More Industry News articles

Havas reported a 3.6% year on year rise in revenue to €755 million (£607 million) in the first half of the year. The company said that the rise in revenue was due in large part to strong business growth in key markets reflecting new account wins and increased market share. Organic growth was up 6.4%… Continue reading Havas Sees Revenue Rise

Xfm Scotland will be completely rebranded to become a part of Global Radio’s Galaxy network in the autumn, following Global’s £375 million takeover of GCap Media.The indie music station is expected to see a radical change of it’s music output as it joins the dance network, which currently has stations in Birmingham, Manchester, Yorkshire and… Continue reading Xfm Scotland Will Be Rebranded To Join Galaxy Network

Jerry Springer’s Who Do You Think You Are? beat the UEFA Champions League Live last night, pulling in more than 6.8 million peak viewers.The popular BBC One series, which uncovered the American chat show host’s daunting Holocaust past, gained a significant 27% audience share with an average of 6.5 million viewers between 9pm and 10pm.Meanwhile,… Continue reading Jerry Springer Beats Football

Lisa Snowdon is set to become a permanent fixture alongside breakfast show host, Johnny Vaughan, at London’s Capital 95.8 radio station.Snowdon replaces Denise Van Outen, who left her role just six months into her year-long contract in July (see Van Outen To Leave Capital).She has been filling in on the show since Van Outen’s departure… Continue reading Lisa Snowdon Steps Into Van Outen’s Shoes At Capital

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… Continue reading Aegis Reports Increase In Profits For First Half Of 2008

Adjustments to the UK regulatory framework are required given consumers’ rapid adoption of mobile broadband services, according to an Ofcom-commissioned report from Analysys Mason. The study, which forms part of Ofcom’s ‘Mobile Sector Assessment’ consultation, considers the recent dramatic increases in data service usage, which could accelerate over the next five years. Widespread access to… Continue reading Changes Required In Regulation Of UK Mobile Industry

BBC Worldwide is set to launch an ad-backed online music service, with free and paid-for access to the BBC’s extensive audio and video archive, if approved by the BBC Trust.The broadcaster’s commercial arm is working on a test version of the service now, which it hopes to launch in November, before a full roll-out in… Continue reading BBC Worldwide Set To Launch Online Music Service

Independent News & Media saw pre-tax profits at its UK division fall 26.9% for the first half of the year. Independent News & Media UK reported pre-tax profits of €4.7 million (£3.7 million) for the first six months of 2008, down from €7.3 million (£5.8 million) a year earlier. UK revenues totalled €115.6 million (£92.2… Continue reading Independent News & Media Sees Pre-tax Profits Fall

Carat has issued revised forecasts for global advertising expenditure in 2008 and 2009, with the worldwide prediction for 2008 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%.The main driver of the reductions for 2008 is downward revisions for ad spend… Continue reading Carat Revises Down Global Ad Forecast

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… Continue reading Goldman Sachs Provides Boost To Media Companies