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Satellite giant BSkyB has announced a slow down in growth of its subscriber base during its fiscal first quarter, showing reduced subscriber growth of 57,000, down from the 83,000 new subscribers it added in the previous quarter. Despite this downturn, revenues for the period increased by 8% year on year to £1.02 billion with operating… Continue reading BSkyB Sees Slowdown In Subscriber Base Growth

Global advertising network Publicis has reported strong growth in its third quarter results, with revenues rising by 7.4% following a string of new business wins and an upbeat advertising market. Announcing the results, Maurice Lévy, chairman and CEO of Publicis Groupe, said: “We are understandably pleased with the performance of Publicis Groupe in the third… Continue reading Publicis Sees Revenues Rise On Upbeat Ad Market

Vincent Bollore is continuing his relentless acquisition of shares in media buying firm Aegis, announcing that his overall stake in the company now totals 21.31%, following the purchase of 3 million shares in the firm yesterday. The purchase, which cost Bollore £3.7 million, was made through the Frenchman’s company Financiere Du Loch and is the… Continue reading Bollore Continues Aegis Share Purchases

News International (NI) has announced the purchase of online property site propertyfinder.com for £14.3 million, with the deal further extending Rupert Murdoch’s presence in the internet arena. Propertyfinder.com was jointly purchased by media group NI and Australian property firm realestate.co.au, with the agreement expected to raise awareness of the propertyfinder brand through NI’s newspapers and… Continue reading NI Buys Online Property Site

UK publishing firm Pearson has issued a trading statement to the City this morning, reporting strong third-quarter sales, helped by an upbeat American education market. The company expects 2005 as a whole to be a “strong year,” stating that trading in the first nine months had seen sales rise by 10%, while operating profit increased… Continue reading Pearson Optimistic As FT Looks Set To Break Even

BSkyB is to launch a fully-fledged mobile TV service in partnership with telecoms operator Vodafone, offering users live feeds of Sky News, MTV and cricket coverage from Sky Sports from tomorrow. The 19-channel service will be available free of charge to all Vodafone customers using the company’s 3G service until 31 January 2006, after which… Continue reading Sky Signs Vodafone For Mobile TV Service

Global advertising group WPP has announced an increase in revenue of 26% in the third quarter of 2005, reaching £1.35 billion, with revenues in the UK up by almost 10%. North America also saw a rise in revenues in Q3 2005, up by over 26%, while Europe enjoyed growth of 25%. Asia Pacific, Latin America,… Continue reading WPP Sees Revenue Rise By 26% In Q3 2005

Outdoor advertising group, Maiden, has revealed a slight drop in turnover for the first half of 2005, dropping by 1% to £45.5 million, with pre-tax losses at £3.5 million. Maiden’s financial results show a mixed set of results for the first half of 2005, reflecting uncertain economic and advertising conditions in the industry and confirming… Continue reading Maiden Sees Turnover Drop In First Half Of 2005

Digital agencies look set to reap the benefits of the surge in online advertising with a new survey from online research firm E-consultancy showing that daily fees for companies are up by 11% since 2003, and are expected to rise by 8% over the next 12 months. Out of 328 agencies, 96% were optimistic about… Continue reading Digital Ad Agencies Enjoy Online Advertising Surge

Vincent Bollore continued his relentless acquisition of Aegis shares this morning, buying up a further 2 million at a cost of £2.6 million to push his combined stake in the media buying firm to 20.67%. The purchase is the latest in a long line made by Bollore’s company, Financiere Du Loch, which have sparked rumours… Continue reading Bollore Continues Aegis Share Creep