WPP has extended the deadline for its takeover offer of TNS by two weeks to 3pm on September 12.The move comes after just 8.6% of TNS shareholders decided to accept the group’s £1.1 billion offer before last Friday’s deadline.TNS has put out a statement today noting the “low level” of acceptances of the WPP offer,… Continue reading WPP Extends TNS Offer Deadline
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Presenters JK and Joel are leaving Virgin Radio after less than a year at the station, to be replaced by Trent FM’s Jo Russell.JK and Joel were hired by Virgin’s former programme chief David Lloyd. They have previously presented the Sunday afternoon chart show and early breakfast slots on Radio 1.Russell, one half of the… Continue reading JK And Joel To Leave Virgin Radio
YouTube is set to feature a banner ad across its homepage for the first time, designed to accomodate high-definition videos.The Google-owned website currently has minimal advertising on its homepage, but if the plans for the new banner ad go ahead YouTube could charge up to $200,000 (£109,000) a day for the spot, according to reports.Directors… Continue reading YouTube Set To Feature Homepage Ads
Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year.The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts.The group posted organic revenue growth of 8.2%… Continue reading Aegis Reports Increase In Profits For First Half Of 2008
Trinny and Susannah failed to pull in viewers to their last Undress the Nation show last night, which has seen poor ratings throughout the series.The stylish pair only managed to gain a 11% audience share, with just over 2.3 million viewers tuning in to ITV1 between 9pm and 10pm.However, BBC had a good night, attracting… Continue reading Trinny And Susannah Go Out Without A Bang
WPP Digital, the digital investment and operating arm of WPP, is establishing a global digital production arm to distribute work among the group’s digital agencies, with Neal Prescott joining as the new unit’s chief executive officer.Deliver is intended to leverage WPP’s existing production capabilities in Asia, Eastern Europe, Latin America and South Africa in a… Continue reading WPP Creates New Digital Production Unit
Havas reported a 3.6% year on year rise in revenue to €755 million (£607 million) in the first half of the year. The company said that the rise in revenue was due in large part to strong business growth in key markets reflecting new account wins and increased market share. Organic growth was up 6.4%… Continue reading Havas Sees Revenue Rise
As gadgets with digital audio capability proliferate, US podcast downloading continues to increase, according to the Pew Internet and American Life Project. Currently, 19% of all US internet users say they have downloaded a podcast so they could listen to it or view it later. This most recent percentage is up from 12% of US… Continue reading US Podcasting Downloads Continue To Increase
Aegis has reported an increase in underlying pre-tax profit of 15.4% to £56.2 million in the first half of the year. The UK media buying group reported a 13.7% increase in revenue on the same period last year to £607.6 million on a constant currency basis, beating analyst forecasts. The group posted organic revenue growth… Continue reading Aegis Reports Increase In Profits For First Half Of 2008
Independent News & Media saw pre-tax profits at its UK division fall 26.9% for the first half of the year. Independent News & Media UK reported pre-tax profits of €4.7 million (£3.7 million) for the first six months of 2008, down from €7.3 million (£5.8 million) a year earlier. UK revenues totalled €115.6 million (£92.2… Continue reading Independent News & Media Sees Pre-tax Profits Fall
