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International News

International: Castrol unites global creative, media biz into O&M, MindShare

Castrol has consolidated its global creative and media business into WPP Group agencies Ogilvy & Mather Worldwide and MindShare Worldwide. No budget was disclosed.

exchange4media Staff Dec 1, 2001 9:12 AM

Timex increases ad budget by 30 per cent

Timex has decided to increase its advertising budget by 30 per cent this year. The advertising expenditure for Timex this year is Rs 11 crore. With its concentration now on the Rs 1,000 to Rs 5,000 bracket, Timex will now be looking to promote the brand th

exchange4media Staff Dec 1, 2001 9:09 AM

India centric shows to get BBC primetime again

BBC plans to reintroduce the 10 p.m. slot for Indian programming beginning of 2002. Programmes like Mastermind, which is in its fourth season, will be retelecast from next year.

exchange4media Staff Dec 1, 2001 9:08 AM

DD to air Timex, Wisden cricket analysis

Wisden and Timex have joined hands to develop a cricket analysis programme named Wisden 20:20. The programme will be aired exclusively on Doordarshan. Set to go on air during the India-England test match beginning on December 3, the show will be aired twic

exchange4media Staff Dec 1, 2001 9:07 AM

Radio Today scouting partner for FM ventures

Radio Today is looking for an equity investor to part fund its FM radio ventures in Delhi, Mumbai and Kolkata. The company has appointed ANZ Investment Bank as advisor to look after the deal.

exchange4media Staff Dec 1, 2001 9:06 AM

International: AMD puts  $25 million account into review

Semiconductor company Advanced Micro Devices, has put its consolidated global account with billings in the range of $25 million to $30 million into review. The selected agency will handle work in the U.S., Europe, Latin America, Japan and Asia Pacific. The

exchange4media Staff Nov 30, 2001 9:47 AM

International: Time Inc. closes Asiaweek magazine

Time Inc. will cease publishing Asiaweek magazine this week. The announcement was made to staff on Nov. 29 by Peter Brack, the magazine's president, who blamed exceptionally difficult market conditions and the aftermath of Sept. 11. The magazine employed 8

exchange4media Staff Nov 30, 2001 9:46 AM

BCCI, ICC spat stumps corporate sponsors

The confrontation between the International Cricket Council and the Board of Control for Cricket in India has effectively queered the pitch for several corporates which have put in crores of rupees on advertising and sponsorships.

exchange4media Staff Nov 30, 2001 9:45 AM

The Statesman asked to change teaser slogan by RBI

The Reserve Bank of India has expressed its reservation with regard to a teaser advertisement campaign kicked off about two weeks back by The Statesman, proclaiming “2 rupee coins will be out of circulation from December 3’.

exchange4media Staff Nov 30, 2001 9:37 AM

Hallmark to screen mini series on Judy Garland

Hallmark Channel will premier ‘Life With Judy Garland: Me and My Shadow’ starring Judy Davis on Sunday January 6th and January 7th, at 9 p.m. This movie, will be in line with Hallmark’s earlier special programming like the Women’s Week and the currently ru

exchange4media Staff Nov 30, 2001 9:36 AM

Govt approves investment in Agrani satellite project

The ministry of commerce and industry has approved the proposed investment by Alcatel Spacecom S.A and Arianespace S.A in the Agrani satellite project. The approval clears the decks for investments worth $20 million, the first foreign investment in an Indi

exchange4media Staff Nov 29, 2001 9:02 AM

BIFR asks ABCL to sort out all issues with Prasar Bharti

Board for Industrial and Financial Reconstruction has directed Amitabh Bachhan Corporation to sort out all outstanding issues with Prasar Bharti, Bahubali Electronics, UTV and other unsecured creditors.

exchange4media Staff Nov 29, 2001 9:01 AM

IMG plans of venturing into music and entertainment put on hold

IMG has decided to restrict its business interests to cricket, tennis, golf and fashion over the next year, as opposed to the earlier plan of venturing into music and entertainment.

exchange4media Staff Nov 29, 2001 9:01 AM

IBF seeks removal of service tax on broadcast services

The Indian Broadcasting Foundation (IBF) has sought removal of service tax on broadcast services and also asked for a reduction in custom duty on broadcasting hardware in the 2002-03 budget.

exchange4media Staff Nov 29, 2001 9:00 AM

AOL Time Warner scouting for new media ventures

The US-based AOL Time Warner has confirmed that it is scouting for new media deals in India. Of late, there has been much speculation that AOL Time Warner was interested in picking up a stake in Zee Network. AOL Time Warner has been non-committal as far as

exchange4media Staff Nov 29, 2001 8:59 AM

Business Standard to share content with The Statesman

In what could be seen as the first ever arrangement of this sort in the history of English newspaper in India, Business Standard will start sharing four pages of business news stories with The Statesman from next Monday. Four pages from Business Standard w

exchange4media Staff Nov 29, 2001 8:58 AM

Business Today to organise “The Managing Tomorrow Series”

To capture the changing face of Indian business, Business Today has announced “The Managing Tomorrow Series” of corporate gatherings. Each of these gatherings would bring together corporate chieftains to discuss certain key issues related to the changing I

exchange4media Staff Nov 29, 2001 8:57 AM

International: Two teams left in Adidas shoot-out

The review of the $80–$100 million worldwide creative account for sports firm Adidas has reportedly come down to two pairs of agencies. Squaring up in the final round are two roster shops – London’s Leagas Delaney and 180 in Amsterdam. Both shops have team

exchange4media Staff Nov 28, 2001 8:29 AM

International: Soccer World Cup – Yahoo! sets out its sponsorship booth

Yahoo!, the official World Cup internet partner to the Federation Internationale de Football Association (FIFA), set out its advertising and sponsorship wares for the upcoming 2002 tournament.

exchange4media Staff Nov 28, 2001 8:28 AM

International: IPG conflict causes Reckitt Benckiser, McCann split

Reckitt Benckiser and McCann-Erickson Worldwide have mutually agreed to end their relationship as a result of client conflict within the Interpublic Group of Cos., McCann's parent company.

exchange4media Staff Nov 27, 2001 9:04 AM

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