Conditions in the first five months of this year have led Don Cruickshank, chairman of SMG, to be cautious about the remainder of the media group’s year, according to the company’s AGM today. Cruickshank told the meeting that a recovery which began in the second half of last year, began to stall in the early… Continue reading SMG Sees No Material Advertising Recovery Until 2004
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While ITV powerhouses Carlton and Granada remain embroiled in a protracted struggle to save their merger plan, the minority TV groups are going quietly and efficiently about their business. Ulster Television’s AGM took place today and shareholders have been be told that the group remains on target to outperform its high profile peers.In ‘challenging’ conditions,… Continue reading Ulster TV Outperforms ITV In First Quarter
Cordiant remained in the spotlight yesterday after reports that its clients want the advertising group to seek “an industry partner” in its attempt to claw back some money for its investors. The stock was seen up 29.17%Meanwhile, allegations of corporate greed remained in focus on news that WPP’s chief executive, Sir Martin Sorrell, is facing… Continue reading Sharewatch: Cordiant Up On Hopes Of ‘Industry Partnership’
Cordiant Communications has made clear that it aims to find an industry partner rather than undergo thorough restructuring that would enable it to continue as a standalone company. The troubled advertising group said in a statement yesterday that discussions with clients were at an ‘advanced stage’ and there was consensus over the need to find… Continue reading Cordiant Committed To Buyout Strategy
The age-old adage that bigger is always better applies to many things, but not, it seems, to radio, with the latest round of financial results showing that some of the UK’s smaller commercial operators experienced stronger advertising revenue growth than their larger competitors.Amongst the UK’s key commercial radio companies the smaller, but by no means… Continue reading Feature: Bigger Is Not Always Better In Radio
The media tycoon who had vowed to extricate Germany’s largest television broadcaster from the ashes of the Kirch empire has admitted defeat and withdrawn his offer. KirchMedia said today that it had abandoned plans to sell ProSiebenSat1 to the US investor Haim Saban. This comes less than three months after a Â2 billion deal was… Continue reading Kirch TV Deal Hits The Rocks
Fierce competition in the market for high-speed internet access means that UK consumers pay some of the lowest prices in Europe for residential broadband services, according to figures from communications regulator, Oftel.The latest international benchmarking survey shows that continued rivalry between service and network providers, such as BT, Freeserve, AOL and Telewest, has caused prices… Continue reading UK Consumers Pay Less For Broadband
Aside from a blip caused by war uncertainty in March this year, UK advertising has shown year on year growth in every single month since May 2002, according to data from Nielsen Media Research. Across the period, overall media spend rose by 3.8%, with television leading the way on 8.2% growth. Press remains the weakest… Continue reading INSIGHTanalysis: UK Media And Advertising Outlook
Aside from a blip caused by war uncertainty in March this year, UK advertising has shown year on year growth in every single month since May 2002, according to data from Nielsen Media Research.Across the period, overall media spend rose by 3.8%, with television leading the way on 8.2% growth. Press remains the weakest sector… Continue reading Light At The End Of The Tunnel For UK Advertising?
Fierce competition in the market for high-speed internet access means that UK consumers pay some of the lowest prices in Europe for residential broadband services, according to figures from communications regulator, Oftel. The latest international benchmarking survey shows that continued rivalry between service and network providers – such as BT, Freeserve, AOL and Telewest –… Continue reading UK Consumers Pay Less For Broadband
