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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.… Continue reading UBM Builds Up Portfolio With Aprovia Acquisition

After months of debate and a string of eleventh hour amendments the Government’s long awaited Communications Bill has finally become law, signalling what could be the biggest shake-up of the media industry for decades. The Bill’s eight month passage on to the statute books was far from straight forward and it was feared that disagreements… Continue reading Parliament Finally Green Lights Communications Act

First half revenue growth at UK outdoor advertising company, Maiden Group, is expected to be at the top end of the previously forecast 3-5% range, the group said this morning. However, it also noted that the difficult trading conditions have continued into the second quarter of the year and that forward visibility remains limited, with… Continue reading Maiden Sees Continuing Weak Conditions In First Half

Nahed Ojjeh, the wealthy Syrian investor who has built up a 10% stake in Cordiant Communications, has received a stern rebuke from the Takeover Panel for failing to declare her acquisitions in a prompt fashion. Cordiant is the subject of a takeover bid by WPP (see WPP Seals £266m Cordiant Takeover) and in such instances,… Continue reading Ojjeh Reprimanded Over Cordiant Dealings

BSkyB was seen in focus yesterday, falling 2.05%, despite forecasts from the Lehman Brothers that it will announce a further 128,000 customers to its digital satellite service when its releases its full-year financial results next month (see Forecasts Suggest BSkyB Results Will Beat Consensus).Emap was also in the spotlight, with shares falling by 1.81% to… Continue reading Sharewatch: Growth Forecasts Fail To Lift BSkyB

Emap is launching a national TV and radio advertising campaign to promote its weekly teen gossip magazine, Sneak.The month-long campaign, designed by Mother, begins later this week with targeted spots across digital and terrestrial TV channels. On air activity will run across Kiss, Big City, The Smash Hits Chart and Emap’s range of digital radio… Continue reading Emap Sneaks Phone Booths Into New National Ad Campaign

After months of debate and a string of eleventh hour amendments the Government’s long awaited Communications Bill has finally become law, signalling what could be the biggest shake-up of the media industry for decades.The Bill’s eight month passage on to the statute books was far from straight forward and it was feared that disagreements between… Continue reading Parliament Finally Green Lights Communications Act

BBC Worldwide has announced plans to close its Blue Peter magazine for five to eight year-olds, just over two years after its launch.The last issue of the 32-page title, which featured presenters from the UK’s longest running children’s TV show in a regular comic strip, as well as photo features, recipes and competitions, will be… Continue reading BBC Worldwide Calls Time On Blue Peter Magazine

BARB’s chief executive, Caroline McDevitt, has announced her intention to step down at the end of the year after five years in the job.During her time at BARB, McDevitt has overseen the implementation of a controversial new television audience measurement system and panel for the UK (see BARB Presents New Research System).Commenting on her departure,… Continue reading McDevitt To Step Down As Chief Executive Of BARB

Subscriber growth at BSkyB is set to beat consensus expectations when the group releases its full-year financial results on 11 August, according to Lehman Brothers analysts.The broker forecasts that Sky will add a further 128,000 customers to its digital satellite service, taking the total to 6.84 million. This growth prediction is at the top end… Continue reading Forecasts Suggest BSkyB Results Will Beat Consensus