Jack Myers, in revising its 2005 US adspend forecasts upwards, has confirmed online’s major role in advertising growth this year. Total advertising for 2005 has been raised from the 2.2% forecast in October 2004, to 4.8% (see Jack Myers Cautious Over 2005 Ad Spending). Figures released at the end of last month, predict that online… Continue reading Boost To Online 2005 Adspend Confirmed
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Publishing and media group United Business Media were the leaders of last weeks trading market, seeing an impressive 8.96% increase in share price, to close on Friday at 523p. David Levin will assume the position of the company’s chief executive in April, taking over from Lord Clive Hollick, On assuming the position Mr Levin is… Continue reading Sharewatch: United Business Media Growth Leads Market
Cable provider Telewest Broadband has secured a raft of new channels, announcing the acquisition of broadcast licences with Channel 4, Eurosport, TV Travel Shop, The Community Channel and Teachers TV.The cable company has confirmed it will carry Channel 4’s new venture, More 4, when it becomes available as well as Teachers TV, a new channel… Continue reading Telewest Boosts Digital Channel Portfolio
JanuaryThe Times made an optimistic start to 2004 by extending the availability of its recently launched compact edition to areas outside of the original London trial zone (see Times Extends Availability Of Compact Edition). The paper also received a boost to its compact confidences with the latest ABC circulation figures revealing that the launch of… Continue reading NewsLine End Of Year Round-Up: Press
NatMag-Rodale, the joint venture created between The National Magazine Company and Rodale International in May 2004, has appointed Rita Lewis as its first managing director.Lewis is a leading figure in the British magazine industry, having held senior positions at Emap, IPC and, most recently, as publishing director at Hachette Filipacchi. The move will see her… Continue reading NatMag-Rodale Poaches Hachette Director As First MD
Kids films dominated last years box office with Shrek 2, Harry Potter and the Prisoner of Azkaban, The Incredibles and Shark Tale collectively bringing in £143.9 million and providing advertisers with unique promotional oportunities.Shrek 2 was the year’s largest grossing film, clocking up box office takings of £48.1 million, followed closely by J.K Rowling’s blockbuster… Continue reading Kids Films Dominate Box Office In 2004
The Financial Times has announced the appointment of Michael Rzesnitzek as managing director of the newspaper’s operations in the UK, Europe, Middle East and Africa.Rzesnitzek, a German national who studied in the UK and France, is currently managing director of FT Deutschland, a paper launched 5 years ago by the Financial Times and Gruner &… Continue reading Financial Times Recruits New Managing Director
Sir Martin Sorrell has won a court case against media communication and market research group Aegis, amid accusations of industrial espionage and illegal client poaching. The French Commercial Court of Nanteerre has ruled against Aegis subsidiary, Carat, finding that the company had made its allegations of illegal client poaching purely to obtain sensitive information about… Continue reading French Court Rules In Favour Of Sorrell
A second auction of third generation mobile (3G) telephone licences, scheduled for 2007 will gross only one tenth of the £22.5 billion secured in the first auction making the Treasury just £2.5 billion, according to Government advisor Quotient Associates. This prediction is likely to anger the five main mobile operators, who paid a total of… Continue reading 3G Licence Prices To Drop By 90%
Yesterday’s market saw a slight increase in share price for most media stocks, with broadcaster Scottish Media Group leading the way with an increase of 2.43% to close at 105źp. The company recently accepted media watchdog, Ofcom’s offer of a digital replacement licence, paving the way for the digital switchover in 2012 (see Ofcom Issues… Continue reading Sharewatch: Scottish Radio Rises As Market Bounces Back
