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News Corporation has announced a net loss of $246.8 million for the July to September quarter of this year, despite a 10% increase in revenues year on year. Revenue in the quarter was shown to have enjoyed an increase of $0.53 billion compared to the same period last year, reaching $5.68 billion. Commenting on the… Continue reading News Corp Sees Net Loss Of $246 Million In Q3 2005

Interpublic has announced third quarter revenue of $1.44 billion, a drop of 2.6% year on year organically and 3.3% due to net business dispositions. Resulting from these figures, revenue was down by 5.1% compared to the same period a year ago. Revenue for the first nine months of 2005 for the advertising group reached $4.39… Continue reading Interpublic Sees 2.6% In Q3 Revenue

Liberty Media has announced that Greg Maffei will be its next chief executive officer, with the ex Microsoft chief executive officer taking up the position in the second quarter of 2006. Commenting on the appointment, John Malone, founder and chairman and of the group, said: “Greg is well known and respected in the media and… Continue reading Liberty Media Announces New CEO And Plans To Spilt

French advertising group, Havas, has revealed organic revenue growth of 3.9% year on year in the third quarter of 2005 with revenues reaching €341 million, compared to €338 million in Q3 2004. Havas attributes the strong results seen in the third quarter of this year to a good performance of traditional advertising activities and an… Continue reading Havas Enjoys Revenue Growth Of 3.9% In Q3 2005

Outdoor advertising group, JCDecaux has announced the launch of Open@JCDecaux, with the new division aiming to transform strategic planning within out-of-home and open up new channels of communication for its clients. The new department will be in charge of providing clients with an independent resource, offering strategic planning advice and accountable campaign analysis and research.… Continue reading JC Decaux Launches Strategic Outdoor Planning Division

Consumers in the US are increasingly using the internet to research and purchase items online, with a new survey from Burst! Media claiming that out of 6,000 web users aged 18 or over, three-quarters of them are online shoppers. According to the study, 62% of online shoppers say that the internet is their primary source… Continue reading Increased Consumer Presence In Online Commerce

Vincent Bollore’s continued purchases of Aegis shares has brought the French entrepreneur within reach of a 25% share in the company. Bollore’s French financier, Groupe Bollore, announced on Saturday that it had raised its stake in Aegis Group to 24.97%. Should Bollore extend his stake to the 25% mark he will achieve a blocking minority… Continue reading Bollore Closes In On 25% Aegis Share

Chrysalis Group has confirmed the sale of its loss-making books division to its management team for £12.5 million. The sale will see Chrysalis Books become part of the Anova Books Company, formed by the company’s chief executive and other senior managers of the division. The new company will also take on the outstanding debt owed… Continue reading Chrysalis Sells Books Division For £12.3 Million

The UK business to business media and information market is predicted to increase by 11% in 2005, reaching £17 billion and continuing the strong growth enjoyed by the sector over the past five years. According to a new study released by the Business Information Forum and supported by the Department of Trade and Industry, the… Continue reading B2B Media And Information Market To Rise By 11% In 2005

Media and communications group, Aegis has purchased French digital agencies Planete Interactive and Webcontents, planning to integrate then into its Isobar network. The deal sees the two companies purchased for a total cash consideration of €9 million payable over three years and subject to strict performance conditions. Planete Interactive and Webcontents merged early this year… Continue reading Aegis Furthers Digital Network