A quarterly trade report released by WPP reports a revenue growth of almost 12% in constant currencies. UK and European interests for the worldwide advertising and marketing group were both up by 12% while revenues in North America rose by 14%.Branding and identity saw most growth during this period. Acquisitions such as The Brand Union… Continue reading WPP Reports Revenue Growth
Rugby legend Gareth Edwards and television weather presenter Sian Lloyd have joined the board of The Radio Corporation which is bidding to run the new regional radio service for the South Wales area.Gareth Edwards will chair the consortium which is spearheading an application from The Rox-Wales 105, a new service which claims to be in… Continue reading Local Personalities Join Bid For South Wales Licence
Reuters continued to make losses after the information group announced declining revenue growth last week (see Sharewatch). Prices closed down a further 27˝p to 532˝p.BSkyB’s stock rose by almost 5%. The broadcaster reached an agreement with ONdigital on Friday to allow its digital rival to begin broadcasting Sky Sports 2 on its platform from next… Continue reading Sharewatch
Guardian Unlimited has appointed Simon Waldman as its new head, following the news that Justin Walters is to leave the company to start his own internet venture.Waldman, who is currently editor of the Guardian websites, will take on responsibility for the commercial, editorial and marketing areas of the network when Walters resigns at the end… Continue reading Guardian Unlimited Appoints New Head
Reuters share prices dropped by over 13% yesterday when the information group reported declining revenue growth and pressure on operating profits. The group has been struggling since a US briefing last month caused its profit forecasts to be cut back (see Sharewatch). Yesterday’s closing price of 560p is down from over 900p last month.Shares in… Continue reading Sharewatch
After a month of speculation (see Independent Radio Group In Bid Rumours), Talk Radio has confirmed it is to acquire Independent Radio Group, the local radio operator which owns regional stations including Scot FM. The Wireless Group, which owns Talk, has agreed to buy the business for £21.4 million.The acquisition will make The Wireless Group… Continue reading Talk Radio Buys IRG
A ruling by the Independent Television Commission (ITC) yesterday will force BSkyB to share its sports channel, Sky Sports 2, with ONdigital. The news will end months of wrangling between the digital rivals over sports rights (see Digital TV Wrangles Continue Over Sky Sports 2).The ruling comes from the results of a review of the… Continue reading ITC Ruling Forces BSkyB To Share Sky Sports 2
Programmes September is traditionally the month when viewing starts to increase, as the nights draw in and people come back from their summer holidays. With BBC1 and ITV holding back their major new series until the middle and end of the month, Channel 5 was able to post impressive audience totals with its programming.The network… Continue reading TV Viewing Round Up – September 1999
MindShare, the media planning and buying agency, has handed its northern operation to MediaVest Manchester in a last minute deal which has outraged CIA Medianetwork who has been in negotiations to obtain the group for eight weeks.CIA Medianetwork believed it had an exclusivity deal with the agency and planned to incorporate it into CIA Media… Continue reading MediaVest Manchester Gains MindShare
The BBC, Channel 4 and Channel 5 have joined forces to provide greater access to their free-to-air digital television services. Customers who do not wish to subscribe to pay-TV will be able to view the channels free-of-charge.The digital services provided by these broadcasters are already free-to-view but only available as part of subscription packages. Viewers… Continue reading Broadcasters Join Forces To Push Free-To-Air Digital
