Phorm has made a pre-tax loss of £13.7 million for the first half of 2008, an increase of 52% from its £9.1 million loss in the same period in 2007. However, despite the loss, the internet advertising group still has a positive cash balance due to fundraising of around £24.9 million. Phorm rolled out its… Continue reading Phorm Makes £13.7 Million Loss
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The People‘s senior reporter, James Millbank, is set to leave Trinity Mirror to take up a similar role at the Mail on Sunday from January.Millbank started working for the People as news editor in 2006, after 10 years at the News of the World.Talking about his new position, Millbank said: “It has not been fully… Continue reading James Millbank Quits The People For The Mail On Sunday
Titan Outdoor has landed contracts to handle outdoor advertising in key shopping centres in Bristol and Milton Keynes. It is understood that Titan won the contract for Bristol’s Cabot Circus shopping centre after a competitive pitch against Clear Channel and CBS Outdoor, while the contract for thecentre:mk in Milton Keynes was awarded following a pitch… Continue reading Titan Outdoor Lands Key Shopping Centre Contracts
Virgin Media has named Ashley Stockwell as the new managing director of brand and marketing, replacing James Kydd.Stockwell was promoted from his role of brand marketing director of the Virgin Group, where he has worked for the past 17 years.He started at Virgin Atlantic and has worked for a number of other groups including Virgin… Continue reading Virgin Media Names New Brand & Marketing MD
WPP has extended its £1.1 billion takeover bid for TNS by one week after last Friday’s deadline lapsed with support from just 33.8% of TNS shareholders. WPP Group, led by Sir Martin Sorrell, has given TNS shareholders who have not yet accepted the deal until Friday to change their minds. The number of those who… Continue reading WPP Extends TNS Offer Deadline
Daily Mail & General Trust has issued a pre-close trading statement for the 11 months to the end of August, reporting year-on-year underlying revenue growth of 2%. DMGT expects adjusted full-year pre-tax profits to come in about the “high” £250 million mark. However, tough advertising conditions led to a 24% year-on-year ad revenue fall at… Continue reading DMGT Reports 2% Underlying Revenue Growth
WPP’s proposed £1.1 billion takeover bid for market research company TNS has been conditionally cleared by the European Commission. The EC previously said that a merger between WPP and TNS would raise competition issues about market influence in the European audience measurement market. However, it concluded that the deal could go ahead providing certain conditions… Continue reading WPP Gets EC Approval For £1.1bn TNS Takeover
Archant has appointed Adrian Jeakings as chief executive to replace John Fry who resigned earlier this week to join Johnston Press. Jeakings, currently Group Finance Director at Archant, will take up his new role on November 1. He was previously group finance director of The Stationery Office, a provider of information management services to the… Continue reading Archant Appoints New Chief Executive
Archant has today announced the appointment of Adrian Jeakings as Chief Executive to replace John Fry, who was headhunted by its rival company earlier this week.Fry announced he was leaving Archant to join Johnston Press on Monday, after six years at the company – he is due to leave on December 31 (see Johnston Press… Continue reading Archant Names Fry Replacement
Dennis Publishing has announced a new structure and new appointments within its 100 strong advertising division as it seeks to capitalise on its print and online brands.Effective immediately, Dennis has created and made appointments to the brand new roles of press trading director and digital trading director. Dan Reeves has been appointed press trading director… Continue reading Dennis Publishing Sales Team Gets New Structure And Appointments
