The UK’s largest newspaper publisher, Trinity Mirror, this morning confirmed that advertising conditions have continued to deteriorate since 11 September, with national revenue declines of 10.1% and 20.7% in October and November respectively. The company says that it expects December’s figures to be much the same, losing the company the traditional Christmas boost to ad… Continue reading Trinity Mirror Misses Out On Christmas Bonus
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The growth in worldwide advertising expenditure is set to remain above 6% for the next three years, according to new forecasts published by global advertising group, Zenith Media. In 2000, growth is expected to accelerate to 6.5%, with levels in 2001 and 2002 holding above 6%. North America is set to be the fastest-growing region… Continue reading Worldwide Adspend Growth To Stay Above 6%
Robert Coen, director of forecasting at Universal McCann has released his latest ad industry forecasts for the US in which he forecasts that consumer media ad revenue will fall by 8.1% in 2001 and grow by 2.7% in 2002. Coen commented that 2001 “has been a year when problems were not foreseen and when things… Continue reading US Advertising Performance ‘Dismal’ In 2001, Says McCann’s Robert Coen
Press reports this morning suggest that Rupert Murdoch is considering a takeover of Germany’s largest commercial TV broadcaster Kirch Gruppe. The FT reports that sources close to Murdoch claim he is keen on making the deal, exploiting the ‘put’ option in his contract with Kirch (see BSkyB To Hold Off Sale Of Kirch Stake, Say… Continue reading Murdoch Rumoured To Be Interested In Kirch Takeover
In its pre-close trading statement, released this morning, European TV group RTL announced that full year earnings were expected to be some 35-40% lower than 2000 totals, due to the increasing deterioration in the European advertising market. Since the group announced interim results in September (see RTL Postpones Float As Results Are Hit By Ad… Continue reading RTL Statement Signals Further Decline In European Ad Market
Thursday proved another good day’s trading for media shares, with most stocks seeing increases. One exception was BSkyB, whose share price fell 43p to £8.93 after a downgrade from Goldman Sachs.Reed International was up 5½p at £5.97½ by the end of the day’s trading, following the release of a reassuring trading statement.The closing prices of… Continue reading Sharewatch
Culture Secretary Tessa Jowell is seeking views on the BBC’s new application for a digital television service to replace the evening schedule on BBC Choice.The BBC has submitted a new proposal after Jowell refused approval of the first one in September this year (see Government Says No To BBC3). She surprised a large number in… Continue reading Consultation Period Opened For BBC Choice
The IPA has responded to claims published in this week’s Campaign that it has “laid the foundations” for the creation of a “supergroup” that would represent all of the UK communications industry, incorporating the current IPA, the Sales Promotion Consultants Association, the Internet Advertising Bureau, the Public Relations Consultants Association and the agency section of… Continue reading IPA Plays Down “Supergroup” Claims
London Taxi Promotions has introduced a Super Stretch Limosine advertising service to its portfolio, and has already signed its first client- the city of New York. The company hopes the new service will be particularly attractive to advertisers looking for stunts or presence at trade fairs and launches.Asher Moses, managing director, explained how the New… Continue reading London Taxi Promotions Launches Limo Ads
Sony is to use a combination of SMS messaging, online adverts, magazine inserts and outdoor to create a treasure hunt promoting its Jak & Daxter game for the Playstation 2.The Eco Hunt game has been put together by TargetNMI and Flytxt. Magazine inserts in the Christmas issue of Future’s Official Playstation 2 Magazine will feature… Continue reading Sony Uses Text And Outdoor For Treasure Hunt
