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1 February 2001 The New York Times has sold off its golf magazine publishing division to Advance Publications for an undisclosed sum. It was reported that Condé Nast and AOL Time Warner were also in discussion to take control of the titles. The portfolio, which includes Golf World, Golf Digest and the GolfDigest.com website, is… Continue reading New York Times Sells Magazine Division

A Digital Radio Development Bureau has been formed to accelerate the roll-out of the new medium. The news was announced as radio industry figures met to discuss the challenges of the market at Marketing Week’s Digital Radio conference yesterday. Although Digital Audio Broadcasting (DAB) technology is now in its sixth year, difficulties in translating its… Continue reading Digital Radio Development Bureau Forms, Medium Set To Be Market Leader By 2015

The development UK radio group Forever Broadcasting is ‘continuing unabated’, chairman John Josephs told the company’s AGM this morning. Forever owns three radio stations: 107.6 Juice in Liverpool, formerly known as Crash FM; Tower FM, which serves audiences in Manchester, Bury and Bolton and Surf FM in Brighton. It has also submitted two further applications… Continue reading Forever Broadcasting Development ‘Continues Unabated’

Trinity Mirror’s Scottish title the Daily Record continues to command the largest share of advertising revenue among Scotland’s newspapers, with more than twice as much as its nearest rival, SMG’s Glasgow Herald. New figures from CIA MediaLab show that both of the top titles achieved year on year increases in revenue (Daily Record 1%, Glasgow… Continue reading Scotsman’s Efforts To Modernise Rewarded With Ad Revenue Increase

31 January 2001 AOL Time Warner, the business created by the huge merger of internet company AOL and traditional media group Time Warner, has this morning unveiled record results for the America Online business. The group said that advertising, commerce and other revenues grew by 65% to £$741 million in the quarter to December 2000.… Continue reading AOL Time Warner Reports Record Revenues

UK public relations and advertising firm Chime Communications has this morning announced the acquisition of LNS Communications in the US for £11 million. Chime will pay £6.9 million initial cash and a further sum of up to £4.1 million depending on LNS’ profits for the years ended 31 December 2001 and 2002. Chime’s businesses include… Continue reading Chime Communications Acquires LNS For £11m

E-commerce is seen by many as the key to unlocking the full financial potential of the internet, including ad revenue. Its growth in the UK and Europe received a boost this week with two appointments. Firstly, the European E-commerce Association (EAA), an e-business consortium, named its chairman, Ian Williams. Williams is adviser to the board… Continue reading Appointments Brief

Recent figures from the Cinema Advertising Association (CAA) and CIA MediaLab show that, while cinema occupies only a small corner (around 1%) of annual media adspend, both spending and admissions for cinema have shown a healthy increase year on year for the last decade.Cinema is traditionally regarded by advertisers as a young person’s medium and… Continue reading Feature: Will Little Kids Be The Next Big Thing For Cinema Advertising?

Trinity Mirror’s Scottish title the Daily Record continues to command the largest share of advertising revenue among Scotland’s newspapers, with more than twice as much as its nearest rival, SMG’s Glasgow Herald. New figures from CIA MediaLab show that both of the top titles achieved year on year increases in revenue (Daily Record 1%, Glasgow… Continue reading Scotsman’s Efforts To Modernise Rewarded With Ad Revenue Increase

Granada Media received a positive rating from brokers Morgan Stanley Dean & Witter yesterday, ahead of the completion of its demerger from catering group Granada Compass (see Granada Rises On Positive Ratings). Shares were buoyed by this and ended the day’s trading up 10p at £3.85.A broker’s downgrade for BSkyB had the opposite effect on… Continue reading Sharewatch