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Publicis Groupe has reported an organic growth rate of 0.2% for the second quarter of 2007 and said that the full year figure is likely to be worse than originally forecast. Growth for the first half of the year was 1.6%, whilst revenue for the period rose by 6% to €2.2 billion. Maurice Lévy, chairman… Continue reading Publicis Groupe Reports Low Organic Growth

GCap Media’s total revenues for June were up 6% year on year, ahead of the company’s expectations, and were up 2% year on year for the three months to 30 June, according to its first Interim Management Statement. The company said it has seen an encouraging trend in radio advertising revenue since its preliminary statements… Continue reading GCap Media Revenues ‘Ahead Of Expectations’

JCDecaux has announced that its revenues for the six months to 30 June were up 7.7% to €1 million compared to the same period last year. Excluding acquisitions and the impact of foreign exchange, organic revenue growth was 6.9%, reflecting a strong second quarter. Core advertising revenues, excluding revenues related to the sale, rental and… Continue reading JCDecaux Revenues Increase

Omnicom Group has announced its net income for the second quarter of 2007 increased 13.4% to $276.7 million from $244.1 million in the second quarter of 2006. Omnicom, owner of media and advertising agencies including OMD, PHD and TBWA, said that worldwide revenue increased 10.7% to $3,126.1 million from $2,823.4 million in the second quarter… Continue reading Omnicom Announces Revenue Increase

Channel 4 is to pay £28 million for 50% of Emap’s music television business Box Television Ltd. Emap said that the joint venture will look to exploit new and emerging digital growth opportunities beyond traditional broadcast revenue streams. Emap’s music TV business currently comprises seven TV channels: The Hits, The Box, Smash Hits, Kerrang!, Q,… Continue reading Channel 4 To Buy 50% Of Emap’s Music TV Business

Virgin Media has reportedly started a bidding auction which could see it sold for £11 billion. A report in the Times says that Virgin Media’s executive chairman, Jim Mooney, has given a series of presentations to potential bidders. According to the report, so far 11 parties have shown interest in buying the company, including the… Continue reading Auction Begins For Virgin Media

Google has announced its Q2 results, reporting revenues of $3.87 billion for the quarter ended June 30, 2007, an increase of 58% compared to the second quarter of 2006 and an increase of 6% compared to the first quarter of 2007. Google-owned sites generated revenues of $2.49 billion, or 64% of total revenues, in the… Continue reading Google Announces Q2 Results

Trinity Mirror has agreed to sell 14 Berkshire newspapers for £10 million as part of its ongoing disposal programme. The company is selling Berkshire Regional Newspapers to Berkshire Media Group, a subsidiary of Scottish group Dumfermline Press. Earlier this month, Trinity Mirror sold 25 titles in Surrey, Sussex, Kent and Dorset to Northcliffe Media, the… Continue reading Trinity Mirror Sells Berkshire Papers

The Dow Jones board last night voted to sell the company to Rupert Murdoch’s News Corporation for $5 billion (£2.5 billion). The deal is now awaiting the approval of the Bancroft family, which controls 64% of Dow Jones’ voting stock. A report in the Wall Street Journal said that a ‘strong majority’ of the board… Continue reading Dow Jones Board Votes To Sell

Yahoo!’s net income for the three months ending June 30 was $161 million (£78 million) compared with $164 million (£80 million) in the same period last year. Marketing services revenues were $1.4 million for the second quarter of 2007, a 7% increase compared to $1,386 million for the same period of 2006. Yahoo!’s forecast for… Continue reading Yahoo!’s Net Income Declines