It has been a weak year for Capital Radio, with revenues down by 3.9% and pre-tax profits off by 18.0% in the twelve months to September, the company has announced this morning. Despite the protracted weak markets, the group says that it is now seeing signs of slight improvement in the UK advertising sector. Chief… Continue reading Weak Ad Conditions Push Capital Radio Profits Down 18%

The management board of ITV plc has appointed a headhunter to find an independent non-executive chairman for the group that will result from the completed merger of Carlton and Granada early next year. The Zygos Partnership, a headhunting firm set up last year, is understood to have been asked to find a chairman to replace… Continue reading ITV Plc Appoints Headhunter To Find New Chairman

Online search revenues will help drive US digital marketing expenditure to $16 billion by 2008, representing 4% of the total marketing budget, according to Forrester Research. The group says that US marketers are planning to increase budgets by 5% in 2004, with many intending to move spend away from direct mail and trade promotions toward… Continue reading Digital Marketing To Take 4% Of Budgets By 2008, Says Forrester

US magazine advertising revenues rose by 6.8% during October, to reach $1.8 billion, according to the latest figures from the Publishers Information Bureau (PIB). Advertising page volumes, on the other hand, were down by 3.2% year on year. In the year to date, ad revenues were up by 8.7% at $14.7 billion, whilst ad pages… Continue reading US Magazine Advertising Rises 7% In October

The worldwide market for digital set-top boxes is poised for growth after a slow 2002, with box shipments expected to reach 74.8 million units by 2008, from an estimated 36.4 million in 2003. According to a new report from IMS Research, much of the growth will come from the Asia Pacific region, specifically China and… Continue reading DTV To Reach A Quarter Of Homes Globally By 2008

Regional newspaper publisher, Northcliffe Newspapers, is sizing up a bid for 27 newspapers in the Greater London area and has applied for consent from the Department of Trade and Industry (DTI). The titles are owned by Independent News & Media (INM), publisher of the Independent national newspaper. INM has already agreed to sell the titles… Continue reading Northcliffe Looks At INM London Papers Bid

Global advertising network, Interpublic Group, has reported a third quarter loss of $327.1 million, as it moves into the early stages of its ‘turnaround programme’. The loss on continuing operations was even higher at, $416.2 million. The difference comes from the $89.1 million made on the sale of NFO WorldGroup to TNS in May this… Continue reading Interpublic Losses Continue In Restructure

Advertising and marketing spend rose by 7.1% in 2002, according to a survey of the top 100 marketers compiled by US trade magazine AdAge. AdAge says that this increase in spend shows how the world’s leading marketers ‘weathered’ slow growth and the uncertain global economic and political conditions. During 2001, marketing spend declined by 2.6%… Continue reading Global Marketing Spend Rises 7% In 2002

US online advertising revenues continued to show a return to growth during the second quarter of the year, with expenditure up by 14% year on year, according to the latest report from the Internet Advertising Bureau (IAB), compiled by PricewaterhouseCoopers (PwC). Online spend reached $1.7 billion in Q2 and $3.3 billion across the whole of… Continue reading US Online Advertising Revival Continues In Q2

Cross-media group Emap this morning released a confident set of first half financial results, reporting pre-tax profits up by 9% to £94 million on turnover up by 7% to £509 million. Chief executive Tom Moloney is confident that the company will meet its full-year targets and says that new product developments and recent acquisitions are… Continue reading Emap Profits Jump 9%, Aided By Strong Consumer Mags