Omnicom has announced that its net income for the third quarter of 2006 increased 9.5% to $177.1 million from $161.7 million in the third quarter of 2005. Worldwide revenue increased 10.0% to $2,774.3 million from $2,522.9 million in the third quarter of 2005. Domestic revenue for the third quarter of 2006 increased 7.8% to $1,540.5… Continue reading Omnicom Releases Third Quarter Financial Results

ITV are supposedly lining up a ‘dream team’ of Stephen Carter, former head of Ofcom, as chief executive, and Channel 4’s Kevin Lygo as director of programmes. According to reports in the trade press, the duo are the frontrunners to take over the posts, with shareholders wanting to bring in a new programming chief at… Continue reading ITV Could Get Carter

Mobile phone operator O2 has announced that it is to offer a broadband service starting from spring 2007.According to reports in the trade press, O2 has begun talks with BT and Cable & Wireless about the offering but as yet no deal has been brokered.The reports quote CEO Peter Erskine as denying that the company… Continue reading O2 To Offer Broadband Service Next Year

ITV shareholders are urging the company to appoint a new chief executive by Christmas, according to a report in the Guardian. The shareholders are apparently unhappy at the slow progress of the search for a replacement for Charles Allen. The report says that headhunters Zygos have widened their search for a new CEO to include… Continue reading ITV Shareholders Want New CEO By Christmas

Yahoo! is coming under increasing pressure to invest in more social networking as internet users move to sites such as MySpace and YouTube, according to analysts. Yahoo! could potentially be interested in bidding for Facebook, a smaller rival to MySpace. The pressure on Yahoo! follows the acquisition by Google of YouTube, the video sharing website,… Continue reading Yahoo! Under Pressure To Invest In Social Networking

As of 2006, 63% of the US population aged 3 and over uses the internet at least once a month, according to new research from eMarketer. US internet users aged 50 and over total 46.8 million, or 26% of the total US internet user population. Adults aged 50 and older make up an estimated 29.4%… Continue reading US Internet Users Over 50 Reach 46.8 Million

Internet users from France, Germany, Italy, Spain and the UK are more likely to use their mobile phones to go online than internet users in the US, according to the inaugural findings from comScore Networks’ Mobile Tracking Study. The study, which is designed to analyse how consumers across six countries go online on their mobile… Continue reading Europeans More Likely Than Americans To Go Online Via Mobiles

Non-voice services will account, on average, for 13.3% of total service revenues for US mobile operators in 2006 and this is set to grow to 24.5% by 2011, according to a new report from Analysys. The US Mobile Market: Trends and Forecasts 2006-11 report says that the biggest driver of this growth is entertainment services,… Continue reading Entertainment To Drive US Mobile Data Revenues

Affluent working women in the US with family incomes of $75,000 or more are growing in number and 94.3% access the internet during an average month, according to new research from The Media Audit. From 2004 to 2005 the percentage of affluent working women making five or more purchases on the internet increased from 54.1%… Continue reading Affluent US Women Increase Internet Purchases

The worldwide mobile phone market is edging ever nearer to one billion units shipped for the year, with a total of 254.9 million units shipped in the third quarter of 2006, according to IDC’s Worldwide Quarterly Mobile Phone Tracker. Worldwide shipments of mobile phones were up 7.9% from the previous quarter and up an impressive… Continue reading Worldwide Mobile Phone Market Sees Record Shipments