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Rupert Murdoch’s News Corporation has posted an 18% increase in the first quarter of 2005, as profits jumped to $761 million year-on-year. The strong profit growth was fuelled by a 4% increase in revenue, which was spurred by double digit earning gains in television, cable, newspapers, magazines and supplements. During a telephone conference for reports… Continue reading ‘Another Record Year’ Expected From News Corp

Advertising agency, Publicis Groupe, has reported nearly a 5% increase in organic revenue during the third quarter of this year, as ‘signs of recovery were confirmed in Europe’, which outstripped growth in North America during the period. Revenue from July to September reached â‚Ź932 million year-on-year, as organic revenue grew 4.8%, taking total revenue for… Continue reading Publicis ‘Confident & Cautious’ After Organic Growth Of 5%

Lord Conrad Black, former chief executive of Hollinger Inc, has told the company’s board that he plans to turn the Toronto-listed company private. According to a report by the Guardian, Lord Black said last night, he had broken the news of the $40 million funding proposal he received from the Black family’s investment vehicle, Ravelston,… Continue reading Black Plans To Turn Hollinger Private

Advertising group, Omnicom, beat Wall Street expectations, as third quarter worldwide revenue climbed by 14% a year ago to $2,319 million. Revenue in the US alone reached $1,261.3 million, climbing 14% year-on-year, while international revenue increased 15% to $1,057.7 million. Net income from July to September grew by 17% to $145.3 million from $124.6 million… Continue reading Omnicom Q3 Profits Up 14%

Outdoor advertising group, JCDecaux, has added to the record-breaking results it achieved in the first half of this year, as third-quarter revenues topped expectations, climbing by 7.9% to â‚Ź375.3 million. Over the nine month period from January to September, revenues climbed by 5.6% to â‚Ź1,167.6 million, spurred by a strong performance across all of the… Continue reading Another Record Quarter For JCDecaux As Revenues Climb By 8%

Advertising giant, WPP, exceeded expectations in the third quarter of this year, as revenue rose by nearly 4% to £1.068 billion, marking the first time ever the company has broken through the billion-pound barrier in a three-month period. Today’s trading update for July to September 2004 shows, revenues in the United Kingdom grew by 12%,… Continue reading WPP Revenues Grow By 4% To Exceed Expectations And £1bn Barrier

WPP is expected to announce third quarter revenues in excess of £1 billion, the first time ever the company has broken through the billion-pound barrier in a three-month period. According to the Sunday Observer, WPP’s chief executive, Sir Martin Sorrell, will provide further evidence that the UK advertising recovery is well underway, as industry analysts… Continue reading WPP Expected To Report Q3 Revenues In Excess Of £1bn

Publisher, Northern & Shell, has made a pre-tax loss of £3.2 million last year, compared to a profit of £16.6 million in 2002, as owner Richard Desmond paid himself £46.2 million, according to accounts filed at Companies House. In 2003, Desmond paid himself a salary of £15.1 million, a significant increase compared to the £629,000… Continue reading Northern & Shell Move In To Loss As Desmond Gets £46 Million Pay

The parent group of WPP’s Insight division, Kantar Group, has acquired China’s largest independent market research network, Oracle. Following the acquisition, Oracle will join Kantar’s Added Value network and will be branded as Oracle Added Value. Founded in 1994, Oracle employs 130 people and generated revenues of HK$65 million last year. The purchase, which follows… Continue reading WPP Acquires Oracle Market Research

Speculation that Scottish Radio Holdings is on the brink of being take-over by Emap has intensified following news that the company is looking for advisors in anticipation of a potential deal. Speculation has been rife that Emap would launch a take-over bid for Scottish Radio Holdings since the cross-media giant expressed an interest in increasing… Continue reading Emap May Move On Scottish Radio Holdings Next Year