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Interim results released from Telewest Communications today show that the group’s financial restructuring plans are beginning to bear fruit as operating income rose to £39 million for the first half of 2004, up from £5 million on the same period last year. The group said that growth in both customers and revenues, coupled with reduced… Continue reading Customer And Revenue Growth Driving Profits At Telewest

GWR, owner of Classic FM, has today announced that the first half of this year has got off to a strong start as second quarter analogue revenues, which account for 92% of the group’s total income, jumped by 5% year-on-year. Speaking at the annual general meeting (AGM), chairman Ralph Bernard said that from the three… Continue reading Trading At GWR ‘Remains Encouraging’

Havas, the French advertising group, has said it is interested in bidding for American rivals, Grey Global Group, starting with an offer of over $1 billion (£550 million). Chairman and chief executive officer of Havas, Alain de Pouzilhac, told French newspaper Le Figaro that he was interested in buying Grey and had secured financial backing.… Continue reading Havas Chairman Confirms Interest In Bidding For Grey

Outdoor advertising giant JCDecaux announced this morning that revenues for the first half of this year grew by 4.5% to â‚Ź792.3 million, spurred on by the European advertising recovery in quarter two. For the six month period ending 30 June 2004, the street furniture division performed strongly, growing by 5.5% year-on-year to over â‚Ź430 million.… Continue reading European Ad Recovery Spurs JCDecaux Revenue

Cross-media superpower Emap saw one of the few rises amongst media stocks yesterday, adding 0.42% to close at 725p. Yesterday saw the company announce a revamp for two of its biggest selling magazines, music title Q and movie bible Empire.Among the changes are a revised, international focus for Empire comprising a new logo, strapline, size… Continue reading Sharewatch: Emap Rises As Titles Receive Facelift

Advertisers need to proceed with extreme caution when employing word of mouth and viral marketing campaigns as the results can be potentially catastrophic, according to new research from independent market analyst Datamonitor.The study suggests that negative experiences, where consumers spread negative or incorrect messages about a brand, can elicit twice as many referrals to friends… Continue reading New Research Warns Of Backfiring Viral Campaigns

Emap is revamping its flagship teen magazine Bliss next month in an attempt to offer readers more grown-up content.The new-look title will be supported by an updated website at blissmag.co.uk and promises to give readers a more stylish package containing more tightly focussed content that is both supportive and relevant to its young readers.Emap claims… Continue reading Bliss Gets A Facelift To Compete In Tricky Teen Market

Capital Radio Group has secured an extensive one-year deal with British Airways that will see the airline become the exclusive broadcast sponsor of a range of drivetime shows across the network.The deal marks Capital’s third major cross-brand sponsorship and covers drivetime shows on 95.8 Capital FM, Southern FM, Ocean FM and Capital Gold Network, as… Continue reading Capital Secures Major Sponsorship Deal With British Airways

Havas, the French advertising group, has said it is interested in bidding for American rivals, Grey Global Group, starting with an offer of over $1 billion (£550 million).Chairman and chief executive officer of Havas, Alain de Pouzilhac, told French newspaper Le Figaro that he was interested in buying Grey and had secured financial backing.During the… Continue reading Havas Chairman Confirms Interest In Bidding For Grey

ITV has secured Yellow Pages to sponsor The Block, a new home improvement reality-TV show that follows four couples who have been given £250,000 to renovate a block of flats whilst under round-the-clock surveillance.The show, which is being dubbed as a cross between Big Brother and Property Ladder, has been a massive hit in Australia.… Continue reading ITV Sales Signs Deal To Put Yellow Pages On The Block