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Global advertising and communications group Omnicom has posted strong financial results, with a particularly good first quarter coming from the US. Across Europe the performance was more mixed. In Europe overall organic growth was 12.6%, with the lowest regional growth coming from the UK at 5%. Germany saw 10%, France 10% and the Netherlands 15%.… Continue reading Omnicom Shows Strong US Growth In Q1 Results

Press reports claim that Vivendi Universal has agreed to merge its loss-making Italian pay-television division, Telepiù, with Stream – a rival broadcaster owned by News Corporation and Telecom Italia. The Financial Times reports that the merged business will retain the Telepiù name and will be owned two thirds by Vivendi’s Canal Plus one third by… Continue reading Italy’s Telepi

A number of recent press reports suggest that the deadline for bids on the troubled EMAP USA business may be this week. So far, Hachette Filipacchi, Primedia and American Media have all been put in the frame as potential suitors of the business. EMAP confirmed that it has received a number of approaches for the… Continue reading EMAP USA Bids Expected Soon

News and information group Reuters has this morning posted a strong set of financial results that show first quarter revenues rising 17% to £970 million. However, chief executive Peter Job warned that growth in the second quarter would be at a “slightly lower rate”. The group says that good performances at its Reuters Financial and… Continue reading Reuters Stock Falls On Slower Q2 Warning

Media group Vivendi Universal yesterday issued first quarter operating results in line with market expectations, which show that the group is ahead of schedule to meet cost savings of €200 million by the year end. Revenues grew by 10% to €5.9 million and EBITDA more than doubled to €900 million, pushed by a €293 million… Continue reading Vivendi ‘Defensive’ Against Ad Slowdown

Channel 5 has set out its intentions for the year in its statement to the ITC, aiming to be “desirably different” in the face of a budget which is, by its own admission, one third of the size of Channel 4 and BBC2, even with the recent boost from its owners (see Channel 5 To… Continue reading Channel 5 Aims For ‘Desirably Different’ In Statement Of Intent

Natmags has announced the launch of its new teen title CosmoGirl!. Billed as Cosmopolitan‘s “fun, fearless little sister”, the title is to go on sale from 20 September.The editorial team will be headed up by Celia Duncan and will include Catherine Duffy as art director and Miranda Eason as features editor. James Williams joins the… Continue reading Natmags Unveils Launch Date For CosmoGirl!

The Advertising Standards Authority (ASA) has published its annual report for 2000, which shows a 4% increase in complaints about advertising, although the total number of ads which caused complaints fell. Just 10 ads out of the total 9,134 ads considered last year attracted almost 18% of all complaints.The Authority resolved also more complaints about… Continue reading ASA Annual Report Sees Rise In Complaints During 2000

ITV has published its first statement of programming policy in which it promises to invest £750m on programming during 2001, excluding regional services. The network’s commitment is part of a new initiative by the ITC in which broadcasters are obliged to produce annual public service targets in preparation for the adoption of self-regulatory measures proposed… Continue reading ITV Publishes First Statement Of Programme Policy

News and information group Reuters has this morning posted a strong set of financial results that show first quarter revenues rising 17% to £970 million. However, chief executive Peter Job warned that growth in the second quarter would be at a “slightly lower rate”.The group says that good performances at its Reuters Financial and Instinet… Continue reading Reuters Stock Falls On Slower Q2 Warning