Vincent Bolloré, chairman of Groupe Bolloré, has upped his stake in Aegis to 28.8%, after yesterday’s announcement by the Aegis board that they would not be supporting his nominees (see External Candidates For Aegis Board). The nominees, Philippe Germond, ex-president of French mobile firm Alcatel and Roger Hatchuel, former owner of the Cannes Lions International… Continue reading Bollore Increases Aegis Share Ownership
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The board of Aegis has decided not to support the nominations of two external candidates put forward for election at the group’s annual general meeting. However, the board believes that shareholders should be able to express their views and they will therefore put forward resolutions for shareholders to vote on at the AGM. Because of… Continue reading External Candidates For Aegis Board
BT’s Q4 results, released this morning, show that its new wave revenue – comprising networked IT, mobility and broadband – has continued to grow and is 28% higher than last year, at £1,851 million. Networked IT services revenue grew by 22% to £1,214 million, broadband revenue increased by 44% to £421 million and mobility revenue… Continue reading BT’s New Wave Revenue Continues To Grow
WPP has extended its reach into the Chinese media market, with the acquisition of Beijing Hua Yang Lian Zhong Advertising Company (HYLZ). The acquisition will now come under WPP’s GroupM, specialising in on-line and interactive media throughout the People’s Republic of China. HYLZ had audited revenues of CNY 20.75 million (US$2.6 million) for the year… Continue reading WPP Extends Reach Into Chinese Media
A senior-level shake-up at newspaper publisher Pearson has made Rona Fairhead chief executive of the Financial Times Group, amid rumours that she is being groomed to take over from Marjorie Scardino, chief executive of Pearson, in the future. Of her new role, Fairhead simply said: “It is a real privilege to take on some of… Continue reading All Change At The FT After Management Reshuffle
Media giant Havas has announced an increase in revenues of 2.6% year on year for Q1 2006, reaching €339 million. On a like for like basis, the company states that organic growth was down by 2.4% however, with Havas stating it is still suffering from last year’s losses. The company’s operations in France remained stable,… Continue reading Optimistic Havas Releases Q1 Results
Newspaper giant Trinity Mirror has extended its online portfolio with the acquisition of Email4Property Limited, an internet directory service and marketing tool for estate agents. The purchase, made for a total of £4.4 million, sees Trinity extend its property advertising assets and should deliver a good return, given the sector’s strong performance for the publisher… Continue reading Property Purchase Boosts Trinity’s Online Portfolio
Satellite giant BSkyB has signed an agreement with rival broadcaster Setanta to allow pubs, clubs, sports centres and other commercial premises to receive Setanta’s live FA Premier League coverage as part of their regular Sky subscription. The deal will allow Sky’s commercial customers to receive all 138 live Premiership matches without the need for separate… Continue reading Sky Scores Premiership Pub Deal With Setanta
NTL has announced its Q1 2006 results, revealing a rise in revenues and success in converting existing customers into triple play subscribers, taking all three of its communication and entertainment offerings. The company states that revenue has increased by £6.9 million year on year, reaching £636.7 million, while the company claimed to have added 25,000… Continue reading NTL Sees Success With Triple Play Services
Guardian Media Group (GMG) has announced the appointment of Carolyn McCall as its new chief executive, replacing Sir Robert Phillis, who is due to retire at the end of July. McCall will step up from her position as chief executive of GMG’s national newspaper division, taking the reigns of GMG as a whole on 1… Continue reading GMG Promotes McCall As New Chief Executive
