More Uk articles

Recent news-flow suggests that the telecoms sector is set to experience a raft of job cuts, as companies seek to reduce debt and costs and boost revenues. NTL Cable company, NTL, has cut its workforce from 23,200 in October last year to 18,500 in October 2001. Further cuts are planned to take the headcount down… Continue reading Flurry Of Job Losses Set For Telecoms Sector

US retail sales dropped sharply last month, adding to fears that the economy there may be slipping into a full recession. According to figures from the Department of Commerce (DOC), retail sales were down by 2.4% month on month in September, much worse than had been expected. The DOC altered the way it calculates seasonal… Continue reading Full Recession Looms As US Retail Sales Fall 2.4% In September

According to the PPA, the latest long term figures from the Advertising Association forecast that for the period to 2013, consumer magazine advertising revenue will grow in real terms by between 28% and 50% rising to between £841m and £989m. The report ‘Long Term Advertising Expenditure Forecasts’ also predicts that, during the same period, business… Continue reading AA Forecasts Real Term Growth For UK Magazine Revenues

Former Labour party general secretary, Margaret McDonagh, has been appointed general manager of Express Newspapers.McDonagh will take up the role at the company owned by Richard Desmond, shortly and is expected to take charge of the Daily and Sunday Express, the Daily Star and OK! magazine. Her remit will not extend to the top shelf… Continue reading New General Manager Joins Express Newspapers

Sports internet and radio company, TEAMtalk has bought Atlantic 252 and plans to relaunch it as a sports based station called TEAMtalk 252.TEAMtalk paid £2m for RTL’s 80% stake in Atlantic 252 in a deal which is expected to be completed by the end of November. The remaining 20% of the station will continue to… Continue reading TEAMtalk Buys Atlantic 252

Emap has announced a new look for its clubbing title Mixmag. From November, the title’s look will be “more design led with a heavy and imaginative use of photography”. Changes have also been made to the editorial team, in the form of several promotions among existing staff.Although the title’s circulation slipped slightly period on period… Continue reading Mixmag Gets Makeover

Adshel has launched new campaigns for 2002 which include an initiative whereby advertisers will be offered lower costs in proportion to the share of outdoor campaigns booked on Adshel sites. This approach is a first for the outdoor sector, but reflects the way the rest of the advertising industry operates.Julie France, Adshel’s managing director, explained:… Continue reading Adshel Introduces Share Trading To Outdoor

As expected, radio and sport internet company TeamTalk has acquired an 80% stake in the Atlantic 252 radio station. The interest has been sold by pan-European broadcaster RTL, with the remaining 20% in Atlantic held by Irish state broadcaster RTE. The acquisition of the Atlantic stake, for £2 million, represents a considerable addition to Teamtalk’s… Continue reading TeamTalk Takes 80% Stake In Atlantic 252

BSkyB has reached an agreement with German media group, Kirch Pay-TV, not to exercise its rights to sell its minority stake in Kirch until 2003, according to a report in this morning’s Financial Times. BSkyB, owned ultimately by Rupert Murdoch’s News Corporation, holds a 22% stake in Kirch. It has the right to sell this… Continue reading BSkyB To Hold Off Sale Of Kirch Stake, Say Reports

Dow Jones, the US publishing group which owns the Wall Street Journal, has reported Q3 financials slightly ahead of previously lowered figures, but warned that the final quarter could be down on estimates if the current market conditions continues, as is expected. The WSJ has seen its advertising revenues substantially knocked so far this year… Continue reading Tough Ad Market Continues To Hit Dow Jones