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Global media and market research network, Aegis Group, this morning reported a strong performance at its media buying agency, Carat, which managed to build market share and report some positive organic growth, despite the prolonged depression in advertising conditions. The group says that there have been some signs of an advertising recovery in the US,… Continue reading Aegis Sees No Improvement In Europe, Results In Line

AOL Time Warner, the world’s largest media company, has substantially reduced its full-year forecasts for the America Online (AOL) internet service provider division, citing the continued softness in business’ advertising revenues as the main cause. AOL’s full-year revenues are now expected to be $1.7 billion, down from the previous forecast of $1.8 billion to $2.2… Continue reading AOL Time Warner Pulls Back Forecasts Due To Poor Online Ad Revenues

Scottish media company, SMG, intends to sell its newspaper and magazine publishing business in order to reduce debt and to concentrate on its core operations of television and radio. By divesting of the publishing interests, SMG hopes to be able to benefit more readily from the changes in media ownership legislation that the new Communications… Continue reading SMG To Sell Publishing And Online Business

Pre-tax profits at SMG, the Glasgow-based media company, dropped by 42.5% to £11.5 million in H1, whilst earnings fell by 9.0% to £31.3 million, the group announced this morning. The figures, which exclude online activities and goodwill amortisation, are in line with the company’s expectations and ahead of predictions by analysts at ABN Amro. SMG… Continue reading SMG Profits Hit By ITV Ad Decline

Pan-European broadcaster, RTL Group, has said that it is not interested in acquiring the 35% stake in the UK’s Channel 5 currently owned by United Business Media (UBM), nor does it wish to buy either of the ITV companies. The group’s position was made clear by chief executive Didier Bellens at a conference call, as… Continue reading RTL Not After ITV Or Remaining C5 Stake

Global market research firm, Taylor Nelson Sofres (TNS), has posted a strong set of first half financial results, with pre-tax profits rising by 10.9% to £19.0 million year on year. Chief executive, Mike Kirkham, said that market conditions have been more difficult than had been expected. Nevertheless, TNS’ business performed ‘resiliently’ in the six months… Continue reading Taylor Nelson Sofres Shows Good H1 Figures, Despite Difficult Markets

Week on week analysis of the media sector reflects a turbulent week for heavy-weight stocks, hit by profit taking on Wall Street in anticipation of investors increasingly bearish outlook as the anniversary of September 11th approaches.High-profile decliners include Capital Radio, which has suffered over the past week on rumours breakfast show DJ, Chris Tarrant, will… Continue reading Sharewatch

The number of UK households using broadband internet connections is lower than in any other country in Europe, according to the latest research from Nielsen//NetRatings.The figures released today show that just 9% of UK households have a high-speed internet connection, compared to 39% in Germany, 33% in Sweden and 17% in France, where the overall… Continue reading UK Lags Behind Europe In Broadband Up-Take

Smirnoff is making its first move into programme sponsorship and is teaming up with the Channel 4 show Faking It.The new series begins in September and ten new episodes will follow, running through to early December. Commenting on the deal, Dan Johns, communications planning director of the Smirnoff account at Carat, said: “Both Faking It… Continue reading Channel 4 Fakes It With Smirnoff Sponsorship

Global market research firm, Taylor Nelson Sofres (TNS), has posted a strong set of first half financial results, with pre-tax profits rising by 10.9% to £19.0 million year on year.Chief executive, Mike Kirkham, said that market conditions have been more difficult than had been expected. Nevertheless, TNS’ business performed ‘resiliently’ in the six months to… Continue reading Taylor Nelson Sofres Shows Good H1 Figures, Despite Difficult Markets