More Media Business articles

WPP has joined the growing list of businesses interested in acquiring media buying group Aegis, with the company reportedly considering a bid for the British firm’s research arm. Meanwhile, French entrepreneur Vincent Bollore has further increased his stake in the company, fanning the flames of speculation surrounding his intentions, and securing 12.63% of the firm… Continue reading Bollore Raises Stakes As WPP Shows Interest In Aegis

Aegis has acquired Hungary’s leading digital agency, Kirowski Rt; for a total cash consideration of up to €10 million, payable over four years. Kirowski will become part of the media communications company’s digital network, Isobar, bringing with it an impressive client list, including, Hungarian Telekom MOL Group, Nestle and Renault. The agency provides clients with… Continue reading Aegis Extends Digital Reach In Europe

French entrepreneur Vincent Bollore has again increased his stake in media communications business, Aegis, raising his share in the company to 11.4% over the weekend to make him the firm’s largest stakeholder. The move adds fuel to industry speculation that Bollore is planning a take-over bid for Aegis, after he began increasing his share in… Continue reading Bollore Increases Aegis Stake To 11.4%

News Corporation has sold its TSL Education division to Exponent Equity for £235 million, marking the first disposal of owner Rupert Murdoch’s newspaper titles since he entered the market 36 years ago. The deal will see News International continue to print and distribute The Times Educational Supplement and the Times Higher Supplement, with the sale… Continue reading Murdoch Sells TSL Education

Future has announced that trading for the second half of 2005 has continued at levels below expectations, with the specialist magazine publisher attributing the demise to newsstand weakness in the UK and France, combined with a higher level of new product development expenditure. According to its trading statement, total group turnover for the 11 months… Continue reading Future Reveals Trading Below Expectations

Highbury House Communications has revealed that revenues for the first half of 2005 are down by 28% year on year to £39.6 million, resulting in an operating loss of £2 million, according to its trading statement published today. Total operating losses were shown to be £11 million, compared to £22.9 million last year, with revenues… Continue reading Highbury Revenues For First Half 2005 Down By 28%

French entrepreneur Vincent Bollore has increased his stake in Aegis to “close to 9%”, further fuelling industry speculation that he will enter the bidding for overall control of the firm. Bollore, chairman of rival agency Havas told a French news conference: “Maybe Aegis will be a long-term shareholding one day, but for the moment it… Continue reading Bollore Raises Aegis Stake To 9%

Advertising and marketing communications company, Omnicom has announced plans to invest in a global expansion of its PHD media network, extending its presence in markets across Europe, Asia and Africa. Omnicom will launch the new offices by taking resources from its existing Media Group offices, with the expansion beginning in the final quarter of 2005… Continue reading Omnicom Extends PHD’s Global Reach

Chrysalis radio has announced plans to launch a new independent division to develop audiences and revenue through listener understanding. The company’s new Insight department will work across Chrysalis Radio’s entire brand portfolio including Heart, LBC, Galaxy and its digital station Arrow, taking responsibility for listener engagement, database management, research, agency and client development and trade… Continue reading Chrysalis Radio Launches Insight Division

GCap Media has shown that the merger between Capital Radio and GWR created £25 million of annualised gross merger synergies, a significant increase of their earlier estimates of £7.5 million and resulting in on expected £8 million of gross cost savings in the current financial year. According to the group’s trading statement, published this morning,… Continue reading GCap Merger Creates £25 Million In Merger Synergies