Analysts at Lehman Brothers have upgraded their advertising growth forecasts for ITV, following the release of Carlton Communications’ financial results yesterday (see Carlton Profits Hit By Ad Slowdown And ITV Digital Failure). Whilst the results showed advertising down by 13% for the six months to 31 March 2002, the company said that there are now… Continue reading Lehman Upgrades ITV Ad Forecasts Following Carlton Results
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In an AGM statement, Maiden Group reiterated the forecast made in March that there would be a “gradual and measured recovery” in 2002.Maiden Group chairman Martin Boase said: “The performance of the Group is in line with our comments made at the time of the preliminary results at the end of March and in our… Continue reading Maiden Boss Forecasts ‘Gradual And Measured’ Recovery
UK magazine and website publishing group, Future Network, has cleared its debt burden, chairman Roger Parry told the company’s AGM this morning. The news follows a tough financial period for Future which was forced to close publications and reduce headcount in order to make cost savings.As of 30 April, the group had modest cash balances… Continue reading Future Network Shakes Off Debt
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The Radio Authority received 200 complaints about programming and advertising on UK commercial radio during the first quarter of 2002, according to its latest Programming And Advertising Review published today.Between January and April this year the authority received 67 complaints regarding programming and 133 concerning advertising and sponsorship. Eight programming complaints were upheld, compared with… Continue reading Radio Authority Receives 200 Complaints So Far In 2002
The ASA has refused to uphold complaints against a poster for the film Ali G Indahouse despite accusations that it encouraged young people to smoke cannabis.Those objecting to the poster, which featured Ail G holding up two cigarette papers against a smoke filled background, claimed that it associated the drug with a popular TV personality… Continue reading ASA Gives Ali G The Thumbs Up
Channel 5 is taking further steps to distance itself from its downmarket image by commissioning a series of art programmes.Following on from the success of its Great Artists series, the network has commissioned 28 half-hour arts shows, with subjects ranging from Caravaggio to the Bloomsbury group.The line up includes an eight part series, Every Painting… Continue reading Channel 5 Gets Serious With New Art Programmes
Yesterday was a day of mixed fortunes for the media sector as both Emap and Carlton announced gloomy results with signs of only a weak recovery in broadcast advertising.Emap, which posted a 6% rise in profits for the twelve months ending 31 March 2002 (see EMAP ‘Cautiously Optimistic’ On Future Trading), saw shares rise 1.74%… Continue reading Sharewatch
United Business Media’s US high-tech publishing division, CMP Media, has published advertising data for April which show volumes down 20.7% compared to a market down 36.1%. This is the latest in a trend of decline for the US technology publishing advertising market which has seen volumes fall by 41.1% in the year to date; CMP’s… Continue reading CMP Outperform High-Tech Market, But Ad Volumes Down 21% In April
Ambient has long been regarded as the black sheep of the outdoor media family and advertisers have viewed the medium, which seems to lack any hard and fast rules, with a certain degree of suspicion. However, newly released figures from Concord show that the sector’s revenue topped £100m during 2001 and with further growth predicted… Continue reading Feature: Ambient Media Makes Its Mark
