Highbury House Communications, publisher of Front and Fast Car, has issued an upbeat trading report. Trading in the last two months of 2003 had been in line with expectations, it said, and it expects profits for the full year to be as forecast.The company said that its shift towards becoming a pure consumer publisher, and… Continue reading Highbury House Profits In Line With Market Forecasts
The majority of UK communications agencies are now more optimistic about the business climate than they were three months ago, according to new research from the Communications Agencies Federation.The latest Agency Barometer survey shows that a total of 65% of agencies and consultancies have increased their income forecasts for the coming year, compared to just… Continue reading UK Agencies Now More Optimistic About Business Climate
Hollinger International, the holding company of Hollinger Inc, has rejected an approach by the Barclay Brothers, which would have valued the company at $1.4 billion.It is believed to have rejected the deal because the 20% premium it offered was not high enough.The brothers have already agreed a $400 million deal with Conrad Black to acquire… Continue reading Hollinger International Rejects Barclays’ Bid
Calls for fundamental changes to the way the BBC is governed intensified last night following Greg Dyke’s decision to step down as director general in the wake of the Hutton report.The BBC’s board of governors voted by a margin of two to one to dismiss Dyke, in a move that effectively forced him to step… Continue reading Dyke’s Departure Casts Doubt Over Future Role Of BBC
The Aegis-owned media network Carat has unveiled a new corporate identity designed to reflect the changes experienced by the agency over the last two decades.The brand identity replaces the one developed in 1988 when the business was a European-based planning and buying agency. However, the network has since expanded into 63 countries world-wide and has… Continue reading Carat Unveils New Wide-Ranging Corporate Identity
Maiden saw a ‘very clear recovery’ in sales demand in the second half of 2003, but it expects full year pre tax profits to be lower than forecast, at between £5.3 million and £5.5 million.In an upbeat trading report issued today, the outdoor advertising group said that revenues had strengthened considerably throughout the year and… Continue reading Maiden Issues Profits Warning As Pre-Tax Profits Dip
Granada Enterprises has secured personal loan company Dial 4 A Loan as the integrated online sponsor of www.itv.com/soaps, which contains the latest news and updates on all aspects of ITV’s soaps and dramas.The deal, negotiated by Collin Ramsay, includes masthead branding on every page of the website, dedicated sponsored newsletters, video branding and an online… Continue reading Granada Secures Sponsor For Online Soap Site
Capital Radio saw a leap in shares today on the back of a good performance by its flagship station Capital 95.8FM in yesterday’s RAJAR results, but Merrill Lynch analysts are not convinced that the company is out of trouble.Subscribers to MediaTel Insight can access more national and international media analysis, forecasts and news by visiting… Continue reading MediaTel Insight: Capital Playing Catch-Up, Says Merrill Lynch
ITV partners Carlton and Granada were seen in focus yesterday as their multi-billion pound merger drew nearer to completion. However, reports suggest that sales teams at the two broadcasters are preparing themselves for major job losses that could see around 300 staff made redundant. Carlton was seen down 0.92% and Granada slipped by 1.66%.GWR was… Continue reading Sharewatch: Stocks Slide As ITV Merger Looms
BBC chairman, Gavyn Davies, yesterday resigned following the critical conclusions of Lord Hutton’s inquiry into the death of Ministry of Defence weapons advisor Dr David Kelly.Lord Hutton yesterday unveiled a report that was heavily critical of the way the BBC handled developments following a story on Radio 4’s Today programme, which claimed that the Government… Continue reading Davies Resigns Following Hutton Report Criticisms
