More Industry News articles

Publicis Groupe, the world number four advertising agency, is looking for acquisitions, according to chairman and CEO Maurice Levy. Talking to the Wall Street Journal, Levy said: “We are contemplating several possible strategies in terms of acquisitions. “We will definitely move to an acquisition strategy provided it does service the interest of shareholders.” Levy was… Continue reading Publicis Looks To Implement Acquisition Strategy

Metro International has announced its financial results for the third quarter and the nine months ended September 30 2006. For Q3 2006, net sales increased by 18% to $87.1 million (2005: $74.0 million). At constant exchange rates, net sales improved by 11%. Metro International recorded a group operating loss of $8.9 million (2005: loss of… Continue reading Metro International Announces Q3 And Nine Month Results

Omnicom has announced that its net income for the third quarter of 2006 increased 9.5% to $177.1 million from $161.7 million in the third quarter of 2005. Worldwide revenue increased 10.0% to $2,774.3 million from $2,522.9 million in the third quarter of 2005. Domestic revenue for the third quarter of 2006 increased 7.8% to $1,540.5… Continue reading Omnicom Releases Third Quarter Financial Results

ITV are supposedly lining up a ‘dream team’ of Stephen Carter, former head of Ofcom, as chief executive, and Channel 4’s Kevin Lygo as director of programmes. According to reports in the trade press, the duo are the frontrunners to take over the posts, with shareholders wanting to bring in a new programming chief at… Continue reading ITV Could Get Carter

ITV shareholders are urging the company to appoint a new chief executive by Christmas, according to a report in the Guardian. The shareholders are apparently unhappy at the slow progress of the search for a replacement for Charles Allen. The report says that headhunters Zygos have widened their search for a new CEO to include… Continue reading ITV Shareholders Want New CEO By Christmas

Yahoo! is coming under increasing pressure to invest in more social networking as internet users move to sites such as MySpace and YouTube, according to analysts. Yahoo! could potentially be interested in bidding for Facebook, a smaller rival to MySpace. The pressure on Yahoo! follows the acquisition by Google of YouTube, the video sharing website,… Continue reading Yahoo! Under Pressure To Invest In Social Networking

The final ever Prime Suspect, starring Helen Mirren as the alcoholic DSI Jane Tennison, lured an average of 7.6 million adults to ITV1 last night, taking a 36.5% viewing share between 9pm and 11pm.Prior to the long-running police drama, the final episode in the series of Heartbeat spin-off The Royal also proved a hit for… Continue reading 7.6 Million Adults Tune In To Prime Suspect Farewell

Thomson Intermedia plc, a leading provider of media intelligence, has signed a partnership agreement with WPP’s GroupM, the world’s leading media agency group which controls more than 25% of the UK’s media spend.The partnership will see GroupM and its agencies, including Mindshare, Mediacom and Mediaedge: CIA, use the enhanced and tailored Thomson Intermedia services and… Continue reading Thomson Intermedia Boosts Media Profile With GroupM

The makers of VOIP giant Skype are set to announce a new project aimed at distributing television and video over the internet.“The Venice Project”, which claims to combine the best things about TV with the social power of the web, is said to be announced at a television conference in New York by Fredrik de… Continue reading Skype Creators Develop New TV And Video Over Internet Project

Mobile phone operator O2 has announced that it is to offer a broadband service starting from spring 2007.According to reports in the trade press, O2 has begun talks with BT and Cable & Wireless about the offering but as yet no deal has been brokered.The reports quote CEO Peter Erskine as denying that the company… Continue reading O2 To Offer Broadband Service Next Year