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As rumoured in the press yesterday, Granada’s chief executive Steve Morrison is to leave the company at the end of September, it was confirmed this morning. Current chairman, Charles Allen, is to take Morrison’s role heading up the company, also as expected. Morrison’s departure is thought to have been pushed through following shareholder dissatisfaction at… Continue reading Morrison Ends 28 Year Tenure At Granada

Conditions in the UK advertising market continue to be difficult, according to a first half financial results statement from publishing group Highbury House Communications, released this morning. The group says that compared with the current trading conditions, those of H1 2001 were reasonably favourable, with the major downturn not occuring until the second half of… Continue reading Highbury Sees No Improvement In Difficult Ad Conditions

Pre-tax losses at magazine publisher I Feel Good (IFG) dropped from £1.1 million in the first half of 2001 to £285,000 this time, the group announced this morning. Operating loss fell from £1.2 million to £169,000 during the period. IFG publishes men’s magazine Jack, along with Viz, Bizarre, Fortean Times and Leeds, Leeds Leeds, all… Continue reading I Feel Good Figures Look More Pleasing In First Half

First half pre-tax profits at Johnston Press jumped by 25.2% to £50.6 million, boosted by the acquisition of Regional Independent Media (RIM) in March this year (see Johnston Press Acquires RIM Newspaper Business). In financial results released this morning the regional publisher reported that advertising revenues rose by 1.2% on a like for like basis… Continue reading Johnston Press Sees Positive First Half Figures

Media stocks put in a solid performance on Tuesday despite concerns of a US attack on Iraq and conflicting data weighing in on Wall Street.Granada remained in focus on mounting rumours that chief executive, Steve Morrison, will leave later this week in a move which will allow Charles Allen to strengthen his grip as executive… Continue reading Sharewatch

The ASA has upheld complaints against a Pot Noodle poster which ran alongside a heavily criticised television campaign (see ITC Upholds Complaint Against Pot Noodle).The poster depicted a bombay-bad-boy flavour pot noodle, with the red neon slogan “hurt me you slag” above it. The ASA received a total of 286 complaints claiming the poster was… Continue reading ASA Criticises “Irresponsible” Pot Noodle Posters

Television has long been regarded as the holy grail of big-brand advertising with the majority of marketers needing little persuasion to commit their budgets to expensive on-air campaigns. However, the downturn has hit the industry hard and as revenue continues to slide, analysts suggest that advertisers are looking elsewhere to get more bang for their… Continue reading NewsLine Feature: Are Advertisers Turning Off Television?

Carlton Screen Advertising has renewed its contract with UCI cinemas allowing it continue selling advertising across UCI’s 386 cinema screens in the UK.UCI, which specialises in multiplex cinemas, has been part of Carlton Screen Advertising’s portfolio since 1985. The company’s current portfolio includes AMC, Odeon, Cineworld and 65% of all independent UK cinemas.UK cinema admissions… Continue reading Carlton Screen Advertising Retains UCI Contract

Anne Sweeney, president of Disney Channel Wordwide and ABC Cable Networks, has ruled out the possibility of Disney acquiring UK broadcasting assets in the near future.Sweeney, who is generally regarded as one of the most powerful TV executives in the world, used her keynote speech at this year’s Guardian Edinburgh International TV Festival, to welcome… Continue reading GEITF 2002: Disney Rules Out UK Broadcasting Acquisitions

As rumoured in the press yesterday (see Morrison Could Leave Granada Within A Matter Of Weeks), Granada’s chief executive Steve Morrison is to leave the company at the end of September, it was confirmed this morning. Current chairman, Charles Allen, is to take Morrison’s role heading up the company, also as expected.Morrison’s departure is thought… Continue reading Morrison Ends 28 Year Tenure At Granada