as group head marketing; she will be responsible for the fashion, teenage, parenting, hair and bridal titles. Paul joins IPC from the Publishing Company where she was group sales director.In another SouthBank move, Chrissie Ferber, currently marketing and promotions manager at Mizz, 19 and Hair magazine has… Continue reading New Recruit At IPC
The election campaigning is beginning in earnest this week. Newsline is covering the leaders broadcast debate controversy and will be reporting on the story as it unfolds. ITN announces its election schedule on Tuesday, Newsline will run a full report. Lookout for the web review special, Newsline will be looking at all the main General… Continue reading The Week Ahead
AMRA Ltd has appointed two new staff to work in its display and classified divisions and to support its drive for increased advertising revenue for the regional press. Ian Page, currently a recruitment agency executive with The Daily Telegraph, joins the company on April 1 as its classified manager. Matthew Swift, previously advertisement manager at… Continue reading AMRA Expands
It was a good week for Abbott Mead Vickers. The advertising group put on 25.5p to reach 771.5p on Thursday after it announced strong profit and revenue growth for 1996. So far AMV’s shares have put in a good performance this year, bolstered by winning Campaign‘s Agency of the Year awards in January and topping… Continue reading Sharewatch – W/E 21/03/97
Revenue According to agency estimates, total TV revenue for February reached £159.81m, up 4% on the previous year. Of this, ITV came in at £121.81m, up 3.46%, and Channel 4 brought in £38m, up almost 6% year on year. This puts the ITV/C4 ratio at 76:24.Carlton boosted its revenue by almost 2% points year on… Continue reading TV Round-Up – February
MTV is going to broadcast its first ever travel programme, MTV’s World Tour on 14 April 1997. Debuting with six, half-hour episodes this globetrotting weekly series aims to reinvent the classic travel show format, with each episode designed to reflect the genuine and uncensored travel experiences and aspirations of young people.This is the first programme… Continue reading Go On Tour With MTV
Cable & Wireless Communications plc has announced the formal terms of the Offers to be made for Bell Cablemedia plc and NYNEX CableComms. The terms of the Offers are as follows:Each BCM ordinary share will be equivalent to 0.69389 CWC ordinary shares.Each NYNEX CableComms UK ordinary share will be equivalent to 0.330714 CWC shares.The Offers… Continue reading C&W Formalise Deal
