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Rupert Murdoch’s News Corporation has announced a 27% increase in fourth quarter profits to $1.13 billion. Net income of $1.13 billion, an increase of $239 million from the $890 million reported in the fourth quarter a year ago. Revenues rose 17% to $8.6 billion, while the group recorded full-year operating income of $5.4 billion, an… Continue reading News Corp Profits Increase

Mark Cranmer has been appointed chairman of JICIMS – the Joint Industry Committee for Internet Measurement Systems – in a move by the body to establish a single online measurement panel.JICIMS is currently searching for a research company that will become the sole supplier of an online measurement currency, similar to Barb for TV and… Continue reading Cranmer Appointed As Chairman Of JICIMS

WPP has made a £1.08 billion formal hostile takeover bid for Taylor Nelson Sofres to shareholders, following four earlier rejections by the market research company.Sir Martin Sorrell’s WPP Group hopes the bid will finally put an end to TNS’s planned merger with its German rival company, Gfk.WPP’s statement said: “WPP announces that the offer document… Continue reading WPP Makes Formal Hostile Bid For TNS

JCDecaux has announced that its revenues for the six months ending June 30 were up 4.8% year on year to €1.067.6 million. Excluding acquisitions and the impact of foreign exchange, organic revenue growth was 9.5% reflecting a strong second quarter, said the outdoor giant. Core advertising revenues, excluding revenues related to the sale, rental and… Continue reading JCDecaux Reports H1 Revenue Rise

Sir Martin Sorrell’s WPP Group has made a £1.08 billion formal hostile takeover bid for Taylor Nelson Sofres to shareholders, following four earlier rejected bids. WPP hopes the bid will finally put an end to TNS’s planned merger with its German rival company, Gfk. WPP’s statement said: “WPP announces that the offer document containing the… Continue reading WPP Makes Hostile Takeover Bid For TNS

Nicki Lynas has been appointed as the Internet Advertising Bureau’s (IAB) new head of research.Lynas, former senior manager in the Entertainment & Media practice at PricewaterhouseCoopers, will take up the role on September 9.Reporting to Guy Philipson, Lynas is charged with driving the organisation’s research and planning programme, as well as overseeing the IAB/PwC adpsend… Continue reading IAB Appoints New Head Of Research

eBay has hired digital agency Essence to handle its online planning and buying account. The deal also includes working with the eBay’s long-term media partners, as well as handling its creative advertising. Torsten Schuppe, marketing director of eBay in the UK, said the agency had the ability to combine creative ideas in digital media with… Continue reading eBay Hires Essence To Handle Online Planning And Buying Account

BSkyB’s group revenue for the year ending June 30 was up 9% year on year to £4.9 billion. Group operating profit was £752 million, in line with analyst expectations. Quarterly annualised churn fell by more than two percentage points year on year to 9.8%. The company added 92,000 net new customers in the three months… Continue reading Sky’s Revenue Hits £4.9bn

Trinity Mirror has announced a £27.4 million fall in pre-tax profit to £70.8 million for the past six months. For the six months ending June 29, revenues fell by almost £7 million year on year to £460.8 million Operating profits fell 21.7% at the company’s regional newspaper division, to £45.5 million, while the national newspaper… Continue reading Trinity Mirror Sees Pre-Tax Profits Fall

BT has announced that it made a first quarter profit of £613 million, down 7%, on revenues of £5.17 billion. BT Global Services increased revenue by 13% with growth of 33% outside the UK, while BT Retail recorded revenue growth of 3% and double digit profit growth. The company added 103,000 new broadband customers in… Continue reading BT Announces £613m Profit In Q1