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Emap has revealed a 5% rise in pre-tax profit to £205 million, boosted by a strong performance in its consumer magazine division, with new magazine Grazia achieving its targets in terms of both sales and audience profile.Turnover for the group was up by 2% to £1,068 million, Emap reported, while total group operating profit enjoyed… Continue reading Emap Sees Strong Performance In Magazine Division

Outdoor advertising specialist, Maiden Group, has shown an overall increase of 4% in revenues in April and a 5% rise for the first four months compared to last year, despite challenging market conditions in the second quarter.A statement given by the group’s chairman, Martin Boase, at the annual general meeting, revealed uneven growth across Maiden’s… Continue reading Maiden Enjoys 4% Rise In Revenues During April

Ofcom has today published its new Broadcasting Code for television and radio, covering standards in programmes, sponsorship, fairness and privacy.The single, simplified, code will come into effect on 25 July, unifying the six codes which the regulator inherited from its six predecessors and is required of Ofcom by the 2003 Communications Act.Amongst the key points… Continue reading Ofcom Unveils New Broadcasting Code To Protect Minors

Starcom has beaten heavy competition to scoop the COI radio buying account from incumbent OMD, bringing an end to an intensive five-way tussle for the account, worth an annual £20 million.The win will dash the hopes of Carat, Mindshare and ZenithOptimedia, who also pitched for the business, following an unnerving delay by the COI in… Continue reading Starcom Scoops COI Radio Account As TV Boss Swaps Sides

Media and communications group, Aegis, has revealed in its annual general meeting, that trading for the year to date is in line with expectations, with revenues for the first quarter up 12.5% year on year and organic revenue growth up 5.8% compared with 4.8% in 2004. Aegis Media has seen continued growth in client spending,… Continue reading Aegis Trading In Line With Expectations

The US online economy continues to perform well, with retail e-commerce sales for the first quarter of 2005 totalling $19.8 billion, up from $15.49 billion in quarter one 2004, according to new figures from the US Department of Commerce. This strong growth is attributed by analyst eMarketer to an increasing trend for consumers to shift… Continue reading US Online Shopping To Reach $84.5 Billion In 2005

Demand for Personal Video Recorder (PVR) products increased hugely in 2004, with unit shipments rising to over 11.4 million in 2004, up from 4.6 million in 2003, signalling an increase in consumer awareness of the concept of time-shifting television programming. According to research firm, In-Stat’s new report, TV Time-Shifting on the Rise: Worldwide PVR Unit… Continue reading Consumers Demand For PVRs More Than Doubles In A Year

China’s wireless penetration rate is predicted to increase over the next four years, rising from the current rate of 25% to over 40% by 2009, according to eMarketer’s new China Wireless report. In a relatively short time, China has become a leading wireless market, with significant opportunities for further growth. However, with considerable cultural, administrative… Continue reading Strong Wireless Penetration Predicted For China

US broadband penetration rate is no longer in the top ten, despite having the greatest number of broadband households globally, with 34.3 million at the end of 2004, according to eMarketer’s new country by country estimates. The analysts predict China to take overtake the US in terms of total broadband households, even though its current… Continue reading US Broadband Penetration Drops Out Of Top Ten

Channel 4 needs to position itself as an ‘entertainment brand’ rather than simply a television broadcaster, according to its chairman, Luke Johnson, who claims the company needs to expand its horizons in order to survive the multi-channel age.Speaking at the University of Oxford’s media summit, Johnson explained that Channel 4 should be active in all… Continue reading Johnson Pledges Further Brand Extensions For Channel 4