The last couple of years have seen growth in Government marketing spend outstrip a recessionary market. A healthy boost therefore for Group M, today announced as the winner of the COI’s c.£250m integrated media pitch. But with a likely Tory Government planning to slash COI total marketing spend by over 40%, what kind of opportunity does the win really represent?
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Profit at Rupert Murdoch’s News Corporation hit $254 million in the three months to the end of December, compared with a loss of $6.4 million a year previously.
Sir Martin Sorrell, chief executive of WPP Group, believes governments could have to decide whether to subsidise loss-making newspapers such as the Guardian.
Advertising revenue at regional publisher Newsquest was down 17.9% year on year in the thirteen weeks to 27 December 2009, according to results from US parent company Gannett.
TalkTalk is to launch new television and mobile phone services after identifying these as growth areas.
In keeping with many predictions that 2010 will finally be “the year of mobile”, January saw a host of forecasts claiming mobile was about to take-off in a major way.
BSkyB has reported a 10% year on year rise in total revenues to £2.9 billion for the second half of 2009.
The BBC should sell its stake in commercial venture BBC Worldwide, according to a House of Lords report on the UK film and television industries.
Google’s net profits hit $1.97 billion in the last three months of 2009, according to the company’s latest financial results.
The New York Times is to charge readers for full access to its website from next year
