Carlton and Granada’s proposed £2.6 billion merger has been referred to the Competition Commission on the grounds that it could potentially lead to a “substantial lessening of competition” in the market for TV airtime sales.Trade and Industry Secretary, Patricia Hewitt, today confirmed the decision, which will end hopes that a lengthy investigation in to the… Continue reading ITV Merger To Be Investigated By Competition Commission
CMR/TNS reports that total ad spending for 2002 came in at $117.3 billion, compared to $112.5 billion in 2001 as a result of “a strong second half reflecting the vibrant network upfront, the elections and holiday spending.”Also On MediaTel Insight Today…Future Network Acquires French Computer Mags DivisionOn the same day that it reported pre-tax profits… Continue reading MediaTel Insight: US Adspend Rises 4.2% In 2002
WPP was seen in focus on reports that chief operating officer, Sir Nick Scheele, infringed company purchasing policies by ordering that all of Ford’s marketing and advertising should go to WPP group. The stock was seen down 2.70%.Elsewhere, investors considered news from market research giant Taylor Nelson Sofres, which has refused to rule out a… Continue reading Sharewatch: WPP In Focus On Ford Probe
The Cartoon Network has signed a seven figure, multi-media sponsorship deal with Kraft Foods that will allow viewers to influence what TV programmes will be broadcast on the channel.The deal, which centres around the DairyLea Lunchables brand, begins as an on-pack promotion featuring a range of collectable cartoon characters. It will be extended online in… Continue reading Cartoon Network Signs Kraft As Multi-Media Sponsor
Sponsorship increases the effectiveness of online advertising across the board, according to new research from internet research group, Dynamic Logic.The research, which analysed 750 online advertising campaigns, shows that consumers are increasingly able to connect online sponsorship with the brand that it is linked to, creating an awareness that has a positive impact on brand… Continue reading Sponsorship Outperforms Traditional Online Advertising
UK advertising expenditure rose by 4.9% year on year during the fourth quarter of 2002 to £3.7 billion. This brings total adspend for the year to £13.9 billion, an increase of 0.8% on the previous year.The latest figures compiled by the World Advertising Research Centre for the Advertising Association show that outdoor was the fastest… Continue reading Outdoor Growth Boosts UK Adspend During 2002
The BBC is hailing the launch of its new digital entertainment channel, BBC3, a success and is claiming that 2.4 million viewers in its target audience of 25 to 34 year-olds have tuned into the channel in its first month on air.The channel, which launched earlier this year after a series of delays and setbacks… Continue reading BBC Hails New Digital Channel A Success With Youth Audience
Sky Active has secured Coca-Cola UK to launch its first ever interactive ad campaign to support its TV and SMS-based “Txt For Music” promotion.The campaign, negotiated by Universal McCann, aims to drive additional registrations to the Coca-Cola SMS database, through a music promotion that offers consumers the chance to win limited edition CDs and tickets… Continue reading Sky Digital Secures Coca-Cola For First Interactive Ad
The Radio Advertising Bureau (RAB) has launched a new online resource dedicated to helping advertisers and agencies develop sponsorship and promotions activity.The move follows the rapid growth of radio sponsorship and promotions (S&P), which saw revenue increase by 14.7% year on year during 2002 to reach £71.2 million. This helped the commercial radio industry to… Continue reading RAB Launches Online S&P Resource For Advertisers
Carlton and Granada’s proposed £2.6 billion merger to form a single ITV company (see Carlton And Granada Enter Advanced Merger Talks) is due to be referred to the competition commission this week for a full enquiry.The decision by the Department of Trade And Industry, which has been expected for some time, will end hopes that… Continue reading Full Scrutiny Of ITV Merger Looks Inevitable
