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Granada shareholders are growing increasingly unhappy over the terms of the proposed £2.6 billion merger with Carlton Communications and are concerned about whether they are getting a fair deal. According to a report in The Independent On Sunday, institutional investors met with Granada executives recently to discuss whether the deal, which would save the merged… Continue reading Granada Shareholders Uneasy Over ITV Merger Deal

Independent News & Media has issued an upbeat trading statement in which it claims to be generating revenues in excess of 2002 levels and is on target to deliver encouraging interim results. The group, which owns The Independent, The Independent on Sunday and the Belfast Telegraph, said that circulation revenues continued to grow in all… Continue reading INM Reports Strong Start To Year

The latest global advertising forecasts from ZenithOptimedia offer a mixed prognosis for the industry with regional variances providing cause for consideration. The media services agency continues to predict full-year growth of 2.9% in current currency and 1.0% in constant currencies. Worldwide ad expenditure for 2002 came in at $315.3 billion, representing an improvement over 2001… Continue reading Worldwide Advertising Forecasts From ZenithOptimedia

Until now, Central and Eastern Europe has been considered something of a broadband backwater but DSL is beginning to have an impact and the number of high speed internet connections is expected to double this year. In its recent study, Central and Eastern Europe Broadband Access Services Forecast and Analysis, 2002-2007, IDC examined services in… Continue reading DSL To Drive CEE Broadband Subscriptions

Almost one in six UK internet users spend more than £100 online per month, according to a study from the Royal Bank of Scotland. The survey, carried out by Taylor Nelson Sofres, found that net users spend an average of £86 on web purchases each month. Men spend more than women, averaging £95 per month… Continue reading UK Becoming A Nation Of Internet Shoppers

Viacom Outdoor has secured Proctor & Gamble’s Ariel brand for an innovative advertising and sponsorship campaign that will dominate Southfields and Waterloo Tube stations during this year’s Wimbledon tennis championships.The initiative will see the platform at Southfields station play host to a giant Zanussi-Electrolux washing machine containing a television screen, which broadcasts highlights of Tim… Continue reading Viacom Outdoor Cleans Up With Ace Wimbledon Campaign

The latest global advertising forecasts from ZenithOptimedia offer a mixed prognosis for the industry with regional variances providing cause for consideration. The media services agency continues to predict full-year growth of 2.9% in current currency and 1.0% in constant currencies.Also On MediaTel Insight Today…INM Buoyed By Growth In RevenuesIndependent News & Media has issued an… Continue reading MediaTel Insight: Worldwide Ad Forecasts From Zenith Optimedia

Week on week analysis of the media sector revealed that WPP remained in focus up 0.42% week on week after strengthening its proposed take-over bid for Cordiant Communications.Late last week the group cleared one of the final hurdles en route to the acquisition of Cordiant Communications by agreeing to buy out the outstanding debt held… Continue reading Sharewatch: Cordiant Bid Pushes WPP Higher

IPC Ignite is to close its monthly Muzik magazine following a drop in circulation and a decline in the popularity of dance music in the charts.The publishing company claims that falling advertising and copy sale revenues at the title, in conjunction with the decline of this section of the music market have meant that the… Continue reading IPC Ignite Pulls The Plug On Muzik Magazine

Guardian Media Group has appointed Michael Holt as sponsorship and promotions manager at Jazz FM London.The appointment marks a return to radio for Holt, whose most recent role was commercial manager at production company UMTV. Prior to this he spent three years as acting head of sponsorship at Virgin Radio and four years at below… Continue reading Jazz FM London Appoints New S&P Manager