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ITV Sales has announced the appointment of Gary Knight as head of sponsorship and branded content following the completion of Carlton and Granada’s multibillion pound merger earlier this month.Knight takes up the position at the newly created company with immediate effect after having moved from Granada Enterprises, where he has been executive director of commercial… Continue reading ITV Sales Appoints Knight To Lead Sponsorship Division

Proposals by Ofcom to introduce a range of new community radio stations across the UK are being met with criticism from commercial radio companies and industry bodies.The new super-regulator plans to launch a number of not-for-profit stations that will be funded by Government grants and advertising revenue. The community radio projects will provide services for… Continue reading Ofcom Out Of Tune Over Community Radio Proposals

The US market for set-top boxes with integrated PVR’s (personal video recorders) will grow six-fold between now and 2008, according to new data from Park Associates. The standalone PVR market will be supplanted by set-top recorders provided by television service operators, along the lines of Sky+ in the UK, and will reach 25m US homes… Continue reading MediaTel Insight: Integrated PVR’s To Boom In The US

The US market for set-top boxes with integrated PVRs (personal video recorders) will grow six-fold between now and 2008, according to new data from Park Associates. The standalone PVR market will be supplanted by set-top recorders provided by television service operators, along the lines of Sky+ in the UK and will reach 25 million US… Continue reading Integrated PVRs To Boom In The US As The UK Market Takes Off

Anglo-Dutch publishing group Reed Elsevier today posted increased pre-tax profits for 2003 but said it expects growth to slow in the coming year as a continued economic downturn takes its toll. Pre-tax profits were up 9%, from £927 million to £1.0 billion. Reed said its growth would have reached 10% if adjusted at full year… Continue reading Reed Elsevier Sees 2003 Profits Rise But Predicts Dip In 2004

Further signs of an improving advertising economy emerged yesterday as Omnicom Group, the world’s largest agency network, announced that its net income jumped by 10% to $221.3 million in the fourth quarter of 2003. The group, which owns BBDO Worldwide and TBWA, said that worldwide revenues were up by 18.3% to $2.5 billion. Revenue growth… Continue reading Omnicom Posts 18% Revenue Rise As Markets Improve

Business press advertising expenditure in the US rose by 1.1% during November, although page volumes were down by 3.7%, according to the latest data from American Business Media (ABM). In the year to date spend was up slightly by 0.6% and pages were down by 3.5%. “We are encouraged by the performance of the telecommunications… Continue reading US Business Press Advertising Nudges Up 1% In November

The global market for mobile phones continued to grow in the fourth quarter of 2003, with shipments reaching a record high of 167.8 million units, up 29.7% year on year, according to IDC. The fourth quarter closed a particularly strong year for the worldwide mobile phone market as handset sales topped half a billion units… Continue reading Global Mobile Shipments Jump 23% In 2003

Media stocks rose yesterday following an announcement by Reuters of underlying profits ahead of market expectations (see Reuters Results Beat Expectations As Profit Returns).The company jumped 18.41% higher to close at 429źp and other media companies followed. Emap rose 2.79% to 920p and Pearson, owner of the Financial Times, climbed 3.33% to finish at 605p.Regional… Continue reading Sharewatch: Reuters Results Fuel Media Stock Upsurge

Viacom Outdoor has secured the lucrative £3 million contract to sell advertising on train operating company, Mersey Rail, following a competitive pitch against rival, Maiden Outdoor.The win comes less than two months after Viacom Outdoor snatched the seven-year GNER sales contract from Maiden, in a move that brought an end to its rival’s monopoly of… Continue reading Viacom Snatches Mersey Rail Contract From Maiden