Advertising agency Cordiant Communications has this morning turned in a strong set of financial results which show record net new business wins last year, worth £750 million. Cordiant’s results show that ad agencies are continuing to perform well whilst many media owners are suffering an ad revenue downturn.Pre-tax profits grew by 79.1% at constant rates… Continue reading Cordiant Turns In Record Figures
Media share performances on Budget Day (see Budget Line 2001 – The Chancellor’s Speech As It Unfolds) were as varied in terms of positives and negatives as the details spelled out by the Chancellor. The most positive performance in terms of percentage change was seen at Bright Station, which increased 1½p, or 5% to 31½p.… Continue reading Sharewatch
Capital Radio has this morning announced the sale of Bucks Broadcasting and Sun FM to Radio Investments. The disposal of the stations – Mix 96 and Sun FM – is part of Capital’s strategy to focus on large stations operating in major metropolitan areas. In a separate transaction, Capital Radio’s 30% shareholding in The Wolf… Continue reading Capital Radio Disposes Of Small Stations
Advertising agency Cordiant Communications has this morning turned in a strong set of financial results which show record net new business wins last year, worth £750 million. Cordiant’s results show that ad agencies are continuing to perform well whilst many media owners are suffering an ad revenue downturn. Pre-tax profits grew by 79.1% at constant… Continue reading Cordiant Turns In Record Figures
Publishing group Dow Jones has warned that its profits are likely to be far lower had been expected due falling ad revenues at its Wall Street Journal newspaper. Dow Jones is yet another company to feel the squeeze of contracted adspend, with the New York Times Co. making a similar statement earlier in the week… Continue reading Dow Jones Is Latest Publisher To Issue Profits Warning
Cable company NTL is looking forward to a strong, consolidatory year as its recent acquisition of rival group Cable & Wireless Communications (CWC) starts to bear fruit. The company believes it is on target to achieve its 2001 financial targets of £2.6 billion in revenues and £385 million of EBITDA. The group achieved record quarterly… Continue reading NTL Looks To Reap Benefits Of Investments
According to preliminary estimates from the Newspaper Association of America, newspaper advertising expenditures for 2000 totaled $48.7 billion, an increase of 5.1% over 1999 National advertising was up by 13.7%, to $7.7 billion for the year, retail advertising was up 2.4% to $21.4 billion and classified rose by 5.1% to $19.6 billion. “While some media… Continue reading US Newspaper Ad Spend Hit $48.7 Billion in 2000
According to recent US Census Bureau data, B2B e-commerce dominated commercial activity in the US in 1999. The “E-stats” report, published today, shows that while e-commerce accounted for a relatively small percent of total economic activity in key sectors of the US economy, e-commerce transactions between businesses (B2B commerce)accounted for a surprisingly large proportion of… Continue reading 1999 e-Commerce Report From US Census Bureau
The Guardian newspaper last week unveiled investment plans for its Saturday edition. Weekend magazine is to become a glossy with 60% more editorial pages and two of the newspaper’s weekday supplements – Space and The Editor – will be added to its current six sections. The move follows similar announcements from its broadsheet rivals, the… Continue reading Insight Analysis: National Newspapers Look To Boost Female Readership With New Saturday Offerings
Two thirds of the UK population have mobile phones, but many do not realise their potential uses beyond talking, according to research conducted for the BMRBi Access Omnibus Telephone Omnibus during February this year. The survey found that only 85% of those with mobile phones believe they have text messaging facilities and only 13% believe… Continue reading Two Thirds Of UK Have Mobiles, But Many Are Unaware Of Services Available
