Global advertising and communications group, WPP, has acquired Forward, a UK contract publishing company which specialises in direct customer communications programmes, for an undisclosed sum.Forward’s clients include Tesco, Egg, British Airways Holidays and Halifax. It reported revenues of £23.2 million in the year to 31 March 2001 and had net assets of £2.1 million at… Continue reading WPP Acquires Forward
A new era begins at the Institute of Practitioners in Advertising (IPA) tomorrow when Hamish Pringle succeeds Nick Phillips as director general of the industry body.Last night, over 300 guests gathered at the British Museum to honour Phillips, with a series of sincere and witty tributes from John Bartle, Graham Hinton, Rupert Howell, Martin Bowley… Continue reading Pringle Heralds A New Era For The IPA
ABN Amro has upgraded its rating on satellite broadcaster BSkyB from Add to Hold this morning, saying that it has ‘excellent fundamentals’ which are offset by potential technical and regulatory risks. This, says the broker, positions Sky as an ‘interesting dilemma’. BSkyB’s shares have underperformed the market by around 13% in the year to date… Continue reading ABN Sees ‘Interesting Dilemma’ In BSkyB
Digital Broadcasting Company (DBC), parent group of the u>direct pay-TV service, has gone into liquidation, according to reports. It is thought that financial backers, which include Pearson and News Corp, were unwilling to put any more cash into the business. U>Direct, which launched in June 1999, broadcast a range of sport and movie pay-per-view services… Continue reading U>Direct Parent Goes Into Liquidation
GWR, which cut 46 staff from its online division last week (see GWR Cuts Online Jobs), saw shares drop 0.92% to finish at £2.70, down 2˝p on the previous day.United Business Media, which saw pre-tax profits fall 48% in its interim results on Friday (see UBM Profits Down Nearly 50%), saw shares slip 1.68% to… Continue reading Sharewatch
NTL has confirmed that it now has 1m digital subscribers and is on track to meet its target of 1.25m by the end of the year. The announcement establishes NTL as a serious contender to ITV Digital which recently rebranded from ONdigital in an attempt to attract viewers. NTL recently announced it expects to achieve… Continue reading 1 Million Now Subscribe To NTL Digital
Global advertising and communications group, WPP, has acquired Forward, a UK contract publishing company which specialises in direct customer communications programmes, for an undisclosed sum. Forward’s clients include Tesco, Egg, British Airways Holidays and Halifax. It reported revenues of £23.2 million in the year to 31 March 2001 and had net assets of £2.1 million… Continue reading WPP Acquires Forward
The Financial Times has agreed to a content sharing deal with the New York Times for the two newspaper’s websites, FT.com and NYTimes.com.The deal, which comes into effect from August, will allow each of the news sites to publish up to ten articles at a time from each others content. All of the articles will keep… Continue reading FT And New York Times In Web Deal
In their recent report Game On: Sports Investment For European Media Companies, PricewaterhouseCoopers reveals the importance of professional sport to large European media companies and suggest means of exploiting revenue streams and other commercial opportunities from popular European spectator sports. Sport, says PWC, is not a passing fad and its popularity will not diminish making… Continue reading Sport May ‘Form The Bedrock’ Of Media Companies’ Long Term Strategy, Says PWC Report
