WPP has announced a strategic partnership with Big Idea Group (BIG) to help clients find, develop and monetise open source innovations through BIG’s networks of independent innovators worldwide. BIG is one of the world’s largest inventor networks, with more than 10,000 members. BIG’s clients operate principally in consumer packaged goods, food and beverages, personal media… Continue reading WPP Announces BIG Strategic Partnership
More Media Business articles
Paul Keenan, chief executive of Emap Consumer Media, is to assume responsibility for all of Emap’s consumer facing businesses, including radio, magazines, TV, mobile, online and events, which Emap says will: “enable greater flexibility to respond to the rapidly changing media marketplace.” Tom Moloney, Emap Group chief executive, said: “Over the last ten years, Emap… Continue reading Emap Unites Consumer Facing Businesses
Rupert Howell, regional director and president of McCann-Erickson, is the latest figure to be linked with the role of ITV chief executive. According to reports in the trade press, Howell has refused to rule himself out of the role being vacated by Charles Allen. ITV’s finance director, John Cresswell, will act as interim chief executive… Continue reading McCann-Erickson President Linked With ITV Top Job
NetRatings, the internet media and market research company, has appointed Louise Ainsworth as managing director of its European business, with effect from September 4. Ainsworth joins from OgilvyOne Worldwide in London where she was managing partner, Consulting and Planning. Previously she worked at Ogilvy Interactive, with responsibility for the agency’s UK business. Prior to this… Continue reading Netratings Appoints New MD To European Business
Aegis has reported profit growth of almost 9% for the first six months of the year, with the company saying that trading across the group is in line with expectations. Underlying pre-tax profit was up 8.9% to £38 million, whilst reported pre-tax profit was up 15.2% to £42.5 million. Revenues rose 19.1% to £463.2 million,… Continue reading Aegis Profit Grows 9% In H1
MEC MediaLab, Mediaedge:cia’s consumer insight and ROI division, has undertaken research to determine product placement’s benefit to consumers and brand-owners. MediaLab says that although product placement is currently prohibited on UK television under European Union legislation, the situation could be about to change. The EU is currently reviewing its policy in this area. Consequently, Ofcom… Continue reading TV Viewers Could See Product Placement As Positive Move
TiVo reported 30% increases in service and technology revenues for Q2 2006, to $52.9 million, compared to $40.7 million for the same period last year. TiVo also reported a better than expected net loss of $6.4 million in Q2, with its internally-owned subscriptions growing by 30,000 during the second quarter. The company had a total… Continue reading TiVo Records Q2 30% Increase In Service And Technology Revenues
Johnston Press, the regional newspaper publisher, has recorded a 2.9% drop in half year profits. The company’s pre-tax profits for the six months to June 30 were down from £82.2 million during the same period last year to £79.8 million in 2006. However, operating profits (before non-recurring items and associates) rose 7.8% to a record… Continue reading Johnston Press Profits Fall
RTL has released its interim results for the first half of 2006, showing a year on year increase in revenue of 19.1% to €2,397 million. The company’s non-advertising revenue increased to 40% from 37% of total revenue, although its net profit was down to €296 million. The company said that it experienced improved advertising conditions… Continue reading RTL Revenue Increases By 19.1%
SMG has turned down a revised merger bid from UTV under which SMG shareholders would have received 52% stake in the combined company. SMG said that it rejected the revised bid as it did not reflect the value of the company. In a statement SMG said that it rejected the revised bid for the same… Continue reading SMG Turns Down Revised Merger Bid From UTV
