Scottish Radio made the latest addition to the gloomy picture of advertising revenue when it warned of flat sales for Q1 in a year on year comparison. Shares in the company ended the day’s trading at £17.25, down 10p.The negative sentiment over the advertising environment continues to affect the share price of the major ITV… Continue reading Sharewatch
Saatchi & Saatchi has finally appointed its new chief executive, in the form of James Hall. Currently the chief executive of Saatchi & Saatchi New Zealand, Hall will move to London to take up his new post at the end of March. The appointment means that current chief executive, Tamara Ingram, will become executive chairperson.… Continue reading Appointments Brief
Rupert Murdoch, chairman of News Corp, has said that the planned flotation of Sky Global Networks may not now go ahead. In an interview with CNBC yesterday he confirmed that he was in talks with other American satellite broadcasters over plans to merge Sky Global rather than float it.Sky Global was unveiled last April to… Continue reading Sky Global IPO May Not Go Ahead, Says Murdoch
Advertising giant WPP has announced the launch of Red Cell, a new global communications network. It will consolidate its European ad agency Conquest with US-based Cole & Weber, UK group Perspectives and Asia-Pacific alliance partner Batey.It will target “challenger” clients such as Nestle, Nikon and Singapore Airlines. Sir Martin Sorrell, group chief executive of WPP,… Continue reading WPP Launches Global Communications Network
Cable company NTL today said that its earnings will come in at £385 million this year and will rise to £825 million in 2002. At a Q4 operations presentation today, the group said that figures so far have been artificially low due to the cost of the acquisitions, consolidation and marketing that has been necessary… Continue reading NTL Is Beneficiary Of Recent Consolidation, Says Q4 Review
The Advertising Standards Authority (ASA) gave a wake-up call to one advertiser of an energy drink last week, but some critics say that it is the ASA that has been sleeping on the job for taking so long to challenge the claims made.The advertisements in question were published in the September of 1997 for Red… Continue reading ASA Drags Its Feet In Adjudicating On Wake-Up Drink Ads
Programmes The month was marked by the run-up to the Christmas period as channels pulled out all the stops to produce a strong Christmas line-up. BBC1 continued its ratings war with rival ITV into the season of goodwill by announcing a winter programming budget of £158m, including a massive £42m for the two-week Christmas period.Its… Continue reading TV Viewing Round Up – December 2000
Guardian Unlimited is to celebrate its second birthday with a major rebranding initiative. A £6m marketing budget will unveil a clearer identity for the network of 12 websites under the Unlimited umbrella.The Guardian Unlimited logo will be simplified and the network’s web address is to be changed to guardian.co.uk. While the Unlimited identity will remain… Continue reading Guardian Unlimited Revamps Image To Celebrate Second Birthday
Regional Independent Media has rejected a second bid offer from rival Gannett. Venture capital firm Candover, which owns 50% of RIM, is understood to have been approached by the group with a consortium bid.Under the terms of the offer, the assets of RIM, which include the flagship Yorkshire Post, would be divided between Johnston Press,… Continue reading RIM Rejects Second Bid Proposal From Gannett
GWR’s subsidiary Now Digital is launching the first three of its local digital multiplex services on 31 January (see Now Digital Wins Third Local Digital Radio Multiplex Licence). The three licences, which cover the areas of Bristol & Bath, Coventry & Wolverhampton and Shrewsbury & Telford represent a combined reach of 2.5m adult listeners.Russell Stuart,… Continue reading GWR Prepares To Launch First Local Digital Offerings
