Trinity Mirror has recorded a drop in revenue of 4.8% to £1,032.1 million, with the company blaming the difficult advertising environment. The group’s preliminary results for 2006 show that its national newspaper division, which includes the Daily Mirror, saw revenues fell 5.3% to £472.4 million. Commenting on the results, Sly Bailey, chief executive of Trinity… Continue reading Trinity Mirror Records Revenue Drop

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

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

Virgin Media saw its revenue increase to £1,081.6 million in the fourth quarter of 2006, up from £1,024.9 million in Q3. Year on year revenue growth in Q4 was £597 million, which Virgin Media says is due to the merger with Telewest and the acquisition of Virgin Mobile. Consumer revenue in the fourth quarter of… Continue reading Virgin Media Records Q4 2006 Revenue Increase

The imminent restructure of Emap’s consumer business will see jobs cut, according to Emap Consumer Media CEO Paul Keenan. Speaking at today’s MediaTel Group Future of Magazines seminar, Keenan said that the changes would see Emap stop doing a number of processes, which will in turn lead to job losses. However, Keenan stressed that the… Continue reading Job Losses To Come At Emap’s Consumer Business

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

Virgin Media lost 37,000 customers in the last three months of 2006, according to a financial statement released by the company today.It telephony service had 64,300 net fewer subscribers, with Virgin Media putting this down in part to competitive pressure.Broadband saw strong growth in the number of subscribers, with net additions of 78,100 in the… Continue reading Virgin Media Loses Customers