Nielsen is expected to issue its first-half advertising expenditure report next week, showing a slow down in growth from the first to second quarter.
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AOL and Yahoo! are thought to be in talks about a possible merger between the two internet companies, following the departure of Yahoo!’s chief executive Carol Bartz last week.
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.
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.