Johnston Press has reported a 7.1% year on year fall in advertising revenues for the 18 weeks to 8 May 2010.
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Trade magazine publisher Centaur Media has reported a 5% year on year increase in advertising revenues at its publishing business, led by a 20% increase in recruitment advertising.
Clear Channel Outdoor has reported a 5% year on year revenue increase for Q1 2010 to $608.8 million (£411.4 million).
ITV’s ad revenues were up 8% in the first quarter of 2010 and are forecast to rise 22% in Q2, according to the company’s interim management statement.
RTL has reported a 7% rise in revenue for the first quarter of the year, in part due to a strong performance by Channel Five.
Raymond Snoddy on the success of publishing company Pearson and its chief executive, Dame Marjorie Scardino.
Simon Waldman, Guardian Media Group’s group director of digital strategy and development, is leaving to join LoveFilm.
News Corporation has reported a 69% decline in net profit to $839 million, although it was a better than expected performance boosted by improved newspaper and television advertising, and the success of blockbuster movie Avatar.
Revenues at Financial Times owner Pearson were up 7% year on year in the first quarter, to £1.1 billion.
Swedish vodka brand Absolut and Absolute Radio have reached a settlement over the use of the Absolut/Absolute name.