More Media Business articles

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

WPP chief executive Sir Martin Sorrell expects WPP’s takeover of TNS to be confirmed today.Speaking yesterday evening at a Royal Television Society event, Sorrell said that the deal could be completed today, five months after WPP first bid for the company.Official statements have yet to be made by either WPP or the market research firm.Following… Continue reading WPP Takeover Of TNS Expected To Be Confirmed Today

WPP chief executive Sir Martin Sorrell has predicted a difficult next 15 months for the UK economy.Sorrell, speaking at a Royal Television Society event held yesterday evening, also said that “the UK has very serious issues”, with regulation and state intervention making it difficult to start and develop a business.He added that “In 2009 financial… Continue reading Sorrell Predicts Difficult 15 Months For UK Economy

Interpublic Group, parent company of Initiative and Lowe, reported 17.6% growth in UK ad revenue in the third quarter.UK revenue was $158.2 million in Q3, up from $134.5 million last year. The group’s total revenue was up 15.3% to 776.2 million, from $673.2 million for the same period last year.Continental Europe reported year on year… Continue reading Interpublic Reports 17.6% Q3 UK Ad Revenue growth

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

Interpublic Group has reported 17.6% growth in UK ad revenue in the third quarter. UK revenue was $158.2 million in Q3, up from $134.5 million last year. Interpublic’s total revenue was up 15.3% to 776.2 million, from $673.2 million for the same period last year. Continental Europe enjoyed revenue growth of 15.8% year on year… Continue reading Interpublic Reports UK Ad Revenue Growth

Titan Outdoor has retained the advertising contract for the Bullring shopping centre in Birmingham after a competitive pitch. Titan, which has held the contract for the past five years, is believed to have retained the contract after a pitch involving CBS Outdoor. The contract includes 130 six-sheets at the Bullring, some of which will be… Continue reading Titan Retains Bullring Advertising Contract

Aegis Group enjoyed organic revenue growth of 7.3% for the first nine months of the year, according to a trading update released today. Organic revenue growth at Aegis Media for the first nine months was 8.8%, with Aegis Media UK seeing a small organic revenue decline in September. Aegis said that this reflected in part… Continue reading Aegis Reports 7.3% Organic Revenue Growth