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Cable & Wireless has ended speculation over the identity of its new chief executive by appointing Francesco Caio to replace outgoing CEO Graham Wallace. Caio was the founder and boss of IP service provider, Netscalibur. He is joined at C&W by Kevin Loosemore who moves into the new position of chief operating officer. Loosemore was… Continue reading C&W Brings In Caio To Steady The Ship

Granada was seen in focus yesterday after a positive note from Investec, which advised clients to build positions on war-related weakness. Investec claims only a “small amount” of advertising has been pulled because of the war in Iraq. The stock was seen up 5.26%.However, Granada’s chief executive, Charles Allen, had little to smile about after… Continue reading Sharewatch: Granada Rises On Positive Forecasts

Emap has today announced the proposed acquisition of Excelsior, the French publisher, in a deal worth €90 million. Excelsior owns a number of consumer magazines, which fall into the categories of science and knowledge, women’s fashion and men’s lifestyle. Emap will also take a 70% share in Excelsior Publicite Interdeco, which carries out advertising sales… Continue reading Emap Raises Profile With French Acquisition

Geoffrey Russell, director of media affairs at the IPA, discusses how the continuing war with Iraq will affect the already battered advertising industry.The UK advertising industry does not like publicly voicing concerns about potential falls in media expenditure. In a world in which client confidence is all too easy to shake, worries, once expressed, have… Continue reading NewsLine Column: Counting The Cost Of Conflict

The European Commission has conditionally approved the acquisition of Telepiù by News International paving the way for the formation of Sky Italia. The decision marks the end of a five-month investigation which sought to determine whether the purchase of the Vivendi-owned operator would result in a monopolistic market (see EC To Investigate Telepiu Takeover). Rupert… Continue reading Murdoch To Rule The Roost Over Italian Pay-TV Market

The Sun is reportedly planning to increase its cover-price this week after the rival Daily Mirror called an end to the ongoing price war that has taken its toll on both titles.News International, the Sun‘s parent company, is yet to comment on the speculation, but the Guardian suggests that the tabloid will immediately increase its… Continue reading Sun Reportedly Planning Cover-Price Rise

As the war enters its third week, marketers are becoming increasingly anxious to assess the impact it is having on business. This is a difficult task and the best advice seems to be to sit tight and see what happens in the short term. According to Jack Myers Report, upfronts were hot in the early… Continue reading Myers Sticks To Adspend Forecast Despite Uncertainty

Emap has today announced the proposed acquisition of Excelsior, the French publisher, in a deal worth €90 million.Excelsior owns a number of consumer magazines, which fall into the categories of science and knowledge, women’s fashion and men’s lifestyle. Emap will also take a 70% share in Excelsior Publicite Interdeco, which carries out advertising sales for… Continue reading Emap Raises Profile With French Acquisition

Britons are more concerned about the cost of using mobile phones than is widely acknowledged and this could scupper the 3G aspirations of UK operators, according to a new report from The Work Foundation The iSociety Research product, MobileUK: Mobile Phones and Everyday Life found that mobiles are now an integral part of modern society… Continue reading The Public Is Too Prudent For 3G, Says Report

Mirror Group Newspapers is launching a pilot issue of a combined magazine and catalogue for the over 50s, entitled Time To.The debut issue will be mailed out to over 100,000 specially targeted readers from the company’s opt-in database. The magazine’s 24 pages will contain a combination of special offers, such as travel promotions and features… Continue reading Mirror Pilots New Magazine For The Over 50s