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The Financial Times has today announced the appointment of Dominic Good as its new advertising sales director with responsibility for the burgeoning Europe, Middle East and Africa region.Good is currently the commercial director for Adforum.com, the world’s largest specialist advertising website. He has also held senior sales and business development roles across print and online… Continue reading Financial Times Ad Sales Director To Cover EMEA Region

The Radio Advertising Bureau has predicted that commercial radio can achieve a 10% share of display advertising revenue by the end of the decade as it exploits its power as a brand conversation medium.The radio industry body claims that the ambitious 10% target is achievable because of the continued growth in radio audiences, better understanding… Continue reading RAB Sets Sights On 10% Share Of Display Revenue By 2010

Disgraced newspaper baron Lord Conrad Black has launched his legal bid to block the £665 million sale of the Daily Telegraph and its sister publications to the Barclay brothers. Lord Black’s Hollinger Inc announced last night that it had filed a complaint with a Delaware court demanding a shareholder vote that would effectively give it… Continue reading Black Launches Legal Bid To Scupper Telegraph Sale

Once again, WAP page impressions hit a record during the month, with 1.46 billion pages viewed in the UK during May 2004, according to the Mobile Data Association (MDA). This total shows an emerging trend from the GSM network, which includes operators such as O2, Orange, T-Mobile and Vodafone, citing a 109.4% annual growth rate.… Continue reading WAP Pages Hit 1.46 Billion In May

Following a tough few months for national radio advertising in the United States, Merrill Lynch has once again revised downwards its US radio industry growth forecast. Due to continued declining national advertising radio spend and slightly higher local radio revenue, Merrill Lynch has adjusted its 2004 forecast to just 3.8% from 5.6%. Although, things are… Continue reading US Radio Forecasts Lowered Again

After a few years of sluggish growth, spending in the global entertainment and media industry is set to reach $1.700 billion by 2008, according to PricewaterhouseCooper’s latest Global Entertainment and Media Outlook report. The Asia Pacific market emerges as the key industry driver for the 6.3% compound global annual growth rate expected, compared to 4.2%… Continue reading Entertainment And Media Set To Hit $1.700 Billion

Canadian media giant, CanWest, has announced that it has sold its 30% share in ITV owned Ulster Television (UTV) for £59 million. The $50 million proceeds from the deal, which is the largest for ITV since Carlton and Granada merged earlier this year, will help CanWest reduce bank debt, standing at a reported £1.2 billion.… Continue reading CanWest Sells Ulster TV Share

Channel 4 has surprised the broadcasting industry by announcing the appointment of Andy Duncan, BBC director of marketing, communications and audiences, as its new chief executive. Duncan, the man behind the launch of the highly successful Freeview service, had not been named among the frontrunners for the position, which became vacant last month after Mark… Continue reading Channel 4 Appoints BBC Director As Chief Executive

Lord Black’s share in Hollinger International, owner of the Telegraph Group, dropped from 30% to 18.2% yesterday, following a refinancing of the cash-strapped holding company. Due to a pending cash collapse at Hollinger Incorporated, an issue of preference shares was announced, which would convert stock to shares in the Canadian vehicle which holds the stock.… Continue reading Hollinger Cash Crunch Drops Black’s Share

Satellite broadcaster BSkyB saw a dip in share price yesterday, falling by 0.96% to 622p. The company is believed to be in negotiations with sports cable network ESPN about launching a special version of its 24-hour sports channel in the UK.The new channel is believed to be a British version of ESPN Classic Sport, which… Continue reading Sharewatch: BSkyB Dips Despite Talks With ESPN