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Google has terminated its search advertising deal with Yahoo! in order to avoid a “protracted legal battle” with regulators. The proposed deal would have seen Google ads displayed around Yahoo!’s search results. David Drummond, Google senior vice president, corporate development and chief legal officer, said: “After four months of review, including discussions of various possible… Continue reading Google ends Yahoo! ad deal

AOL’s global ad revenue was down by 6% year on year in Q3, with revenue dropping 17% to $1 billion (£626 million). Parent company Time Warner said that the fall in revenue was down to a 26% decline in subscription revenue and the fall in ad revenue. The fall in subscription revenue reflects a decrease… Continue reading AOL reports fall in global ad revenue

ITV has reported a 2.5% drop in net advertising revenue in the first nine months of 2008, compared with a 3.2% fall for the total TV market. The broadcaster also announced a 5% fall in broadcasting revenue in the first nine months, to £1.2 billion. ITV’s total revenue to the end of September was down… Continue reading ITV sees 2.5% drop in net ad revenue

BSkyB has made a £450 million bid to acquire the British operations of Italian telecoms giant Tiscali. According to a report in the Sunday Times, the Satellite broadcaster is engaged in exclusive talks with Tiscali after the Carphone Warehouse walked away from negotiations. In September, the Carphone Warehouse bid £150 million less than had been… Continue reading BSkyB Makes £450m Bid For Tiscali

BSkyB today reported a 21% increase in first quarter profits and the addition of 87,000 new customers, taking the broadcaster to over 9 million subscribers for the first time.Sky’s chief executive, Jeremy Darroch, said the business had its best performance it the first quarter in terms of customers for five years.As a result of Sky’s… Continue reading BSkyB Reports 21% Profit Rise

BSkyB’s latest results saw profits grow by 21% year on year, though revenues only grew by 5% based on the same period. 334,000 new customer additions were added in their Q1 (financial year running July – June) with churn now standing at 10.9% – resulting in a net customer growth of 87,000 – which takes… Continue reading BSkyB’s profits grow faster than revenues

WPP has reported a 3% year on year revenue increase in the third quarter to £1.72 billion, with the communications group admitting that the financial crisis has hit its UK and US businesses.The group said today that “like-for-like growth across the [third] quarter was similar in all three months, although below original expectations”.WPP also said… Continue reading WPP Reveals Low Q3 Results

WPP Group’s revenue was up 16.2% year on year in the third quarter to £1.72 billion. However, growth was just 6% if currency fluctuations over the year are ignored and 3% if acquisitions are also ignored. In a trading statement released today, WPP said that 2009 will be a “very tough year” with no real… Continue reading WPP Reports Revenue Increase In Q3

Titan Outdoor has appointed Ged Weston to the new role of national sales director. Weston replaces Stephen Dunn, who is leaving the company, and takes over national sales responsibilities. Weston has been at Titan, previously Maiden Outdoor, since 1999 and has headed specialist sales and trading since 2005. He will be responsible for national agency,… Continue reading Titan Promotes Weston To National Sales Role

Northcliffe Media Group, the regional newspaper arm of the Daily Mail & General Trust, has cut its operating divisions from six to three. Six regional divisions – North East, Midlands, the West and Wales, South West Dailies, South West Weeklies and South East Weeklies – are being merged into three larger regions – Midlands and… Continue reading Northcliffe Media Restructures Operating Divisions