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WPP Digital, the digital investment and operating arm of WPP, is establishing a global digital production arm to distribute work among the group’s digital agencies, with Neal Prescott joining as the new unit’s chief executive officer.Deliver is intended to leverage WPP’s existing production capabilities in Asia, Eastern Europe, Latin America and South Africa in a… Continue reading WPP Creates New Digital Production Unit

Havas reported a 3.6% year on year rise in revenue to €755 million (£607 million) in the first half of the year. The company said that the rise in revenue was due in large part to strong business growth in key markets reflecting new account wins and increased market share. Organic growth was up 6.4%… Continue reading Havas Sees Revenue Rise

As gadgets with digital audio capability proliferate, US podcast downloading continues to increase, according to the Pew Internet and American Life Project. Currently, 19% of all US internet users say they have downloaded a podcast so they could listen to it or view it later. This most recent percentage is up from 12% of US… Continue reading US Podcasting Downloads Continue To Increase

Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year. The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts. The group posted organic revenue growth… Continue reading Aegis Reports Increase In Profits For First Half Of 2008

Independent News & Media saw pre-tax profits at its UK division fall 26.9% for the first half of the year. Independent News & Media UK reported pre-tax profits of €4.7 million (£3.7 million) for the first six months of 2008, down from €7.3 million (£5.8 million) a year earlier. UK revenues totalled €115.6 million (£92.2… Continue reading Independent News & Media Sees Pre-tax Profits Fall

Analysts at American investment bank Goldman Sachs have given a boost to media company shares, saying that some stock sell-offs have been overdone. Goldman put BSkyB on its “conviction buy” list, saying that although the ad market is expected to deteriorate moving into 2009, the satellite broadcaster only has limited exposure to this with just… Continue reading Goldman Sachs Provides Boost To Media Companies

SMG has reported a pre-tax profit of £4.2 million for the first half of 2008, with revenue falling to £75.6 million, compared with £88.9 million in the first half of last year. Operating profit was down from £6.9 million to £5.4 million over the same period. The Scottish media company also reported 14% year on… Continue reading SMG Reports Pre-Tax Profit Of £4.2m

Adjustments to the UK regulatory framework are required given consumers’ rapid adoption of mobile broadband services, according to an Ofcom-commissioned report from Analysys Mason. The study, which forms part of Ofcom’s ‘Mobile Sector Assessment’ consultation, considers the recent dramatic increases in data service usage, which could accelerate over the next five years. Widespread access to… Continue reading Changes Required In Regulation Of UK Mobile Industry

Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year.The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts.The group posted organic revenue growth of 8.2%… Continue reading Aegis Reports Increase In Profits For First Half Of 2008

Xfm Scotland will be completely rebranded to become a part of Global Radio’s Galaxy network in the autumn, following Global’s £375 million takeover of GCap Media.The indie music station is expected to see a radical change of it’s music output as it joins the dance network, which currently has stations in Birmingham, Manchester, Yorkshire and… Continue reading Xfm Scotland Will Be Rebranded To Join Galaxy Network