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Chrysalis Group, owner of some of Britain’s best known radio stations and music labels, held its AGM today, reporting that trading in both its radio and music divisions is in line with expectations, and remaining optimistic for the full year. The company said that, in the five months to the end of January, trading conditions… Continue reading Chrysalis Outperforms Radio Rivals

French advertising group, Havas, enjoyed organic growth of 1.8% in the last quarter of 2005, resulting in organic revenues of €1,461 million for 2005 and overall organic growth of 2.5% for the year. France, the rest of continental Europe and Latin America performed very strongly during quarter four 2005, while the period proved more difficult… Continue reading Havas Sees 2.5% Organic Revenue Growth In 2005

Radio and music giant Chrysalis Group has raised more than £1.6 million through the sale of its 50% stake in recording studio firm, Air Studios. Selling the business to independent recording studio operator Strongroom Ltd, the move is designed to enable Chrysalis to focus on its more profitable businesses within the radio and music sectors.… Continue reading Chrysalis Sells Studio Business To Focus on Radio

French advertising group, Publicis Groupe has announced full-year revenues for 2005 reached €2,127 million, up by 7.7% year on year from 2004, seeing organic growth for the year close to $10 million. The strong full year results are on the back of a strong fourth quarter for 2005, with revenues up 8.6% year on year,… Continue reading Publicis Enjoys Revenues Of €2.217 Million For 2005

Private equity group, Cinven, has stepped down from bidding for Daily Mail & General Trust’s regional newspaper arm, Northcliffe Newspapers, following Trinity Mirror’s recent withdrawal, according to a report in today’s Times. Cinven’s departure leaves the way open for interested parties including US publishing group Gannett Co Inc, Providence, Johnston Press, CVC and Providence. DMGT… Continue reading Civin Steps Down From Northcliffe Newspapers Bid

This morning saw the unveiling of the largest ever piece of advertising research into the gay and lesbian community, with the launch of Outright 2006 revealing to marketers the power and potential of the illusive “pink pound”. Jointly commissioned by Channel 4, OMD Insight and GaydarRadio, the survey of 18,000 gay and lesbian and 4,000… Continue reading New Research Reveals Power Of The Pink Pound

ITV looks set to suffer a drop in advertising profits of 14% in the first quarter of 2006, with media buyers claiming the broadcaster is losing viewers across its portfolio of channels. According to a report in this morning’s Times, buyers estimate that ITV1 has booked roughly £352 million of business in Q1 2006, down… Continue reading ITV Could See 14% Revenue Drop In Q1 2006

Ulster TV has withdrawn from bidding for the nine GCap Media Stations currently under auction, leaving the path open for the remaining contenders. According to a report in this morning’s Guardian, the Local Radio Company, UKRD and Absolute Radio are all considering making an offer for the GCap radio stations. GCap announced plans to dispose… Continue reading UTV Backs Down From GCap Radio Sale

Outdoor advertising group JCDecaux, has announced an increase of 7.2% year on year in revenues, reaching €1.74 million, on the backend of stronger than expected growth in the fourth quarter of 2005. Sound organic revenue growth in the group’s Street Furniture and Transport divisions led to overall organic revenue growth of 4% for 2005. Revenues… Continue reading JCDecaux Enjoys 7.2% Rise In Revenues In 2005

BSkyB has announced a rise in half year revenues, with record growth in Sky+ and Multiroom households leading to a 16% year on year increase in operating profits for the satellite broadcasting company. The company said that it added 215,000 net new customers over the Christmas period, up from 168,000 the previous year. Sky+ households… Continue reading BSkyB Enjoys Record Growth In Subscribers