Phorm has made a pre-tax loss of £13.7 million for the first half of 2008, an increase of 52% from its £9.1 million loss in the same period in 2007. However, despite the loss, the internet advertising group still has a positive cash balance due to fundraising of around £24.9 million. Phorm rolled out its… Continue reading Phorm Makes £13.7 Million Loss
ARCHIVE ▸ The Media Leader Staff
WPP Group made an announcement this morning to warn TNS shareholders that its £1.1 billion offer for the market research company is its final offer. The deadline for shareholders to accept the offer ends at 3pm tomorrow – according to reports published last Friday, 43% have already accepted the deal. TNS, which has consistently encouraged… Continue reading WPP Warns TNS That Its Offer Is Final
The total number of consumers watching video streaming through a browser in the US has doubled over the past year, going from 32% to 63%, according to a new survey of US online households by ABI Research. ABI Research said that this is due to the growth in the amount of rich content available in… Continue reading Number Of US Households Watching Online Broadband Video Has Doubled
China has overtaken the United States as the country with the most broadband lines, growing twice as fast as America, according to new data from the broadband research company Point Topic. Point Topic found that China and the US both had around 78 million broadband lines at the end of August, but the number in… Continue reading China Overtakes America With Most Broadband Lines
Titan Outdoor has landed contracts to handle outdoor advertising in key shopping centres in Bristol and Milton Keynes. It is understood that Titan won the contract for Bristol’s Cabot Circus shopping centre after a competitive pitch against Clear Channel and CBS Outdoor, while the contract for thecentre:mk in Milton Keynes was awarded following a pitch… Continue reading Titan Outdoor Lands Key Shopping Centre Contracts
The Evening Standard has rebranded Thisislondon.co.uk to Standard.co.uk, providing access to the Standard’s London news, business, sport, comment and analysis.Standard.co.uk will carry a mix of unique content updated throughout the day and content that appears in the newspaper.Andrew Mullins, managing director of the Evening Standard, said that “if we have a breaking news story we… Continue reading Evening Standard Rebrands Website
WPP has extended its £1.1 billion takeover bid for TNS by one week after last Friday’s deadline lapsed with support from just 33.8% of TNS shareholders. WPP Group, led by Sir Martin Sorrell, has given TNS shareholders who have not yet accepted the deal until Friday to change their minds. The number of those who… Continue reading WPP Extends TNS Offer Deadline
Worldwide subscriptions to IPTV services are on pace to reach 19.6 million subscribers in 2008, a 64.1% increase from 12 million subscribers in 2007, according to the latest Gartner research. The report found that worldwide IPTV revenue is projected to total more than $4.5 billion this year, a 93.5% increase from $2.3 billion total revenue… Continue reading Worldwide IPTV Subscriptions Are Set To Grow 64% This Year
Total US measured advertising expenditures in the first six months of 2008 declined by 1.6% year on year, according to the latest data from TNS Media Intelligence. US ad spending during the second quarter of 2008 was down 3.7% versus last year, the steepest quarterly drop since 2001. “Advertising expenditures started to contract in March,… Continue reading US Adspend Down In First Half Of 2008
A year of heavy marketing of mobile broadband has pushed the mobile phone networks ahead of WiFi hotspots as the most popular way of accessing the internet on the move, according to a survey of UK mobile broadband users by Point Topic. The study shows that the UK mobile phone companies have managed to grow… Continue reading Mobile Phone Networks Overtake Wi-Fi On The Move