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Global communications network, Aegis Group, has acquired the international research business Censydiam in a deal worth up to £8.75 million. Censydiam is based in Belgium but has offices in six other European countries as well as the US and Hong Kong. The company had revenues of approximately £15.7 million in 2002. Aegis will pay an… Continue reading Aegis Snaps Up Belgian Market Research Firm

Ulster Television (UTV) continued to outperform the ITV Network in advertising revenue growth during the first half of the year, reporting a 1% rise in airtime revenues, as against ITV’s 5% decline. This pushed UTV’s share of total ITV revenue up to a record 2.4%.Ulster TV has consistently outperformed its ITV franchise peers for some… Continue reading Ulster TV Continues To Outperform ITV In First Half

Continuing weak advertising conditions in Europe have contributed to a 2.8% decline in first half revenues at outdoor contractor JCDecaux. Revenues came in at £758.2 million, which, when excluding acquisitions and the impact of foreign currencies, is a 1.0% rise over last year. The US was the strongest region, recording double digit growth. This is… Continue reading Weak Europe Mutes JCDecaux’s First Half

MediaCom has restructured its press buying division with the promotion of two key figures to newly created positions.Sanjay Shabi has been promoted to the position of board director, with responsibility for implementational planning and campaign management for all clients across the press buying unit.Meanwhile, Reg Kemble takes up the position of head of retail press… Continue reading MediaCom Revamps Press Buying Unit With Key Promotions

Stronger than expected activity in the US and a slight upturn in Europe has prompted ZenithOptimedia to raise its full year forecast for global advertising expenditure. However, the revision was small and the outlook is for modest growth moving into 2004. Analysts estimate that the ad market will grow to the tune of 3.2% this… Continue reading Zenith Sees Signs Of Recovery In Ad Market

Cable firm Telewest Communications has finalised restructuring plans and agreed a debt-for-equity swap that will leave shareholders with just 1.5% of the company. Protracted talks with bondholders, notably W.R.H Huff Asset Management, Liberty Media and IDT Corporation, have resulted in a deal which will see £3.5 billion of Telewest debts exchanged for shares. The refinancing… Continue reading Telewest Agrees Restructuring Deal

The Times London Film Festival has secured Berkmann Wine Cellars as the primary sponsor of this year’s festival.The deal, which represents Berkmann’s first foray into film and sponsorship, is designed to increase consumer awareness of the company and its key wine producers.Berkmann will also sponsor the UK premier of Bernardo Bertoluuci’s The Dreamers, which will… Continue reading The Times Teams With Berkmann Wines For Film Deal

There was little movement in the media sector yesterday as traders reflected on the tragic terrorist attacks of 11 September 2001. Trading on Wall Street halted on four separate occasions to mark the moments that hijacked planes hit the two towers of the World Trade Centre and the times at which the towers fell.Analysts reflected… Continue reading Sharewatch: Subdued Trading In Shadow Of Tragedy

UK magazine publisher Highbury House Communications (HHC) today said that the costs of its acquisition and restructuring programme, together with continued weak business publishing markets, are likely to push down profits for the whole of 2003.Announcing first half financial results, the group said that the second half of the year should see a good performance… Continue reading Highbury House Profits Fall After Restructure Costs

Aegis Group has appointed Nigel Morris as the first ever head of its global interactive division, in a move that reflects a return to confidence in the online advertising market.In his new role, Morris will be responsible for developing the interactive business across 22 countries into a truly cohesive global network with common products, systems… Continue reading Aegis Appoints First Head Of Global Interactive Division