More Media Business articles

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

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

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

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

Yahoo! has revealed a 19% dip in quarterly profits, claiming America’s economic position is affecting online advertising. The search engine admitted that the worsening economic condition has resulted in clients lowering expenditure on display advertising, especially in the finance sector. Yahoo!, which has been in takeover talks for most of the year, also said that… Continue reading Yahoo!’s Profits Fall By 19%

Daily Mail & General Trust has reported year on year revenue growth of 5% for the third quarter to June 30. Advertising revenues at Associated Newspapers and its Associated Northcliffe Digital section fell by 3% year on year. Advertising revenues from Associated’s newspaper business were down by 5%, with display falling 5% and classified down… Continue reading DMGT Reports 5% Revenue Growth