Shareholder pressure has finally forced the resignation of Deutsche Telekom’s chief executive, Dr Ron Sommer. The German government, which has a 43% stake in the company, initially put the heat on Summer after a spending spree resulted in debts of E67 million. Dr Sommer announced his decision at a meeting of the company’s supervisory board… Continue reading Deutsche Telekom Chief Exits The Fray
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The ASA has rejected complaints against a text message ad for O2’s chat and dating service despite claims that it encouraged young people to engage in phone conversations with strangers.The advertisers denied the claims and argued that a number of controls had been put in place to prevent the text chat room service from being… Continue reading ASA Clears O2 Text Message Ad
UK advertising will grow by 2.3% in the second quarter of this year, dropping to 2.1% in Q3 and rising to 4.6% in Q4, according to the latest, revised forecasts from the Advertising Association. The new forecasts are more positive than the previous set, published in March, which had predicted a 0.5% increase in Q2,… Continue reading AA Revises Forecasts Up In Light Of Improving Climate
Turbulence continued on both US and UK stock markets yesterday and media shares were caught in a downward spin.Among the worst hit was radio group Chrysalis which dropped more than 10% of its share price by the end of the day’s trading. RTL dropped 12.5% and Telewest 11.1%.There were few exceptions to the negative trend,… Continue reading Sharewatch
Internet usage increased in most Western European countries during May, according to the monthly figures issued by NetValue. Germany now has over 17 million home internet users, the highest number in Europe, with the UK behind on 16 million users. Germans are also among the most enthusiastic web users and log on for an average… Continue reading Germany Tops Web Usage Table
The confidence of marketers may be gradually returning in the UK, with more marketing budgets being revised upwards during Q2 than in any quarter since Q1 2000. This is one of the findings of the latest edition of the Bellwether Report published by the Institute of Practitioners in Advertising (IPA). However, the survey also finds… Continue reading Feature: Bellwether May Show Slowly Returning Confidence
Revenues from advertising on interactive television will increase by an average annual rate of 114% in the US over the next three years, according to TRACE strategies, a Boston-based research firm. In a report issued this week, TRACE projects that interactive TV advertising will be worth $2.1 billion in 2005, equivalent to 6.3% of total… Continue reading Interactive TV To Strike It Rich Stateside
Natmag has announced the appointment of Francesca Lewis as PR manager for the newly created publishing group consisting of Country Living and Good Housekeeping. Lewis is currently PR manager for Good Housekeeping and will expand her role to include Country Living with immediate effect.Lewis, who joined Natmag last year, will be responsible for maintaining the… Continue reading Extended Role For Good Housekeeping PR
Emap’s rock music magazine Kerrang! has launched as a radio station in Birmingham and will transmit on a special restricted service licence throughout July and August.The station, which launched last weekend, will broadcast classic and contemporary rock from the grounds of Birmingham City Football Club and will feature regular programmes such as Kerrang Klassics, Kerrang… Continue reading Emap’s Kerrang! Rocks The Airwaves
The latest figures on national newspaper circulation, released by ABC, show that overall the market did not see a great change in the number of copies sold, showing that the timing of World Cup matches in June did not work in newspapers’ favours. More titles lost ground than gained it during June compared to May.The… Continue reading ABC National Newspaper Round-Up – June 2002
