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GCap Media has announced that revenues for the first quarter of the year will be down by 17% year on year, citing the “short term” impact of its recent decision to reduce the number of adverts on Capital Radio, as well as a weak advertising market in general. Issuing a trading update for the twelve… Continue reading GCap Q1 Revenues Down By 17%

Radio firm GCap Media has withdrawn from its plans to sell nine analogue stations in the South West and North Wales, claiming that the approaches it has received do not meet the best interests of investors. The proposed sales, made as part of the broadcaster’s strategy review in November 2005, were designed to leave the… Continue reading GCap Backs Down From Station Sale

Global advertising firm, Interpublic, has reported revenue reaching $6.3 million in 2005, down by 1.8% compared to 2004. Interpublic suffered an operating loss of $104.2 million during the year, compared to a loss of $94.4 million in 2004. Net loss for the group was $289.2 million, or $68 per share diluted. The year on year… Continue reading Interpublic Sees 1.8% Revenue Drop In 2005

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