Viacom Outdoor has strengthened its senior sales team with the appointment of Martin Looney as head of client sales.Looney, formerly sport and digital sales director at the Press Association, will lead a team of seven responsible for handling the company’s major clients, which include Unilever, Nestlé and UIP.His appointment represents the completion of the company’s… Continue reading Looney Joins Viacom Outdoor As Head Of Client Sales
Consumer confidence in the internet appears to have reached a new high with figures showing that Visa customers made more than €2.5 billion worth of online purchases from European internet sites in the final quarter of 2002.Also On MediaTel Insight Today…UK Broadband Net Penetration To Approach 40% By 2008, Says Strategy Analytics The number of… Continue reading MediaTel Insight: E-Commerce Sales Skyrocket In Q4
Outdoor advertising group, JCDecaux has defied ‘difficult market conditions’ to post an increase in sales for 2002. The company announced today that revenues for the final quarter increased by 3% to €440.6 million while full year sales were up 2.2% to €1577.7 million. An overall rise of 7.6% in billboard advertising (5.6% in Q4) proved… Continue reading Billboard Ads Boost Revenues At JCDecaux
ITN has called for an amendment to the forthcoming Communications Bill that would allow a single company to take over the TV news provider. At present Carlton, Granada, Reuters, United Business Media and Daily Mail & General Trust each have a maximum 20% share in ITN. The Bill proposes a 40% limit but this would… Continue reading ITN Appeals For Relaxation Of Ownership Laws
Revenues at global advertising network, Publicis, jumped by 20.2% during the course of 2002, putting the group on course to hit its earnings targets for 2003. The figures, announced late yesterday, show revenues rising from €2.4 billion in 2001 to €2.9 billion in 2002. This rise was largely a result of the incorporation of the… Continue reading Publicis Revenues Jump 20% In 2002, Buoyed By Bcom3
Pacific Century Cyberworks, the Hong Kong-based company that had been linked with a move for Cable & Wireless, has pulled out of a bid for the troubled UK telecoms group. It was earlier reported that PCCW had tabled a £2.4 billion offer (see C&W Subject Of Takeover Speculation) but it has now ruled itself out… Continue reading PCCW Abandons Bid For C&W
Telewest Communications could be ready to merge with its cable rival NTL at the start of 2004, according to managing director Charles Burdick. In an interview with the Wall Street Journal, Burdick said that Telewest would complete financial restructuring in the second quarter and was on target to break even by the end of the… Continue reading UK Cable Operators Could Merge Next Year
Cable & Wireless was seen in focus after Hong-Kong based telecoms group, Pacific Century Cyberworks halted its attempted takeover of the group (see Cable & Wireless Subject Of Takeover Speculation), as many analysts had predicted. The stock was seen down 0.77%.Elsewhere, Scottish Media Group was in focus on reports that the chief executive of the… Continue reading Sharewatch: C&W Declines As Takeover Abandoned
RevenuesThe ongoing advertising downturn continued to take its toll on ITV1 during 2002, with revenue falling by 0.8% year on year. The heavy losses experienced during 2001 continued well into 2002. However, increased bookings for the World Cup boosted revenue from May onwards, with June seeing an 11.3% year on year increase. The year ended… Continue reading Annual TV Market Round-Up 2002
Telewest Communications could be ready to merge with its cable rival NTL at the start of 2004, according to managing director Charles Burdick.In an interview with the Wall Street Journal, Burdick said that Telewest would complete financial restructuring in the second quarter and was on target to break even by the end of the year.“Our… Continue reading UK Cable Operators Could Merge Next Year
