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Google’s net profits for the first quarter of 2007 were $1 billion (£500 million), a 69% increase on the same period last year. Its revenue was up 63% to $3.6 billion (£1.8 billion) for Q1, including traffic acquisition costs of $1.1 billion, or 31% of advertising revenues. Revenues from the UK totaled $578 million, representing… Continue reading Google Records Strong Profits Increase

WPP reported a 0.7% decline in revenues to £1.3 billion in the first quarter of the year, with the UK the group’s slowest growing region. However, UK revenues were up by over 2%, which WPP said reflected the significance of market research revenues. Much of the blame for the decline in WPP’s revenues rests with… Continue reading Revenues Decline For WPP

European sales of HDTV and video devices will grow by 158% this year, reaching 28.1 million units, according to new research from the Strategy Analytics Connected Home Devices service. The report, Europe’s High Definition Homes, says that by 2012, 70% of European homes will own at least one HD-capable TV, up from 8% in 2006.… Continue reading European Sales Of HDTV Devices To Reach 28.1 Million Units

Alex Zane is set to replace Lauren Laverne as Xfm London’s breakfast show host, in a series of moves at the GCap station.The Popworld presenter, who has been at Xfm on and off since 2003, started presenting Xfm London’s Friday breakfast show at the beginning of January ((see Alex Zane To Present XFM Friday Breakfast… Continue reading Alex Zane New Xfm London Breakfast DJ

The second part in the new series of BBC One’s Sea Of Souls provide more alluring for viewers than finding out who’s up and down in Britain’s Rich List.The concluding part of the ghostly drama series, starring Bill Patterson, attracted an adult audience of 3.9 million between 9pm and 10pm, with peak of 4.2 million… Continue reading BBC One’s Ghosts More Rewarding Than ITV1’s Rich List

IPC Southbank has appointed Isobel McKenzie-Price as editorial director of Ideal Home and the division’s online homes portal launch.McKenzie-Price is currently editor of Time Inc’s All You in the US and this appointment heralds her return to these shores and to IPC Media, where she spent several years in senior editorial roles.Jackie Newcombe, managing director… Continue reading IPC Southbank Appoints Ideal Home Editorial Director

We all know that Sir Richard Branson is no stranger to taking on challenges, but this time he could have flung one rock too many at Goliath’s head.Last week, it finally happened. Virgin Media fulfilled its promise to file legal proceedings against Sky over the channel carriage dispute (see Virgin Media Files Legal Proceedings Against… Continue reading Virgin Media And Sky: The Story So Far

Following on from comments made yesterday by Michael Grade that the government should ensure that HD signals are available through Freeview boxes, Ofcom has said that it will conduct more research into the popularity of HD channels on the platform.Ed Richards, the Ofcom chief executive, said that the regulator is to look at the public… Continue reading Ofcom To Look Again At HD On Freeview

Haymarket Media Group is to invest a further £1.3 million in its digital offerings over the next year, following the £7 million it has already invested so far this year.The money will be spent on recruiting and hiring online project managers, designers, web editors and developers, as well as expanding its online portfolio.Eric Verdon-Roe, Haymarket… Continue reading Haymarket To Make Further Digital Investment

Channel 4’s homes and lifestyle double bill of Property Ladder and Grand Designs Revisited proved popular for the broadcaster last night, putting up a good fight against The Bill and The Apprentice.Straight-talking Sarah Beeny and her forays into the property development profession in the new series of Property Ladder drew an average adult audience of… Continue reading Property Programmes Pull In Viewers For C4