Trinity Mirror was seen in the spotlight, up 2.05%, on reports that chief executive, Sly Bailey, has ruled out the demerger of the company’s national and regional newspapers and is set to initiate a thorough cost-cutting programme (see Bailey Seeks To Cut Costs At Trinity Mirror).Cordiant also remained in focus, down 6.67%. The stock was… Continue reading Sharewatch: Trinity Rises On Positive Comments
Guardian Unlimited is to introduce a range of paid-for web content and services from later this month, including digital editions of the Guardian and the Observer.Although access to the core Guardian Unlimited network will remain free and unrestricted, users will be able to purchase an ad-free version of the site for £20 a year and… Continue reading Guardian To Charge For Web Content
Future Publishing’s flagship technology title, T3, has teamed up with Nokia to produce a special magazine supplement that will offer an in-depth guide to mobile technology.The supplement, entitled Mobile Mania, will be included with the August edition of T3 and will feature details of Nokia’s services.The magazine’s 52 pages will be split into three sections… Continue reading Future Secures Nokia For Special Magazine
The prospect of a merger between ITV partners Carlton and Granada has been thrown into turmoil by reports that regulators have rejected the groups’ key proposals to save the deal.According to the Observer, the Competition Commission has thrown out two plans which would have enabled the companies to keep at least one advertising sales house.In… Continue reading ITV Merger In Jeopardy As Remedies Are Rejected
In a widely anticipated move, Cordiant Communications has agreed the sale of its City PR firm Financial Dynamics International in a deal worth £26 million.The transaction represents the final stage of Cordiant’s disposal programme intended to cut debt. The group has already concluded deals to sell its Australian assets and the German agency Scholz &… Continue reading Cordiant Sells PR Subsidiary For £26 Million
The global customer relationship management market is expected to total almost $18 billion by 2006, according to a new report by the Aberdeen Group. However, despite modest growth, various innovations are set to bring about a sea change in the way companies acquire and pay for CRM solutions.Also On MediaTel Insight Today…Bailey Seeks To Cut… Continue reading MediaTel Insight: CRM Spending To Grow 30% By 2006
The prospect of a merger between ITV partners Carlton and Granada has been thrown into turmoil by reports that regulators have rejected the groups’ key proposals to save the deal. According to the Observer, the Competition Commission have thrown out two plans which would have enabled the companies to keep at least one advertising sales… Continue reading ITV Merger In Jeopardy As Remedies Are Rejected
Sly Bailey, chief executive of Trinity Mirror, has apparently ruled out the demerger of the company’s national and regional newspapers but is expected to announce shortly a thorough cost-cutting programme. According to a report in the Mail on Sunday, Bailey, who has carried out a strategic review, is planning to slash overheads and cut between… Continue reading Bailey Seeks To Cut Costs At Trinity Mirror
Cordiant was the sector’s big mover last week, up 36.36%, after it was revealed that a Syrian billionairess is the independent investor who recently purchased a 2% stake in the troubled advertising group. The private investment, alongside that of leading shareholder Active Value may scupper WPP’s takeover bid for the group(see Endgame No Clearer As… Continue reading Sharewatch: Cordiant Rises On Independent Investment
In a widely anticipated move, Cordiant Communications has agreed the sale of its City PR firm Financial Dynamics International in a deal worth £26 million. The transaction represents the final stage of Cordiant’s disposal programme intended to cut debt. The group has already concluded deals to sell its Australian assets (see Cordiant Completes Sale Of… Continue reading Cordiant Sells PR Subsidiary For £26 Million
