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ITV looks set to suffer a £190 million deficit in its advertising income resulting from a poor performance from ITV1, with media agency Starcom forecasting the broadcasters share of the television advertising market to fall by 5.5 percentage points in 2006. Despite ITV’s expected fall, Starcom estimates the TV ad market for 2006 to be… Continue reading ITV To Suffer £190 Million Advertising Income Loss

Highbury House Communications has announced the departure of Mike Frey, chief operating officer of the group revealing the news in a statement to the city this morning. According to Highbury, Frey left the company by mutual consent with immediate effect and will not be replaced. Last month, Highbury appointed Kelvin MacKenzie as executive chairman of… Continue reading Frey Leaves Highbury House

Groupe Bollore has continued to raise its share in Aegis, with the latest reports revealing that Vincent Bollore has purchased more shares, increasing his stake in the media and communications agency to 19.1%, up from the 17.4% level announced on Saturday. Bollore is moving closer and closer to holding a 25% level in the company,… Continue reading Bollore Increases Aegis Stake To 19.1%

Media and communications group, Aegis has bought 100% of the equity of business media planning and buying agency, Just Media Limited (JML), for £10 million. JML was founded in 1995 and will bring clients including Adobe, Borland, Cognos, Compuware, MessageLabs and Seagate to Aegis. Commenting on the acquisition, Robert Lerwill, chief executive officer of Aegis… Continue reading Aegis Buys JML For £10 Million

French advertising group, Publicis has announced that it has decided not to make an offer for Aegis, putting the end to weeks of speculation over the company’s intentions for the media and research group. Publicis said in a statement that making an offer for Aegis was not “in the best interests of its shareholders.” The… Continue reading Publicis Backs Down From Aegis Take-Over

Emap has announced the £140 million purchase of online research firm Worth Global Style Network (WGSN), a specialist in the retail industry, bolstering the media giant’s research arm. WGSN is “the leading international online source of fashion and apparel intelligence in the retail sector”, Emap explained this morning, stating that the company’s high value information… Continue reading Emap Buys Online Research Firm

A bidding war for control of media buying agency Aegis now looks inevitable, following confirmation this morning that WPP is considering a bid for the company, with its main interest in the Synovate market research operation. Martin Sorrell, chief executive of WPP, confirmed that his company is considering a joint bid with American private equity… Continue reading WPP Confirms Bid For Aegis

Reports this morning claim satellite giant BSkyB is considering a bid for telecoms operator OneTel, a move which would extend the broadcaster’s reach into the communications and online business, allowing for triple play internet and telephone services to accompany the company’s current TV offering. OneTel is currently up for sale by owners Centrica PLC, with… Continue reading BSkyB Considers Bid For OneTel

Aegis Logo Vincent Bollore’s position amid rumours of an Aegis takeover continued to develop this morning, with the French businessman and head of media giant Havas snapping up a further 3.25 million shares in the British firm. Bollore’s latest purchase cements his position as Aegis’ largest shareholder, with a stake of more than 15% in… Continue reading Bollore’s Stake In Aegis Reaches 15%

UK market research firm, Taylor Nelson Sofres (TNS), has announced the appointment of David Lowden as its new chief executive, succeeding Mike Kirkham as of March next year. Lowden moves up from his position as chief operating officer, with the board asserting that in his time at TNS he has played a central role in… Continue reading TNS Appoints Lowden To Chief Executive