Chime Communications, owner of advertising agency HHCL and financial PR firm Bell Pottinger, has made a gloomy assessment of the current market situation, but is confident of its own future in the light of a recent cost-cutting drive.“Whilst we can see no improvement in market conditions at the moment, we believe that Chime is well… Continue reading Chime Strikes Glum Note On Market Conditions
Regional newspaper group Johnston Press has acquired travel publishing company, Days Out UK and plans to integrate the business into its regional newspaper and online publishing activities.The acquisition will give Johnston Press access to the travel publisher’s database of UK visitor attractions and special events as well as its principle publication, Days Out UK. Based… Continue reading Johnston Press Acquires Travel Publisher
ITV Digital’s future is likely to involve partnerships, according to Carlton chief executive Gerry Murphy, but to what extent they will be with rival BSkyB is still not clear.At the release of Carlton’s full year results yesterday (see Carlton Losses Mount As More Jobs Go), Murphy spoke of the Government’s digital action plan as “encouraging”… Continue reading ITV Digital May Form Partnerships
Channel 4 is restructuring its Commercial Development division in an attempt to strengthen its relationship with independent producers and generate new revenue streams.The division, part of Channel 4’s commercial arm, 4 Ventures, is to be renamed Consumer Products and will continue to be overseen by Channel 4’s managing director of marketing, Polly Cochrane.Cochrane said: “The… Continue reading C4 Restructures Commercial Development Division
The Zenith Optimedia Group released its annual December forecasts yesterday and provided a glimmer of hope for the advertising industry by forecasting a small rise in advertising expenditure in 2002. World Advertising Expenditure Summary ($ current prices) 2000 2001 % change 2002 % change 2003 % change 2004 % change North America 149,572 141,039… Continue reading Global Advertising Forecasts From Zenith Offer Some Hope To Industry
Audited figures are the oil that makes the cogs of the advertising industry machine run smoothly. But should a lack of accountability keep newer forms of advertising on the sidelines, or should advertisers have the courage to encourage innovation, asks Anna Wise editor of MediaTel’s NewsLine.One of the major issues faced by younger media such… Continue reading Advertising By Numbers
Associated New Media (ANM), the new media arm of Associated Newspapers (ANL) launches its second attempt at a women’s web offering on 6 January. Initially meant as a relaunch of charlottestreet.com,femail.co.ukhas emerged with barely a trace of its forebear and is billed as a “2nd generation women’s web site”. The generation the site is aiming… Continue reading Associated New Media Readies For Launch Of New Women’s Website
Carlton Communications revealed a fall of 39% in core profits in its preliminary year end results, released today. Unsurprisingly the fall in advertising revenue was the prime reason for the slump although the burden of ITV Digital continues to weigh heavy on Carlton’s balance sheet.Around 100 hundred jobs are expected to go at Carlton, on… Continue reading Carlton Losses Mount As More Jobs Go
Carlton Communications revealed a fall of 39% in core profits in its preliminary year end results, released today. Unsurprisingly the fall in advertising revenue was the prime reason for the slump although the burden of ITV Digital continues to weigh heavy on Carlton’s balance sheet. Around 100 hundred jobs are expected to go at Carlton,… Continue reading Carlton Losses Mount As More Jobs Go
The Government has unveiled a series of initiatives designed to boost the uptake of broadband services in the UK.E-commerce Minister Douglas Alexander, has outlined the Government’s strategy to “map out a route forward for the UK’s broadband industry.” The strategy highlights the need for increased competition in the broadband market and proposes a joint Government/industry… Continue reading Government Unveils Broadband Initiatives
