According to the DCMS and DTI, who jointly published the draft Communications Bill yesterday, the new legislation has the following functions: Establishes a new regulatory framework for the whole of the Communications sector. Transfers functions from the existing five regulators to OFCOM. Provides for further deregulation to evolve as markets change and streamlines the regulatory… Continue reading The Bill In Brief: The Changes To Come
US newspapers suffered predominantly flat or declining circulation in the last six months, according to data released by the US Audit Bureau of Circulations (ABC), as reported by the Wall Street Journal. Average daily circulation for the 820 titles on the audit declined by 0.6% across the period. Whilst New York papers were boosted by… Continue reading US Newspapers See Sales Slump
Outrider is to become the first digital marketing agency to independently audit its email advertising campaigns in an attempt to offer clients an increasing level of transparency.The audits will be carried out by ABC Electronic and will allow Outrider to verify and measure email campaigns on behalf of its clients. The company will be able… Continue reading Outrider To Audit Email Ad Campaigns
Carlton and Granada, which last week confirmed the closure of ITV Digital (see Door Set To Close On ITV Digital Services) and witnessed the resignation of ITV chief executive Stuart Prebble (see Prebble Steps Down From ITV), saw shares rise in week on week analysis. Carlton was up 1.45% to close at £2.44˝ and Granada… Continue reading Sharewatch
Havas Advertising has announced Q1 revenue of E501 million for 2002 representing organic growth of -5.5%. Revenue in Europe fell by -4.7% but the most severe downturn was in North America where revenue fell by -8.2%. Billings amounted to E3.343 billion for the quarter. Advertising brought in E183.7 million in Q1, a drop of 8.1%… Continue reading Growth At Havas Falls In Line With Forecasts
The draft legislation of the forthcoming Communications Bill has today been jointly published by Trade and Industry Secretary, Patricia Hewitt and Culture Secretary, Tessa Jowell. Proposed changes to the rules would allow the long-anticipated consolidation of ITV and would also pave the way for large newspaper companies, such as Rupert Murdoch’s News Corporation, to buy… Continue reading Draft Communications Bill Relaxes Cross Media Rules
The Guardian Media Group (GMG) has made a takeover offer for Jazz FM, the radio station confirmed this morning. GMG has tabled a £41 million offer for Jazz, representing 180p per share – a 30% premium on Friday’s closing price of 139½p. The offer has not yet been fully accepted and the Board of Jazz… Continue reading Guardian Media Group Makes £41m Offer For Jazz FM
Posterscope has launched a new ambient division called Hyperspace to focus on non-traditional out-of-home media.As well as carrying out research into how to plan and buy mainstream ambient campaigns, the division will concentrate on providing bespoke client solutions for new and developing outdoor opportunities.The division will be headed by Posterscope’s board account director Glen Wilson,… Continue reading Posterscope Goes Into Hyperspace
Magazines in Australia managed to hold a 6.8% share of adspend throughout 2001, despite overall media declining by AUS$566 million – a 6.2% drop from 2001 to AUS$8.4 billion, according to data from the Commercial Economic Advisory Service of Australia (CEASA), as reported by FIPP. Magazines’ 6.8% share of the market represents AUS$566 million, which… Continue reading Australian Mags Hold Market Share, Newspapers And TV Decline
Viewing figures for the BBC’s coverage of the FA Cup final have reportedly hit a record low with just 6.3 million people tuning in to watch Arsenal play Chelsea on Saturday.The match, which was shown as part of a five and a half hour programme on BBC1, drew an average of 6.3m viewers, around half… Continue reading BBC Shoots Wide With FA Cup Final Coverage
