Time Inc has announced the completion of its acquisition of IPC Group Limited, the parent company of IPC Media, from Cinven. The purchase price is £1.15bn, including the cash in the company.The deal was announced in July (see AOL Buys IPC Media For £1.15bn), following months of speculation about possible talks, thought to be held… Continue reading Time Completes £1.15bn IPC Takeover
AOL Time Warner has announced the completion of its acquisition of IPC Group, the parent company of IPC Media, from venture capitalist firm Cinven (see AOL Takes IPC Media For £1.15bn). The purchase price is £1.15 billion, including the cash in the company. The deal was announced in July, following months of speculation about possible… Continue reading AOL Time Warner Completes £1.15bn Acquisition Of IPC
The IPA’s Bellwether report has suggested that the advertising slowdown could be shortlived (see IPA Bellwether Says Downturn Will Be Brief), and yesterday’s media stocks reflected this optimism.Shares in Reuters staged a recovery, after Tuesday’s falls, caused by a downbeat trading statement, rising 51p to end at £6.55. Pearson was also among the better performers,… Continue reading Sharewatch
According to Accenture, e-commerce is thriving in Europe despite the lingering threat of recession. “The Unexpected eEurope” published this week, found that 60% of senior European executives surveyed said that they planned to increase eCommerce spending by an average of 15% over the next year. A further 49% said that they expected to be exploiting… Continue reading U-Commerce, The Next Big Thing?
Capitalone.co.uk was home to the most popular banner ad during August, gaining exposure among 3,082,000 individual at home internet users and achieving 21.7% digital reach. The online bank dominated the lower end of the table hosting the seventh, eight and ninth most popular banners throughout the month. MSN.co.uk dominated the rest of the table and… Continue reading New Media Round-Up
ITN has reportedly called on the Government to preasurise the BBC into bringing back the Nine O’Clock News.According to press reports ITN sent a briefing note to Downing Street arguing that the BBC’s News At Ten was failing to attract viewers and should be restored to its original 9pm slot.The BBC moved its flagship 9pm… Continue reading ITN Attack BBC News At Ten
Tempus Group have, this morning, issued a response to WPP’s attempts to withdraw from their proposed offer for the group last week. 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 view that there are no grounds for… Continue reading Tempus Says ‘No Grounds’ For WPP Withdrawal
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
