More Industry News articles

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

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 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

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%

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

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

Semantic search engine Wolfram Alpha has launched today, potentially changing the way users find information online.The service, developed by UK physicist Stephen Wolfram, responds to queries by searching through a database and providing a direct answer, including graphs and charts if relevant, rather than providing a list of links as Google does.Wolfram says that the… Continue reading Semantic “search engine” launches today

BBC Magazines is preventing the closure of Good Homes magazine by selling it to Kelsey Publishing.BBC Magazines announced the closure at the end of last month, citing a drop in circulation (see BBC Good Homes magazine set to close).Staff will be asked if they want to transfer to the new publisher, with Kelsey’s first issue… Continue reading Kelsey Publishing buys BBC Good Homes magazine

London free title Metro has launched a professional content channel on its user-generated MEview platform.The new VIP channel, which will feature a variety of celebrity interviews as well as coverage of high-profile events such as the Cannes Film Festival, has been produced by the digital broadcaster t5m.Metro also plans to add archive content to the… Continue reading Metro launches new VIP channel

UTV Media, owner of the Northern Ireland ITV franchise and talkSPORT, has reported a 19% decline in ad revenues at its TV division and a 15% drop at its radio operation for the first four months of the year. The broadcasting group, which owns more than 20 radio stations across the UK and Ireland, said… Continue reading UTV reports 19% drop in ad revenue