CBS Outdoor has reported a 22.6% year on year fall in global revenue in the third quarter of 2008, to $424.9 million.
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Thomson Reuters has reported a 32% year on year fall in operating profits in the third quarter to $378 million.
ITV expects its TV advertising revenues to be flat overall in the fourth quarter, although it is forecasting a 4% rise next month.
Sometime very soon, and probably later today, Lord Burns is expected to be appointed chairman of Channel 4.
WPP’s third quarter results show a 8.7% revenue decline, which is an improvement on the advertising firm’s 10.5% Q2 drop.
Virgin Media has reported strong third quarter results, with revenues up 1.3% to £953 million and 39,000 new broadband customers.
If the London Evening Standard becomes just another free paper following the demise of the London Lite, Alexander Lebedev will have lost a large sum of money for nothing, says Raymond Snoddy.
IPC Ignite has appointed Andrew Goldsmith as its new group advertising director, responsible for its men’s and music brands, including Nuts and NME.
Havas has reported organic growth decline of 9.3% year on year in the three months to the end of September, with revenue of €326 million.
BSkyB has reported a 39.5% rise in pre-tax profits to £180 million in the three months to the end of September.
