Media stock rallied yesterday, helped by a boost from Lehman Brothers. Reuters climbed 55p to 865p and WPP was up 50p to 785p after being added to the broker’s recommended list.Ulster TV put on 29˝p to 288˝p after releasing a strong set of financial results (see Ulster Stock Rises On Positive Results) while Tempus, which… Continue reading Sharewatch
The More Group has expanded its taxi-advertising interest, Barnett’s Taxi Advertising, which it purchased last April, with the acquisition of Taxi Media. The move will see the creation of the UK’s largest taxi-advertising contractor. Barnett’s sales director Lloyd Keisner will become sales director of the new company, heading a sales team of around 50 selling… Continue reading More Group Expands Taxi Advertising Interest
The Daily Express has shed yet another staffer, this time thanks to the voluntary redundancy taken by head of sport Mike Allen. Allen is quitting after 15 years on the paper, but denies his decision is anything to do with the controversial regime of new owner Richard Desmond. Commercial development director Caroline Hunt has left… Continue reading Appointments Brief
Publishing company Highbury House Communications today offered a cheerful outlook for the year, saying that 49% of its budgeted advertising sales have already been achieved. The consumer and trade magazine group says that it had only a small exposure to the dotcom boom last year and so is not experiencing the downturn that many other… Continue reading Highbury House Starts Year Well
Global marketing and media communications group, Tempus, this morning said that it achieved record financial results and net new business wins during 2000. Pre-tax profit at the group grew by 29% to £21.5 million, whilst revenues rose 64% to £151.3 million.During the year Tempus secured record new business wins worth £594 million – a 52%… Continue reading Tempus Announces Record Results And Repositions As ‘The Agency Of The Future’
BSkyB is hoping to drive subscription uptake in Ireland, having secured the rights to show more Irish content and BBC1 in the Republic. Richard Freudenstein, Sky’s CEO, has said he would like to add the leading Irish terrestrial channels RTE 1, Network 2, TV3, TG4 and UTV to the platform in future.It is thought that… Continue reading BSkyB Plans Subscription Drive In Republic Of Ireland
ProgrammesThe big television highlight of this month was the unveiling of the final five members of the Popstars group. Having gone through the excruciating audition process, which featured some singing talent not seen since the heyday of Linda McCartney in Wings and surviving Nasty Nigel’s fairly nasty putdowns, 3 February saw two programmes devoted to… Continue reading TV Viewing Round Up – February 2001
Centaur Communications, publishers of Marketing Week, the Lawyer and Money Marketing magazines is thought to be seeking a private sale instead of the planned flotation it announced in November last year.It is thought that the downturn in the global advertising market could be behind the turnaround, although no comment or confirmation was available from the… Continue reading Centaur May Abandon Flotation Plans In Favour Of Private Sale
Shares in Ulster Television jumped this morning as it announced a strong set of financial results and said that it expects to return to better growth in the second half of this year, following a sluggish ratings period at ITV. Ulster also said that it plans to bring its internet business into profitability in the… Continue reading Ulster Stock Rises On Positive Results
ProgrammesThe big television highlight of this month was the unveiling of the final five members of the Popstars group. Having gone through the excruciating audition process, which featured some singing talent not seen since the heyday of Linda McCartney in Wings and surviving Nasty Nigel’s fairly nasty putdowns, 3 February saw two programmes devoted to… Continue reading TV Viewing Round Up – February 2001
