Barclay Knapp is stepping down as chief executive of NTL, just months after the UK cable group emerged from its Chapter 11 bankruptcy process (see NTL Emerges From Bankruptcy). Knapp, who joined NTL ten years ago, will step down from his current role at the close of business on Friday, but will stay at the… Continue reading Knapp Departs NTL As Q2 Results Show Some Growth
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The acquisition of Bcom3 Group helped Publicis, the world’s fourth largest marketing and advertising group, to achieve strong growth in sales in the second quarter of 2003. Revenues were up by 60.7% to Â965 million, taking into account the consolidation of former Bcom3 agencies purchased in September 2002. Organic sales, which exclude acquisitions and foreign… Continue reading Publicis Sees Revenues Rise In Q2
BSkyB has comfortably beaten market forecasts in its final quarter customer growth, adding 133,000 new subscribers and taking its customer base to 6.8 million, the group announced this morning. This is even higher than a revised and upgraded forecast from Lehman Brothers, which claimed that there would be 128,000 additions, ahead of the 100,000 market… Continue reading BSkyB Results Beat Market Expectations As Subs Hit 6.8m
BSkyB’s £1.02 billion deal to broadcast live Premiership football for a further three years could be investigated by the European Commission following concerns it breaches competition laws. The Premier League had structured the deal in accordance with the EC’s desire that the media rights be split into four separate packages to promote competition and encourage… Continue reading BSkyB’s Football Rights Deal Could Face Investigation
Analysts claim that the cable television company NTL is set to announce a major fund raising exercise that will net around $650 million and increase the possibility of a merger with UK rival Telewest. According to a report in The Observer, NTL is planning to ask shareholders to subscribe to new shares with the cash… Continue reading UK Cable Merger Still Viable
Trinity Mirror has rejected a fresh approach from Candover Investments, the private equity house, for its national newspapers, according to weekend press reports. The Observer claims that Candover, which made an informal offer for the titles late last year, has returned with a new proposal since the appointment of Sly Bailey as Trinity Mirror chief… Continue reading Candover Rebuffed In Latest Bid For Trinity Titles
Week on week analysis of the media sector reveals a strong performance from radio station operator and production company, UBC, which saw shares rise by 7.58% after announcing it had managed to boost commercial airtime revenues in June and July (see UBC Sees Radio Revenue Turnaround After Weak Start).BSkyB was also in focus, rising by… Continue reading Sharewatch: UBC Rises After Boost In Airtime Revenue
Almost 40% of companies are planning to increase their marketing and sales operations as business confidence returns to Britain, according to new research from the Chartered Institute Of Marketing (CIM).The latest Marketing Trends Survey suggests the economy has enjoyed a powerful boost since the end of the war in Iraq, with businesses predicting that a… Continue reading Survey Shows Business Confidence Is Returning To Britain
The Outdoor Advertising Association has today launched its biggest ever advertising campaign to promote the medium.The Proving Outdoor Works campaign, which has three executions all carrying the line ‘For Impact Posters Are Invincible’, has been created by AMV BBDO to demonstrate the power and effectiveness of outdoor advertising.The six-figure campaign is supported by the largest… Continue reading New Campaign Uses Pop Art To Promote Outdoor
The latest NRS figures for the six months to June 2003 reveal a less than impressive period for the Daily Mirror, which saw readership decline by 11.6% year on year to below the 5 million mark.Trinity Mirror recently announced a raft of job cuts across the Daily Mirror‘s editorial division and closed its M and… Continue reading NRS National Newspaper Round-Up – June 2003
