Metro International has secured its biggest advertising campaign to date in the form of a wide-ranging pan-European deal with car manufacturer Mitsubishi valued at £2 million across seven different countries.The deal will see Metro International, which claims to be the world’s largest and fastest-growing international newspaper group, become Mitsubishi’s exclusive print advertising partner for the… Continue reading Metro Secures Biggest Ever Advertising Campaign
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Commercial broadcaster, ITV, has today announced that pre-tax profits have jumped up 59% to £132 million in the first half of this year, driven by an improvement in advertising revenue which grew by 4% for the group. Although significant improvements were seen across the board for ITV, the biggest achievement comes from its news division… Continue reading Improved Advertising Revenue Drives ITV Profits Up 59%
As the advertising upturn continues, Scottish Media Group (SMG), has seen a turnaround in its fortunes as pre-tax profits grew by 20% to £5.5 million during the first half of this year. The Glasgow-based group’s television division recorded the strongest performance of all sectors, for the period from January to June, as operating profits grew… Continue reading TV Boosts Fortunes At SMG
ITV suffered a minor dip in share price yesterday, losing 0.47% to close at 105p ahead of publication of the company’s first financial results since the merger of Carlton and Granada. The broadcaster has revealed impressive half year figures, notching up the largest revenue increase since the dotcom boom.The commercial television giant announced this morning… Continue reading Sharewatch: ITV Dips Ahead Of Impressive Results
French advertising group, Havas, has said its board of directors has given the green light to move forward with a bid to purchase US rivals, Grey Global Group. Havas’ bid, which will be joined by offers from UK advertising giants, WPP and private equity firm, Hellman & Friedman, will have to be submitted before today’s… Continue reading Havas Given Go-Ahead For Grey Global Bid
The long-awaited advertising recovery may have brought a feeling of optimism to the industry but it has yet to result in a significant increase in UK new business, according to figures from the AAR’s NewBizMoves database.The latest official data reveals little notable improvement in the advertising sector with a total of 198 creative account reviews… Continue reading New Business Activity Remains Subdued In First Half
Broadband internet has established itself as a firm favourite in the UK, as 41% of web surfers now opt for a high-speed connection when going online. According to new research from global market research group, NOP World, the growing popularity of the internet in the UK, which now reaches 58% of the population (26.8 million),… Continue reading UK Broadband Usage Doubles In Six Months
As the advertising upturn continues, Scottish Media Group (SMG), has seen a turnaround in its fortunes as pre-tax profits grew by 20% to £5.5 million during the first half of this year.The Glasgow-based group’s television division recorded the strongest performance of all sectors, for the period from January to June, as operating profits grew by… Continue reading Television Helps Boosts Fortunes At SMG
New research indicates that the massive interactive coverage afforded to this year’s Olympic Games by the BBC has paid off, as the Corporation celebrates record audiences and unprecedented usage of its services.The BBC’s figures show that nearly nine million digital satellite viewers pressed the red button on their remote controls, accessing the BBC’s interactive services… Continue reading Interactive Olympics Draws Millions To BBC
As time draws closer to the bidding deadline for US advertising firm, Grey Global Group, WPP are thought to be putting together an offer of cash and shares worth around $1.3 billion.According to a report in The Times, the bid from the advertising giant’s chief executive, Sir Martin Sorrell, will be joined by an offer… Continue reading WPP Prepares $1.3 Billion Offer For Grey
