More Media Business articles

Publicis has announced that its consolidated revenue for Q3 2007 rose 10.8% to €1,122 million, compared with €1,013 million for the same period in 2006. Organic growth in the third quarter was 4.6%, in line with the group’s expectations. In the third quarter, 43.4% of Groupe revenue came from North America, 37.3% from Europe, 11.1%… Continue reading Publicis Revenues Up Almost 11%

BSkyB is considering giving up nearly one fifth of its ITV voting rights in an effort to avoid competition regulations and hold onto its 17.9% share in the commercial broadcasting giant. In a letter to the Competition Commission, the satellite broadcaster outlined plans to place three per cent of its voting right with an independent… Continue reading Sky Could Give Up Some ITV Voting Rights

The latest US e-commerce spending figures for the third quarter of 2007, newly released by comScore, show that retail e-commerce increased 23% versus year ago to $28.4 billion. Third Quarter US E-Commerce Spending, Excludes Auctions And Large Corporate Purchases Q3 2007 v Q3 2006 Total US – Home/Work/University Locations    Q3 2006 (MM) Q3 2007… Continue reading Third Quarter US Retail E-Commerce Grows 23%

Microsoft has agreed to invest $240 million (£117 million) in social networking website Facebook, placing a $15 billion value on it. The investment, which was accompanied by the signing of a key advertising deal, gives Microsoft a 1.6% stake in the online social utility. The companies already had a US-only strategic alliance that named Microsoft… Continue reading Microsoft Invests In Facebook

Aegis Group has announced the acquisition of Genesis Media in Canada. Genesis has gross assets of US $16.2m. Founded in 1992, Genesis Media is an independent media agency with a particular presence in the Western Canada region. It has a diversified service offering, including CRM, digital, direct and data analytics. Aegis Media said that the… Continue reading Aegis Acquires Genesis Media

Internet users in Europe will spend a projected €51 billion ($71 billion US dollars) online during the Christmas season this year, according to Forrester Research. For the full year 2007, Forrester projects European online retail to grow 58% year-over-year. Forrester’s holiday forecast covers 17 Western European countries and 22 retail categories, and draws upon its… Continue reading European Internet Users To Spend €51b Online At Christmas

Omnicom’s net profit for the third quarter of 2007 increased 14.2% to $202.2 million, from $177.1 million in the third quarter of 2006. Worldwide revenue increased 11.8% to $3,101.4 million from $2,774.3 million in the third quarter of 2006. Domestic revenue for the third quarter of 2007 increased 7.4% to $1,654.9 million. International revenue increased… Continue reading Omnicom Net Profit Up 14.2%

US online holiday retail sales will grow to over $39 billion in 2007, an increase of 20% over last year’s holiday season, according to a new forecast from JupiterResearch. According to a new JupiterResearch report, US Online Retail Holiday Forecast, 2007, a record 126 million users, a 6% increase over last year, will buy online… Continue reading US Online Holiday Retail Sales To Reach $39b

Pearson, which owns the Financial Times and Penguin, has announced that for the first nine months of 2007, underlying sales were 6% higher and operating profits 20% higher than in the same period last year. The group said that for the full year, it remains on course to achieve strong underlying growth on its key… Continue reading Pearson Operating Profits Up 20%

Search engine giant Google has reported a 41.6% rise in third-quarter pre-tax profits to $1.47bn. Google’s revenues for the quarter were $4.23, a 57% increase over third quarter 2006 revenues of $2.69 billion and a 9% increase over second quarter 2007 revenues of $3.87 billion. Revenues from the UK totaled $661 million, whilst total revenues… Continue reading Google’s Pre-Tax Profits Grow 41.6%