More Media Business articles

Radio First, the company which has recently launched a set of football club-affiliated radio stations (see Radio First On Target For Football Station Launches), today said that the ventures should become profitable in the medium term. The group managed to reduce losses from £2.0 million to £0.8 million, in the full year ended 30 September… Continue reading Radio First Sees Medium Term Profit In Football Stations

Aegis Group, the media communications and market research network, has acquired Market & More, a European market research company with operations in Germany, Netherlands, Belgium and France. Market & More provides full-service custom research to a blue-chip client base of major European and multinational FMCG companies, including Procter & Gamble, Interbrew and Danone Group. Aegis… Continue reading Aegis Acquires European Market Research Group

The FT this morning reports that talks are being held today between Rupert Murdoch and key News Corp TV executives regarding the company’s position on troubled German broadcaster Kirch. BSkyB holds a 22% share in Kirch’s pay TV operation and decisions must be made on the future of this arrangement and the put option BSkyB… Continue reading Murdoch In ‘Make Or Break’ Talks Over Kirch

Gaming consoles will not succeed in offering a myriad bolt-on functions, such as MP3 players, personal video recorders (PVR) and hubs for digital cameras, but they will benefit from broadband connections to the internet, allowing online console gaming to take off. This is the message from Game Consoles Connect – a new report by Forrester… Continue reading European Broadband Growth Will Drive Online Gaming Consoles

Italian television broadcaster Mediaset saw advertising revenues decline by 7% in Q4 and by 9% in December, according to analysts at ABN Amro. As a result, the broker is forecasting the 2001 ad revenues saw an overall increase of 0.5%. Mediaset said that the decline has stabilised slightly in January this year, down by just… Continue reading Mediaset Sees Italian TV Revenue Decline Stabilise In January

WPP CEO Sir Martin Sorrell, speaking at the World Economic Forum in New York, has said that he sees no signs of a recovery in the global economy or advertising market despite the upbeat forecasts of some commentators at the World Forum. “I’ve seen no blue sky or green shoots. Nothing tells me the global… Continue reading Sorrell Sees ‘No Blue Sky’

Advertising revenue at Chrysalis Radio fell by 11.8% from September to December 2001, the group’s AGM was told this morning. “This in part reflected trading difficulties associated with the events of 11 September, but more importantly reflects the prevailing difficult economic conditions for the advertising market and the challenging comparables from the year before, when… Continue reading Chrysalis Radio Revenues Turn Positive

The very tough trading conditions in the US hi-tech advertising market continue, according to figures for United Business Media’s (UBM) CMP Media, released this morning. The group says that advertising page volumes at CMP declined by 38.3% in December 2001; in November volumes fell by 39.8%. This suggests that the decline is stabilising, but in… Continue reading US Hi-Tech Ad Market Remains Weak, According To CMP Figures

Publicis Groupe have announced the acquisition of Japanese marketing services agency Gravitas, to be immediately re-branded as Publicis Dialog and merged with Publicis Japan’s existing operations. Sloan Carr, CEO designate for Publicis Japan commented: “Joining the Publicis network is a great match for Gravitas for two reasons: complementary businesses and shared philosophies. Since our firm… Continue reading Publicis Makes It Big In Japan

Market information network Taylor Nelson Sofres (TNS) has acquired the custom research division of US-based Greenfield Online (GFOL), which will be integrated into TNS Intersearch. GFOL will now be dedicated to serving the online data collection needs of research companies, which in turn conduct web research for a range of blue chip clients. In the… Continue reading Taylor Nelson Sofres Acquires US Internet Research Group