The Financial Times has appointed former financial sales manager, James Burton, to the position of head of global advertising sales, as part of the ongoing shake-up of its commercial operation.The new role will see Burton undertake responsibility for worldwide classified ad sales, both for the newspaper and FT.com. He will work closely with the FT’s… Continue reading Financial Times Appoints Head Of Global Ad Sales
Freeserve is launching the industry’s first free package advice line with the backing of a multimillion pound marketing campaign.The UK’s largest internet service provider will unveil an extensive television, radio and press campaign later this month to raise awareness of the advice line, which will help consumers chose the right internet package to suit their… Continue reading Freeserve Backs New Advice Line With Major Ad Campaign
Global cinema admissions will fall by 3.8% in 2003 to 8.46 billion, according to a new report from Informa Media Group. This follows a strong year in 2002, after declines in 1998, 1999 and 2000.Also On MediaTel Insight Today…Heavyweight Advertisers Turn To Online, Finds NielsenSome of the biggest-spending advertising brands are starting to move their… Continue reading MediaTelINSIGHT: Global Cinema Admissions To Fall In 2003
There has been a sharp recovery in radio airtime sales at UBC Media Group, leading the company to upgrade its outlook for the remainder of the year, it said this morning. At the time of UBC’s AGM in August, the company said that airtime sales at the commercial division had been performing below target, in… Continue reading UBC Sees Sharp Recovery In Radio Airtime Sales
Newcastle-based independent radio group, Forever Broadcasting, has sold its Juice Liverpool radio station to Absolute Radio UK for £3.1 million. Forever will realise £1.4 million from the disposal and this will be used to reduce the group’s debt. Juice Liverpool made an operating loss of £0.76 million in the year ending 30 September 2002 and… Continue reading Forever Broadcasting Sells Juice Liverpool For £3.1m
BSkyB is launching a global search to find a new chief executive, amid fierce speculation that Rupert Murdoch intends to install his youngest son in the position. The satellite broadcaster’s nomination committee is understood to have called in head-hunters to draw up a list of potential candidates to replace Tony Ball, who announced on Tuesday… Continue reading BSkyB To Launch Global Search For New Chief Executive
Maiden Group, the UK outdoor advertising contractor, says it has seen first half revenue growth above company expectations, despite continued challenging economic and advertising conditions. Its first half results today showed a pre-tax loss of £1.9 million, down from the loss of £2.3 million in H1 2002, whilst group turnover rose by 6% to a… Continue reading Maiden Sees Better Visibility In Outdoor Sector
Capital Radio is expecting a 4% fall in like for like airtime advertising revenues for the year ending 30 October, despite a gradually improving environment. Meanwhile, rival radio company, GWR Group, says its Local Radio Group is trading strongly, whilst Classic FM revenues remain volatile. Capital’s airtime revenues were down by 6% in the quarter… Continue reading UK Radio Groups See Slight Improvement, But Revenues Down
The French media group Vivendi has announced a reduction in losses for the first six months of 2003 as it seeks to extricate itself from a severe debt crisis. The company said yesterday that net debt was down to €13.7 billion from more than €35 billion this time last year following the sale of a… Continue reading Vivendi On The Comeback Trail, Fourtou Targets Profit
BSkyB remained in focus yesterday, down 0.55% as investors voiced concerns over plans to replace the satellite broadcaster’s outgoing chief executive, Tony Ball, with Rupert Murdoch’s 30 year-old son, James (see BSkyB Confirms Ball To Step Down As Chief Executive).However, reports suggest Murdoch’s planned succession may not go smoothly. Investors representing Britain’s largest company pension… Continue reading Sharewatch: BSkyB Falls On New Chief Executive Concerns
