Tuesday, October 9, 2007

Time Warner Creates UK Advertising "Council" For Media Units

LONDON -(Dow Jones)- U.S. media giant Time Warner Inc. Tuesday announced plans to set up a "council", to make it easier for advertisers to negotiate with all its U.K. media properties.

Time Warner's U.K. media businesses include AOL U.K., IPC Media, the U.K.'s largest consumer magazines publisher, Turner Broadcasting and Warner Bros.

The company said the U.K. council would mirror an earlier system in operation in the U.S., with clients including Unilever and Mercedes.

The Time Warner U.K. Advertising Council includes Michael Steckler, managing director of AOL U.K., Caroline McDevitt, managing director of IPC Advertising, and Simon Cox, vice president of Turner Media Innovations.

The council will meet on a monthly basis, Time Warner said, to consider ideas and proposals.