More Industry News articles

Twitter chief executive Biz Stone has announced that the microblogging site will not be running ads.Instead, the company wants to generate revenue by developing applications and add-on tools for business users.Speaking at a summit in New York, Stone said that there are plans to launch an analytics system by the end of the year, allowing… Continue reading Twitter says no to ads

Havas saw total revenue drop 6% year on year to €325 million in the first quarter of 2009, with organic growth declining by 8.4%. Its UK division showed “good resistance” however, with organic growth down just 1.6% year on year. Net new business was €507 million in Q1 2009, down from €510 million in the… Continue reading Havas sees total revenue fall 6% year on year

Independent News & Media has agreed a financial standstill deal with its principal banks and bondholders, giving it until late June to negotiate the refinancing of its €200 million (£178 million) bond. The standstill period starts today and runs until 26 June. INM said that to aid the negotiations a committee of bondholders has appointed… Continue reading INM agrees financial standstill agreement

Aegis has reported an 11.6% fall in organic revenue growth for the first quarter of 2009. However, the UK media-buying and research group has predicted a “resilient” performance for 2009 overall. The company said that reported group revenues, which include effects such as a significant exchange-rate benefit, grew by 6.5%, while its Aegis Media division… Continue reading Aegis reports 11.6% Q1 fall in organic revenue

A new US report from Hitwise indicates that the share of search traffic coming from paid listings is decreasing at the expense of organic traffic. In the four weeks to 9 May 2009, 7.25% of search engine traffic to all categories of websites was from paid clicks, said Hitwise. This compares to 9.84% in the… Continue reading US paid search traffic share down 26%

Saturday night was a talent show bonanza, with Britain’s Got Talent going head to head with the song writing crème de la crème of Europe in the Eurovision Song Contest 2009.The hour long BGT, on ITV1 from 8.20pm, grabbed an impressive peak of almost 10.3 million viewers – a 42% share of the TV audience… Continue reading Another Saturday night triumph for Britain’s Got Talent

The Sun is cutting its cover price from 30p to 20p in London from today, making it the joint cheapest national newspaper in London with the Daily Star.The News International paper’s cover price will remain 60p in the capital on Saturdays.ABC figures for April show that the Sun had a circulation of just under three… Continue reading Sun cuts cover price to 20p in London

Apple, IMG Sports Media and Premier League Archive have signed a new deal that will allow iTune users to watch football highlights on their iPods.Football fans will be able to download up to 50 ‘Classic Premier League’ matches from five seasons between 2002/03 and 2006/07.There will be 12 episodes available for each season as well… Continue reading iTunes to sell Premier League highlights

thelondonpaper, the afternoon freesheet published by News International, is launching an ad campaign today using three different ads with straplines including “Nada”, “Zilch”, and “Diddly Squat”.The ads, reassuring readers that nothing has changed about the paper, follow the London Evening Standard‘s recent “sorry” campaign.The text on the ads says the title is “still listening, still… Continue reading thelondonpaper launches new ad campaign

Independent News & Media has agreed a financial standstill deal with its investors, giving it until late June to negotiate the refinancing of its €200 million (£178 million) bond.The publisher of the Independent newspaper has also secured €15 million (£13.3 million) in working capital.The standstill period starts today and runs until 26 June. INM said… Continue reading INM agrees “financial standstill” deal with investors