Magazine and internet publishing group, Future Network, is to sell the US edition of its Business 2.0 title to The Fortune Group, a division of AOL Time Warner. The move to dispose of Business 2.0 in the US follows the closure of the European edition after it suffered from a downturn in the business sector… Continue reading Future To Sell US Business 2.0 To Fortune Group
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“Never work with children or animals”, or so the saying goes, and the former category proved troublesome for advertisers this month when child-based adverts caused a volley of complaints to the Independent Television Commission (ITC).The advert prompting the highest level of complaint, from a total of 125 viewers, was for Pampers Total Care. The nappies,… Continue reading ITC Rejects Nappy Complaints But Blackballs Snowballs
There were a few bloodshot eyes and thumping heads in the Mediatel office (and doubtless elsewhere around Golden Square) this morning after last night’s MRG bowling tournament. This, of course, had nothing to do with the copious amounts of alcohol that were consumed from the free bar, but comes with the exhaustion experienced only by… Continue reading Mashers Mashed At MRG Bowling Tournament
Kevin Hand has stepped down from his position as PPA chairman, having last week resigned as chief executive of Emap following the company’s ill-fated US ventures (see Emap Chief Executive Resigns).PPA chief executive Ian Locks said that the organisation had received the news “with great sadness”, adding, “In resigning, Kevin recognised that the PPA needed… Continue reading Hand Steps Down As PPA Chairman
The IPA, in a conference held yesterday, announced that progress had been made towards clear joint-industry standards to provide greater accountability for both advertisers and media buyers when using the internet as a communications medium.Over 60 media buyers and advertisers attended the conference to hear speakers including Alan McCulloch, chairman of IPA, Bob Wootton of… Continue reading IPA Conference Announces Progress Towards Internet Audit
The Daily Mail and General Trust, which yesterday announced a pre tax profit of £71.6m for the half year, a year on year fall (see DMGT Remains Upbeat Despite Pre-Tax Profit Fall), was nevertheless the best media performer of the day, with stock climbing 4.93% to close at £7.97, a rise of 37.4p on the… Continue reading Sharewatch
The IPA elected eleven new companies into membership at its Council meeting yesterday: 23red Anderson Spratt Group Ltd Archibald Ingall Stretton Atlas Advertising Ltd Circus Communications Ltd Faulds Advertising Ltd Miles Calcraft Briginshaw Duffy Ltd Outdoor Focus Ltd Outdoor Mediacom Ltd Quiet Storm Unique Digital Marketing Ltd This brings the full corporate membership to 211,… Continue reading IPA Elects New Companies Into Membership
Outdoor advertising contractor, Adshel, has won what it claims is the single largest street furniture advertising contract ever. The 15 year deal in Singapore is worth around US$500m (£350 million). Roger Parry, CEO of Adshel’s parent company Clear Channel International, says that the deal is a ‘highly strategic win’. The contract covers 4,000 advertising faces,… Continue reading Adshel Wins ‘Highly Strategic’ Singapore Contract
Advertising revenues at Daily Mail & General Trust’s (DMGT) Associated Newspapers division grew by 10.5% across the half year to 1 April 2001. The Daily Mail, Mail On Sunday, Evening Standard and Metro all performed well in terms of ad revenue and the division saw operating profit up 16% and turnover up 6%. Circulation of… Continue reading DMGT Results Flat, But Outlook Is Optimistic
Around 500 jobs are expected to be lost at Reuters, following an organisational restructure. The measures form part of an initiative by Tom Glocer, who is due to succeed Peter Job as CEO of the company at the end of July. The restructure affects the Board; Rob Rowley and Jean-Claude Marchand will step down in… Continue reading Reuters Restructure Costs 500 Jobs
