JWT’s media research director, Doug Read, is to join Mediacom as research director, as part of a series of top-level changes at Mediacom.
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£1bn extra revenue needs to be found each year, the Chancellor said.The measures to replace the VAT on fuel are:Small change in pensions rate. The package which would have gone to pensioners to compensate for VAT would be scrapped, saving £200m. Pensioner couples will get £1.05 a week to compensate for the 8% VAT on… Continue reading Mini-Budget
IPC Magazines’ Southbank Group has been reshuffled. Four senior positions have been created and two sales controller roles have been scrapped. Justine Southall, ad director of Marie Claire has taken additional control of Options and Woman’s Journal, to become known as ad director of the fashion titles.Debbie Turner, ad controller of Options and Woman’s Journal… Continue reading IPC Southbank Reshuffle
Saatchi & Saatchi anounced yesterday that it is to open Zenith Media USA, following months of rumour and speculation. Saatchis claim this is “An important step in the development of the world’s first global media buying agency, Zenith Media Worldwide.”Zenith Media USA, which will begin operations in January 1995 will operate through headquarters in New… Continue reading Zenith Launched In US
Four Four Two, the football magazine from Haymarket magazines, which launched on 1 May 1994 has released its first ABC. For the issues between 1 August and 31 October its ABC is 58,600. The UK & Eire figure is 58,324.
The Bank of England has increased its base rate by 0.5%; it now stands at 6.25%.The rise comes after Chancellor Kenneth Clarke’s monthly meeting with the Governor of the Bank of England. The base rate rise was in line with the policy of keeping inflation down, said Clarke; and he saw no reason to delay… Continue reading Base Rates Increased By 0.5%
Carlton Communications has this morning released results for the year ending September 30. Pre-tax profits were up 50.9% from £126.06m last year to £190.23m this year. Chairman Michael Green said “1994 was a year when we increased our investment in TV”.Carlton’s shares were up 21p this morning to 873.
IPC Magazines was named International Major Publisher of the Year at the International Press Awards held in London last night. IPC also won Best International Magazine Brand for Marie Claire, and jointly won the Best International Consumer Magazine for Marie Claire alongside Germany’s Fit For Fun. Marie Claire also won Best International Advertising Campaign for… Continue reading IPC Wins International Press Awards
Border Television has also released results this morning. Interim pre-tax profits were up 5.9% to £849,000, compared to £802,000 for the same period last year.
The Independent Television Commission has announced this morning that it is to reduce licence fees payable by its licensees in 1994. It has also published fee tariffs for 1995.The fees payable by all of the ITC’s licensees is to be reduced by 8.6% in 1994. This reduction, which amounts to £1.4m in total, is possible… Continue reading ITC Reduces Licence Fees
