SMG has announced yet another stake increase in Scottish Radio Holdings, taking its stake up to 27.7%. SMG has acquired a further 2.8% stake in SRH for £14.6 million, in two separate purchases: 644,000 shares on Monday and 275,000 yesterday.All the shares were priced at 1,587˝p each, its closing price on Monday. SMG has been… Continue reading SMG Builds Scottish Radio Stake To 27.7%
Two thirds of the UK population have mobile phones, but many do not realise their potential uses beyond talking, according to research conducted for the BMRBi Access Omnibus Telephone Omnibus during February this year. The survey found that only 85% of those with mobile phones believe they have text messaging facilities and only 13% believe… Continue reading Two Thirds Of UK Have Mobiles, But Many Are Unaware Of Services Available
Being a bit of a glossy ‘zine queen, I was squeaking with excitement when the review copy of the long awaited Glamour landed on my desk. Edited by Jo Elvin, who did wonders for New Woman (its edge has definitely been blunted since her departure, although rising ABC figures don’t reflect this), published by the… Continue reading First Issue Review: Glamour
Emap shares dropped 26p to £8.46 yesterday after brokers Commerzbank downgraded the company and was said to reviewing its current £10.10 price target and earnings forecast.Cable companies Cable & Wireless and Telewest both saw increases yesterday as investors returned to the sector, with C&W increasing 53p to £7.48 and Telewest up 14p to £1.42¾.The closing… Continue reading Sharewatch
The Guardian newspaper last week unveiled investment plans for its Saturday edition. Weekend magazine is to become a glossy with 60% more editorial pages and two of the newspaper’s weekday supplements – Space and The Editor – will be added to its current six sections.The move follows similar announcements from its broadsheet rivals, the Times… Continue reading Feature: National Newspapers Look To Boost Female Readership With New Saturday Offerings
Media giant AOL Time Warner announced today that it will create a new TV networks group under the Turner Broadcasting System umbrella, which will include both Turner’s basic cable networks and The WB broadcast network. The division will be the world’s largest television networks group, the company said. The expanded TV networks group will share… Continue reading AOL Time Warner Mergers TV Divisions Into Single Network
The Institute of Practitioners in Advertising (IPA) and the Incorporated Society of British Advertisers (ISBA) have joined forces to produce a new set of best practice guidelines for the production of press advertising. The guidelines, which aim to help advertisers and agencies, identify four potential “pressure points” which can damage efficiency.Bob Wootton, ISBA’s director of… Continue reading IPA And ISBA Issue Best Practice Guidelines On Press Advertising Production
New Research from Jupiter reveleals that most companies are slow to move their buying processes onto the Internet many are hesitating to do so at all. Jupiter studied ‘eprocurement’ and found that many procurement managers “see so little advantage in moving online” that they will do less than 20% of their business buying online until… Continue reading eProcurement Slow To Take Off
Media group Emap is understood to be in discussions to sell off its US consumer magazine business, Emap USA, as the division continues to lose the company money. According to a report in this morning’s Financial Times, Emap has received ‘several’ approaches from interested parties and is understood to be pursuing these offers.Emap bought the… Continue reading Emap Reported To Be Close To US Sale
When United Business Media last week announced an 11.4% rise in headline profit during 2000 (see UBM Shares Surge On Strong Profit), the company reporting was almost completely unrecognisable, even in name, from this time last year. United has chosen its way forward and begun the new millennium making certain it is on track.The new… Continue reading Sharewatch Focus: United Business Media
