More Uk articles

Media and information group, Reuters, has this morning posted a pre-tax loss of £88 million, with profits hit hard by losses at Instinet, the company’s electronic securities trading division. The figures cover the six months to 30 June 2002. Instinet saw operating losses of £5 million on revenues down by 38% year on year; the… Continue reading Reuters Tumbles Into H2 Loss, Hit By Instinet

As the fallout from the WorldCom scandal continues, UK media shares dropped in value once again during yesterday’s trading. BSkyB was among the worst sufferers, losing 6.47%, while WPP dropped 5.56%.Ahead of the interim results it released today, Reuters also suffered, shedding 24˝p or over 7.5% of its value compared to the closing price on… Continue reading Sharewatch

The Office of Fair Trading (OFT) has cleared Clear Channel UK’s acquisition of Scottish Radio Holdings’ outdoor advertising business, Score Outdoor, it was announced this afternoon. The deal was agreed in May for an initial price of £33.5 million cash (see Score Outdoor Sale To Create Third Force In UK Market).

H Bauer and consumer sales house The Publishing Consultancy (TPC) are to launch the first online presence for either company in the UK.The dual branded site has been developed by MediaTel Interactive and aims to provide users with information on H Bauer’s magazines including editorial positioning, target market, circulation and readership details, along with easy… Continue reading H Bauer Launches First UK Online Presence

Jean-René Fourtou, the new chief executive of Vivendi Universal, yesterday met with senior management for a strategic review amid speculation that he is planning to sell off parts of the debt-ridden media group. Vivendi is some E16.7 billion in arrears and talks over a financial rescue package are ongoing. Nonetheless, the FT reports that the… Continue reading Vivendi Assesses Break Up Options

With the advertising downturn putting the squeeze on marketing budgets and companies demanding greater return on investment from their advertising campaigns, Kevin Kerrigan, COO of online tailored directory and search solutions company BTLookSmart, looks at how search targeted marketing is becoming an increasingly attractive option.“Stuck in a rut” was the Financial Times‘ description of UK… Continue reading NewsLine Column: A New Phenomenon In Advertising?

US interactive spending by the consumer and business-to-business sectors is set to double in the next four years, according to the Direct Marketing Association (DMA). Spending on direct marketing with interactive media is set to reach $8.4 billion in 2006, an increase from the projected $4.04 billion for 2002. In the meantime, interactive media sales… Continue reading US Companies Turning To Interactive Marketing, Says DMA

The Advertising Association’s 2002/03 Media Pocket Book has been published this week by the World Advertising Research Center. The book, which contains data from sources including BARB, Mediaedge:cia, Jupiter MMXI and Nielsen Media Research, contains mixed news for the media industry, which is still suffering from the downturn in advertising revenue.According to the Media Pocket… Continue reading Mixed News For Media Industry In AA Pocket Book

Advertising and sponsorship on the internet is being allocated higher budgets by a majority of UK marketers in the second quarter of 2002, according to an analysis of data released by the Institute Of Practitioners in Advertising (IPA) last week in its Bellwether Report (see Insight Analysis: Bellwether May Show Slowly Returning Confidence). In the… Continue reading Insight Analysis: Internet Remains A Very Small Proportion Of UK Marketing Budgets

John Pluthero, founder and chief executive of internet service provider, Freeserve, is leaving the company to become the next CEO of telecoms group Energis.Pluthero was instrumental in the establishment of Freeserve while head of strategy at Dixons, from which it was born. He oversaw the group’s acquisition by French internet company Wanadoo (see Freeserve Sold… Continue reading Pluthero Quits Freeserve For Energis