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Independent News & Media (INM) has forecast that its group advertising revenues will be up by over 3.5%, in its trading update for the six month period ending 30th June 2006. The trading report said that group revenue is expected to be ahead year-on-year by over 3%, with group circulation revenues forecast to be up… Continue reading INM Advertising Revenues Forecast To Grow

Advertising expenditure in the UK rose by 2.6% to nearly £19 billion in 2005 when measured at current prices (i.e. before accounting for inflation) according to newly released figures from the World Advertising Research Center (WARC) on behalf of the Advertising Association (AA). After adjusting for inflation the rise means a 0.6% increase in real… Continue reading Advertising Expenditure Almost £19 Billion In 2005

Albert Read has been appointed general manager of Condé Nast Publications, and will take up the role on September 4 this year. Read was previously deputy planning director at Condé Nast International, and also business director of Condé Nast Asia-Pacific, where he was greatly involved in the company’s expansion into China. Read’s promotion to the… Continue reading New General Manager For Condé Nast Publications

The Evening Standard has appointed Rosemary Gorman as its new advertising sales director following the departure of Alan Brydon. Gorman, head of client sales at the Daily Mail since 1999, began her career on the agency side, becoming head of planning and managing partner at Zenith Media prior to her taking up the position at… Continue reading Evening Standard Appoints New Ad Director

ITV will deliver “efficiency savings” of £100 million by the end of 2008 through “business re-engineering and operational reviews”, according to the latest trading update from the broadcaster. It will also launch a +1 channel for ITV2 on satellite and cable next year, fuelling speculation that the launch will be a holding platform for a… Continue reading ITV To Undertake Cost-Cutting Restructure

Emap has agreed to sell off its French Consumer Magazines division, Emap France, to the Italian media group Mondadori for approximately £380 million. Emap announced its plans to sell its French operations in February, in order to return the cash generated to shareholders (see Emap To Sell French Operations). When the sale (conditional on the… Continue reading Sale Of Emap France Agreed

Vincent Bolloré, chairman of Havas, has hinted that he may buy shares in Emap, saying that he is trying to build a significant force in media and communications the size of Publicis or WPP, according to The Times. Bolloré yesterday failed in his bid to win two seats on the Aegis board (see Bollore Fails… Continue reading Bollore Voices Interest In Emap

WPP’s wholly owned operating company GroupM, the media investment management network, has acquired 51% of the issued share capital of M80, a leading online word-of-mouth marketing company. The Los Angeles based M80 was established in 1998 to manage the transmission of word of mouth communications online through community activation and viral marketing. M80 employs 18… Continue reading GroupM Acquires Online Viral Marketing Company

Endemol, the production company behind Big Brother, has named Elias Rodriguez-Vina Cancio as its new chief executive officer and chairman, following last weeks resignation of Joaquim Agut Bonsfills. Tom Barnicoat, chief operating officer and a former head of Endemol’s UK operation, had been tipped to take on the role (see Endemol Chief Exec Quits Amid… Continue reading New CEO For Endemol

Aegis has announced that total group revenues are up 22% for the first quarter of 2006, ahead of toady’s AGM which will see Vincent Bolloré’s board nominations voted on (see External Candidates For Aegis Board). Aegis shareholders have been urged by the board to vote against the nominations , who see Bolloré’s stake in Havas… Continue reading Aegis Revenues Up 22%