According to press reports this morning WPP may engage in a legal challenge to overturn the decision of the Takeover Panel with regards to the attempted withdrawal of its bid for Tempus.WPP chief executive Martin Sorrell is to face the full panel this week in order to put WPP’s case for wanting to withdraw the… Continue reading WPP May Consider Legal Action Over Tempus Bid
After the global advertising downturn forced SMG to announce 95 cost cutting redundancies last week (see SMG Makes 95 Cost-Cutting Redundancies), shares rose 6.61% yesterday to finish at £1.21, in what was one of the best performances in yesterday’s media market.Jazz FM, which recently reported its first full year’s profit (see Jazz In Profit For… Continue reading Sharewatch
Employment levels were up last year at IPA member companies, according to the 2000 IPA Agency Census, released on Friday. The survey revealed that by 1 September 2000 13,508 were employed by 196 companies, compared to 13,000 at 201 companies a year before.The census proved that the image of advertising as a young, London-based industry… Continue reading IPA Publishes 2000 Census
ShopFront Media is extending its portfolio of illuminated Adsites to include pharmacies across the UK, with the launch of the Media Pharmacy Network.ShopFront is launching the network this week and plans to erect 1,500 illuminated advertising panels outside pharmacies across the UK. Gaviscon has been signed up as the initial sponsor of the scheme and… Continue reading ShopFront Media Extends Adsite Range
Oftel has launched a review of the guidelines for conditional access services on digital TV platforms. Current arrangements for pricing, terms and conditions will be considered, as well as the issue of whether public service broadcasters should be charged at a different rates from commercial broadcasters. Oftel’s decision could have implications for both Sky Digital… Continue reading Oftel Launches Conditional Access Review
Members of the top socio-economic groups are finding newspapers increasingly relevant to their lives, according to the sixth wave of VIPer research.The latest figures show that 29% of respondents agreed with the statement “I deliberately make time to read a newspaper during the day”, compared to 22% in 1999’s first wave of research. Two groups… Continue reading Newspapers Retain VIPer Role
ITV’s three year £315m deal with the Football League is “under review,” according to a report in today’s Financial Times.The deal, signed last year (see ITV And ONdigital Secure Football League Rights), gives ITV exclusive pay and free TV rights to show live Nationwide League games for the for the next three seasons. ITV currently… Continue reading ITV To Review Football League Deal?
Taxi Media has launched a new initiative allowing brands to target taxi customers with product-filled tip up seats.Highland Spring is the first advertiser to make use of the tip up seats, which are hermetically sealed and filled with mineral water. The one-year contract covers 12 liveried taxis, which can be seen in London, Manchester, Birmingham,… Continue reading Taxi Media Launch Tip Up Seats
After the latest RAJAR data release last week confimed Capital‘s dominance among the London stations (see Newsline), shares climbed 18.22% in week on week analysis to finish at £7.30, an increase of 112˝p on the previous week.GWR and Chrysalis also saw shares rise due to their radio interests, the former saw stock jump 31.01% to… Continue reading Sharewatch
Murdoch Walks Away From ‘Dream’ DirecTV DealRupert Murdoch, frustrated with delays and torturous negotiations, has walked away from what many considered the ‘dream’ deal of his career – one which would have made him the greatest TV mogul ever, reaching more people in more countries than anyone else in history.For the past six months Murdoch’s… Continue reading Murdoch Walks Away From ‘Dream’ DirecTV Deal
