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Analysts at American investment bank Goldman Sachs have given a boost to media company shares, saying that some stock sell-offs have been overdone.Goldman put BSkyB on its “conviction buy” list, saying that although the ad market is expected to deteriorate moving into 2009, the satellite broadcaster only has limited exposure to this with just 8%… Continue reading Goldman Sachs Provides Boost To Media Companies

ITV has secured the rights to air highlights of the Guinness Premiership English club rugby union matches this season, taking over from the BBC.The new hour-long weekly highlights show on ITV4, which will be presented by Craig Doyle, will air on Sunday evenings at 6.30pm – a similar time to the BBC’s Rugby Special programme.The… Continue reading ITV Secures Rights To Rugby Highlights

Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year.The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts.The group posted organic revenue growth of 8.2%… Continue reading Aegis Reports Increase In Profits For First Half Of 2008

GCap’s national sales director, Simon Daglish, is set to leave the company following the planned merger of the Global Radio and GCap Media’s sales teams.Ashley Tabor, founder of Global Radio, announced to his staff that Daglish would be departing and the teams would come together in a central London location by the autumn.He said: “My… Continue reading Daglish Set To Leave As Global And GCap Sales Teams Merge

A high percentage of mobile phone users in the UK, US and India say they are receiving advertising messages through their mobile phones, according to the latest Mobile Advertising Report (MAR) from GfK. The research shows that 85% of mobile users in India, 51% in the UK, and 37% in the US said they receive… Continue reading High Percentage Of Mobile Users Receiving Advertising Messages

Bauer Media’s men’s style magazine Arena has appointed Glenn Waldon as style director, with Anthony Noguera, Bauer Media men’s lifestyle editorial director taking a more hands on role at the title.Noguera will be closely managing the editorial development of Arena, in addition to his current responsibilities.Waldon is a former editor of i-D magazine and currently… Continue reading Arena Makes New Appointments

Mobile web usage is not only gaining traction in the United States but soon will surpass the UK, according to new data released by Bango. According to Bango data, the top five countries accessing the mobile web via Bango in July 2008 were the UK at 19.35%, the US at 18.88%, India at 10.82%, South… Continue reading US Mobile Web Usage To Overtake UK

Redwood has announced the launch of a digital format for Electric!, the bi-monthly entertainment magazine for Virgin Media customers.The digital edition of Electric!, Virgin Media’s entertainment magazine for 18 to 55-year-olds, aims to bridge the gap between the print magazine, website and regular Electric! email newsletters sent to customers.The e-zine will be created using the… Continue reading Virgin Media’s Electric! Goes Digital

Carat has issued revised forecasts for global advertising expenditure in 2008 and 2009. The worldwide prediction for 2008 has been revised downwards by just over a percentage point from 6.0% to 4.9%. 2009 is also very slightly reduced, from 4.9% growth to 4.8%. Year on Year % Growth At Current Prices    2007a 2008e 2009e… Continue reading Carat Revises Down Global Ad Forecast

BBC One managed to win the battle of the new programmes with ITV1 last night, topping the ratings with the first in the series of Mutual Friends.The new comedy drama, starring Marc Warren and Alexander Armstrong, pulled in more than 4.5 million average viewers with a 19.6% audience share between 9pm and 10pm.ITV1’s rival show,… Continue reading BBC One And ITV1 Came Head To Head With New Shows Last Night