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United Business Media has released interim results for the six months ending June 30, with PR Newswire operating profits up by 14.7%. CMP Information’s first half revenues grew by 6.6% on an underlying basis, reflecting strong performances by the business’s events and its key print titles. However underlying profit in the half fell 8.3%, primarily… Continue reading United Business Media Releases First Half Results

Virgin Media is to launch a new online sports portal next week, allowing visitors a chance to watch highlights from all Barclays Premier League, Coca-Cola Championship, League 1 and League 2 matches for free.The clips will be available on-demand for one week after transmission, with the site available to everyone with access to the internet,… Continue reading Virgin Launches Online Sports Portal

Havas, the sixth-largest global advertising and communications group, has announced organic revenue growth of 4.4% for the first half of the year, with revenue of €729 million. The group also recorded organic growth of 5.4% in the second quarter, after a rise of 3.2% in the first quarter. Net new business for the first half… Continue reading First Half Revenue Increase For Havas

Virgin Mobile is to dump its mobile TV service because of poor customer take-up.BT, Virgin’s partner on the mobile broadcast project, is disbanding its BT Movio business and has cancelled its contract with GCap Media, the company which owned the service spectrum.According to a report on MediaGuardian.co.uk, the service is likely to be switched off… Continue reading Virgin Mobile To Drop TV Service

Setanta is to launch a sports news channel on Virgin Media, replacing Sky Sports News which the cable operator lost when it became embroiled in a dispute with Sky over the carriage of its basic channels.Virgin Media lost the Sky channels in March (see Sky Anytime? Not For Virgin Media Cable Homes), with the dispute… Continue reading Setanta To Launch Sports News Channel

Reed Elsevier has released its first half 2007 financial results, reporting unchanged revenues at £2,235 million, up 1% to €3,308 million. Its online information and digital services now account for 45% of the group’s revenues, having recorded 12% growth. It also announced definitive sale agreements for entire Harcourt Education division for total proceeds of $4.95… Continue reading Reed Elsevier Reports Unchanged Revenues

GCap Media’s total revenues for June were up 6% year on year, ahead of the company’s expectations, and were up 2% year on year for the three months to 30 June, according to its first Interim Management Statement.The company said it has seen an encouraging trend in radio advertising revenue since its preliminary statements in… Continue reading GCap Media Revenues ‘Ahead Of Expectations’

BT has published its first quarter results, showing that its revenue was up 3% to £5 million. Revenue from the group’s traditional businesses was maintained year on year. Major corporate (UK and international) revenue showed growth of 5%. BT Global Services revenue grew by 5% to £2.2 million for the first quarter. New wave revenue… Continue reading BT Reports Revenue Increase

A new report from Nielsen//NetRatings reveals where Britons are spending the most time whilst surfing the web and using internet-related applications.According to the Nielsen//NetRatings study, the 30.6 million Britons active online in June 2007 spent a total of 31.8 billion minutes surfing the web and using internet-related applications – an average of 17 hours 21… Continue reading New Research Reveals What Britons Do Online

Publicis Groupe has reported an organic growth rate of 0.2% for the second quarter of 2007 and said that the full year figure is likely to be worse than originally forecast. Growth for the first half of the year was 1.6%, whilst revenue for the period rose by 6% to €2.2 billion. Maurice Lévy, chairman… Continue reading Publicis Groupe Reports Low Organic Growth