Personal View: Stuart Crainer
29 Apr 2002 | by MediaWeek
Personal View: Stuart Crainer
Asda won the right to slice its Parma where it likes, top food brands came under fire for their misleading names, while Nintendo got the jitters dropping the price of its GameCube before it had even launched, writes Gordon MacMillan in this week's Brand Watch .
LONDON - Havas Advertising, owner of Euro RSCG Worldwide, has had to restate its 2001 financial results, revealing earnings after unusual items and before interest and tax of €81.3m (£50m), and painting a far less flattering picture than the €233m originally stated.
LONDON - Tessa Jowell, the secretary of state for culture, media and sport, has defended the governent's role in the collapse of ITV Digital, blaming it on the company and not the technology in a statement to the House of Commons this morning.
LONDON - The race to succeed Pearson chief executive Marjorie Scardino heated up as the media group announced a senior management reshuffle, which sees Pearson finance director John Makinson become Penguin Books CEO and a strong contender for the top job.
LONDON - With permission Mr Speaker, I would like to make a statement on ITV Digital. As the House knows, the ITV Digital administrator, Deloitte & Touche, announced yesterday that it is preparing for the short-term sale of the business and its assets.
LONDON - Irish daily newspaper The Irish Times is to lose 40 editorial positions as plans to safeguard its future came undone when only 180 staff took advantage of a voluntary redundancy scheme.
LONDON - Tessa Jowell, the secretary of state for culture, media and sport, is to address the House of Commons later this morning on the subject of ITV Digital.