The US private equity firm Hellman & Friedman has bought a 19.5% stake in Axel Springer from Deutsche Bank in a deal worth Â350 million. Axel Springer is the largest newspaper group in Europe and publishes the German dailies, Bild and Die Welt. Deutsche Bank acquired a 40% stake in the company last year after… Continue reading Deutsche Bank Finds Buyer For Springer Stake
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Andrew Newman, controller of entertainment at Channel Five is to quit the channel and is expected to join Channel 4.Newman is to leave his post when his contract expires at the end of October and seems likely to team up with Five’s former programme director, Kevin Lygo, who is moving to Channel 4 to become… Continue reading Five Entertainment Controller Quits
Despite the admission that “predicting media inflation is not unlike forecasting the weather a year ahead”, David Fletcher, head of Mediaedge:cia‘s MediaLab, has decided to have a go at calling the next couple of years in MediaLab’s latest Adstats report. Taking ‘life in one hand and a cup of tea leaves in the other’, Fletcher… Continue reading UK Media Inflation Forecasts From Mediaedge:cia
IPC’s flagship country and leisure title, Country Life is launching a special themed issue devoted to England, with four different collectable covers.The special edition covers will each features a different corner of UK; Flat Moor in Derbyshire, Wharfedale in North Yorkshire, the White Cliffs of Dover and Bideford in Devon.Commenting on the initiative, Michael Hall,… Continue reading Country Life Unveils Special Edition
Data-centric networks will be in 28% of US households and the number of nodes (devices connected to networks) is expected to top 100 million by the end of 2008. Parks Associates reports that 9.9 million home networks were in existence at the end of last year. This indicates that the number more than doubled from… Continue reading Home Is Where The Network Is, Says Parks Associates
Travel and leisure site lastminute.com is launching a new multi-platform ad campaign which aims to “take ownership” of the weekend and promote a work life balance.The new ads, which were developed by recently appointed roster agency, Quiet Storm, have been designed to build the Lastminute brand by encouraging consumers to make the most of their… Continue reading Lastminute Launches New Ad Campaign
Total US magazine advertising revenues rose by 6.3% year on year in September, closing at $1.9 billion, according to new figures from the Publishers Information Bureau (PIB). However, advertising pages were down 4.5% to 23,952. In the year to date, advertising revenue closed at $12.9 billion, an increase of 9.0% while advertising pages were up… Continue reading US Magazine Revenues Rise 6.3% In September
Viacom is launching its first ever cross promotional campaign across its outdoor, publishing and cinema and retail properties to raise awareness of HIV and AIDS.This week Viacom Outdoor buses across the UK will carry ads supporting the campaign, which launched in the US earlier this year.The campaign is designed to increase awareness of HIV and… Continue reading Viacom Launches AIDS Awareness Campaign
ITV has unveiled its new board and management structure following the Competition Commission’s decision to allow its £4 billion merger with limited behavioural conditions (see ITV Cleared To Merge With Sales Houses Intact).Upon completion of the merger, Michael Green, who currently heads up Carlton, will become chairman, while Charles Allen the chairman of Granada, will… Continue reading ITV Unveils New Board
Total adspend is set to rise 5% next year, whilst media supply will rise by only 3%, according to Mediaedge:cia’s MediaLab. This gives a cost inflation of 2%. Inflation is expected to fall by 1% this year, as supply rises faster than expenditure.Also On MediaTel Insight Today…US Magazine Revenues Rise 6.3% In SeptemberTotal US magazine… Continue reading MediaTelINSIGHT: UK Media Inflation Forecasts
