More Media Business articles

ITV has appointed Nicky Buss, client services director at WPP’s Research International, to the newly created role of advertiser development director, ahead of what analysts expect to be a summer advertising slump. Buss’ experience includes television, agency work and direct client contact, which ITV feels will help her perform the dual roles of building relationships… Continue reading ITV Adds To Advertising

Following on from the statement last week by Spanish telecoms and media giant Telefonica that it was considering selling Endemol – the production company behind global television hits such as Big Brother – shares in the Dutch company rose by 4.7%.to €13.6 yesterday. The rise was fuelled by speculation that Telefonica has been sounded out… Continue reading Endemol Share Rise

Aegis’ board has sent a letter to shareholders recommending they vote against Groupe Bolloré’s board nominations. Chairman of Aegis, Lord Sharman, has written to the shareholders ahead of the annual general meeting to be held on June 14. Aegis’ board is against the nominations as they believe Groupe Bolloré chairman Vincent Bolloré’s chairmanship of Havas… Continue reading Aegis Board Urge Shareholders To Block Nominations

DMGT has announced a rise in profits for the half year to 2 April 2006, despite being hit by the widespread slump in advertising. Pretax profit rose by 7% to £108.7 million, with revenue rising by 2% from to £1,083 million. The poor performance of the newspaper sector in the current tough market was offset… Continue reading Mail Group Weathers The Storm In Tough Ad Climate

GCap has reported a fall in profits with annual pre-tax revenue to the end of March down 40% to £22.2 million. On a statutory basis, including the effect of amortisation and other charges, the company made a loss before tax of £47.9 million. One of the main reasons for the slump is said to be… Continue reading Revamp Renders GCap Profits Down

Media group Emap has announced a 9% rise in pre-tax profits to £223 million for the year ending March 2005. Underlying revenues were up 8% to £1.154 million. Performance varied across Emap’s different divisions. Within the UK consumer magazine sector, underlying revenue rose by 3% (or 7% including new launches). Weekly titles, such as new… Continue reading Revenue Rise For Emap

UK ISP Wanadoo will become Orange in a re-branding exercise by France Telecom costing an estimated £130 million. As part of the plan to homogenise the brand, there will be advertising campaigns across the media platforms to say goodbye to Wanadoo and welcome Orange. Three variants of the ads have been created to market the… Continue reading Wanadoo Makes Way For Orange

Clear Channel Outdoor Holdings has acquired the UK business of Van Wagner, which operates the country’s leading premium format outdoor advertising company. The acquisition adds two new formats to Clear Channel Outdoor’s portfolio with the large format Mega 96 sheet and Mega 6 sheet products. In addition, Clear Channel says that the deal strengthens it’s… Continue reading Clear Channel Acquires Van Wagner’s UK Business

Chrysalis, the radio and music group, has announced a sharp fall in normalised pretax profits at its interim results. Half-yearly figures plummeted to £2.1 million for the six months ending February 2006, from £3.9 million in the same period last year – a reflection of the tough competition for advertisers among commercial stations. However, despite… Continue reading Chrysalis Release Tough Half-Year Figures

The leading American TV networks are failing to wow the advertisers, in the traditional parade of up-and-coming programmes set to be shown in the lucrative autumn and winter schedules. Currently taking place in New York, the ‘upfronts’ are a catwalk for the TV industry, with channels showcasing their schedules in an attempt to woo a… Continue reading Advertisers Unimpressed By Big Apple TV Bonanza