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ITV has been given the all clear to go ahead with its proposed £31 million acquisition of the majority stake in GMTV, despite wide-spread concern from the advertising industry.The Institute of Practitioners in Advertising had been calling for the Office of Fair Trading to refer the acquisition of Scottish Media Group’s 25% stake in the… Continue reading ITV Gets Go Ahead For £31 Million GMTV Acquisition

Radio group Chrysalis has said its 2005 financial year has had an ‘encouraging start’, as first quarter revenues are expected to reach high single digits.Chrysalis, owner of London’s Heart 106.2 station, said in a trading update that revenues for the 12 months to 31 August 2004 have met expectations, growing 20% year-on-year to £67 million.Although… Continue reading Chrysalis Sees An Encouraging Start To Financial Year

Almost half of all 18 to 34 year-olds living and working in major European cities now read a daily free-sheet newspaper every week, according to new research commissioned by Swedish-based publisher, Metro International.The wide-ranging study into the reading habits of young people living in some of the world’s biggest cities shows that more than a… Continue reading Free-Sheets Read By Half Of All Young Metropolitans

The UK’s largest commercial broadcaster ITV saw shares dip by 0.45% yesterday to close at 109žp despite the company’s sale of its 5.5% stake in French multimedia group, Thomson SA.The sell off sees ITV’s share of Thompson go to Citigroup Global Markets and UBS Limited as part of its £600 million programme to dispose of… Continue reading Sharewatch: ITV Dips Following Core Asset Sell Off

Emap Advertising has announced a wide-ranging cross-promotional deal with Buena Vista International to support the release of Disney’s latest film, Princess Diaries 2.The highly interactive campaign will run across Emap’s teen portfolio and multiple platforms including magazines, television, radio, on-line and text message marketing. In a first for Emap Advertising, the deal will include cross-promotional… Continue reading Emap Signs Cross-Promotional Deal With Buena Vista

Radio and magazine giant Emap saw a rise yesterday, with share price rising by a respectable 1.65% to 801p. Yesterday also saw the company appoint Adrian Serle as the new managing director of its regional Kerrang! radio station in Birmingham.The role will see serle charged with increasing the radio station’s revenue as Emap seeks to… Continue reading Sharewatch: Emap Sees Share Price Climb Higher

Regional newspaper publisher Archant has had its £62 million acquisition of 27 weekly titles in the London area, including the Islington Gazette and the Kensington Times, cleared by the Competition Commission.The deal was given the go-ahead after the Competition Commission concluded that it would not lead to a substantial lessening of competition in the market… Continue reading Archant Merger Cleared By Competition Watchdog

Sky One has secured Nivea for Men as the exclusive broadcast sponsor of its new live entertainment and music show, Tim Lovejoy and the Allstars, in a move that marks the brand’s first foray into television sponsorship.The six-figure deal, which was negotiated by Carat, comprises full on-air and online branding, including sponsorship of a dedicated… Continue reading Sky One Secures Sponsor For New Entertainment Show

The UK’s commercial radio stations have launched a robust defence of their public service credentials in the face of an ongoing investigation into the state of the industry being carried out by media super-regulator Ofcom.A wide-ranging survey has been carried out by the Commercial Radio Companies Association to gauge the amount of news, weather, travel… Continue reading Commercial Radio Defends Public Service Credentials

The Daily Telegraph has secured a wide-ranging deal with Malaysia Airlines including a range of in-paper advertising and advertorials over the next six months.The first part of the campaign will see the publication of a special eight-page broadsheet supplement to be included in the paper on 23 September. This will be supported by an extensive… Continue reading Telegraph Secures Promotional Deal With Malaysia Airlines