President Bill Clinton has spurned the $368.5 billion deal that was reached earlier this year between tobacco companies and various US states that had sued the industry in order to recover the health-care costs of treating smokers who had allegedly contracted their illnesses through tobacco consumption. Presidential approval was necessary for the deal to be… Continue reading US: Clinton Rejects Deal
WPP has agreed to buy Cockpit Holdings Ltd. and its subsidiary Buchanan for an initial cash outlay of £4m. A further payment of anything up to £11m will be payed, the exact figure depending on the Buchanan’s profits over the next five years. This additional cost consideration will be satisfied 50 per cent in WPP… Continue reading WPP Buy Buchanan And Create Mindshare
Cordiant, which will next week hold an Extraordinary General Meeting to finalise the demerger plans it announced in April (subscribers see Cordiant Announces Demerger), expects that Saatchi & Saatchi will be able to increase its proportion of global business while Bates will concentrate on its strengths in local markets.In an interview in the FT Michael… Continue reading Cordiant Sets Out Demerger Plans
The European Advertising and Media Forecast, published on behalf of the UK Advertising Association, records that adspend in the EU grew by 2.5% in real terms in 1996. Forecasts for 1997 and 1998 are 3% and 2.6% respectively. (Source: European Advertising and Media Forecast, September 1997).
FutureNet, the Website run by Pearson New Entertainment, has its latest audit figure from the Audit Bureau of Circulations officially put at 1,600,986 page impressions for August. FutureNet is one of the few Websites currently audited by this relatively new method (subscribers see Internet Audits Approved). This figure represents a growth rate of 50 per… Continue reading FutureNet Announces Second Audit Figure
The Belgian Flemish Socialist Party has called for the banning of all tobacco advertising in Belgium and the establishment of a ‘tobacco prevention fund’ to be financed through higher tobacco excise duties.
Southern Newspapers today saw pre-tax profits drop 23% to £14.1 million in the year to 28 June after a £3.4 million redundancy and restructuring charge. Despite this, circulation revenue at the regional press publisher grew 2%.Southern Newspapers: 01703 424777
The German Health Ministry has repeated its opposition to an outright ban on all tobacco advertising in the EU. The minister, Mr Seehofer, has said in an interview that the experiences of other countries shows that tobacco advertising bans do not influence the overall consumption of tobacco.
Promise is a magazine aiming to help parents deal with the multitude of traumas and trials which the development of their children will throw at them. It is targeted at ABC1 women aged 25-45 who have children. As the first editor’s letter makes clear, “We can’t – and won’t preach; after all we’ve made as… Continue reading First Issue Review – Promise
