French media giant Publicis, owners of Saatchi & Saatchi, today announced that H1 results have fallen short of expectations but net profits after deductions were up by 3.8% on H1 2000, boosted largely by new billings. Publicis reported new billings in Q2 2001 of E700m compared with E105 billion and E850 million reported in new… Continue reading New Business Wins Boost Publicis Results
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The media market showed signs of recovery yesterday after the FTSE 100 index closed at its lowest point for over a decade earlier in the week.However ITV partners, Carlton and Granada, showed little sign of being able to escape the gloom brought by the downturn affecting the broadcasting industry. Carlton, which could loose its place… Continue reading Sharewatch
The UK stock market continued to struggle yesterday after Tuesday’s terrorist attack on America left the FTSE 100 at its lowest point for over a decade. Media shares showed vague signs of recovery in the aftermath of the tragic event.SMG, which became the latest broadcaster to be affected by the advertising down turn announcing a… Continue reading Sharewatch
Recent declines in the share price of Carlton Communications (see Brokers Cut Carlton And Granada Forecasts Following Ad Deterioration) have caused it to fall out of FTSE100, the top 100 companies listed on the London Stock Exchange. At 1:30pm today Carlton’s shares stood at 235p, given the company a market capitalisation of £1.6 billion. The… Continue reading Carlton Falls From FTSE100 List
Interim results released by French broadcaster TF1 today show a deteriorating outlook for the second half of the year. The company is now expecting a 3-5% decline in advertising revenues for the whole of 2001. Given that there was a 0.2% growth at the interim stage, this implies a fall in ad revenues of between… Continue reading European Broadcasters’ Outlook Slumps As Ad Visibility Remains Poor
Amazon.co.uk was the top online advertiser for women in July gaining exposure among 2,104,000 individual female users throughout the month, the site commanded 36.3% digital reach and achieved 8.9 page impressions per user. Ebay.co.uk held firmly onto fifth position with visits from 1,363,000 women in July, the site achieved 28.2% reach of the total at… Continue reading New Media Round Up
Merrill Lynch has this morning downgraded its advertising forecasts for ITV companies Carlton Communications and Granada, causing stock in each to fall during the morning’s trading. Carlton was down 14p at 229p by 11:00am and Granada, after an earlier fall, had regained its opening price of 113Âźp by this same time. “The woeful performance in… Continue reading Brokers Cut Carlton And Granada Forecasts Following Ad Deterioration
Merrill Lynch has this morning downgraded its advertising forecasts for ITV companies Carlton Communications and Granada, causing stock in each to fall during the morning’s trading. Carlton was down 14p at 229p by 11:00am and Granada, after an earlier fall, had regained its opening price of 113ÂÂźp by this same time. “The woeful performance in… Continue reading Brokers Cut Carlton And Granada Forecasts Following Ad Deterioration
The online directory firm, Scoot.com, has announced that it can no longer survive as an independent business and will run out of money within twelve months.Scoot, which raised £45m from the sale of its classified advertising business Loot, last month (see Scoot.com Sells LootScoot.com Sells LootScoot.com Sells Loot Scoot Bags Loot To Create “Integrated Infomediary”).Scoot.com… Continue reading Closure Looms For Scoot
Publishing group PCM, owner of four of the five main Dutch national newspapers, is to close down the majority of the online activities of these newspapers, according to a report on Europemedia. The article claims that PCM views the web portals as marketing activities that do not yield sufficient revenue. This move mirrors the actions… Continue reading Dutch Newspaper Publisher Culls Online Versions
