More Media Business articles

Cable and Wireless (C&W) is planning a rollout of high-speed broadband internet services, which are expected to be at least four times as fast as the connections offered by rivals, British Telecom. According to the telecommunications company, up to £50 million will be invested in ‘local loop unbundling’ (LLU), which means that the new broadband… Continue reading C&W Rivals BT With Four Times Faster Broadband Offering

Profits at advertising group, Havas, have experienced an impressive turnaround over the last twelve months, rising to â‚Ź14 million during the first half of this year, compared to a net loss of â‚Ź58 million for the same period last year. Havas, which lost out on a bid for Grey Global this week to rivals WPP,… Continue reading Havas Back In the Black

Renewed speculation amongst City traders that radio groups GWR and Capital are preparing to merge has seen the share price of both companies jump by 1.69% and 5% respectively as rumours continue to circulate that a deal is imminent. Industry insiders have claimed that draft deals have been drawn up between GWR and Capital, but… Continue reading GWR And Capital Boosted By Renewed Merger Speculation

Outdoor advertising group, JCDecaux, unveiled record results for the first six months of this year, as operating income pushed up by nearly 14% to â‚Ź125.3 million, reflecting the recovery in the European advertising market. Revenues for the Paris based group grew by 4.5% to â‚Ź792.3 million from January to June, driven by a good performance… Continue reading European Ad Market Recovery Spurs JCDecaux Profits

Saga, the family-run business for the over 50’s, is planning to list its shares on the London Stock Exchange. The group, which specialises in a number of services including holidays, numerous radio stations, as well as a best selling magazine, has also been considering a sale to private investors. Since July 2004, Saga customers and… Continue reading Saga Plans To Float On The London Stock Exchange

The Wireless Group has today announced that operating profits have grown by 108% to over £1.1 million during the first six months of this year, driven by the ‘storming’ success of its flagship station, talkSPORT, and local radio stations. Along with today’s interim results, plans were unveiled for a new talkSPORT Sky television channel, which… Continue reading Wireless Revenues Driven By ‘Storming’ Success Of talkSPORT

Associated Newspapers has seen display advertising revenues rise by a solid 8.5% year on year in the eleven months to August following a strong performance from its daily freesheet Metro and London evening paper the Evening Standard. Metro saw display advertising revenue rise by 25% year on year following the launch of two new franchises… Continue reading Metro And Evening Standard Boost Associated Revenues

The Independent’s transition from broadsheet to compact tabloid has helped push post-tax profits at its parent group, Independent News & Media, up over 42% to â‚Ź68.1 million during the first six months of this year. From January to June 2003, operating profit have grown by over 25% to â‚Ź129 million, driven by record results in… Continue reading Record Results Push Independents Profits Up 42%

Consumer magazine publisher, Future Network, has today warned profits have been held back as a result of a weak Dollar, despite pre-tax profits growing by 7% during the first six months of this year. From January to June 2004, pre-tax profit rose to £7.2 million, up from £6.7 million year-on-year, while operating profit rose 9%… Continue reading Future Network Profits Up 7% Despite The Impact Of A Weak Dollar

After losing out in the Grey Global bidding battle to WPP, shareholders of advertising group, Havas, are saying that the French-based company is looking increasingly vunerable and may be next to be put under the hammer, says the Financial Times. According to the FT, the Havas shareprice rallied yesterday when it pulled out of the… Continue reading Havas May Be Next Under The Acquisition Hammer