International sales helped to boost pre-tax profits at magazine publisher Haymarket by 22% in 2002, the company has announced. Haymarket said the figure rose from £20.4 million in 2001 (see City News) to £24.9 million last year. Group revenues totalled £172.3 million, up 6.8% overall. The company publishes more than fifty business and consumer magazines… Continue reading Haymarket Reports Growth In Profits
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Congratulations to Toby Heiser of Manning Gottlieb OMD who correctly predicted that 17 goals would be scored in the Premiership this weekend. Toby wins a digital radio courtesy of Opus.Commiserations to anyone else who also got the right number; Toby’s was the first name drawn out of the hat.This was just a taster for the… Continue reading MediaTel Group Sports Quiz – Heiser Wins Early Bonus Prize
The IPA’s quarterly Bellwether report has revealed an improved business sentiment among the UK’s top advertisers, even though marketing budgets were revised down again during the third quarter of this year.The report, published today, shows that adspend budgets were cut for the eleventh consecutive quarter between July and September this year. However, the reduction was… Continue reading Bellwether Reveals Reduced Pessimism For UK Advertisers
The board of Granada has blocked the appointment of Michael Green as chairman of the newly merged ITV following overwhelming pressure from institutional shareholders for the Carlton boss to resign by noon today (see Carlton Defies Shareholders Over Calls To Oust Green).Granada held an emergency board meeting last night and decided that an independent non-executive… Continue reading Green Looks Set To Go As Granada Withholds Support
There is no denying it has been a difficult two years for the UK advertising industry but media executives should be encouraged by new forecasts which show that expenditure could rise by as much as 42% over the next decade.Also On MediaTel Insight Today…IPA Sees Reduced Pessimism Despite Continued CutsCautious optimism in the media and… Continue reading MediaTelINSIGHT: Long Term Outlook For UK Ad Market
Carlton and Granada were seen in the spotlight once again yesterday, down 1.38% and 0.86% respectively as wrangling over management positions at the merged ITV group continued.Independent directors at Carlton warned yesterday that shareholder pressure to oust Michael Green as chairman designate could undermine its planned £4.5 billion merger with Granada (see Carlton Defies Shareholders… Continue reading Sharewatch: Carlton Row Threatens Planned ITV Merger
Carlton Communications has bowed down to shareholder pressure by announcing that Michael Green will step down as chairman designate of the newly merged ITV company. The broadcaster confirmed that Green has reluctantly given in to continued calls from a coalition of city institutions for him to relinquish his role at the helm of the company… Continue reading Green Relinquishes Role As ITV Chairman Designate
Ian Finlayson, the IPA’s finance director, considers the implications of the latest quarterly Bellwether Report and asks what the future holds for UK advertisers…According to figures from the latest IPA Bellwether Report, which tracks the marketing budgets of over 250 top UK advertisers, there are reasons for optimism, despite another quarter of budget cuts.The influential… Continue reading NewsLine Column: The Road To Recovery?
The board of Granada has blocked the appointment of Michael Green as chairman of the newly merged ITV following overwhelming pressure from institutional shareholders for the Carlton boss to resign by noon today (see Carlton Defies Shareholders Over Calls To Oust Green). Granada held an emergency board meeting last night and decided that an independent… Continue reading Green Set To Go As Granada Withholds Support
The future of radio as a medium is under threat unless it goes digital, according to the BBC’s director of radio and music, Jenny Abramsky.Speaking at a National Association of Broadcasters conference yesterday, Abramsky warned against the dangers of taking radio for granted in a future were the next generation of listeners face more choice… Continue reading Abramsky Claims Future Of Radio Is Under Threat
