The worldwide creative chief of advertising and media services agency, Publicis, is reported to be leaving the agency to start a non-advertising business in a joint venture with his current employer. David Droga has declined to provide any details about the new company or his partners, other than to say they are not from the… Continue reading Publicis Creative Chief To Start New Company

Merrill Lynch, predicts that online travel agency revenues will rise by 19% in 2005, reaching $27.7 billion. The analyst claims that online travel sales are winning a larger share of the overall travel market, accounting for nearly 30% of the total this year, up from 25% in 2004 and 21% in 2003. According to Merrill,… Continue reading Online Travel Revenues To Rise By 19% In 2005

Interactive TV advertising is becoming increasingly important for branding campaigns, with research carried out by IDS claiming that dedicated advertiser locations (DALs) are the most popular format, with 29% of respondents saying that DALs achieved the best results. In May, IDS conducted a online survey looking into industry opinion on interactive television advertising and found… Continue reading Interactive TV Advertising Increases In Importance

This afternoon sees the release of ABC magazine circulation data for the six months to June, shedding light for the first time on the performance of several new magazines, including Emap’s high-profile women’s weekly Grazia.The industry will be keen to see the revelations of ABC’s latest statistics, which will also give an update on the… Continue reading ABCs To Shed Light On New Titles Today

European regulations surrounding the unbundling of local looped telephone networks is hampering the development of next-generation broadband networks, according to the Fibre-to-the-home (FTTH) Council of Europe.The FTTH claims that recent uncertainty over Euro-regulations has discouraged investment in high-speed networks, although representatives from telecoms regulatory bodies in the EC, UK, France and the Netherlands claimed last… Continue reading Euro Regulations Stifle Broadband Growth

Publishing group, United Business Media (UBM), has bought three online and events companies for $56.5 million, adding on to its existing industry businesses. The company has acquired online publishing, live events and research/analysis group, Light Reading Inc for $24 million, US chemicals events business Informex for $24 million and online electronics business media platform TechOnLine… Continue reading UBM Buys Extends Online And Events Reach

Outdoor advertising group, Maiden, has issued an update on the six months ended 30 June 2005, revealing trading conditions over the summer to be showing signs of improvement over last year, with Group billings marginally up in the first six months. The expected continued challenging conditions in the advertising market is shown to have adversely… Continue reading Maiden Reveals Improved Summer Trading

Grey Worldwide has announced the appointment of former Euro RSCG Worldwide chairman and chief executive officer, Jim Heekin, to chairman of the WPP owned media network. Heekin will take up his new role from September 6, after months of rumours involving discussions with talks intensifying following his resignation from Havas owned, Euro RSCG Worldwide, at… Continue reading Grey Appoints Heekin As Chairman

The online newspaper industry is predicted to enjoy strong gains over the next three years, with new research from US analyst, eMarketer, forecasting revenues to increase to $2.26 billion in 2008, up from $1.03 billion in 2004. The Online Publishing: Focus on Newspapers report claims that consumption of online news is rising, due to increasing… Continue reading Online Newspaper Industry Forecast To Enjoy Strong Gains

European regulations surrounding the unbundling of local looped telephone networks is hampering the development of next-generation broadband networks, according to the Fibre-to-the-home (FTTH) Council of Europe. The FTTH claims that recent uncertainty over Euro-regulations has discouraged investment in high-speed networks, although representatives from telecoms regulatory bodies in the EC, UK, France and the Netherlands claimed… Continue reading Euro Regulations Could Restrict Broadband Growth