More Media Business articles

UBC Media Group (UBC) today announced that total revenues have more than doubled year-on-year and are expected to be up by 60% from last year. The pre-close trading statement for the commercial radio broadcasting company and independent radio programme producer, said that the board was pleased that its ambitious plans for the business remain on… Continue reading UBC Revenues Up 60%

Doubleclick, the internet marketing solutions company has announced that quarter one figures have reached $68 million, up from $60.8 million for the same period last year. The group reported a growth across all product groups and this puts it well on-track to achieve record profits in 2004. Kevin Ryan, CEO said: “We saw significant year-over-year… Continue reading DoubleClick To Double Profits in 2004

ITV’s Chairman, Sir Peter Burt, today announced that the group is continuing to perform satisfactorily and advertising revenues for April and May are expected to rise by 2.5%. A statement of the first ITV Annual General Meeting shows that ITV1 advertising revenues in quarter one 2004 remained unchanged from the same period last year. ITV2… Continue reading ITV Chairman ‘Satisfied’ At First AGM

By 2007, 110 million European homes – 67% – are expected to have a DVD player or recorder, according to a new report from Screen Digest. It took the video recorder almost 20 years to achieve this. In the five years since DVD players were launched in Europe, sales have been out performing all expectations.… Continue reading DVD To Grow Twice As Quickly As VHS

The US publishing giant, Dow Jones, announced yesterday that quarter one 2004 revenues were up 12.1% to $401.6 million, backing recent opinion that the advertising market recovery is well underway. Dow Jones’ flagship paper, The Wall Street Journal, led the way by posting advertising revenues up by 6.3% when compared to the first quarter of… Continue reading Dow Jones Sees ‘Moderately Improving’ Ad Environment

Next month BSkyB is set to announce its lowest new subscriber figures for the past year, according to Lehman Brothers forecasts. During the third quarter of its financial year (March – May 2004) Sky is expected to have gained 92,000 customers, taking the total to 7.3 million, predict analysts. The report shows that subscriber rates… Continue reading BSkyB To See ‘Seasonal Slowdown’ In Third Quarter

The management of London creative agency WCRS has signed a deal to buy 75% of the business from its parent company, French advertising giant Havas (see WCRS Close To Finalising £20 Million Buyout From Havas). WCRS, which created the successful 1970s marathon runners campaign for 118 118, is held by Havas’ Arnold Worldwide Partners (AWP)… Continue reading WCRS Management Takes 75% Stake From Havas

The UK’s market research industry saw total revenues rise by 3.9% to £1.2 billion in 2003, according to the British Market Research Association’s (BMRA) annual report. The survey, conducted on UK-based market research companies, reveals that domestic sales, which make up 79% of this market, were up by 6.8%. This reflects the general UK economic… Continue reading UK Market Research Grows 3.9% In 2003

Hollywood media mogul Haim Saban has teamed up with German publisher Axel Springer in his bid to take control of Hollinger International, the beleaguered newspaper group which owns the Daily and Sunday Telegraph. It is understood that the consortium secured backing from venture capitalist house Hellman & Friedman to table the first all-paper (rather than… Continue reading Saban And Springer Enter Hollinger Bid Battle

A difficult year for consumer magazine publisher Highbury House Communications led to a pre-tax loss of £25.7 million for 2003, the group said this morning. The loss highlights a year of change when compared to 2002, when the company achieved pre-tax profits of £6.7 million (see Highbury House To Buy Cabal Comms, As Profits Rise… Continue reading Highbury House Loss Hits £25.7 Million