ITV’s efforts to attain carriage for its flagship channel, ITV1, on digital satellite, were boosted today by the tabling of an Early Day Motion (EDM) by MP Chris Bryant, the Labour member for the Rhondda, which formed part of his campaign to get ITV1 carried on Sky Digital by Christmas.Bryant points out that in some… Continue reading MP Calls For End To Digital Deadlock
JCDecaux has launched a strategic client sales unit to offer creative advice to advertisers and emphasise the opportunities available in outdoor.The unit will work with clients to inform them of the developments in both large and small format advertising and will advise brands on how make the most of their marketing plans. The department will… Continue reading JCDecaux Launches Client Sales Unit
Global media giant AOL Time Warner defied the current advertising malaise by reporting a Q3 earnings increase of 20%. AOL Time Warner CEO Jerry Levin once again (see AOL Confident That Adspend Slowdown Has Arrested) cited diversity of interests as the reason why his company had managed such a healthy performance in such poor conditions.… Continue reading AOL Time Warner Reports Q3 Earnings Up 20% To $2.5 Billion
Pearson has warned investors that, if there is no improvement in market conditions, profits at FT Group could fall by as much as 40% for the full year as ad revenues are hit across the group. In a statement this morning the group said that advertising cancellations coupled with a decline in new business generated… Continue reading Pearson Warns That FT Profits May Fall By 40%
Channel 5 has escaped censure from the ASA after the authority refused to uphold complaints against a cartoon-style ad for the channel’s UEFA Intertoto Cup coverage, which featured Neil and Christine Hamilton.The advert, which appeared in the Daily Express and the Daily Mail at the same time as the allegations surrounding the Hamiltons, pictured Neil… Continue reading Channel 5 Escapes Hamilton Ad Censure
Cable company, Telewest Communications, is to receive £125 million of additional funding from GE Capital as part of the company’s £2.25 billion bank facility. The capital represents half of a £250 million commitment from institutional investors, as announced in March (see Telewest Signs £2.25bn Refinancing Deal) Charles Burdick, group finance director of Telewest, said: “This… Continue reading Telewest Receives
As Nigella and Jamie have elbowed Delia out of the TV kitchen, it seems that we’ve become a nation of foodies. Or at any rate, a nation who like to read about and look at pictures of lemongrass and polenta, even if we’re still eating Pot Noodles. The supermarkets, where those of us unable to… Continue reading Feature: Feeding The Foodie Habit
Tempus Group have, this morning, issued a response to WPP’s attempts to withdraw from their proposed offer for the group last week (see WPP Seeks Escape From Tempus Deal). Tempus said: “On the basis of the submission made by WPP, which Tempus has been permitted to see, the Board of Tempus is firmly of the… Continue reading Tempus Says ‘No Grounds’ For WPP Withdrawal
Reuters, which announced a further 500 job cuts form its global workforce yesterday saw shares fall 7.08% to finish at £6.04, a loss of 46p on the previous day.Pearson, which is today expected to release a downbeat trading statment highlighting a deterioration in ad revenue acosss its newspaper and TV interests, saw stock drop 2.21%… Continue reading Sharewatch
US e-commerce spend jumped by 54% in September to $4.7 billion, according to a report released yesterday by Nielsen//NetRatings and Harris Interactive. Just under 39 million people in the US bought something online last month, a new record according to the research companies’ Interactive eCommercePulse measurement system. However, spend was actually down 14.7% month on… Continue reading Number Of US Online Buyers Peaks In September
