More Media Business articles

Magazine publisher, Highbury House Communications has announced the proposed sale of its business publishing operations, BCom, to Ergo Science Corporation for gross profits of £12.5 million. This will put the Group on track to achieve its stated strategy of reducing indebtedness and focusing on its consumer newsstand business. It is estimated that net proceeds are… Continue reading Highbury Sells Business Publishing Arm

Paris based advertising group, Havas has released a positive trading update for 2004, revealing that the company has increased organic revenue growth by 2% to €1,494 million, thanks to a positive quarter four which saw revenue increase by 4.6%, compared to the same period in 2003 (see Havas Organic Revenue Spurred On By Europe). All… Continue reading Strong Q4 Boosts Havas 2004 Revenue

The marketing profession remains broadly optimistic about the future economy, supporting the widely held view that the expected slowdown in 2005 will represent a change of gear rather than a recession, according to the latest survey results from the Chartered Institute of Marketing (CIM). The study, based on the views of 500 senior marketing professionals… Continue reading Little Sign Of Recession, Says CIM Study

Confidence in the European media industry looks set to continue this year, indicating that the mergers and acquisitions (M&A) arena will be worth watching in 2005, according to a new PricewaterhouseCoopers report released yesterday. PwC, the audit and corporate finance group, is anticipating in excess of 110 transactions in 2005,compared to the number of deals… Continue reading Confidence In European Media To Fuel M&A

Media and communications group, Aegis has announced the appointment of Robert Lerwill as chief executive, taking over from Doug Flynn who has held the position since 1999. The current chief executive of Aegis, Doug Flynn, will be joining Rentokil Initial as chief executive. During his time at Aegis, Flynn proved instrumental in developing the management… Continue reading Aegis Announces New Chief Executive

A £150 million investment programme by the Telegraph Group, will result in 90 journalists losing their jobs from the Group’s flagship newspapers, The Daily and Sunday Telegraph, the company announced today. The organisational cuts are to be implemented to fund a £150 million investment in colour printing and increasing pagination, giving both papers an extra… Continue reading Telegraph To Cut 90 Journalist Jobs

Mobile telecommunication and broadcast transmission infrastructure company, Crown Castle UK has closed bids for its vacant Freeview slot, ending a bidding war believed to have attracted offers as high as £7.3 million. The space became available due to technology improvements and advances in compression technology, thus reducing the bandwidth required to transmit TV channels. The… Continue reading Bidding Closes For Freeview Channel Slot

Outdoor advertising company, JCDecaux has announced an increase of 5.7% in revenues, totalling €1,631.4, revealing a strong performance in the second half of 2004, with organic revenues reported to have grown by 6.8%. The solid results are stronger than the company predicted in its October forecast (see Another Record Quarter For JCDecaux As Revenues Climb… Continue reading JCDeaux Performs Ahead Of Advertising Market

Satellite heavyweight, BSkyB, has announced very positive interim results for the second quarter of 2004, revealing 192,000 new subscribers in the six months to December 31; bringing it closer to reaching its 8 million subscriber target by the end of 2005. Total revenue for Group has seen an increase of 10%, taking it to £1,945… Continue reading BSkyB Closes In On 8 Million Subscriber Target

The UK’s fifth largest mobile phone operator, Virgin Mobile Holdings has announced a 37% increase in customer connections for the last three months to 31 December 2004, with its total subscriber base reaching 5.03 million. In Virgin’s key performance indicators (KPI), announced today, the Group revealed that it had added a net 417,000 users in… Continue reading Virgin Mobile Sees Record Increase In Subscribers