The Wireless Group (TWG) has increased its interest in DRG, owner of the London III digital multiplex licence, it was announced today. The radio company has concluded an agreement with the administrators of Clubmend Ltd to acquire its 6% stake in DRG. The acquisition is subject to the exercise of pre-emption rights by the shareholders… Continue reading Wireless Group Invests Further In Digital Radio Market
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As the outlook finally begins to improve for UK advertisers, Christopher Williamson, economist at NTC Research, digests the findings of the IPA’s latest Bellwether Report and discusses what lies in store for the industry over the coming year…The latest Bellwether report from the IPA shows a rising tide of corporate optimism, which is in turn… Continue reading NewsLine Column: Bellwether Signals Bounce Back?
The outlook finally appears to be improving for UK advertisers and new research reveals a rising tide of corporate optimism that could see adspend climb to levels not seen since the dotcom boom. The IPA’s latest quarterly Bellwether report shows that the improving economic conditions have prompted more than half of all companies to increase… Continue reading Bellwether Reveals Increasing Optimism For Advertisers
ISBA has welcomed Culture Secretary Tessa Jowell’s recent announcement that she is unsure that a ban fast food commercials aimed at children would combat the growing problem of obesity.Speaking at the recent Oxford Media Convention, Jowell insisted she was unconvinced that a ban would have an impact on children’s deteriorating eating habits and claimed she… Continue reading ISBA Welcomes Government Stance On Food Advertising
US adspend rose by more than 5% during 2003, according to the latest data from Nielsen Media Research, with local media showing the strongest growth throughout the year. Nielsen Monitor-Plus, the advertising information arm of the research company, has reported that all major media categories showed a growth in adspend during the year, and each… Continue reading US Adspends Tops 5% During 2003, Says Nielsen
ITV partners, Carlton and Granada, were among the best performers in last week’s media market following news that their multibillion pound merger would go ahead unchallenged after shareholders gave the deal their unanimous support. The former was seen up 13.35% and the later climbed 10.44% (see ITV Merger Receives Final Green Light From Shareholders).However, Reuters… Continue reading Sharewatch: ITV Partners Lifted As Merger Rubber-Stamped
SMG has taken the decision to sell its 27.8% stake in Scottish Radio Holdings to Emap in a deal worth £90.5 million. The shareholding was acquired for £150 million at the end of 2000 but SMG has opted to cut its losses and will put the proceeds of the sale towards debt reduction. SRH is… Continue reading SMG Sells Radio Stake To Reduce Debts
Channel 4 is understood to have shortlisted former Coca-Cola executive, Penny Hughes, for the role of chairman following the departure of Vanni Treves.Reports suggest that Hughes, who quit her £250,000 post as the first woman president of Coca-Cola nine years ago, has been approached by Channel 4 to take up one of the most high-profile… Continue reading Channel 4 Ponders Hughes To Take Over Chairmanship
The reclusive Barclay Brothers look set to take control of the Daily Telegraph after agreeing a £260 million deal to buy the global newspaper group headed by troubled media mogul Lord Black. The billionaire brothers are understood to have reached an “irrevocable” agreement to take over Hollinger Inc, in a move that will see them… Continue reading Barclay Brothers Agree Telegraph Takeover Deal
SMG has taken the decision to sell its 27.8% stake in Scottish Radio Holdings to Emap in a deal worth £90.5 million.The shareholding was acquired for £150 million at the end of 2000 but SMG has opted to cut its losses and will put the proceeds of the sale towards debt reduction.SRH is the prominent… Continue reading SMG Sells Radio Stake To Reduce Mounting Debts
