Vincent Bolloré has told Havas shareholders that he does not expect to win two seats on the Aegis board at their annual shareholder meeting on Wednesday. Speaking at Havas’ annual shareholder meeting Bolloré said: “We don’t have much hope of being appointed,” although he did add that under British law a shareholder with a stake… Continue reading Bollore Does Not Expect Two Seats On Board

Aegis’ upcoming AGM will see shareholders given one vote for each share they own, as Group Bolloré’s proposals to have Philippe Germond and Roger Hatchuel (see External Candidates For Aegis Board) elected to the board come under increased attack. Voting on the resolutions on June 14 (see Aegis Board Urge Shareholders To Block Nominations) will… Continue reading Aegis Board: One Share, One Vote

Joaquim Agut Bonsfills, chief executive of production company Endemol, has resigned amid speculation that the company is about to be sold by its Spanish owner Telefonica. British Tom Barnicoat has been tipped as the new head of the Dutch Big Brother producer. Mr Barnicoat is currently the chief operating officer and a former head of… Continue reading Endemol Chief Exec Quits Amid Takeover Speculation

First-quarter organic growth for the Publicis Groupe grew 6.3%, its chairman and chief executive Maurice Levy told shareholders at the network’s AGM yesterday. At the meeting, he said: “New business remains vigorous and promising. In addition, the overall global advertising environment is favourable, marked by strong growth in the US and China, as well as… Continue reading Publicis Sees Q1 Growth

Mobile TV will take off in a big way this year, according to a report by Informa Telecoms & Media, with the World Cup providing the spark for the launch of services across Europe. Informa predicts that the £300 million of revenue will come from users accessing streaming and broadcast services on their phones in… Continue reading World Cup To Kick Off Growth For Mobile TV

More people are watching digital television in the UK than ever before, according to Ofcom’s latest Digital Progress Report. Digital television viewing in the first quarter of 2006 in the UK was up from 69.5% at the end of 2005 to 72.5% or 18.2 million. For the first time, digital terrestrial households exceeded analogue terrestrial… Continue reading Digital Television Thriving In UK

Advertising revenue at ITV1 could fall by as much as 23% next month, according to media buyers. Britain’s leading commercial channel is expected to see disappointing figures for June, with revenue perhaps falling 3 to 5% year on year in the run up to the World Cup. Many advertisers were deliberately avoiding the World Cup… Continue reading ITV Ad Revenue To Tumble

The Carphone Warehouse has received a huge response to its offer of free broadband through its TalkTalk service, with initial demand significantly ahead of forecasts, reveals the group’s preliminary results for the year ending April 1 2006. According to Charles Dunstone, the chief executive officer of The Carphone Warehouse, it has connected more customers in… Continue reading Free Broadband Exceeds Expectations For Carphone Warehouse

Daily Mail & General Trust is to lose its place on the FTSE 100, based on market capitalisations at the close of business last night. The company, whose group businesses include Associated Newspapers and dmg world media, has performed badly all year, seeing its share price drop 20% in that period and failing to sell… Continue reading DMGT Loses Place On FTSE 100

WPP’s poor share price performance could cost its chief executive, Sir Martin Sorrell, up to £44 million, despite a leap in his pay cheque by more than a third to £3.3 million. Sir Martin could still get his full bonus if WPP’s share price takes off over the next three years. However, for the maximum… Continue reading WPP’s Poor Share Performance Costs Sorrell £44 Million