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Highbury House Communications is expected not to receive more than £5 million for the sale of its magazines, according to sources close to the publisher. A report in this mornings Times claims that the proceeds of the sale of the titles would only pay back a small portion of the £30 million debt that crippled… Continue reading Highbury Magazines May Raise Only £5 Million

Specialist business publishing and information company, Centaur Holdings, expects to see a rise in overall revenues of 7% for the six months ended 31st December 2005, compared to the same period last year. According to the company’s trading statement, the growth has been led by increased advertising revenues, in particular from magazine display advertising and… Continue reading Centaur Predicts Revenue Rise Of 7%

Magazine publisher Highbury House has been put up for sale, following the resignation of its chairman Kelvin MacKenzie last month, who departed after defeat by a “mountain of debt.” The company, which commands control of several high-profile titles including Front and Hotdog, is “highly unlikely” to deliver much return for shareholders following the sale of… Continue reading Highbury Up For Sale After Defeat By Debt

Global advertising firm, WPP, has announced the purchase of Polish market research company, Pentor Instytut Badania Opinii i Rynku S.A, integrating the business into its global market research network, Research International. Pentor has been affiliated to Research International since its beginning in 1991, with its clients including Frito-Lay, Polska Telekom, PKN Orlen, Dr Oetker Polska… Continue reading WPP Extends Reach In Poland

News Corporation has announced the promotion of Jeremy Philips to the position of executive vice president, office of the chairman. The role will see Philips assume responsibility for the company’s internet investments as well as focusing on acquisitions and strategy. He will continue to report to Rupert Murdoch, News Corporation’s chairman and chief executive officer.… Continue reading News Corp Promotes Philips To Executive Vice President

Didier Suberbielle, managing director of magazine publisher Les Publications Conde Nast, has announced that he will be leaving the position to take up the role of chief executive officer at Europe’s leader in dietetic foods, Nutrition & Sante. Commenting on his decision, Suberbielle said: “Conde Nast is an extraordinary company with unique brands. In the… Continue reading Conde Nast MD Announces Departure

Vincent Bollore, chairman of French advertising giant Havas, has outlined plans to appoint the company’s Fernando Rodes Vila, currently head of Havas’s media planning arm, as the next group chief executive, potentially forging closer ties with Aegis.According to a report in today’s Telegraph, Bollore, who also holds a 25% stake in Aegis, has already asked… Continue reading Havas Mulls Aegis Links Through Management Reshuffle

US online shopping spend reached $30.1 billion during this year’s holiday season, with new figures showing the sector to have risen by 30% compared to the same time last year. According to the new Holiday eSpending Report from Goldman Sachs, Nielsen//NetRatings and Harris Interactive, 2005 holiday online sales were at the high end of expectations,… Continue reading US E-Commerce Passes $30 Million For 2005 Holiday Season

US media owner, Viacom, has spilt itself into two companies, CBS Corp and Viacom, with investors getting one CBS share and one Viacom share for each two of Viacom they own. The division will see Viacom own the MTV cable business and the Paramount Pictures studio, while CBS owns Simon & Schuster, Showtime and Paramount… Continue reading Viacom Splits Into Two

Global advertising group, WPP, has announced that leading US marketing and interactive agency, Bridge Worldwide, will join it’s relationship marketing agency, Wunderman. Bridge Worldwide is a top 40 interactive agency, using the internet as the centre of its marketing programs, with clients including Procter & Gamble and other leading multinational companies. The purchase of Bridge… Continue reading WPP Extends Online Healthcare Offerings