Razorfish, the US digital communications agency, is to float on the
New York Stock Exchange with an initial public offering of three million
shares, priced at dollars 16 (pounds 10) each. The offering is being
handled by Credit Suisse First Boston, BancBoston Robertson Stevens, BT
Alex Brown and Lehman Brothers. Last year it acquired UK-based web
houses CHBi and Sunbather.
Golden Vale has launched a new web site to promote its Cheestrings
The site is targeted at an older age group than the existing site, which
has been live for around two years. The new pages feature an online
competition and additional strategy games using Shockwave, and was
developed by Leeds-based Pilot Interactive. The web address is
Dunlop Tyres has appointed Birmingham-based Strandloop to develop its
new media strategy in the UK. Its previous new media work was handled on
a European-wide level by MIT Media in Germany.
Nettec, the internet consultancy company, has appointed Paul Mountford
as a non-executive director. Mountford joins from Cisco Systems, where
he was vice-president for Europe Middle East and Africa.
Icon Medialab, the Swedish new media company, has further expanded its
European operations by acquiring two internet agencies - Milan-based
I.Com and French outfit Web Concept. Clients of I.Com include Alitalia,
KPMG, and Fiat. Web Concept’s clients include L’Oreal, Canal Satellite
Financial details were not disclosed, although both deals will be at
least part-funded by non-cash issues.
QXL, the London-based online auction retailer, has appointed Jim Rose as
chief executive officer. Rose joins from United Information Group, the
marketing information subsidiary of United News & Media. He takes over
from founder Tim Jackson, who becomes a non-executive director. The
address is www.qxl.com.
Pixelpark, the German new media firm, is setting up in the UK, after
opening a Paris office in August last year. The company has appointed
Pat Nelson, formerly an account director at The Microsoft Network, as
its UK managing director. Nelson takes up his post at the end of
Pixelpark is majority owned by German media giant Bertelsmann, and has
clients including Deutsche Telekom, Adidas and Siemens.
Western International Media has outsourced its new media buying and
reporting to I-Level, the recently formed dedicated online media outfit.
Western will continue to manage online planning. I-Level has already
announced a deal to manage online advertising for Yell, the online
version of Yellow Pages.
Tempo, the high street electronics chain, has announced plans to launch
a free internet access service. Dubbed Screaming.net, it will offer free
time online via a tie-up with low-cost call operator, Localtel. Tempo
says it will also feature free off-peak calls to the internet, although
technical support calls will still be charged at 50p per minute.
Virgin Net claimed this week that it now has around 800,000 unique
The announcement follows the internet service provider’s decision to
operate as a free service from May this year.
The New Media Page is edited by Ben Rosier. E-mail