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Virgin Radio chief executive, John Pearson, is calling on agencies, advertisers and media owners to work together to create a single-source planning and buying tool for all broadcast media.Pearson is proposing the creation of a Broadcast Futures Group that would bring the industry together to focus on a blueprint for the creation of a single,… Continue reading Virgin Chief Calls For Single Source Planning Tool

Former Jazz FM chief executive, Richard Wheatly, is returning to commercial radio at the helm of the Local Radio Company, which looks set to acquire Radio Investments later this week.The Local Radio Company is thought to be on the brink of announcing details of the acquisition, which will see it take control of the twenty-two… Continue reading Former Jazz FM Boss To Front Radio Investments Buy-Out

OMD UK has announced the promotion of research head, Jo Rigby, to the newly created role of group research director across its network of three media planning and buying agencies.The move will see Rigby take responsibility for research functions across the entire media group, working with in-house teams at OMD UK, Manning Gottlieb OMD and… Continue reading OMD UK Promotes Rigby To New Group Research Role

Northern & Shell chairman, Richard Desmond, has this afternoon reaffirmed his commitment to launching a free-sheet evening newspaper in London to compete directly with the Evening Standard.Desmond told senior Northern & Shell staff earlier today that everything was in place for the newspaper’s launch and that all was required was official clearance from the Office… Continue reading Desmond Reaffirms Plans To Launch London Free-Sheet

ITV Sales is experiencing a surge in advertising revenue following a high demand for commercial spots during its coverage of the forthcoming European 2004 football championships.The broadcaster claims to be enjoying the ‘most buoyant’ airtime advertising market for four years, with a number of high-profile motoring, finance, alcohol and sports manufacturers clambering to associate themselves… Continue reading ITV Sees Revenue Surge As Euro 2004 Approaches

A controversial television commercial for Ford’s new SportKa has claimed the top spot in a chart of headline grabbing advertisements, despite being banned by the car manufacturer.The 40-second spot, showing a cat being decapitated by the SportKa’s sunroof, sparked outrage from all corners after being leaked on to the internet.Originally created by Ogilvy & Mather,… Continue reading Controversial Ford Campaign Puts Cat Among The Pigeons

Former Jazz FM chief executive, Richard Wheatly, is returning to commercial radio at the helm of the Local Radio Company, which looks set to acquire Radio Investments for around £40 million later this week. The Local Radio Company is thought to be on the brink of announcing details of the acquisition, which will see it… Continue reading Former Jazz FM Boss To Front Radio Investments Buy-Out

US outdoor advertising company, Lamar, announced that revenues for the first quarter are up 9.1% on the same period last year, to $201 million. Operating income, for the quarter ending 31st March 2004, rose from $2.3 million in quarter one last year, to £13.4 million. Commenting on the Lamar results, Merrill Lynch said: “Quarter one… Continue reading Merill Lynch More Bullish After Lamar Results

A poor day’s trading across the board saw media stocks struggle yesterday with only one company closing on a high. Independent News & Media managed a slight 0.20% rise to close at 123˝p as London markets saw their worst day since the beginning of April.Meanwhile, ITV saw its share price dip by 4.97% to finish… Continue reading Sharewatch: Media Stocks Plummet As Market Falters

A fifth of T-Online customers aren’t actually using the DSL lines they signed-up for, T-Online told shocked investors yesterday, according to consulting group, Ovum. As well as admitting that 2.25 million DSL subscribers aren’t using it, the original subscriber figure was corrected and scaled down by over one third from 3.4 million to 2.14 million.… Continue reading T-Online Admits Disappointing Broadband Figures