Argos could face a court case after it mistakenly advertised Sony
TV sets on the internet for pounds 2.99 instead of pounds 299.99,
prompting a flood of orders.
Argos decided not to honour the orders, which would have left it at
least pounds 1 million out of pocket. But lawyers said the incident
could lead to a test case on internet trading.
Channel 5 recorded its highest-ever audience figures this Tuesday on the
back of its screening of the blockbuster film, Independence Day. Across
the evening the channel attracted 4.98 million viewers, achieving a 24
per cent share. It peaked at 5.5 million, which gave it a 40 per cent
Scottish Media Group has announced that its turnover was pounds 111.2
million in the six months to the end of June, a rise of 11 per cent.
Pre-tax profits were up 2 per cent to pounds 24 million. The company
confirmed that it has made moves to increase its stake in the breakfast
broadcaster, GMTV, and has bought 19.9 per cent of the football club,
Heart of Midlothian.
Manning Gottlieb Media has picked up the media planning and buying for a
joint venture between Toshiba and Warner Home Video to promote the
digital versatile disc (DVD) format.
The European Central Bank has shortlisted Rainey Kelly Campbell
Roalfe/Y&R, Publicis and J. Walter Thompson to pitch for a pan-European
campaign to promote the launch on 1 January 2002 of the euro banknotes
Lowe Direct has scooped Norwich Union Healthcare’s entire below-the-line
business, including all DRTV work, without a pitch.
MindShare has appointed Graham Page as its head of direct response
Page was at Universal McCann as associate director, heading the agency’s
retail and direct unit, and was previously the managing director of
Quorn, the Marlow Foods-owned meat substitute, has chosen four agencies
to pitch for its pounds 3 million account. Rainey Kelly Campbell
Roalfe/Y&R, Duckworth Finn Grubb Waters, Banks Hoggins O’Shea/FCB and
Cold Eye line up at the beginning of October.
CIA Medianetwork has extended its US assets with the acquisition of
Chicago-based CPM Media, which numbers Ralston, Lifetime Television
Network, Quaker State, Luby’s and Goody’s Family Clothing Stores among
its clients. CPM Media has billings in excess of dollars 150 million and
will be rebranded CIA-CPM Media.
Granada Sky Broadcasting has appointed Osprey to handle its pounds 1
million autumn marketing account for its Granada Plus channel. Osprey
beat Roose & Partners, Quiet Storm and Miles Calcraft Briginshaw Duffy
and will now create a new on- and off-air look for the channel. Rocket
will handle media planning and buying.
Julia Reed, the managing director of The End, the commercials production
company, has acquired a 90 per cent stake in the company from Harmony
Holdings. The company will change its name to Harry Nash on 1 January
Zenith Media has retained the global media account for the computer
services company, Electronic Data Services, worth around pounds 32
million. Fallon McElligott was appointed in July to work on the creative
Credit Suisse has approached a number of London agencies to handle the
pan-European launch of a new financial services product.
Frank Lowe and Leslie Butterfield both made donations of more than
pounds 5,000 to the Labour Party last year according to the party’s