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Omnicom has announced that its net income for the third quarter of 2006 increased 9.5% to $177.1 million from $161.7 million in the third quarter of 2005. Worldwide revenue increased 10.0% to $2,774.3 million from $2,522.9 million in the third quarter of 2005. Domestic revenue for the third quarter of 2006 increased 7.8% to $1,540.5… Continue reading Omnicom Releases Third Quarter Financial Results

ITV are supposedly lining up a ‘dream team’ of Stephen Carter, former head of Ofcom, as chief executive, and Channel 4’s Kevin Lygo as director of programmes. According to reports in the trade press, the duo are the frontrunners to take over the posts, with shareholders wanting to bring in a new programming chief at… Continue reading ITV Could Get Carter

Although multimedia messaging is gaining in popularity, short text messaging continues to be the most profitable part of the mobile data universe, according to a new report from eMarketer. The report says that this year, revenues for short messaging service (SMS) will hit $20 billion in Western Europe, $9 billion in the Asia-Pacific region and… Continue reading SMS Continues To Be Profitable

China’s online display advertising activity reached a peak in September of this year, according to new research from Nielsen//NetRatings. NetRatings recently launched its online advertising measurement service AdRelevance in Japan, which allows the Chinese market to be compared with the current top three global ad spending markets, the US, Japan and the UK, as well… Continue reading China’s Online Ad Activity Reaches September Peak

The proportion of households without internet access which think it is not important to have home access to the internet has increased steeply between mid-2005 and early 2006, from 51.7% to 74.6%, according to new research from Point Topic. Point Topic’s Broadband Consumer Survey 2 says that by early 2006, an estimated 11.2 million households… Continue reading Offline Households Show Little Interest In Going Online

ITV shareholders are urging the company to appoint a new chief executive by Christmas, according to a report in the Guardian. The shareholders are apparently unhappy at the slow progress of the search for a replacement for Charles Allen. The report says that headhunters Zygos have widened their search for a new CEO to include… Continue reading ITV Shareholders Want New CEO By Christmas

Yahoo! is coming under increasing pressure to invest in more social networking as internet users move to sites such as MySpace and YouTube, according to analysts. Yahoo! could potentially be interested in bidding for Facebook, a smaller rival to MySpace. The pressure on Yahoo! follows the acquisition by Google of YouTube, the video sharing website,… Continue reading Yahoo! Under Pressure To Invest In Social Networking

As of 2006, 63% of the US population aged 3 and over uses the internet at least once a month, according to new research from eMarketer. US internet users aged 50 and over total 46.8 million, or 26% of the total US internet user population. Adults aged 50 and older make up an estimated 29.4%… Continue reading US Internet Users Over 50 Reach 46.8 Million

Internet users from France, Germany, Italy, Spain and the UK are more likely to use their mobile phones to go online than internet users in the US, according to the inaugural findings from comScore Networks’ Mobile Tracking Study. The study, which is designed to analyse how consumers across six countries go online on their mobile… Continue reading Europeans More Likely Than Americans To Go Online Via Mobiles

Non-voice services will account, on average, for 13.3% of total service revenues for US mobile operators in 2006 and this is set to grow to 24.5% by 2011, according to a new report from Analysys. The US Mobile Market: Trends and Forecasts 2006-11 report says that the biggest driver of this growth is entertainment services,… Continue reading Entertainment To Drive US Mobile Data Revenues