European newspaper advertising is expected to fall by 3.4% in 2002, whilst consumer magazine revenues drop by 3.6%, according to Zenith Media figures.Also On MediaTel Insight Today…Online Population Watching Less Television, Says Report Approximately 40% of US internet users spend more time online than they do watching TV, according to new research from BURST! Media.Europe’s… Continue reading MediaTel Insight: European Press Advertising Forecasts
Shares in Cable & Wireless rallied this morning following reports that the troubled telecoms group is being marked for takeover. According to the Financial Times, an approach was made last month by Pacific Century Cyberworks, a Hong Kong telephone company owned by Richard Li. The paper says that a £2.4 billion bid was tabled but… Continue reading C&W Subject Of Takeover Speculation
Emap Communications, Emap’s B2B division, has acquired AGOR SAS (AGOR), a market leading independent exhibition business serving the domestic French retail sector. It will pay £21.2 million for AGOR, which operates in the volume, gifts and clearance goods markets. Emap says that the French focus of the AGOR business will complement Emap Communications existing positions… Continue reading EMAP Acquires French Exhibitions Business
Channel Five has confirmed the appointment of Jane Lighting as its new chief executive, replacing Dawn Airey, who stepped down to join Sky Networks last year (see Airey Leaves Channel 5 Top Post For BSkyB). Lighting has over twenty years experience in the TV industry and is currently head of Telewest’s pay TV business, Flextech,… Continue reading Channel Five Names Lighting As New Chief Executive
Shares in BSkyB tumbled yesterday after a Banc Of America Securities analyst warned that the satellite broadcaster’s customers are increasingly downgrading their subscriptions to cheaper packages. The broker placed a Sell rating on Sky, claiming that 700,000 top-tier subscribers downgraded their TV packages last year following price increases. Analyst Sean Eddie questioned whether Sky would… Continue reading BSkyB Shares Hit By Broker Worries
Venture capitalists are believed to be circling around Carlton and Granada, assessing the prospect of making a bid for the ITV partners ahead of their planned £2.6bn merger. It is understood that the former head of Channel Five, David Elstein, has been discussing the possibility of a take-over bid with a consortium of VC firms.… Continue reading Venture Capitalists Eye Carlton And Granada
The RTL Group has today confirmed the appointment of Gerhard Zeiler as its new chief executive in succession to Didier Bellens (see RTL Chief Leaves For Pastures New). Zeiler takes up the post with immediate effect but will also continue as chief executive of German broadcaster RTL Television. He is thought to be close to… Continue reading Zeiler Takes The Helm At RTL
The ASA has dismissed complaints against a national press ad for the new Vauxhall Corsa, despite allegations that it encouraged dangerous driving.The ad was headlined “Put the fun back into driving” and featured a car apparently travelling at high speeds above a picture of a model race track. Complainants objected that the reference to driving… Continue reading ASA Green-Lights Vauxhall Corsa Press Ad
Cordiant Communications, the troubled owner of the Bates Worldwide advertising network, was seen in focus yesterday after confirming that a partial break-up of the group is underway, beginning with its Australian operations. The stock was the media sector’s biggest riser, seen up 5%.Elsewhere, Reuters was under pressure after Deutsche Bank slashed its profit forecasts for… Continue reading Sharewatch: Cordiant Improves On Take-Over Speculation
In today’s cluttered media landscape the possibility of advertising overload is increasing and ad-weary consumers appear to be going to greater lengths to avoid the constant stream of marketing messages. However, new research from the RAB reveals that ad avoidance for radio is lower than for any other medium.The Radio Days 3 study into radio… Continue reading Feature: Consumers Stay Switched On For Radio Ads
