Granada Media dropped another 4p on Friday, to end at £4.51. Its stock performed the worst among the media companies last week, falling over 21% over the week thanks to a prediction of ad revenue slowdown for the second half of the year (see Granada Predicts Slowdown In Ad Revenue, Announces Completion Of United Deal).Outdoor… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Cinema admission figures for August will appear on Newsline.Wednesday Mondo, the latest offering from Cabal Communications, launches today, targeting the older man (see Launches Brief).Friday The Competition Commission reports on the proposed acquisition by Guardian Media Group of Regional Independent Media… Continue reading The Week Ahead
The Financial Times has undergone a number of changes to increase its business coverage. From 9 October, the UK & Ireland edition of the newspaper will contain a new supplement, Creative Business, along with further editorial changes reflecting the changing nature of the UK business scene.A weekly 16-page tabloid supplement Creative Business will be published… Continue reading Changing Business World Reflected In New FT Supplement
Shareholders at WPP today approved the acquisition of Young & Rubicam, which will create the world’s largest advertising agency. The $4.7bn takeover deal was confirmed in May this year (see WPP Buys Young & Rubicam For $4.7bn).WPP is issuing 0.835 new American Depositary Receipts for each Young & Rubicam share. It is expected completion of… Continue reading Shareholders Approve WPP/Y&R Deal
NTL is to launch a new movie channel called The Studio in partnership with Universal Studios Networks. The channel will be available on all platforms and will be included in entry level packages for NTL customers.The Studio is to go out 18 hours per day, seven days per week, showing contemporary movies screened in thematic… Continue reading NTL Teams With Universal To Launch Movie Channel
Future Publishing has added a sixth “web network” to its portfolio. The consumer information site, www.t3network.co.uk, will draw on the news and reviews in Future magazine titles T3, Hi Fi Choice and Home Entertainment and will continue the company’s plans to build up a “massive base” of affiliated independent websites. Future claims that the affiliate… Continue reading Launches Brief
The latest expansion in the outdoor industry is to come from a partnership between Crossover Media Group and Siemens Traffic Systems, who are to target the UK’s motorists and pedestrians with advertisements at traffic lights. Trials for the service are set to begin in December across south-west London.Initially a pilot scheme of 25 boxes will… Continue reading Traffic Light Advertising Set To Launch
Rumours of the demise of Aura magazine, Eve Pollard’s venture into the older women’s market, seem less and less likely to have been exaggerated. Hopes that a buyer would be found for the title, which lasted just three months before publishing was suspended (see Publishing Of Aura And Wedding Day Suspended As Parkhill Looks To… Continue reading Fate Of Aura Still In Balance As Buyer Yet To Be Found
Emap shares dropped in price for the third consective day, despite news of a partnership with highstreet music retailer HMV (see Emap Strikes Deals With HMV, Creates QTV). Yesterday’s drop of 40p left Emap shares at their lowest price this year, £8.95.Maiden gave a positive message in its interim results, and was rewarded by a… Continue reading Sharewatch
Rajar data for the three-month period to the end of September, scheduled to be released on 26 October, has now been moved to 2 November. Data will be sent to sales houses on Friday 3 November and full tables available on 13 November.Rajar: 020 7903 5350
