UK Labour Party leader Tony Blair has pledged to create an independent Food Standards Agency if Labour wins the next General Election (which must take place within the next seven weeks). Professor Philip James, a prominent critic of the food industry, has been asked to draw up a blueprint for the work the agency would… Continue reading UK: Labour To Create Food Agency
It is reported that Digital Terrestrial TV will not have a major impact on the cable industry. Media analysts Merrill Lynch reached this conclusion after carrying out extensive research on the industry. The analysts claim that now is an opportune time to buy cable shares due to the recent drops in prices and the prospect… Continue reading Digital Terrestrial Won’t Knock Cable Shares
News that EMAP’s managing director David Arculus is to leave the group to join United News & Media as its chief operating officer had an immediate effect on both company’s share prices. UNM rose 16.5 to 704p while EMAP lost 27p to 785.5p. Although UNM could not sustain the buoyed price, slipping 8p to 708p… Continue reading Sharewatch W/E 28/02/97
Marshall Advertising has realigned its media planning and buying into Ideal Media. Marshall’s media director, Jeff Taylor has joined Ideal as a director and partner.Ideal will now accommodate all Marshall’s full-service clients and, at the same time, pursue independent business.
Sold is a new business title that is targeting sales professionals from all industries. It is reported that the magazine will be sent free to 10,000 sales managers and directors. Sold will have a strong lifestyle and consumer feel.
Scottish Television has failed to include its £8 million investment, representing its 20% stake, in GMTV in its preliminary results. GMTV did not generate any profits in 1996, but STV revealed strong preliminary results for 1996 with a 40 % rise in pre-tax profits *STV Profits Rise 40%.Gary Hughes, financial director of STV claims that… Continue reading STV Writes Off GMTV Investment
The Media Business is reported to be looking to open an office in Scotland. The agency already has a number of Scotland-based clients on its books. Opening a branch on the other side of Hadrian’s Wall will help to increase the agency’s links with the Scots.
In an interview with Newsline, Bob Whooton, ISBA’s director of media services, welcomed the increased competition that Channel 5 will bring to the market place. Whooton feels that it is imperative that Channel 5 is given a chance: “There is a lot of misinformation flying about the industry, but Channel 5 has a very commercially… Continue reading ISBA Wishes Channel 5 Every Success
Details of ITV’s and Channel 4’s plans for their joint-venture digital multiplex are beginning to emerge *ITV And C4 Join Forces For Digital Launch.The two companies are reported to be working on a jointly produced TV channel that would be available on their multiplex. The two networks are also said to be considering forming an… Continue reading ITV And Channel 4 Announce Digital Plans
