UK television adspend will see modest growth this year, according to a new advertising forecast from ZenithOptimedia. Zenith says that TV adspend is set to grow by 0.5% this year, moving towards 2% growth in 2008. This follows a 5% year on year decline in 2006. Globally, Zenith predicts that the 2008 Olympic games will… Continue reading UK TV Adspend To See Modest Growth
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ACP-NatMag is launching a free TV listings magazine to be given away inside copies of its weekly titles Best and Real People.The new magazine, TV Week, will be introduced into a market currently dominated by What’s On TV, TV Choice and Radio Times.The combined circulation of Best and Real People was around 650,000 copies according… Continue reading ACP-NatMags Launches TV Listings Magazine
CBS Outdoor has retained the £40 million contract to manage the advertising on National Express buses in the UK for a further five years.Under the terms of the new contract with National Express, CBS Outdoor will continue to manage all advertising opportunities on the company’s bus fleet including Travel West Midlands, Travel Dundee and Travel… Continue reading CBS Outdoor Retains Multi-Million Pound National Express Contract
New figures from the Internet Advertising Bureau (IAB) show that UK internet advertising has recorded above-expectation 41.3% year on year growth in the first half of 2007.This takes the sector to a half-year high of £1,334.3 million – compared to £917.2 million a year ago – lifting online advertising’s market share to 14.7%.The results of… Continue reading UK Internet Advertising Records 41.3% Year On Year Growth
Sky’s acquisition of an almost 18% share in ITV is against the public interest and restricts competition, according to the Competition Commission.Murdoch’s company could be forced to sell its stake in the commeical broadcaster at a substantial loss, which must have come as welcome news to Sir Richard Branson’s Virgin, which has been involved in… Continue reading Sky Could Be Forced To Sell Stake In ITV At A ‘Substantial Loss’
The Competition Commission has provisionally found that BSkyB’s acquisition by of a 17.9% share in ITV “restricts competition and therefore operates against the public interest”. The ruling could see Sky forced to sell its stake in the broadcaster at a substantial loss. Sky bought the stake for £940 million in November 2006. Peter Freeman, chairman… Continue reading Sky Could Be Forced To Sell ITV Stake
Last week, SMG announced that its revenues were flat at £88.5 million, with the group understood to be postponing its plans to float its Virgin Radio business.SMG also announced that it appointed former Chrysalis radio chief executive Richard Huntingford as executive chairman of Virgin Radio (Full Story).Havas, the global advertising and communications services group, reported… Continue reading Media In The City: SMG Postpones Plans To Float Virgin Radio
Channel 4 is to celebrate its 25th birthday by giving viewers the chance to watch hours of their favourite shows.The hit programmes, including Father Ted and Brookside, will be aired each night on More4 from September 30 until the channel’s birthday weekend on November 2.Classic episodes of shows such as Brookside, Comic Strip, Queer As… Continue reading Channel 4 To Air Classic Shows For 25th Birthday
Trinity Mirror has announced that it will not be selling its regional news titles in the Midlands and South East, adding that it has agreed the sale of the Racing Post for £170 million. Trinity Mirror said that it had failed to secure high enough offers for its regional titles. In a statement released today,… Continue reading Trinity Mirror Abandons Regional Paper Sell-Off
Future has sold its French operations to WM7 for €18 million, as it continues its strategy of only investing in English language content. Of the €18 million, €13.2 million is payable in cash and up to €4.8 million is payable in 2010 dependent on the achievement of certain revenue targets by Future France. The group… Continue reading Future Sells French Business
