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Trinity Mirror is to close seven local papers and nine satellite offices in North Wales and the North West, putting 30 jobs at risk. In the summer, Trinity Mirror warned that advertising revenues were falling faster than at any time in the past two decades. The UK’s largest regional newspaper group said that it was… Continue reading Trinity Mirror To Close Seven Local Papers

Charles Allen, former ITV chief executive, is set to return to TV as the non-executive director of Endemol, producer of Channel 4 reality show Big Brother. Allen is to join the board of the Dutch TV producer following his appointment as senior adviser to the private equity division of investment bank Goldman Sachs. He is… Continue reading Charles Allen To Make TV Industry Return

The US Association of National Advertisers (ANA) has sent a letter to anti-trust regulators opposing the online search advertising deal between Google and Yahoo!. The ANA claims that the deal will give the two companies control of 90% of search advertising in the US. Bob Liodice, the president and chief executive of the ANA, said… Continue reading US Advertising Body Opposes Google/Yahoo! Deal

Seetha Kumar has been appointed to the newly-created role of controller, bbc.co.uk.Reporting to Erik Huggers, BBC director of Future Media & Technology (FM&T), Kumar will lead the overall strategic and editorial development of bbc.co.uk, chairing a new bbc.co.uk board bringing together key executives from across the BBC.In partnership with the FM&T chief operating officer Kerstin… Continue reading BBC Appoints Online Controller

WPP has extended the deadline for its takeover offer of TNS by two weeks to 3pm on September 12.The move comes after just 8.6% of TNS shareholders decided to accept the group’s £1.1 billion offer before last Friday’s deadline.TNS has put out a statement today noting the “low level” of acceptances of the WPP offer,… Continue reading WPP Extends TNS Offer Deadline

WPP has extended the deadline for its takeover offer of TNS by to weeks to 3pm on September 12. The move comes after just 8.6% of TNS shareholders decided to accept the group’s £1.1 billion offer before last Friday’s deadline. TNS has put out a statement today noting the “low level” of acceptances of the… Continue reading WPP Extends TNS Offer Deadline

Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year.The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts.The group posted organic revenue growth of 8.2%… Continue reading Aegis Reports Increase In Profits For First Half Of 2008

Havas reported a 3.6% year on year rise in revenue to €755 million (£607 million) in the first half of the year. The company said that the rise in revenue was due in large part to strong business growth in key markets reflecting new account wins and increased market share. Organic growth was up 6.4%… Continue reading Havas Sees Revenue Rise

Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year.The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts.The group posted organic revenue growth of 8.2%… Continue reading Aegis Reports Increase In Profits For First Half Of 2008

Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year. The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts. The group posted organic revenue growth… Continue reading Aegis Reports Increase In Profits For First Half Of 2008