WPP this morning made clear its intentions regarding Tempus Group, confirming that an offer of 555p-a-share had been made (see WPP Poised To Make Counter Bid For Tempus). This values Tempus at £440 million, an increase on the 541p-a-share offer made by Havas in July (see Tempus Shares Soar On Havas Takeover Reports) which put… Continue reading Tempus Confirms WPP Offer
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Global advertising and communications group, WPP, has this morning posted interim financials in line with expectations, at the same time confirming a 555p per share offer for UK-based media and communications group Tempus (see Tempus Confirms WPP Offer). Pre-tax profit at WPP rose by 80% to £247.6 million, whilst revenues rose by 65% to £1.997… Continue reading WPP Posts Strong Interims
According to the latest figures from Jupiter, over 33 million people in the UK used the internet between April and June of this year. The home PC remained the most popular means of access but it was games consoles and set top boxes which have seen the greatest increase in usage. WAP phones are not… Continue reading 60% Of UK Now Online
US newspaper advertising revenues for the second quarter of 2001 totalled $11.1 billion, a decline of 8.4% year on year, according to preliminary estimates from the Newspaper Association of America (NAA). This compares US newspaper’s highest Q2 growth ever last year of 6.8%. Retail advertising showed the smallest decline in the second quarter, off 2.2%… Continue reading US Newspaper Revenues Down 6.5% In First Half
Cordiant, which released its interim results last Monday (see Cordiant To Cut More Jobs), saw shares rise 17.39% week on week to finish at £1.75, an increase of 26p on the previous week.WPP, which was last week reported to be considering a counter bid for Tempus Media against French group Havas (see WPP Poised To… Continue reading Sharewatch
ITV’s bid to bring football to Saturday evenings was shown the yellow card this weekend after its highlights show, The Premiership, was beaten in the ratings by a special edition of the BBC’s The Weakest Link.ITV’s version of Match Of The Day, which was shown for the first time at 7pm on Saturday, failed to… Continue reading ITV’s The Premiership Fails To Score
Rivals.net, the Chrysalis owned sports site, is building on its reputation within football-related media with the launch of its first magazine The Score.The magazine, aimed at “passionate football fans”, will be published every six weeks and will have a cover price of £1.50. Content will be “irreverent, unique football content from a fans perspective that… Continue reading Rivals.net Launch The Score
Standard Media International has today officially suspended publication of The Industry Standard, the weekly magazine that chronicled the dotcom boom.The magazine that monitored internet stocks has itself become a victim of the dotcom downturn and will file for bankruptcy unless a last minute buyer can be found.The Standard will continue to publish its website, The… Continue reading The Industry Standard Suspended
TalkSPORT have signed CIS Insurance as sponsor of its new flagship football phone-in show, in a deal thought to be worth around £1m.The deal will include sponsorship and airtime spots across talkSPORT’s Premiership coverage and will see CIS sponsor the station’s 505 Saturday afternoon phone-in show, which fields calls from football fans travelling back from… Continue reading talkSPORT Signs Football Sponsor
Global advertising and communications group, WPP, has this morning posted interim financials in line with expectations, at the same time confirming a 555p per share offer for UK-based media and communications group Tempus.Pre-tax profit at WPP rose by 80% to £247.6 million, whilst revenues rose by 65% to £1.997 billion for the six months to… Continue reading WPP Posts Strong Interims
