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Revenues at global advertising network, Publicis, jumped by 20.2% during the course of 2002, putting the group on course to hit its earnings targets for 2003. The figures, announced late yesterday, show revenues rising from €2.4 billion in 2001 to €2.9 billion in 2002. This rise was largely a result of the incorporation of the… Continue reading Publicis Revenues Jump 20% In 2002, Buoyed By Bcom3

Pacific Century Cyberworks, the Hong Kong-based company that had been linked with a move for Cable & Wireless, has pulled out of a bid for the troubled UK telecoms group. It was earlier reported that PCCW had tabled a £2.4 billion offer (see C&W Subject Of Takeover Speculation) but it has now ruled itself out… Continue reading PCCW Abandons Bid For C&W

Telewest Communications could be ready to merge with its cable rival NTL at the start of 2004, according to managing director Charles Burdick. In an interview with the Wall Street Journal, Burdick said that Telewest would complete financial restructuring in the second quarter and was on target to break even by the end of the… Continue reading UK Cable Operators Could Merge Next Year

Cable & Wireless was seen in focus after Hong-Kong based telecoms group, Pacific Century Cyberworks halted its attempted takeover of the group (see Cable & Wireless Subject Of Takeover Speculation), as many analysts had predicted. The stock was seen down 0.77%.Elsewhere, Scottish Media Group was in focus on reports that the chief executive of the… Continue reading Sharewatch: C&W Declines As Takeover Abandoned

RevenuesThe ongoing advertising downturn continued to take its toll on ITV1 during 2002, with revenue falling by 0.8% year on year. The heavy losses experienced during 2001 continued well into 2002. However, increased bookings for the World Cup boosted revenue from May onwards, with June seeing an 11.3% year on year increase. The year ended… Continue reading Annual TV Market Round-Up 2002

Telewest Communications could be ready to merge with its cable rival NTL at the start of 2004, according to managing director Charles Burdick.In an interview with the Wall Street Journal, Burdick said that Telewest would complete financial restructuring in the second quarter and was on target to break even by the end of the year.“Our… Continue reading UK Cable Operators Could Merge Next Year

Last week’s research from the London Business School caused a bit of a stir by claiming that viewers rarely watch adverts during commercial breaks. However, Kate Sergeant, consultant at Media Audits argues that as a platform for challenging the measurement systems that form the basis for buying and selling TV advertising, the research rather misses… Continue reading NewsLine Column: Storm In A Peoplemeter

The BBC’s long awaited new digital channel for young adults, BBC3, was watched by an average of 154,000 viewers on its launch night.The digital audience peaked at 270,000 at 9pm on Sunday, as viewers tuned in to see Steve Coogan’s Paul And Pauline Calf’s Cheese And Ham Sandwich comedy show. However, just 19,000 viewers tuned… Continue reading BBC3 Launch Attracts An Average Audience Of 154,000

Media companies are failing to exploit the potential of the internet to the extent that less than 30% of revenue options are being tapped. That is according to a gathering of top online executives that took place in Zurich recently.Twenty representatives from some of Europe’s prominent web publications met last month at the IP Masters,… Continue reading Industry Chiefs Highlight Shortcomings Of Online Publishing

X-Ray, the alternative music magazine launched by Capital Radio and Swinstead Publishing, is to increase its frequency later this month, in a move that could step up the pressure on rival music titles.The non-genre specific title launched as a quarterly newsstand magazine last October in an attempt to reflect the music tastes of Capital’s alternative… Continue reading X-Ray Moves On Rivals With New Monthly Frequency