JCDecaux has reported worldwide revenues of more than €2 billion (£1.5 billion) for 2007, up 2.8% from 2006. The billboard giant’s organic revenues growth, excluding acquisitions and the impact of foreign exchange, was 8.8%. In a trading statement, JCDecaux said that its UK billboard business posted double digit growth in profit margin last year. However,… Continue reading JCDecaux Reports Worldwide Revenues Of €2bn

UTV, owner of talkSPORT, has reported a 2% increase in group revenues for 2007, to £115.6 million. Operating profit, including associate income and before exceptional charges was up 5% from £24.8 million in 2006, to £26 million. Radio operating profit was up 21% at £14.5 million for the year, while television operating profit was down… Continue reading UTV Group Revenues Increase 2%

AOL is to buy leading social networking website Bebo in an $850 million (£417 million) cash deal. Bebo, founded by Michael and Xochi Birch in 2005, claims to have 11.4 million unique users in the UK and a total membership of more than 40 million worldwide. AOL said that the deal would give it a… Continue reading AOL Buys Bebo For $850m

MySpace, the social networking website owned by News Corporation, is launching an advertising system in the UK that targets consumers using the personal information on their profile pages.Travis Katz, the senior vice-president and general manager for international at MySpace, said the “hyper-targeting” system was already popular with advertisers in the US, reported the Guardian.The new… Continue reading MySpace To Launch Targeted Ad System

The Sun is planning an extensive redesign which will see it move closer in look to News International freesheet thelondonpaper, according to a report.The Guardian reports that the changes, which will be introduced over the next two months, will include colour-coded sections and a more modern design.It is understood that the Sun is planning to… Continue reading The Sun Planning Extensive Redesign

A pre-9pm ban on junk food ads could cost commercial broadcasters £450 million in lost ad revenues, according to a report.Brand Republic reports that despite a previous estimate from regulator Ofcom that a pre-watershed ban on the TV advertising of alcohol and foods high in fat, salt or sugar (HFSS) could cost broadcasters £250 million,… Continue reading Pre-9pm Ban On Junk Food Ads Could Cost Broadcasters £450m

Ofcom has abandoned plans for a new Public Service Publisher, saying the suggestion had served its purpose in the debate on the future of public service broadcasting by emphasising the importance of digital media.Chief executive, Ed Richards, told the Royal Television Society that the growing consumption of online content “validated Ofcom’s original PSP argument”.He said:… Continue reading Ofcom Abandons Plans For PSP

Clear Channel Outdoor UK has promoted group sales director, Rob Atkinson, to the position of UK managing director, with responsibility for driving the expansion of the company in Britain.Atkinson will report to regional president for the UK, Ireland and North Africa, Barry Sayer, and will be in charge of promoting greater synergy across all areas… Continue reading Clear Channel Outdoor Promotes Atkinson To UK MD

The BBC has said that the revamp of its digital station, BBC Three, has lured more young viewers to the channel after only a month.The corporation said share amongst 16-34s over the past month was 3.9% – a 44% rise from the same time last year. This is the highest share for 16-34s amongst all… Continue reading BBC Three Reports Positive Results Following Revamp

In 2007, global TV shipments rose 4% to almost 200 million units, worth over $100bn, and growth will accelerate to reach 280 million units, worth $160bn, by 2012, according to a new report from Understanding & Solutions. The global TV boom is being powered by consumer desire for flat panel TVs and growth in emerging… Continue reading TV Shipments To Exceed 280m Units By 2012