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TNS has announced that it achieved underlying revenue growth of 2.5% for the full year 2006, with the majority of its businesses performing well. Underlying revenue growth for Europe as a whole was 3.2%, with TNS saying that this represents an acceptable performance given slower market growth in developed markets in Western Europe. The UK… Continue reading TNS Records 2006 Revenue Growth

United Business Media’s (UBM) revenues from continuing operations grew by 17% to £739.1 million in 2006, up from £633.7 million in 2005, whilst operating profit rose by 18% to £149 million, up from £126.7 million in 2005. By the end of 2006, the proportion of revenues and profits generated from events was 29% and 43.3%… Continue reading UBM 2006 Revenues Grow

Trinity Mirror has recorded a drop in revenue of 4.8% to £1,032.1 million, with the company blaming the difficult advertising environment. The group’s preliminary results for 2006 show that its national newspaper division, which includes the Daily Mirror, saw revenues fell 5.3% to £472.4 million. Commenting on the results, Sly Bailey, chief executive of Trinity… Continue reading Trinity Mirror Records Revenue Drop

Publicis Groupe has reported 14.8% growth in profits for 2006 to €443 million, and a record operating margin of 16.3%. 2006 revenue of €4,386 million were up 5.6% at constant scope of consolidation and exchange rates (i.e., organic growth). All geographical regions contributed, with organic growth 5% in Europe, 5.1% in North America, 5.3% in… Continue reading Publicis Records 2006 Profits Growth

Interpublic Group recorded organic revenue growth of 0.4% in the fourth quarter of 2006 compared to the same period a year previously. Full year organic revenue increased by 1.0% for 2006 compared with 2005. Fourth quarter 2006 revenue was $1.88 billion, compared to $1.90 billion the same period a year previously. Full year 2006 revenue… Continue reading Interpublic Sees Q4 2006 Revenue Growth

Viacom’s full year 2006 revenues of $11.47 billion rose 19% from $9.61 billion in 2005, reflecting a 7% increase in media networks revenues to $7.24 billion. Fourth Quarter 2006 revenues of $3.59 billion grew 32% from $2.72 billion in 2005, whilst worldwide advertising revenues rose 6% to $1.26 billion from $1.19 billion in 2005. Sumner… Continue reading Viacom Records Revenue Increase

Virgin Media saw its revenue increase to £1,081.6 million in the fourth quarter of 2006, up from £1,024.9 million in Q3. Year on year revenue growth in Q4 was £597 million, which Virgin Media says is due to the merger with Telewest and the acquisition of Virgin Mobile. Consumer revenue in the fourth quarter of… Continue reading Virgin Media Records Q4 2006 Revenue Increase

The imminent restructure of Emap’s consumer business will see jobs cut, according to Emap Consumer Media CEO Paul Keenan. Speaking at today’s MediaTel Group Future of Magazines seminar, Keenan said that the changes would see Emap stop doing a number of processes, which will in turn lead to job losses. However, Keenan stressed that the… Continue reading Job Losses To Come At Emap’s Consumer Business

The secretary of state for trade and industry, Alastair Darling, has asked Ofcom to review BSkyB’s acquisition of a 17.9% stake in ITV, with reports in the trade press claiming that the review could be widened to include all of Rupert Murdoch’s UK media assets. The review is to ascertain whether the Sky purchase “raises… Continue reading Darling Orders Investigation Of Sky/ITV Deal

Former director general of the Confederation of British Industry, Sir Digby Jones, could lead a bid to buy 47 of Trinity Mirror’s Midlands based newspapers. The titles include the Birmingham Post and 46 other local papers, including the Birmingham Mail and the Coventry Evening Telegraph. Sir Digby is quoted in today’s Financial Times as saying… Continue reading Digby Jones Could Buy Trinity Mirror’s Midlands Papers