Newsquest hit the stock market on Thursday at 250p and immediately rose 2p as it became apparent that the shares were oversubscribed. The float, at the lower end of the forecast 250p-290p, created a cash pile of around £100m and valued the company at £500m. It is estimated that 80% of Newsquest staff bought shares… Continue reading Sharewatch W/E 17/10/97
Laser has confirmed to Newsline that the ITV sales houses, which also include TSMS and Carlton, are planning to change the way they trade airtime. The three companies have jointly agreed in principle to deal on the basis of share of broadcast rather than share of ITV.Laser: 0171 396 6000
Planet 24 is planning to launch a cable exclusive music channel in Ireland to be called Atomic TV.Atomic TV will be a 24-hour channel which will carry advertising and a large proportion of Irish-based bands and music. The Irish Government however is still considering whether it will give its support to the project as it… Continue reading Cable Channel Planned For Ireland
Former New PHD TV buying controller Jim McDonald is to move to GMTV in December to work as its new group sales manager. He will replace Keith Stael who is leaving to travel the world.…The Financial Times has created a number of new appointments in its advertising department. Stephen Dunbar-Johnson has been promoted to UK… Continue reading Appointment Briefs
BARB has begun a new panel which will include five cable channels previously absent from the survey.Panel 71 will measure L!ve TV , the Travel Channel , the Box , Carlton Food Network and Carlton Select . The survey began on 29 September and will be included in BARB data releases over the next couple… Continue reading BARB Begins Cable Measurement
Propeller Marketing Communications published its latest ‘Ads That Make The News’ survey today. The survey shows that Trevor Beattie’s Wonderbra ads generated more coverage in the national newspapers than any other in the third quarter. Beattie is the creative director of BDDP GGT ad agency. The Wonderbra ads received twelve dedicated news stories in the… Continue reading Ads In The News
Following wide speculation (subscribers see On Demand Plan Pay-Per-View Deal With Hollywood), the On Demand Management cable consortium is on the brink of sealing a pay-per-view movie deal with Hollywood film studio Warner Brothers. The On Demand group is representing Telewest, NTL, General Cable and Diamond Cable with Cable & Wireless Communications still teetering between… Continue reading On Demand Approach Warner Bros. Deal
A consortium of twenty-eight British on-line publishers including Condé Nast, The Guardian New Media Lab, Channel 4, and the Electronic Telegraph agreed to create a system of auditing online advertising revenue. This would represent the first accurate measure of the size of the British online advertising marketing.At last week’s meeting of the Interactive Advertising Group… Continue reading Online Publishers Form Advertising Research Group
Manning Gottlieb Media (MGM) will transfer its £60m television billings to BMP DDB Needham at the end of this month ready for 1998 TV negotiations. Currently this operation is run with TMD Carat. The amalgamated billings of over £250m reportedly make BMP DDB Needham the UK’s third largest TV negotiation point.Manning Gottlieb Media: 0171 470… Continue reading MGM Moves TV Negotiations To BMP DDB Needham
The struggle to control the US telecoms giant MCI has deepened with a rival bid coming from GTE, another American telecoms operator, worth $28 billion.MCI is already considering rival bids from BT and WorldCom, worth $17 billion and $30 billion respectively. If the GTE move is successful it is expected that it will join BT… Continue reading New Bidder For MCI
