The forced divestment of Carlton & Granada’s sales houses would render the ITV merger ineffective, according to analysis by Lehman Brothers.Trade and Industry Secretary, Patricia Hewitt is due to announce her decision on the merger this week, following an exhaustive Competition Commission investigation into the likely implications of the deal.The Lehman study pretty much rules… Continue reading Sales House Issue Is Key To Success Of ITV Merger
Carlton and Granada saw stocks rise today as the city welcomed news that the ITV partners could go ahead with their planned £4 billion merger without divesting their sales houses.Lorna Tilbian, analyst at Numis Securities, said: “The merger is the best possible outcome and allows ITV to better compete with a strong BBC and BSkyB.”The… Continue reading Carlton And Granada See Shares Rise As City Backs Merger
The Telegraph Group has announced that its managing director of sales, Len Sanderson, is to leave the company at the end of this month.The move, which is part of a wider management restructuring at the paper, follows the decision of editor Charles Moore to relinquish his position in order to devote more time to his… Continue reading Telegraph Parts Ways With Managing Director Of Sales
Today’s decision by trade and industry secretary, Patricia Hewitt, paves the way for what many regarded as the inevitable creation of a single ITV company, as Carlton and Granada prepare to merge. With only behavioural remedies imposed, the two ITV heavyweights have emerged from the year-long Competition Commission investigation with one of the better outcomes… Continue reading MediaTelINSIGHT: What Next For One ITV?
There was a slight increase in ad demand during September, according to a significant proportion of US media planners and buyers interviewed for a survey by MediaPost and InsightExpress. Mediapost’s Ad Demand Index shows that 44% of those questioned said that demand for ad inventory was higher last month than in September 2002. By comparison,… Continue reading US Ad Demand Grows In September
US online retail sales totalled $12.43 billion in the third quarter of 2003, a 24% increase over the same period in 2002, according to shopping search and comparison site BizRate.com. Actual orders grew by 47% to 101 million in the three months to end-September. The average purchase amount was down 15% to $123 compared to… Continue reading Consumer Online Spending Grows In Third Quarter
Today’s decision by trade and industry secretary, Patricia Hewitt, paves the way for what many regarded as the inevitable creation of a single ITV company, as Carlton and Granada prepare to merge (see ITV Cleared To Merge With Sales Houses Intact). With only behavioural remedies imposed by Hewitt, the two ITV heavyweights have emerged from… Continue reading INSIGHTanalysis: What Next For One ITV?
On the whole the advertising market is heading in the right direction, with confidence and trading figures a little better now than they were six months ago. This is evidenced by comments from WPP‘s Sir Martin Sorrell, one of the industry’s most venerable and (generally) cautious market callers. Sorrell recently told a media conference that… Continue reading INSIGHTanalysis: Media Healthcheck – September 2003
Despite forecasts of significant growth for the internet advertising sector, the majority of print publishers see either no change in the relationship between print and online delivery or they are uncertain of what the future holds. According to a US-based survey from GartnerG2, publishers are not at all bullish on the prospects for increasing advertising… Continue reading Publishers Expect Very Little From Online Revenues
The forced divestment of Carlton & Granada’s sales houses would render the ITV merger ineffective, according to analysis by Lehman Brothers. Trade and Industry Secretary, Patricia Hewitt is due to announce her decision on the merger this week (see Carlton & Granada Await Merger Decision). This follows an exhaustive Competition Commission investigation into the likely… Continue reading Sales House Issue Is Key To Success Of ITV Merger
