Tom Mockridge, News International’s new chief executive, has told staff that numbers will be reduced and there will be discussions with editors about the use of casual staff.
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David Brennan, former research director at Thinkbox and Newsline columnist, has been appointed as a principal consultant to Adalyser.
ITV shares were up 3.3pc yesterday after The Telegraph revealed that it has been in talks with Silvio Berlusconi’s Mediaset – one of Endemol’s shareholders – about a potential takeover deal.
Commenting on the latest advertising expenditure forecasts from Carat, Jerry Buhlmann, chief executive of Aegis Group plc, remains cautiously optimistic.
Aegis Group has reported a 20% rise in underlying pre-tax profits to £58.9 million in the first half of the year.
Johnston Press has seen pre-tax profits drop in the first half of the year to £13.8 million, down 47.5% year on year.
WPP has reported a 37% year on year increase in pre-tax profits of £334 million in the first half of the year.
News Corporation has reported full-year operating income of $4.98 billion (£3.08 billion) – up 12% on last year – driven by the success of television and cable network programming.
HMDG has appointed Lisa Rokny as the agency’s first marketing director. She will be responsible for the company’s marketing output and business development efforts.
National Magazine Company, Hearst Corporation’s main UK business, and Hachette Filipacchi have been rebranded as Hearst Magazines UK.