JCDecaux, one of the world’s leading outdoor advertising companies, has today announced strong end of year results which were achieved in spite of challenging market conditions.The group saw EBITDA rise by 7.4% to €405.3 million and net income more than doubled from €10.2 million in 2001 to €26 million last year. These results reflected the… Continue reading JCDecaux Exceeds Expectations In 2002
In a widely anticipated move, Barry Diller has resigned as co-chief executive of Vivendi Universal Entertainment and will turn his full attention to the USA Interactive business. This development has raised speculation that Vivendi is planning to sell off its entertainment unit which includes film studios, theme parks and cable networks (see Bidders Move On… Continue reading Diller Quits Post At VUE
Rupert Murdoch’s News Corporation has announced plans to issue a bond exchangeable for shares in its UK satellite broadcaster BSkyB. The company maintained that the $1.35 billion issue was necessary for “general corporate purposes” but the move has rekindled speculation that Murdoch is raising funds in preparation for a bid for US satellite company DirecTV.… Continue reading News Corp To Raise $1.35 Billion By Remortgaging Sky Stake
JCDecaux, one of the world’s leading outdoor advertising companies, has today announced strong end of year results which were achieved in spite of challenging market conditions. The group saw EBITDA rise by 7.4% to €405.3 million and net income more than doubled from €10.2 million in 2001 to €26 million last year. These results reflected… Continue reading JCDecaux Exceeds Expectations In 2002
ITV advertising revenues at Granada are expected to be flat year on year in the company’s first half, which covers the six months to March. The comparisons are made tougher by the fact that the relatively lucrative Easter weekend fell into the first half in 2002, but will be in the second half this year.… Continue reading Granada Sees ITV Adspend Up 3-5% In April
Regional newspaper publisher, Johnston Press, says that it has made a satisfactory start to 2003, although the outlook remains ‘cloudy’ as a result of wider geo-political events. The group’s year-end financial results show pre-tax profit up by 32.1% to £97.2 million and operating profit up 44.7% at £129.5 million in 2002. Johnston says that advertising… Continue reading Johnston Press Remains ‘Acquisitive’ As Profits Rise
The ASA has upheld complaints against a series of national press ads for Zig Zag cigarette papers, following complaints that they glamourised smoking.The ads, which appeared in a number of magazines, including men’s lifestyle titles Front and Bizarre, featured a selection of women with the words “smooth skins” tattooed on their naked shoulders.Complainants objected to… Continue reading ASA Extinguishes Glamorous Smoking Ads
Daily Mail & General Trust was seen in focus, up 4.48% after posting fairly positive results and claiming satisfaction with turnover in the first half of its current financial year. However, the group also warned that the political and economic climate is fostering uncertainty in some of its markets (see DMGT Sends Out Mixed Messages… Continue reading Sharewatch: DMGT Rises After Positive Results
Entertainment and media companies are driving the growth in outdoor advertising and now account for one fifth of the sector’s total revenue, according to new research due to be published by Concord.The Media’s Medium study, which uses data from Nielsen Media Research, shows that entertainment and media companies accounted for 20% of the £690 million… Continue reading Entertainment And Media Brands Drive Outdoor Growth
Analysts are still unsure as to the impact that the looming conflict in the Middle East will have on the advertising world. Contrasting pronouncements allied to a ‘wait and see’ mentality have only muddied the waters and it is this general sense of uncertainty which is acting as a restraint on growth.Last week, stronger than… Continue reading INSIGHTanalysis: How Will War Affect The Ad Economy?
