LONDON (Alliance News) - Sky PLC and Johnston Press PLC Thursday said they have extended their strategic regional advertising partnership following a year long trial, with a new three-year deal.
Under the deal, Johnston Press' advertising sales team will work with Sky's tailored television advertising product Sky AdSmart to deliver regional advertising campaigns.
AdSmart works by tailoring television advertisement breaks based on a households location and profile.
"That Sky has cemented this partnership by agreeing to a new three-year deal is testament to the strength of the relationships we have with small and medium-sized businesses across our regions and the powerful product Sky AdSmart is," said Chief Executive Officer of Johnston Press Ashley Highfield in a statement.
Financial details of the deal were not disclosed.
Shares in Johnston Press were down 1.8% to 96.00 pence Thursday morning, whilst shares in Sky were up 0.1% at 1,041.00 pence.
By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews
Copyright 2015 Alliance News Limited. All Rights Reserved.


(Alliance News) - National World PLC on Thursday said it has confirmed Acting Finance Director Sheree Manning in post as permanent chief financial off...


(Sharecast News) - Saudi unveiled plans at the weekend to reduce its oil output by 1m barrels per day in a surprise unilateral decision. The move was ...


(Sharecast News) - A group of investors in Hong Kong have jostled HSBC into a shareholder vote on its structure and strategy, including a possible spi...


(ShareCast News) - Johnston Press confirmed it is in late-stage discussions to buy the i newspaper from the publisher of the Independent, with a likel...


(ShareCast News) - Other EU leaders are ready to copy David Cameron's referendum tactics for their own "egotistic goals", the European Council preside...


(ShareCast News) - Johnston Press said the findings of the study it carried out to assess the liabilities of its pension plan are expected to reduce t...


** Shares in "The Scotsman" publisher Johnston Press up more than 15 pct pension deficit cut by >50% ** Co undertook pension study to streamline the ...