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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

Digital Cinema Media (DCM), the new owner of Carlton Screen Advertising, has awarded the contract for its foyer and washroom advertising to outdoor firm Boomerang Media. DCM, a joint venture between cinema chains Odeon Cinemas and Cineworld, bought Carlton Screen Advertising from ITV for £500,000 in March. The Boomerang Media deal includes more than 600… Continue reading DCM awards foyer contract to Boomerang Media

Guardian Media Group’s pre-tax profits for the year ending March 30 hit £306.4 million, up from £97.7 million in 2007. GMG said that this was due to the £334.8 million sale of its 49.9% stake in Trader Media Group to private equity firm Apax Partners in March 2007. GMG went on to partner with Apax… Continue reading GMG Profits Above £300m Following Trader Media Sale

United Business Media has acquired the International Direct Marketing Fair (IDMF) from Reed. UBM business media and events division CMP intends to incorporate the IDMF and E-Commerce and Digital Marketing Expo (ECDM), the show Reed planned to launch in 2009, into its Internet World exhibition. Mark Snell, group director at CMP, said: “While we review… Continue reading UBM Acquires International Direct Marketing Fair

Magazine publisher Future has reported a 4% rise in advertising income over the past nine months. Overall revenue rose 1%, with advertising income rose 4% in the nine month period ending June 30. However, there was a 2% decline in print advertising, although this was offset by a 39% rise in online advertising. In the… Continue reading Future Enjoys 4% Rise In Ad Revenue

Pearson, owner of the Financial Times and Penguin, has reported a 14% increase in sales for the first half of the year. The company reported sales of £1.97 billion in the six months to the end of June. Adjusted operating profit was £124 million, up 38% year on year. The FT Group saw sales grow… Continue reading Pearson Reports 14% Sales Increase

Havas has reported a 3.6% year on year rise in revenue to €755 million (£596.8 million). It also announced organic growth of 7.86% in the first half of the year. The company, which owns ad agencies including Euro RSCG and media planning and buying network MPG, said that European countries such as Portugal, Italy and… Continue reading Havas Reports Revenue Rise

Bauer Media has announced the appointment of Marco Nadotti to the newly created role of head of video acquisition and syndication.Nadotti will be expected to expand video services across Bauer’s portfolio of websites, which currently serve around two million videos a month.His brief is to work with current Bauer brands such as FHM, Kiss, Magic… Continue reading Bauer Appoints New Video Acquisition Chief

Publicis Groupe has revealed that its European operations revenue growth was mixed during the first six months of the year, with global profits falling 3% year on year in the second quarter. Publicis said that all geographic zones reported satisfactory growth, including North America, with 5.5% revenue growth during the H1 compared with the same… Continue reading Mixed European Performance For Publicis