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OFT misses deadline for final opinion on magazine distribution
LONDON – A delay in the Office of Fair Trading's final opinion on newspaper and magazine distribution means that the publishing, distribution and retailing industries will have to wait until next week...
Interpublic restates accounts
Interpublic, the under fire US-based advertising network that owns the Universal McCann and Initiative media agencies, has finally issued financial results for 2004 and for the first half of 2005.
Interpublic posts $558m loss for 2004 but manages organic growth amid the drama
NEW YORK - Interpublic Group's long-awaited results have shown a loss for 2004 of $558.2m (£316.4m), as the company said that the restatement of figures for the past five years would reduce earnings b...
BBC strike back on the agenda as redundancy package hit
LONDON – BBC staff could still strike over Mark Thompson's 3,780 job cuts as it was claimed the corporation has cut its redundancy training budgets in half without telling staff or unions.
Sotheby's appoints B Media for ad sales
Sotheby’s Preview magazine, which celebrates its 25th birthday this year, has appointed B Media to handle all its UK and European advertising sales.
Publicis denies it is on the verge of Aegis offer as talks continue
LONDON - Publicis Groupe has denied a report in the French press that it has entered due diligence in its negotiations to buy Aegis, the owner of media agency Carat, as Vincent Bollore revealed he now...
Viacom Outdoor looks to 2008 Olympics with first Chinese acquisition
LONDON - Viacom Outdoor is to buy Chinese company Magic Media, which holds the rights to sell ad space on Beijing's bus system, after forging an agreement to take a 70% share of the company.
EastEnders star Lordan lined up for ITV's I'm a Celeb...
LONDON - Former 'EastEnders' actress Elaine Lordan, who was sacked as Slater sister Lynne in the BBC One soap after a well-documented problem with alcohol, is set to join the fifth series of ITV's 'I'...
GCap relaxes threat to block new national digital radio stations
LONDON – GCap has toned down its threat to take legal action against Ofcom if it allocates spectrum for more national digital radio stations.
Practical Parenting unveils a new look and broader remit
LONDON – Practical Parenting has unveiled a new look for its November issue with a fresh cover and logo and a revamped editorial giving the IPC Media title a broader lifestyle remit.
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