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Aegis, parent of Carat, has this morning released full year results for 2001 which reveal a decline in pre-tax profits of 19% from £78.4 million in 2000 to £63.3 million in 2001. New business wins at Carat totalled $1.7 billion and revenues at Aegis Research grew by 21.4% reaching £185.1 million. Doug Flynn, chief executive… Continue reading Aegis Results Beat Market But Outlook Remains Flat

Johnston Press has this morning announced that it is buying Regional Independent Media, publisher of 53 regional newspapers, in a £560 million deal. The announcement ends over a year of uncertainty surrounding the future of RIM. Trinity Mirror, Guardian Media Group and US publisher Gannett have all been named as possible buyers at various times… Continue reading Johnston Press Acquires RIM Newspaper Business

A report in yesterday’s Sunday Business which suggested that SMG was soon to be broken up in order to satisfy creditors has been dismissed as ‘complete nonsense’ by SMG. The report claimed that SMG was in breach of the loan agreement made with its bankers and would soon be forced to ‘radically restructure’, separating its… Continue reading SMG Dismisses Break-Up Rumours

Zenith Media has calculated Europe’s top media owners for the first time in three years, reports the International Federation of the Periodical Press, FIPP. A number of merger deal have shifted the positions in the table, which now looks like this: Zenith’s Top 20 European Media Owners        Revenue in 2000 ($m)   … Continue reading Vivendi Universal Takes Top European Media Owner Spot

US online adspend dropped by 14.7% year on year in 2001, according to the latest figures from CMRi, the internet division of CMR. CMRi estimates that internet adspend for last year reached $2.5 billion in the US. The company is expecting to see an upward swing in Q3 2002, with the year ‘already showing some… Continue reading US Online Spend Drops 14.7% In 2001, Recovery Predicted By Q3 2002

According to the Q4 2001 Global Internet Trends report from Nielsen//NetRatings 498 million people worldwide now have internet access from home. 24 million people connected to the web at home during Q4 and the rate of growth of the global population during Q4 was almost double that of Q3 when 15 million people connected. “Internet… Continue reading Online Population Continues To Grow

Week on week analysis reveals that Emap was one of the strongest performers in last week’s media market. Shares in the company, which last Tuesday signed a deal to provide entertainment and music content to Hutchison 3G (see Emap Signs 3G Content Deal With Hutchison), rose 14.79% week on week to close at £7.84, an… Continue reading Sharewatch

BT Openworld is launching a multimillion pound integrated marketing campaign to drive broadband uptake in the UK.The three-month campaign is launching on the back of the BT Openworld’s new Plug & Go broadband product, which was unveiled last week and includes the company’s first ever consumer TV advert for broadband. From April a series of… Continue reading BT Openworld To Promote Broadband Uptake

SMG Dismisses Break-Up RumoursA report in yesterday’s Sunday Business which suggested that SMG was soon to be broken up in order to satisfy creditors has been dismissed as ‘complete nonsense’ by SMG.The report claimed that SMG was in breach of the loan agreement made with its bankers and would soon be forced to ‘radically restructure’,… Continue reading SMG Dismisses Break-Up Rumours

Cable company NTL has signed a multi-million pound contract with Samsung Electronics for the supply of digital cable set-top boxes. The deal may represent a threat to NTL’s other supplier, Pace Micro, which is already in financial trouble.Stephen Carter, managing director of NTL, said: “Having two suppliers rather than one is great for our business.”… Continue reading NTL Signs Set Top Box Deal With Samsung