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Profits at FT Publishing fell 40% in the first half of this year, with sales down 13%. FT Publishing is the newspaper and magazine division of Pearson and owns the Financial Times and has a 50% stake in the Economist. The division’s adjusted operating profit fell from £30 million in the first six months of… Continue reading FT publisher’s profits fall 40%

BBC One’s new Rivers with Griff Rhys Jones dominated the 9pm to 10pm peak-hour last night with a high of more than 5 million viewers.The channel’s new five-part documentary series managed to secure over 4.7 million average viewers and a 20% audience share during the all-important slot.BBC Two’s Sunday evening prime time programme On Thin… Continue reading Overnights: The BBC’s Sunday night line-up pips ITV1 to the top spot

AOL has decided to rebrand its Platform-A advertising services brand following a 100-day review by its new CEO Tim Armstrong.The ad sales operation, which was launched just ten months ago and includes Tacoda, Advertising.com, Third Screen Media and Adtech, will be renamed AOL Advertising.As part of the rebrand, the new division will look to automate… Continue reading AOL rebrands Platform-A

BT Vision is set to introduce Sky Sports on its on-demand platform next year in a bid to bolster its paid-for content.BT Vision’s chief executive Marc Watson claims both Sky and BT will benefit from the deal, which will allow BT customers to access the full Sky Sports package – a step up from the… Continue reading BT Vision to broadcast Sky Sports

US advertisers continue to rely on a mix of media types, although print is clearly suffering, partly at the expense of internet and digital advertising, according to new research from LinkedIn and Harris Interactive. The majority of advertisers (92%) are now using internet advertising in their media campaigns compared with 88% that are using print,… Continue reading US advertisers continue to rely on different media types

Absolute Radio has signed British Gas as a new sponsor for the station’s Christian O’Connell breakfast show.The six month sponsorship deal will include British Gas branded pre-show trails across the station throughout the day, as well as in-show credits and features.To celebrate today’s launch, the Absolute website homepage will also have a British Gas “re-skin”… Continue reading British Gas to sponsor Absolute Radio

Western Europe mobile local search ad revenues are forecast to reach €1.4 billion by 2013, according to BIA’s Kelsey Group. It predicts that mobile search advertising revenues in Western Europe will grow from €39 million in 2008 to €2.3 billion in 2013, representing a compound annual growth rate (CAGR) of 125.4%. Revenues for the local… Continue reading Western Europe mobile ad revenues forecast to increase

ITV is understood to be close to finalising a deal for Friends Reunited with internet entrepreneur Peter Dubens.Duben’s private equity firm Oakley Capital is in exclusive talks with ITV to agree a deal for around £15 million, a £160 million loss on the price the broadcaster paid for the site in 2005, according to the… Continue reading ITV to sell Friends Reunited at £160m loss

Publicis Groupe has reported an 8.6% fall in global organic revenue growth for the second quarter of 2009 and although it is forecasting a slow recovery from September it expects no positive growth until mid-2010. The first six months of the year saw organic revenue growth fall 6.6% year on year. Revenue for the period… Continue reading Publicis Groupe reports fall in global revenue growth

Five has been forced to slash its programme budget by 25% this year as a result of the ongoing advertising downturn.The commercial broadcaster has reduced its budget to £165 million, down from £220 million last year, which is the biggest percentage fall of any broadcaster in the UK.However, Five’s newly reduced budget still sits above… Continue reading Five cuts its programme budget by 25%