WPP Group has introduced a stock option programme for all its people around the world with the first grants being made this month. WPP plans to make annual grants of fair market value stock options to all full-time people in the Group with two years service who work in wholly-owned operating companies. This will enable… Continue reading WPP Announces Share Option
A report, commissioned by the Radio Advertising Bureau, has found that the top twenty agencies more than doubled their radio expenditure over the last four years and that radio billings now outstrip revenue growth.For the fourth consecutive year commercial radio’s share of advertising revenue has risen. In 1993 commercial radio revenue stood at £178 million… Continue reading Radio Billings Outstrip Revenue
Scottish Radio Holdings plc has bought the entire share capital of Montrose Press Review.MRP is based in the town of Montrose on the east coast of Scotland and prints and publishes five local weeklies: Montrose Review , Brechin Review, The Leader, The Northern Leader and Kincardineshire Observer.Scottish Radio Holdings: 0141 306 2242
According to agency estimates, total TV revenue for February reached £159.81m, up 4% on the previous year. Of this, ITV came in at £121.81m and Channel 4 brought in £38m.Carlton boosted its revenue by almost 2% points year on year to gain an ITV market share of 17.76% while Meridian had the next biggest increase,… Continue reading TV Revenue – February
Paul Bay, has left Leo Burnett to join M & C Saatchi as international media director. Bay takes over from David Green and will be responsible for strategic planning.M & C Saatchi: 0171 543 4500
Leagas Delaney won the top gold awards at Campaign‘s Press Awards on Wednesday with its work for Adidas. It took the gold in the best individual ad category with “A make your own B” and the gold for best campaign with the same ad in addition to its “free” work.“A make your own B” also… Continue reading Leagas Delaney Wins Campaign Press Awards
The Media Vehicle, the in-store media company, has added Nescafe, Muller Yogurt and Procter and Gamble to it’s list of trolley ad clients.The agency’s floor posters’ network has also had a boost; Dillons has decided to carry the new medium in over 250 of its convenience stores nationwide.The Media Vehicle: 0171 453 4888
UK advertising agencies do not understand new media, lack the technical skills to implement it, and find the pace of development difficult to keep up with. These are some of the findings of a new survey conducted by new media consultancy Upstart and published in this week’s New Media Age.In general the survey found that… Continue reading UK Agencies “Do Not Understand New Media”
The Guardian is launching a stand-alone sports supplement on Easter Monday. Sport a twelve page broadsheet will appear every Monday along with the Media Supplement.Guardian 2 is also being redesigned next week as part of the ongoing changes at the paper.The Guardian: 0171 239 9696
Maverick Magazines is reported to be in the process of winding-up its computing titles, CD Rom Magazine and MacPower, in order to concentrate on the launch of its new Formula One title. Grand Prix Action launches on May 1 and will appear on the Thursday after each Grand Prix during the motor-racing season.The title will… Continue reading Maverick Enter The F1 Line-Up
