Cable & Wireless was among the few TMT stocks to show an improvement yesterday, after news that it is to sell its stake in Hong Kong’s Pacific Century Cyberworks. Shares ended the day up 15p at £4.90. By contrast Telewest was out of favour and dropped 5½p to end at £1.09.WPP announced the acquisition of… Continue reading Sharewatch
Carlton Communications surprised no-one by ending the week as the worst performer in the media sector. The downgrades by brokers ABN AMRO, Merrill Lynch and UBS Warburg mid-week (see Carlton Stock Free-Falls Following Trio Of Downgrades) sent shares sliding. By close of trade on Friday Carlton shares had seen a week on week decline of… Continue reading Sharewatch
Trinity Mirror has unveiled the results of its regional press readership survey, which studied the habits of regional press readers, highlighting the areas in which the medium comes out on top as compared to other media.A total 17,600 adults were interviewed and the results showed the regional press ahead of other media when it comes… Continue reading Trinity Mirror Unveils Results Of Readership Survey
WPP has announced the acquisition of the ProMarc Agency, a US-based technology communications firm, by its PR network Hill and Knowlton. The addition of ProMarc’s clients will give H & K combined billings of more than $6m.“The combination of H&K’s established global technology presence comprised of Blanc & Otus Public Relations, SocketPR and Hill and… Continue reading Hill & Knowlton Acquires ProMarc Agency
The Radio Authority has published its Programming & Advertising Review for the final quarter of 2000. A total 124 written complaints regarding commercial radio were received during this time.Classic FM was the subject of two complaints in regard to the promotion of its in-house label CD, Relax More, which the complainants found “excessive”. The Authority… Continue reading Classic FM Warned Over Excessive In-House Promotion
Emap is reportedly on the verge of signing its largest ever advertising deal. A cross-media account with haircare giant Wella is said to be worth an estimated £2m.The Wella Shockwaves brand is said to be sponsoring Emap’s music coverage across its TV, print and radio outlets. It will run on three radio shows on Kiss… Continue reading Emap To Sign Major Cross-Media Deal
WPP has today announced the acquisition of icon, a branding consultancy and market research specialist based in Nuremberg. The deal is a continuation of WPP’s recent acquisition spree, which has seen the group expand its presence within key markets (see Hill & Knowlton Acquires ProMarc Agency).Founded in 1993, icon’s clients list includes Kellogg’s, Kodak, Nestle… Continue reading WPP Acquires European Branding Consultancy
RevenueRevenue for terrestrial television channels slipped 2.6% during February. The largest fall came from GMTV which was down 15% in a year on year analysis, while the ITV network overall fell 5.8%.Channel 4 increased its revenue by 8.2%, while Channel 5 remained steady at £15.6m. Revenue for satellite channels continues to increase, adding 16% to… Continue reading TV Market Round-Up – February 2001
The latest figures from the NRS show a decline in national newspaper readership for the six month period ending February 2001. Overall the sector was down 3.6% compared to same period last year, with just four titles showing an increase.The Daily Star took the greatest tumble, losing almost 16% of its readership. Its stablemate the… Continue reading National Newspaper NRS Round-Up – February 2001
Shares in Carlton Communications tumbled 20p to 395p following downgrades from three separate brokers who cite bad timing of the group’s disposal of Technicolor (see Carlton Stock Free-Falls Following Trio Of Downgrades). Stock in the broadcaster has slipped 12% in two days.Scottish Radio Holdings dropped 15p to £13.50. The group was the latest media company… Continue reading Sharewatch
