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Capital Radio has this morning reported a gloomy set of financial results, which show a 27% decline in pre-tax profit for the twelve months ended 30 September to £30.1 million. The company is saying that conditions remain tough as a result of the continued downturn in advertising, adding that there is virtually no visibility for… Continue reading Capital Radio Profits Fall 27% Following Ad Downturn

Online retailer, Amazon.co.uk, held on to its position as the top online advertiser for women during September, the site gained exposure among 2,911,000 individual female internet users during the month and commanded 46.3% digital reach of the total at home internet universe. Capitalone.co.uk dropped two places to sixth position with visits from 1,666,000 unique women… Continue reading New Media Round-Up

EMAP on Tuesday released financial results that demonstrated the continuing effects of the advertising and economic downturn, forecasting that there would be no second half recovery (see Emap Results ‘In Line With Expectations’ But No Second Half Recovery Expected). The Times notes that investors were wary of EMAP’s big US acquisition – which has since… Continue reading EMAP Results – Reaction

Channel 5’s chief executive, Dawn Airey, has said that she will not enter the running to take over from Michael Jackson as head of Channel 4.Airey, who was tipped as favourite for the job when Jackson announced his departure earlier in the year (see Jackson Quits Channel 4Jackson Quits Channel 4 Jackson Quits Channel 4… Continue reading Airey Rules Out Top Channel 4 Job

The ASA has made its first adjudication on SMS advertising and has upheld a complaint against a computer games company for sending a spoof text message asking people to report for army duty.The ASA received complaints from a former member of the British army who felt that the text message, which stated: “Please report to… Continue reading ASA Upholds First SMS Ad Complaint

Future Network was the best performer in yesterday’s buoyant media market, in which only two companies saw shares fall. Stock was up 18.18% to finish at 39p, an increase of 6p on the previous day.Carlton, which was rumoured to have been considering an informal takeover bid made by the German group, Bertelsmann TV, during September… Continue reading Sharewatch

Internet advertising revenue in the UK exceeded £90 million in the first half of 2001 – an increase of £26 million or 42% on the same period last year, according to the latest research carried out for the Interactive Advertising Bureau (IAB). The study, which measures the industry based on figures submitted by the finance… Continue reading UK Online Ad Revenue Rises 42% In H1 2001

Havas Advertising Group has announced estimated revenues for the first nine months of fiscal year 2001 of E1.6 billion, an increase of 43.1% as compared to the same period in 2000. Billings amount to E10.3 billion, representing the same percentage increase as that of the revenue. When adjusted to account for the effects of currency,… Continue reading Havas Advertising Embarks On Reorganisation As Results Are Announced

SMG has announced that its wholly owned subsidiary, Pearl & Dean, has been awarded the four-year contract to sell advertising across the UK and Ireland for UCG Cinemas.The contract, which runs from 7 January next year and covers 405 screens in 43 cinemas, takes the number of screens handled by Pearl & Dean to 1,406… Continue reading SMG’s Pearl & Dean Secures Cinema Ad Deal

The Interpublic Group of Companies (IPG) yesterday reported Q3 earnings of $.15 per share compared with $.29 per share in last yearÂ’s third quarter. These results exclude restructuring and other one-off charges and include the operations of True North Communications, acquired in a pooling-of-interests transaction valued at $1.7 billion on June 21. Q3 revenue declined… Continue reading Losses Mount At Interpublic Despite Cost Cuttings