German market research group GfK has announced that it is no longer pursuing a possible offer for TNS. According to a report in the Financial Times, GfK’s discussions with Apax, the private equity group it hoped would jointly bid for TNS, collapsed over price. The announcement comes after Sir Martin Sorrell’s WPP made a £1.08… Continue reading GfK No Longer Pursuing Offer For TNS
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Johnston Press has reported a year on year fall of 9.5% in advertising revenues for the first half of 2008. The regional newspaper group’s total revenue was down 6.3% to £293.1 million for the six months to the end of June, while operating profit fell 15.6% to £81.6 million. Pre-tax profit was down 18.1% to… Continue reading Johnston Press Reports Fall In Ad Revenues
A high percentage of mobile phone users in the UK, US and India say they are receiving advertising messages through their mobile phones, according to the latest Mobile Advertising Report (MAR) from GfK. The research shows that 85% of mobile users in India, 51% in the UK, and 37% in the US said they receive… Continue reading High Percentage Of Mobile Users Receiving Advertising Messages
Mobile web usage is not only gaining traction in the United States but soon will surpass the UK, according to new data released by Bango. According to Bango data, the top five countries accessing the mobile web via Bango in July 2008 were the UK at 19.35%, the US at 18.88%, India at 10.82%, South… Continue reading US Mobile Web Usage To Overtake UK
Carat has issued revised forecasts for global advertising expenditure in 2008 and 2009. The worldwide prediction for 2008 has been revised downwards by just over a percentage point from 6.0% to 4.9%. 2009 is also very slightly reduced, from 4.9% growth to 4.8%. Year on Year % Growth At Current Prices 2007a 2008e 2009e… Continue reading Carat Revises Down Global Ad Forecast
RTL Group, owner of Five and The X Factor producer Fremantle, has reported a 2.5% drop in operating profits for the first half of the year. The pan-European producer and broadcaster reported a 2.5% year-on-year drop in earnings before interest, tax and amortisation, to €502 million (£398 million). Revenue for the six months to the… Continue reading RTL Reports Fall In Operating Profits
UTV, owner of the ITV Northern Ireland franchise, reported a year on year rise in pre-tax profit of 12%, to £10.4 million in the first half of 2008. The Belfast-based group also reported a revenue rise of 8% in the first half of 2008, with a 4% decline in TV ad income offset by solid… Continue reading UTV Sees Rise In Pre-Tax Profits
Despite the popularity of the 2008 Beijing Olympics in the US, this did not quite translate to huge amounts of video advertising, according to new figures from eMarketer. Based on video stream figures released by NBC, eMarketer estimates video ad spending on the NBCOlympics.com site will reach $5.75 million. That sum represents only 1.1% of… Continue reading New Figures Look At Olympic Online Video Adspend In The US
New figures from the Office of National Statistics show that 16.46 million UK households currently have internet access, representing 65% of households and an increase of 1.23 million households since 2007. Of all UK households, 56% have broadband internet access, an increase from 51% in 2007, while of the UK households with internet access, 86%… Continue reading 16.5m UK Households Have Internet Access
The IPA has launched an online sustainability portal to provide agencies with information on improving their green credentials.The portal has been created following an IPA survey sent to member agencies that revealed that over 90% of respondents would welcome help from the IPA in providing education around environmental issues.The guide aims to inform agency decision… Continue reading IPA Launches Green Information Portal
