United Business Media chief executive, Lord Hollick, has hinted that the Government and media super-regulator Ofcom could be willing to consider a possible merger between Channel Five and publicly owned broadcaster Channel 4.The two channels have made no secret of their desire to forge closer links and have held tentative discussions about the logistics of… Continue reading Government Could Back Merger Of Commercial Channels
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Tim Kirkman, Hachette Filipacchi’s recently installed head of sales, is to leave the company after only eight months amid rumours of a fall out with the company’s chairman, Kevin Hand.Kirkman’s high-profile appointment in November last year saw him take responsibility for advertising sales across Hachette’s magazine portfolio, which includes Elle, Red and Sugar. However, he… Continue reading Hachette Loses Sales Head Amid Rumours Of Bust-Up
GWR, owner of Classic FM, has today announced that the first half of this year has got off to a strong start as second quarter analogue revenues, which account for 92% of the group’s total income, jumped by 5% year-on-year.Speaking at the annual general meeting (AGM), chairman Ralph Bernard said that from the three month… Continue reading Trading At GWR Remains Encouraging As Revenue Rises
United Business Media has today announced that operating profit was up nearly 52%, pushed on by a significant turnaround from its technology and health care division, CMP Media.In a statement released this morning, UBM said for the six months ending 30 June 2004 that most of its businesses performed strongly, driving pre-tax operating profit up… Continue reading United Business Media Sees Operating Profit Jump By 52%
Lord Conrad Black’s last-ditch attempt to block the £729 million sale of the Daily and Sunday Telegraph to the Barclay brothers has failed after a Delaware judge rejected the media tycoon’s eleventh-hour appeals.The ruling finally clears the way for the Barclay brothers to succeed in their long-held ambition of taking control of Britain’s best selling… Continue reading Black Fails To Scupper £729 Million Sale Of Telegraph Titles
Publicis Groupe, the owner of media buying giant ZenithOptimedia, announced today that revenues for the second quarter of 2004 rose by 4.5% as Europe, along with all other operating regions showing encouraging growth.Although steadily picking up, growth in the European market still lagged behind the rest of the world with growth of 2.2% taking revenues… Continue reading Publicis Revenues Up 4.5% With Encouraging Global Growth
Commercial radio is increasing its appeal to advertisers with further growth in its delivery of core audiences in the second quarter of 2004, according to Radio Advertising Bureau.The latest RAJAR listening data for the three months to June reveals strong year on year growth in the time spent listening amongst a number of key advertising… Continue reading Commercial Radio Increases Appeal To Advertisers
Capital Radio saw shares dip by 7.64% yesterday to close at 435p after the company, one of the country’s leading commercial broadcasters, lost market share at its core London station. The loss coincided with the departure of veteran breakfast show present Chris Tarrant and the arrival of Johnny Vaughan as his replacement (see RAJAR Results… Continue reading Sharewatch: Capital Dips As Radio Wars Take Their Toll
Newspaper giant Trinity Mirror was a firm favourite on trading floors yesterday, rising by 2.39% to close at 599˝p ahead of the company’s interim results released this morning.The publisher has seen pre-tax profits rise by 27% from £80.4 million £101.8 million in the first half of the year, while advertising revenue grew by 5% overall.… Continue reading Sharewatch: Trinity Boosted Ahead Of Impressive Results
Advertisers are rapidly adapting to the next generation of personal video recorders and are coming to see new interactive media, such as computer games, as an important marketing channel, according to new research from OMD Snapshots.The research, entitled The Living Room Of The Future, questioned marketing directors on their attitude towards new technology and the… Continue reading Advertisers Are Adapting To PVRs And Interactive Media
