Revenues for Europe’s largest outdoor advertiser, JCDecaux, rose by 1.7% in Q1 2004 to ₏358.9 million and the group expects organic growth for 2004 to reach up to 5%. The largest organic growth of 3.4% to ₏96.4 million was experienced by the billboard division but street furniture still has the biggest market share of ₏197.5… Continue reading JCDecaux Revenues Up And Further Increases Expected This Year
More Media Business articles
Omnicom today announced that net income for Q1 2004 has increased by 17% to $135.6 million from $115.5 million for the same period last year. This is the second strong quarter in a row for Omnicom who posted a 10% growth in Q4 2003 (see Omnicom Posts 18% Revenue Rise As Markets Improve), signaling that… Continue reading Omnicom Sees A 17% Rise In Profits
Guardian Media Group Radio (GMG Radio) today announced that national airtime revenue’s have grown by 86% in the last year and annual turnover is up by 61%. The trading update for year ending 31st March 2004 shows that turnover, excluding revenue from records and events, has increased to £21 million from £13 million in the… Continue reading Exceptional Revenue Growth For GMG Radio
Digital TV is now being received by nearly half of all UK households with Freeview continuing to increase digital’s popularity, says a new report by research group Ipsos. Since September 2003, digital TV in the UK has grown by 7% to 49%, with households receiving this either by satellite, cable or DTT. Freeview represents a… Continue reading Freeview Increases Digital Popularity
The Telegraph Group is expected to report a pre-tax profit of between £45 million and £50 million this year, in a move that could push up the price that bidders are willing to pay for the company. It is understood that a number of parties interested in taking control of the newspaper group have been… Continue reading Telegraph’s £50 Million Profit Could Push Up Bids
The BBC has called on the Government to aid the development of a free-to-air digital satellite service to help make the transition from analogue to digital television as smooth as possible. The request was made in the Corporation’s first report on the digital switchover process, entitled Progress Towards Achieving Digital Switchover, which welcomes the opportunity… Continue reading BBC Calls For Free Digital Satellite Service
The UK has landed second place in the Economist’s e-readiness rankings for 2004. Last year, it only managed to hit the third spot, tying with the US. The overall 2004 e-readiness winner is Denmark; with four of the five top spots being scooped by Scandinavian countries. The report compiled in conjunction with IBM’s institute for… Continue reading UK E-Readiness Reaches 2nd Place
The long-awaited UK advertising recovery continued to gather pace in the first quarter of this year as economic climate stabilised and business confidence gradually returned to marketing executives. The IPA’s latest quarterly Bellwether report reveals that current budgets were revised up in the first three months of 2003 following higher than expected sales revenues and… Continue reading Recovery Slowly Gathers Pace For UK Advertisers
Mark Thompson, Channel 4 chief executive, today announced that 2003 pre-tax profit was up 175% to £45 million – the highest margin achieved since 1999. At the press conference he also revealed that 4 Ventures, a subsidiary owned by Channel Four, made its first ever annual operating profit of £4.1 million, compared to a loss… Continue reading ‘Outstandingly Successful’ Year For Channel 4
The digital cinema market could be worth more than $100 million a year to projector manufacturers by 2005 says a new report by Dodona Research. The report Digital Cinema Factbook says that in response to the emergence of industry standards and innovations it expects digital cinema screens to rise to over 5,000 worldwide by the… Continue reading Digital Cinema To Reach £100 Million A Year
