UK private equity firm, Candover is understood to be preparing a bid for Hollinger International’s Telegraph Group.According to reports in today’s Times, Candover has expressed an interest in Hollinger’s London division which owns The Daily Telegraph and The Sunday Telegraph.It is believed that Chris Oakley, the former editor in chief of the Birmingham Post is… Continue reading Candover Prepares Telegraph Bid
Economic conditions are ripe for a spurt in advertising and global spend is set to rise by 5.0% next year, up from 2.1% in 2003, according to updated forecasts from Merrill Lynch.Also On MediaTel Insight Today…Asia-Pacific Broadband Forecasts From eMarketerChina and Japan will be the leading broadband countries in Asia-Pacific by 2005, according to forecasts… Continue reading MediaTelINSIGHT: Ad Growth To Accelerate In 2004
Online analysis group, Dynamic Logic has appointed Joao Neves as its first research manager reflecting the growing importance of research to the industry.Joao Neves joins from Pre-Diction, where she was European head of research and director of operations and pioneered brain imaging technology to assess the effectiveness of marketing communications.Prior to that, Joao was Senior… Continue reading Dynamic Logic Appoints First Research Manager
Carlton was seen up yesterday as investors considered the likely cost-savings of its planned merger. The stock was seen up 1.94%.Elsewhere, investors considered reports that US media giant Viacom is planning to offload Blockbuster, its video rental chain, to a group of private equity buyers.Broader market sentiment was further boosted by further economic data which… Continue reading Sharewatch: Carlton Rises As Merger Moves On
Viacom Outdoor has snatched the GNER advertising sales contract from Maiden Outdoor, in a move that has dealt a blow to its rival’s core railway station business.The new seven-year deal, which begins in January, represents the first rail contract for the company, which has been looking to expanding into the sector for sometime.It includes the… Continue reading Viacom Outdoor Swipes GNER Contract From Maiden
Outdoor advertising continued to perform strongly in the three months to September with revenue increasing by 6.6% year on year to more than £195 million, according to the latest figures from the Outdoor Advertising Association.The data for the third quarter represents an increase of 9.5% for the first nine months of the year and shows… Continue reading Q3 Gain Makes Outdoor The UK’s Fastest Growing Medium
Emap has appointed James Mallinson as its first ever cross-media director with responsibility for developing the FHM brand across a range of platforms.The role has been created in response to the increasing demand for cross-media campaigns and for brand-focussed solutions for FHM. It will see Mallinson, previously FHM advertisement manager, work exclusively on all areas… Continue reading Emap Appoints First Ever FHM Cross-Media Director
Reed Elsevier said today that it was on track to deliver on its target of double-digit earnings growth but the company is bracing itself for a slowdown in 2004.Profits at the Anglo-Dutch publisher rose by 3% in the first half of 2003 and its market performance has remained encouraging. Sales growth in the Science &… Continue reading Reed Cautious On 2004 Prospects
More than 75 million person to person text messages were sent on the day of the Rugby World Cup final last month, as sports fans celebrated England’s historic victory over Australia, according to the latest figures.The Mobile Data Association claims that the importance of text messaging was reaffirmed by excitement of the match, which saw… Continue reading Rugby World Cup Final Prompts Text Message Frenzy
Interactive Market Systems has announced that Terry Sullivan is to retire as managing director of the research and media analysis firm after more than 34 years in the business.Sullivan will leave the company at the end of February 2004 to be replaced by former chief operating officer and current joint managing director, Paul Baynton, who… Continue reading IMS Announces Sullivan To Retire Early Next Year
