Former United Business Media chief executive, Lord Hollick is taking a high profile position at US private equity group Kohlberg Kravis Roberts (KKR), with the aim to put the US company on the map in British and European media. In his new role as managing director of KKR, the labour peer has highlighted the idea… Continue reading Hollick Talks Takeovers In New Role At KKR
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Market information company Taylor Nelson Sofres (TNS) has issued a positive trading statement ahead of its full year announcement on 7 March. The statement outlined the company’s expectation to show underlying revenue growth, in line with the current market, of 3-4%. Overall, the company’s European operations achieved revenue growth in line with previous expectations, with… Continue reading Taylor Nelson Sofres Optimistic For 2005
US online advertising expenditure is set to increase by as much as 30% in 2005, signalling a strong performance for online advertising for the coming year, according to a recent survey by Deutsche Bank and MediaPost. This confirms media commentary group, Jack Myers prediction last month, that online would play a major role in advertising… Continue reading US Online Adspend To Increase By 30% In 2005
Online shopping hit record numbers over Christmas 2004, with online retailers experiencing a 23% increase in internet traffic from December 2003, according to a report from web monitoring firm Hitwise. Data from Hitwise showed that online shopping performed well in the period between August and December 2004, with market share of all UK internet traffic… Continue reading UK Online Shopping Hit Record Numbers Over Christmas 2004
Newspaper publishers Daily Mail & General Trust dropped in share price yesterday, losing 2.24% to close at 726p. The dip came as London Mayor Ken Livingston announced plans to end the publishers’ exclusive deal for distributing the Metro newspaper on the Underground (see Livingstone Opens Tube To Afternoon Freesheet).Kevin MacKenzie’s Wireless Group saw a strong… Continue reading Sharewatch: DMGT Dips As Metro Distribution Reconsidered
Emap Advertising has announced the appointment of its first style director, choosing former commercial director at GQ, Jonathan Turner, for the position, with responsibility for targeting non-fashion luxury goods clients.The appointment is part of Emap Advertising’s strategy to place greater focus on certain client categories, and is a further addition to teams at Emap Advertising… Continue reading New Emap Advertising Director Gives Focus On Luxury
Satellite giant BSkyB has applied for consent from Ofcom to broadcast exclusive live coverage of cricket test matches played in England in 2006-2009, leaving Five set to pick up the broadcast rights to highlights of the sport.The regulator has launched a consultation period for rival broadcasters to raise their views of the broadcast rights reshuffle,… Continue reading Five Set To Scoop Cricket Highlight Broadcast Rights
London Mayor Ken Livingstone has pledged to end the exclusive distribution deal between Metro and the Capital’s underground railway stations, paving the way for rivals such as Richard Desmond to launch titles aimed squarely at the lucrative commuter market.Stating that the current deal with Associated Newspapers does not allow for free evening newspapers to be… Continue reading Livingstone Opens Tube To Afternoon Freesheet
The UK’s commercial radio stations will replace their usual broadcasts with nationally syndicated output on Monday 17 January, airing UK Radio Aid, a single star-studded programme across more than 200 stations to an audience of over 20 million listeners to raise money for children affected by the Asian tsunami.The programme will last for 12 hours… Continue reading Commercial Radio Output Unites For Tsunami Effort
Outdoor advertising giant Maiden Outdoor has been selected as the preferred bidder by South West Trains, the largest train operator in the UK, in the battle for control of its advertising contract.The move is contrary to reports published today which suggested Maiden had won the contract, and will see the advertising heavyweight move into talks… Continue reading Maiden Selected As Preferred Bidder For Rail Contract
