Publicis Groupe has reported 14.8% growth in profits for 2006 to €443 million, and a record operating margin of 16.3%. 2006 revenue of €4,386 million were up 5.6% at constant scope of consolidation and exchange rates (i.e., organic growth). All geographical regions contributed, with organic growth 5% in Europe, 5.1% in North America, 5.3% in… Continue reading Publicis Records 2006 Profits Growth
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Interpublic Group recorded organic revenue growth of 0.4% in the fourth quarter of 2006 compared to the same period a year previously. Full year organic revenue increased by 1.0% for 2006 compared with 2005. Fourth quarter 2006 revenue was $1.88 billion, compared to $1.90 billion the same period a year previously. Full year 2006 revenue… Continue reading Interpublic Sees Q4 2006 Revenue Growth
Viacom’s full year 2006 revenues of $11.47 billion rose 19% from $9.61 billion in 2005, reflecting a 7% increase in media networks revenues to $7.24 billion. Fourth Quarter 2006 revenues of $3.59 billion grew 32% from $2.72 billion in 2005, whilst worldwide advertising revenues rose 6% to $1.26 billion from $1.19 billion in 2005. Sumner… Continue reading Viacom Records Revenue Increase
A new report from eMarketer forecasts that US spending on podcast advertising will grow nearly fivefold by 2011. In 2005, advertising spending on podcasting in the US was a mere $3.1 million, rising to $80 million in 2006, according to the online market research group. Podcast distribution and viewing mechanisms are proliferating, but even the… Continue reading US Advertisers To Increase Spending On Podcasts
The magazine industry needs to adapt in the digital age, with the key being the evolution of content to take readers online, rather than the replication of magazines online, according to panellists at this morning’s latest MediaTel Group seminar. It is important to give readers a reason to go to magazines’ online offerings, said Future… Continue reading Magazines Must Work Harder To Evolve Content For Digital Platforms
Speaking at the latest MediaTel Group seminar, on the Future of Magazines, Marc Mendoza, managing partner of Media Planning Group, aired his views on the current and future relationships between media agencies and publishers. Unsurprisingly, Mendoza said that media agencies want the benefits of tried and trusted titles, such as circulation guarantees, but linked in… Continue reading Magazine Brands Coming Second To Risk Aversion
The magazine industry is in the midst of a revolution with opportunities outweighing risks in the sector, according to Paul Keenan, chief executive of Emap Consumer Media, who was speaking at MediaTel Group’s latest seminar this morning. Fellow panellist, Future plc’s chief executive, Stevie Spring, was equally optimistic. “The buying and reading of magazines is… Continue reading Seminar Spawns Optimism For Magazine Market
BT has announced the appointment of Steve Norris as head of BT Vision Sport, with effect from April 1.Norris was previously vice-president of operations and production at TAJ Television, a Dubai based sports TV channels network. He will report to Marc Watson, BT Vision’s commercial directorHe was joint founder of TAJ Television in 2000, when… Continue reading BT Vision Appoints Head Of Sport
The ongoing merger talks between SMG and UTV have come to an end, with SMG abandoning the talks and appointing Rob Woodward as its new chief executive.SMG said that talks ended as a result of differing views over the level of SMG’s pension liabilities.SMG also appointed Richard Findlay, former boss of Scottish Radio Holdings, as… Continue reading UTV/SMG Merger Talks Abandoned
Former Virgin Radio presenter Martin Collins has been lined up as the next presenter of GMG Radio’s Smooth drive-time show.It is expected that Collins will begin broadcasting on Smooth on March 26, as part of a major revamp of the station’s daytime line-up.Last week GMG announced that Graham Dene had been recruited to front the… Continue reading Collins Goes From Virgin To Smooth
