Emap is integrating its digital ad sales division into its main advertising team and is cutting four jobs as a result.The move will see the internet and SMS ad sales teams become part of the cross media advertising sales group, which handles advertising across Emap’s entire portfolio of interests from magazines to television programmes.A spokeswomen… Continue reading Emap Cuts More Digital Staff
French media group Vivendi Universal yesterday announced losses of E13.6 billion, largely due to deal-making by Vivendi CEO Jean-Marie Messier in order to build the company into the second largest media group in the world. The deals, made during market peaks over the past 18 months, have resulted in a huge write-off for Vivendi as… Continue reading Write-Offs Push Vivendi £8.3 Billion Into The Red
Havas Advertising has this morning announced full-year results for 2001 which revealed losses of £35.3 million including a £42 million goodwill write-down and £63 million in exceptional charges for the year. The group said that the advertising market would remain ‘weak’ in 2002 but anticipates that reorganisation, cost-cuttings and new business wins would allow Havas… Continue reading Havas Losses For 2001 Total £35.3 Million
Granada lost ground gained on Monday following weekend press reports that German media group Bertelsmann is looking to extend into the UK and could be interested in both Carlton and Granada if the two companies were to agree to a merger. Shares fell 3.85% yesterday to close at £1.25, a loss of 5p on the… Continue reading Sharewatch
“2001 was the year of internet advertising”, according to chairman of the IAB, Danny Meadows-Klue, who says that online is becoming an increasingly popular choice for brands struggling to cope with tightening marketing budgets.Figures from online advertising monitor, LemonAd, show that more than 64,000 electronic ad campaigns were run during the course of 2001 and… Continue reading Feature: Online Advertising Comes Of Age
NTL is launching a new broadband internet service for residential users which it claims is the UK’s “fastest ever.”The new 1-Megabit service, which according to NTL is up to twenty times faster than a normal dial-up internet connection, will be unveiled on 11 March and will be provided through a combination of a powerful cable… Continue reading NTL Unveils UK’s Fastest Internet Service
Amazon.com’s European marketing director Tom Allchurch has left the company just weeks after it reported its first quarterly profits.Allchurch left the internet retailer, which is generally regarded as the world’s biggest online brand, last month and is not thought to have another job to go to. UK managing director, Robin Terrell and vice president for… Continue reading Amazon’s European Marketing Chief Departs
Jazz FM has reported a 9% rise in radio revenues for the six month period ending December 2001, despite the radio market as a whole experiencing a 9% drop.Announcing its interim results today, the radio group admitted that its listening figures had been adversely affected by the war in Afghanistan as the world events following… Continue reading Jazz FM Reports Revenue Rise
Maiden Outdoor is relaunching its 96-sheet billboards in London and is planning a campaign to promote the brand building potential of the format to advertisers and media buyers.As part of the relaunch, which takes place on 1 April, the company is investing in two new 96-sheet scrolling billboards on the A40 and is planning to… Continue reading Maiden Relaunches London 96-Sheet Billboards
According to the latest Advertising Confidence Index report from Jack Myers, newspapers and consumer magazines will be the last media sector to recover from the current downturn. Print media was ranked last amongst all media types as being the sector least likely to experience ad revenue growth in the next twelve months. Confidence in newspaper… Continue reading Press Will Be Last Sector To Recover Says Myers
