The European Commission (EC) has granted clearance for the proposed takeover of UK advertising and communications group, Tempus, by French agency Havas Advertising (see Havas Moves In On Tempus). The EC said that the takeover “does not raise any competition concerns in the markets for marketing communication services or media buying.” Havas’ activities include general… Continue reading EC Clears Proposed Takeover Of Tempus By Havas

Publishing group Highbury House Communications (HHC) said that consumer advertising levels have been resilient in the first half, but that there has been a slowdown in newsstand sales. Nevertheless, pre-tax profit for the six months to 30 June rose by 101% to £3.4 million. The results include the performance of all acquisitions made last year,… Continue reading Highbury House Will Close Titles That Do Not Meet Targets

The £25.5 million sale of Scot FM to the Guardian Media Group (GMG) in June (see Wireless Group Sells Scot FM To Guardian Media For £25.5m) has helped push Wireless Group into profit for the six months ended 30 June 2001. The £22.5 million profit from the disposal nudged pre-tax profit up to £5.0 million;… Continue reading Scot FM Sale Boosts Wireless Group Profits

Deutsche Telekom AG has sold its remaining six German cable regions to US company media company, Liberty Media Corporation. The sale is part of Deutsche Telekom’s strategy of focusing on its four main corporate divisions – mobile communications, internet communications, systems solutions and network access services – and spinning off its non-core assets, the company… Continue reading Deutsche Telekom Sells German Cable Regions To Liberty Media

Independent News & Media (INM) this morning reported that its pre-tax profits fell by 17.2% to E56.6 million during the six months to 30 June. The group, which publishes the Independent national newspaper, says that the drop is due to adverse currency movements, exceptional start-up costs, investment in a new Irish print facility and costs… Continue reading Independent News & Media Sees Profits Fall 17%

Global media company, Pearson, has sold its FT Energy publishing group to Platts, the global energy information and marketing services business of The McGraw-Hill Companies. The purchase price has not been disclosed. The sale of FT Energy is the last in a series of disposals that enables the FT Group to focus on delivering international… Continue reading Pearson Disposes Of Non-Core FT Energy

Advertising spending for all US media fell by 5.9% year on year for the first half of 2001, according to figures released yesterday by advertising and marketing communication group CMR. CMR estimates that total adspend for the first half of 2001 came in at just under $47.5 billion, compared to $50.4 billion for the same… Continue reading No Positive Advertising Shift Anticipated This Year, Says CMR

Online retail sales in the US declined for the second quarter in a row, from April to June, according to a report on Europemedia earlier this week. The article says that according to US government statistics online commerce fell by 1.8% to $7.5 billion (E8.2 billion) in the quarter. This is less severe than the… Continue reading US Online Commerce Declines For Second Consecutive Quarter

Zenith Media downgraded its global advertising forecasts at the end of last week, with a particularly bearish outlook for the coming months (see Forecasts). Today Myers Reports set out its US growth forecasts by media alongside Zenith’s, with both groups predicting that the US advertising recession could be more severe and prolonged than had first… Continue reading US Ad Growth Forecasts By Media: Zenith Versus Myers

Asia-Pacific mobile data subscribers will number 411.2 million by the end of 2006; this is 64% of mobile subscribers and 11% of the population in the region, according to a study released in August by the Yankee Group. The Asia-Pacific Mobile Data Experience: Forecast and Overview report contains updated forecast and analysis of mobile data… Continue reading Over One Tenth Of Asia-Pacific Population Will Have 3G Mobile By 2007, Says Yankee Group