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Independent News & Media has reported record results in 2005, enjoying a year on year increase in revenue of 7.5%, reaching €1,611.1, up from €1,499.2 a year earlier. Advertising and circulation were up by 10.7% year on year and 6.4%, respectively, benefiting from a combination of enhanced yield/price and higher volume on core products. All… Continue reading Independent News & Media Enjoys 7.4% Increase In Revenue In 2005

Reports this morning claim ITV has received an approach from a consortium of investors willing to put £1.5 billion into the firm, effectively gaining control of the broadcaster. A report in this morning’s Telegraph claims the approach by Goldman Sachs Capital Partners and Apax Partners would see ITV “gear itself up,” returning around three quarters… Continue reading ITV Receives Take-Over Bid

Reports this morning claim ITV has received an approach from a consortium of investors willing to put £1.5 billion into the firm, effectively gaining control of the broadcaster. A report in this morning’s Telegraph claims the approach by Goldman Sachs Capital Partners and Apax Partners would see ITV “gear itself up,” returning around three quarters… Continue reading ITV Rejects Take-Over Bid

Titan Outdoor has restructured the management for Maiden Outdoor, promoting the current managing director, David Pugh to chief executive. Alison Reay, former UK commercial director for Yahoo! and Andy Moug, former Viacom Outdoor sales director, have been appointed as joint managing directors for Maiden. Philip Miles, Maiden’s national sales director, and regional sales director, Richard… Continue reading Titan Restructures Maiden’s Management

Global advertising firm, WPP, has announced that its operating company, Mediaedge:cia, has acquired a further 60% of the issued share capital of The Leverage Group Inc, pushing its stake up to 80%, with the group committing itself to purchase the remaining 20% at a later date. The Leverage Group is an entertainment marketing and strategic… Continue reading Mediaedge:cia Buys 60% Of The Leverage Group

Newspaper publisher, Daily Mail and General Trust (DMGT), has seen a dip of 1% in circulation revenues for its national newspapers for the five months to February 2006, with advertising revenues for the same period also suffering a depression, down by 9% year on year. Associated’s display advertising revenue fell by 10% for the same… Continue reading DMGT Newspapers Suffer Across The Board

RTL Group, owners of Channel Five, has seen overall revenues for 2005 increase by 4.9% reaching €5,115 million, with earnings before interest enjoying a 6.9% rise year on year. Despite mixed advertising conditions in Europe continuing, RTL reported an increase in profit of 42.6% for 2005, hitting €616 million, while net income jumped by 47%… Continue reading RTL Enjoys 5% Revenue Jump In 2005

Scottish Media Group (SMG) has reported a 11% rise in underlying operating profit for 2005, driven by a 4% year on year increase in revenue, reaching £210 million. Television revenues for the Group grew by 3% in 2005, with operating profits jumping by 19%, resulting in SMG’s television business living up to expectations and outperforming… Continue reading SMG Sees Profit Increase Of 11% In 2005

Titan Holdings has bought outdoor advertising company, Maiden, for just under £50 million, with the deal accepted this morning by 57% of Maiden’s shareholders. Maiden is believed to be around £39 million in debt and has struggled in recent months, pulling out of the race for Irish rail and bus operator, CIE, at the end… Continue reading Titan Buys Maiden For Under £50 Million

Daily Mail and General Trust (DMGT) is in talks to sell the Scottish arm of its local newspapers division, despite its recent decision not to auction Northcliffe Newspapers. According to a report in the Financial Times, DMGT is rumoured to be considering a sale for up to £120 million. DMGT announced last month that, after… Continue reading DMGT Rumoured To Be Selling Scottish Newspapers Division