Haim Saban, the US media investor, plans to make a second attempt to acquire the assets of the indebted Kirch media empire, according to new reports. Just six weeks after opting out of a Â2 billion deal (see Kirch TV Deal Hits The Rocks), Saban has apparently returned with a reduced bid for KirchMedia. He… Continue reading Saban Back In For KirchMedia
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United Business Media was seen under pressure, down 1.62% yesterday, after failing to impress the market with the acquisition of Builder Group, the construction magazine business (see UBM Builds Up Portfolio With Aprovia Acquisition).Elsewhere, Cable & Wireless was seen in the spotlight, down 4.64%, after its chief executive revealed that the restructuring process recently put… Continue reading Sharewatch: UBM Falls Ahead Of Acquisition
Culture Secretary, Tessa Jowell, has admitted that Lord Puttnam’s last minute plurality test amendment to the Communications Bill helped to improve the recently passed legislation (see Parliament Finally Green Lights Communications Act).The Government was forced to accept the eleventh hour proposal to give Ofcom the power to investigate major cross-media mergers after a group of… Continue reading Jowell Admits Plurality Test Improved Communications Bill
The cost of unmetered dial-up internet access could be reduced by service providers, following a ruling by Oftel that will force BT to bring down the amount it charges operators to use its network.Following an investigation into BT’s charging practice, the telecommunications watchdog is forcing the company to reduce its fees by 17%. Oftel concluded… Continue reading Oftel’s BT Ruling Should Bring Down Dial-Up Internet Costs
For years advertisers have been striving to target socially active 18-25 year olds, but with this demographic spending less time on the sofa and more time out on the town, Rick Weir, marketing director of Hi-Tech Solutions, explains that advertisers need to turn to bars and clubs to get their message across.Most of us are… Continue reading NewsLine Column: Bar-Room Branding
Mediaedge:cia’s managing director, James Whitmore, has left the company and is to be replaced by Matt James, formerly managing director of Manning Gottlieb OMD.The move comes just months after Mediaedge:cia’s UK group chairman, Rob Norman, took control of the agency, following the departure of Fiona McAnena to become development director at parent company WPP’s marketing… Continue reading Mediaedge:cia Parts Ways With Managing Director
Emap’s Metro Radio has teamed up with wireless marketing company Flytxt to create a new campaign aimed to help build its SMS database and increase its number of listeners.The special promotion, entitled ‘Topless for Summer’, will invite listeners to text their details and listen to Brian Moore’s Breakfast Show to see if they have won… Continue reading Flytxt Teams With Emap For New Radio Promotion
Ambient media group, HubAds, which pioneered advertising on the hubcaps of cars and lorries, is expanding into taxi advertising.The newly created group will focus on developing a specialist cab division to provide ad solutions across the UK. It will offer the complete range of taxi advertising formats, including graphic design and vinyl covers for seat-back… Continue reading HubAds Expands Into Taxi Advertising
The Financial Times has appointed Gill Hart to the position of marketing director for the Europe, Middle East and Africa (EMEA) region.The role includes responsibility for all marketing strategy and activity in the EMEA region, which covers the FT newspaper and FT.com in the UK.Hart was previously marketing and operations director for the Financial Times… Continue reading FT Appoints Hart As Marketing Director For EMEA Region
United Business Media has added to its stable of construction magazines with the acquisition of Aprovia UK for £79 million.The deal will see Aprovia, which includes The Builder Group and Barbour Index, integrated into UBM’s CMP Information division. It was bought by venture capitalists Cinven, Carlyle and Apax from Vivendi Universal in June 2002.The Builder… Continue reading UBM Builds Up Portfolio With Aprovia Acquisition
