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Independent News & Media recorded an increase in revenue of 3.6% to €796.7 million for the six months to June 30, with growth driven primarily by the publishing division (4.2%). The company’s interim statement, released today also showed good underlying increases in both circulation (5.5%) and advertising (3.8%) revenues. Independent News & Media said that… Continue reading Independent News & Media Announces Interim Results

Nick Manning, the chief executive of Manning Gottlieb OMD and OMD UK, is to leave the agency. According to reports in the trade press, Nick Manning, who founded Manning Gottlieb Media with Colin Gottlieb in 1990, is expected to leave OMD next Spring. MGM was renamed Manning Gottlieb OMD in February 2002 following MGM joining… Continue reading Nick Manning Set To Leave OMD

Total media spend grew by 8% year on year for the second quarter of 2006, from £2.48 billion to £2.68 billion, according to new research from Thomson Intermedia and KPMG. However, TV adspend grew only 1%, despite this summer’s World Cup, and the report says that the outlook for the rest of the year remains… Continue reading Total Media Spend Increases For Q2 2006

WPP’s reportable revenue for the first six months of 2006 was up 16.1% at £2.864 billion, with headline profit before tax up over 24% to £361 million. On a constant currency basis, revenue was up 12.7% compared with last year, whilst on a like for like basis, excluding the impact of acquisitions and currency, revenues… Continue reading WPP Reportable Revenue Up In H1 2006

Marketing services spending is expected to reach $455.72 billion by 2010, according to new research published by Veronis Suhler Stevenson (VSS). Spending on direct response media, event marketing and custom publishing is fuelling the growth says VSS. VSS says that total media and communications spending is forecast to rise 7.2% in 2006 to $961.9 billion,… Continue reading Strong Growth Forecast For Marketing Services Spending

The digital transition was a key focus for entertainment companies at the Merrill Lynch (ML) Media Conference taking place this week. Merrill Lynch said that the US advertising market appears to be relatively healthy, with political dollars being spent on the forthcoming senate elections at TV level, whilst News Corp suggested that the advertising market… Continue reading Media Conference Focuses On Digital Transition

BT has set out its global vision predicting strong growth in the US, Japan, India and China, with revenues from these markets expected to double by 2008/9. The company also said that it is targeting turnover of one billion Euros in both the Italian and German markets during the same period. In addition, BT said… Continue reading BT Sets Out Global Vision

Rupert Murdoch’s News Corporation has acquired a majority stake in mobile content company Jamba, known as Jamster in the UK. News Corporation has acquired a 51% stake in Jamba, the company behind the Crazy Frog, in a deal believed to be worth $187.5 million. News Corp bought the stake in Jamba from owners VeriSign, who… Continue reading News Corp Acquires Controlling Stake In Crazy Frog Company

SMG is to sell off its cinema and outdoor advertising businesses, Pearl & Dean and Primesight. The news comes with UTV thought to be preparing another bid for the group, after having two previous offers turned down (see Strong 2004 For Online Advertising). Pearl & Dean generates 25% of cinema advertising revenues in the UK… Continue reading SMG To Sell Pearl & Dean And Primesight

SMG’s total underlying revenues were down 2% to £88.6 million in the first six months of 2006. SMG attributed the fall in revenues on the contract rights renewal system in addition to a weak advertising market. Television revenues fell by 7%, in common with ITV1 as a whole, to £57.9 million, in the first six… Continue reading SMG H1 Underlying Revenues Fall 2%