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Lord Rothermere’s Daily Mail and General Trust has announced the purchase of classified advertising specialist Bargain Pages Media for a total of £8.5 million. The move will see the Birmingham based operation form part of DMGT’s regional newspaper division, Northcliffe Newspapers Group. The company currently publishes the Bargain Pages newspaper in three editions to most… Continue reading Daily Mail Snaps Up Midlands Bargain Papers

Hollinger International has announced that an internal investigation has found former executives, including ex-chief executive, Lord Black, guilty of taking $400 million of the group’s money. According to BBC News online, the investigation papers said that the sum, which accounted for 95.2% of its adjusted net income between 1997 to 2003, was used to ‘line… Continue reading Hollinger Investigations Show Executives Took $400 Million

RTL, the owner of television broadcaster Five, yesterday tried to avoid adding further fuel to the rumours surrounding a merger with Channel 4, by saying it had to decide how to develop its multi-channel strategy first before any discussions take place. At a presentation to unveil the group’s interim results, chief executive, Gerhard Zeiler, refused… Continue reading RTL Boss Deflects Talks Of Five/Channel 4 Merger

CNBC Europe, the financial and business television news channel, is set to launch a live video streaming service which will allow mobile phone users to watch programmes on their handsets. According to CNBC, the rollout, which covers 17 European countries, is the first to allow a whole channel to be streamed 24/7 to a mobile… Continue reading CNBC Launches Video Streaming To Mobile Phones

The majority of media stocks suffered a decline in share price yesterday, with only a handful of companies nudging into positive growth. Radio group Chrysalis was the day’s best performer with shares rising by 1.57% to close at 177žp.The radio group recently announced plans to increase the adspend for its Heart 106.2 station by around… Continue reading Sharewatch: Chrysalis Strong In Slow Day For Media Stocks

Classic FM has announced the promotion of Giles Pearman to the role of marketing director as it gears up for the next stage of its million pound advertising campaign, utilising 33 fully-branded taxis in and around London.Pearman, who joined Classic FM from FMCG giant Unilever in 1999, will now become the station’s first dedicated marketing… Continue reading Classic FM Appoints Marketing Chief Ahead Of Ad Drive

The way television is produced and traded needs to be fundamentally rethought as advertisers begin to question the efficiency of the medium, according to Stuart Misson, managing director of marketing agency Octagon.Speaking at this year’s Edinburgh International Television Festival, Misson called on broadcasters to reassess the way their programmes are funded, as advertisers begin to… Continue reading MGEITF 2004: Ad-Funded Programmes To Revolutionise Television

BBC director general Mark Thompson has moved to bury once and for all criticism of the Corporation’s populist approach to programming by signalling a fundamental change of emphasis towards providing excellence and public value.In his first public speech since joining the BBC in June, Thompson revealed his intention to differentiate the Corporation from its commercial… Continue reading MGEITF 2004: Thompson Vows To Make BBC Less Commercially Focused

Established audience measurement surveys are in serious danger of becoming outdated unless they ditch their silo mentality and start working together to address the increasingly important issue of media convergence.This is the view of Mick Mernagh, director of consumer insight at MediaCom, who claims that media owners could turn away from existing trading currencies if… Continue reading MGEITF 2004: Audience Measurement Must Keep Up With Convergence

The MRG Cricket XI pulled off a narrow eight run win in the closely contested final game of the annual Tashes series against a joint BMRB/Ipsos team. After a 3-0 series win last time around, this result gave the MRG a 1-1 draw this year (with one game rained off).After last time’s washout, the teams… Continue reading MRG Maintain A Hold On Their Tashes After Nerve-Jangler