More Industry News articles

WPP has reported a 3.8% rise in pre-tax profit and a 2.7% rise in like-for-like revenues for 2008. The global marketing services group reported profits of £747 million for the year and an operating margin of 15%, although this was below its target of 15.3%, which WPP said was due to a weak fourth quarter.… Continue reading WPP reports 3.8% rise in pre-tax profits for 2008

Malcolm Wall, chief executive of Virgin Media’s content division, is to leave the company next month.The news follows reports that Virgin Media is to sell its content business (see Virgin Media could sell content division in next few weeks).Virgin Media’s content division, thought to be worth about £500 million, includes assets such as the company’s… Continue reading Virgin Media content chief to step down

WPP’s chief Sir Martin Sorrell has announced plans to cut up to 2,000 jobs across the world’s second largest advertising and marketing company in the wake of the on-going economic crisis.Despite reporting a strong set of results for 2008 earlier this morning, Sorrell said WPP has a three-pronged strategy for weathering the recession, which will… Continue reading WPP to slash 2,000 jobs

UKTV has signed a deal with BSkyB’s Sky Player service that will see its portfolio of newly-rebranded channels such as Eden made available online for the first time.Sky Player is set to offer its subscribers on-demand content from UKTV’s factual service Eden and entertainment channel Gold from tomorrow, according to reports.The VoD subscription-based service, which… Continue reading Sky Player and UKTV sign new VoD deal

The Audit Bureau of Circulations today confirmed that is has been investigating the bulk sales element of national newspaper’s total sales figures.The circulation body is thought to of started a review following a spot check on multiple sales copies sent to airlines, which found a wide disparity between the claimed distribution figure and the actual… Continue reading ABC confirms investigation into bulk newspaper sales

IPC has unveiled its glossy magazine’s new-look website womanandhome.com with a new design, new advertising format and “a more glamorous look and feel”.The new website, which is tailored to its affluent 40-plus audience, offers easier navigation and more content across its main channels – food, hair and beauty, diet and wellbeing, and fashion.Womanandhome.com also has… Continue reading woman&home website unveils new look

Channel Five is set to make one in four staff redundant following a comprehensive restructuring plan in “the midst of one of the most difficult financial environments in history”.Five today announced plans to significantly change its organisation and management structures, which will involve merging a number of key departments such as marketing, creative, legal and… Continue reading Five to cut one in four workers

The vast majority of US adult consumers still consider the print editions of newspapers and magazines indispensable sources of news and entertainment, a survey has found. The survey, from public relations firm The Rosen Group, polled Americans about the current state of media, and what might be in store for the future. Nearly 80% of… Continue reading US adults still consider print media valuable entertainment source

Grand Designs, Channel 4’s popular house-building programme, pulled in the highest ratings during the all-important 9pm to 10pm slot last night.More than 4.2 million peak viewers tuned in to see the sixth episode of Kevin McClouds’ well-known design show, securing Channel 4 with the overall largest audience share (17.8%) during the peak hour.However, BBC One’s… Continue reading Grand Designs pulls in the highest ratings

Video-on-demand (VoD) libraries and widgets will be the first generation of video services driving adoption of connected television experiences in the U.S., according to a new report from Parks Associates. Parks Associates said that consumer electronics manufacturers and service providers will benefit from higher margins and ARPU generation in providing these web-like experiences via the… Continue reading Strong US interest in VoD libraries and TV widgets