The Telegraph Group made an operating loss of £12.1 million in the year to January 1 2006, following the £45.8 million cost of relocating to new offices and restructuring. The £45.8 million was made up of £32.2 million in relocation expenses and £13.6 million for the cost of reorganisation, which included redundancies. Turnover at the… Continue reading Telegraph Group Records £12 Million Operating Loss
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NTL:Telewest has announced that total revenue in the third quarter 2006 was £1,024.9 million, up £140.6 million compared with the second quarter of 2006, due to the acquisition of Virgin Mobile. Total revenue was up £542.2 million compared to the third quarter of 2005, which NTL says was due to the merger with Telewest and… Continue reading NTL:Telewest Announces Q3 Results
Interpublic’s revenue has remained flat for the third quarter of 2006, at $1.45 billion, up from $1.44 billion for the same period a year ago. Interpublic also recorded revenue of $4.31 billion for the first nine months of 2006, compared to $4.38 billion during the first nine months of 2005. Organic revenue increased 2.7% compared… Continue reading Interpublic Revenues Remain Flat
The board of ITV met yesterday to run through a list of potential candidates to become its chief executive. According to a report in today’s Financial Times, the informal meeting ran through names believed to include Stephen Carter, head of Ofcom; Stewart Till, chief executive of United International Pictures; Michael Jackson, former head of Channel… Continue reading ITV Board Meets To Discuss Allen’s Successor
Publicis has reported third quarter revenue of $1.3 billion for the third quarter of 2006, of which $550 million was attributed to its businesses in North America. Organic growth was 2.6%, which is slower than in previous quarters. Maurice Levy, chairman of Publicis said that this was due to the cancellation of some campaigns over… Continue reading Slow Growth For Publicis In Q3
US internet video ad spending will grow by 82.2% this year, and 89.0% in 2007, according to a new report from eMarketer. The Internet Video report analyses the fast growing online trend, with eMarketer saying that spending is low as testing new methods of video delivery and marketing are more the rule than full-play campaigns… Continue reading US Internet Video Adspend To Soar
Consumers in the UK will spend online an average of £4 million every hour, day and night during the 10 week run-up to Christmas, according to new research from the Interactive Media in Retail Group (IMRG), which includes large retailers such as John Lewis, Argos, Comet, Tesco and Ikea. This will come to a massive… Continue reading Online Christmas Spending To Reach £7 Billion
The biggest spenders on online content are 16-24 year olds, averaging £5.34 per month (£64 per year) according to new research from Nielsen//NetRatings. According to Nielsen//NetRatings, the average Briton online spends £3 a month (£36 per year) no streaming/downloading audio and video content. Although the majority of this spend (57%) still goes on audio content,… Continue reading Teens Are Biggest Online Content Spenders
The number of consumers using Voice Over Internet Protocol (VoIP) to make phone calls will exceed 4 million over the next 12 months, according to Continental Research’s Autumn 2006 Internet Report. The report says that future VoIP users are looking to ‘comfort’ brands such as BT, 02 and Sky to deliver the service, over current… Continue reading VoIP Users To Exceed 4 Million
Video-on-demand (VOD) is now in 25 million digital cable homes in the US, and 60% of digital cable subscribers have used VOD, up from 25% two years ago, according to new consumer research from Leichtman Research Group (LRG). However, LRG says that the overall impact of digital video recorders (DVRs) and VOD on US television… Continue reading VOD Now In 25 Million US Cable Homes
