Grey Advertising has announced that it will establish a holding company to serve as the parent company for all Grey’s communications properties. The move will see Grey Advertising Inc becoming known as Grey Global Group Inc, while the core advertising agency will become Grey Worldwide.Announcing the restructure plans, Edward Meyer, chairman, president and CEO of… Continue reading Grey Advertising Announces Restructure Plans
ITV’s new evening schedule has resulted in an unacceptable decline in news audiences, according to Sir Robin Biggam, chief executive of the Independent Television Commission (ITC). Sir Biggam said “The ITC is of the view that in the two key public service commitments of the audiences for national/international news and regional programmes, the new ITV… Continue reading ITV Must Address News Audience Decline, Says ITC
There was continued speculation over the Easter weekend that internet group Yahoo! is considering making a takeover bid for media group EMAP. When rumours of the deal surfaced early last week, shares in the UK magazine publisher and radio broadcaster rose in response (see Sharewatch). Since then the value of a possible bid has been… Continue reading Speculation Continues Over Possible Yahoo!/EMAP Deal
IPC’s Music & Sport division was last week hit by the resignation of its managing director, Andy McDuff, and has subsequently been forced to deny rumours that the stable might be offered up for sale. McDuff’s resignation follows hot on the heels of two other senior departures at the group’s flagship lads’ title, Loaded: editor… Continue reading Feature: Staff Departures At IPC Music & Sport Follow Falling Circulations
Advertising continues to play an important role in building online brands, according to a recent report by CIA Sensor. In a national survey highlighting the connection between the public’s awareness of dotcom brands and the amount of money these brands have spent on advertising, a strong correlation between awareness and adspend was found.During 1999 the… Continue reading Advertising Plays Important Role In Building Online Brands
Reuters prices seemed to be rallying after the company announced earlier in the week that it was seeing a recovery in the Far East. Shares rose 67p to end at £11.25.The market decided that WPP’s first quarter figures would be stronger than had been predicted. Shares in the company had fallen from £13.00 at the… Continue reading Sharewatch
It appears that Capital Radio has won the battle for Border Television, after raising the cash alternative in its bid from £13 to £14, valuing the Border at £151m. Scottish Radio bowed out despite having withdrawn its ‘no increase’ statement earlier in the week (see SRH Leaves Its Options Open Regarding Border). PA New Media… Continue reading Newsline Brief
Jo Earl has been appointed to a newly created position at BBC Worldwide. As group marketing director for the Radio Times Arts and Factual Publishing Group, she will have responsibility for marketing across the group’s range of books, video and audio titles. TDI, which handles advertising on the London Underground, has promoted Clive Punter and… Continue reading Appointments Brief
The Competition Commission yesterday sent letters to the main parties involved in the proposed acquisitions by Granada of Carlton Communications and United News and Media (see Granada Referred To The Competition Commission). The letter, which highlights those matters which have been identified by the investigating group for further consideration, was made public in order to… Continue reading Competition Commission Sends Issues Letters To Granada Merger Companies
Programmes This month was a pretty sparse one for top notch programmes, with BBC1’s Monarch of the Glen proving to be one of the few successful new television series. Viewing figures for the rural drama hovered around the 8 million mark throughout March, with consolidated share of viewing around 30%. The good performance of the… Continue reading TV Viewing Round Up – March 2000
