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US-based advertising network, Omnicom, yesterday delivered a comfortable set of financial results despite the broader economic and advertising difficulties that are affecting many of its peers. Organic growth at the group rose by 12% and net new billings topped $1 billion. New account wins during the year included Goodyear, Aventis and Dell and, totalling $1.05… Continue reading Omnicom Growth Driven By Strong Business Wins

It’s been a rough old year so far for ITV. Not only is UK television bearing the brunt of the advertising revenue downturn anyway, but ITV is also losing audiences to pay-TV channels, struggling to compete with BSkyB in the digital world and just last week its chief players – Carlton and Granada – were… Continue reading Insight Analysis: Rough Ride Continues For ITV

Confidence in ITV companies took a knock yesterday after the Sunday Times published a leaked letter to the Prime Minister warning of the consequences of the relaxation of media ownership laws (see Granada Warns Of ITV Disaster). Zenith Media also predicted that ITV’s ad revenue would be the lowest in its 50 year history (see… Continue reading Sharewatch

Datamonitor’s 2001 interactive consumer survey, IMPACT 2001 reveals that many people have taken to online shopping despite initial fears that the relative newness of the concept or lack of knowledge of the internet would put people off shopping online. The European ecommerce market is now said to be worth an estimated $16.4 billion, generated by… Continue reading Datamonitor Consumer Spending Survey Reveals Good News For eCommerce

Hachette-Emap magazines is to launch Elle Girl in direct competition with Natmag’s Cosmo Girl. Natmags confirmed a launch date for its teen girl title of 20 September earlier this year and it now seems its Emap rival will appear on the newsstands during the same month.Both titles are spin-offs of established young women’s brands with… Continue reading Elle Girl Launch Date Announced

According to IDC, worldwide internet services spending will more than triple from almost $22 billion in 2000 to close to $69 billion in 2005. “As a result of the dot-com bubble burst, there’s been much speculation that the opportunity for Internet services firms has evaporated. In fact, we believe while the opportunity is different, it… Continue reading IDC Forecasts Bright Outlook For Internet Services Market

Although small businesses are spending less on technology in 2001 than they did in 2000 this is not necessarily a cause for concern, according to IDC’s Small Business Technology Outlook report. The technology market researchers say that although the number of PCs being sold is declining (see Forecasts), so companies’ needs for other technology services… Continue reading IDC Forecasts Mixed Outlook For Small Business IT Spending

Week on week comparison revealed a loss of 10.69% for United Business Media. The company, which announced on Friday that profits in its US based high-tech magazine division, CMP, would fall below expectations (see Profits Warning at United Business Media), saw shares fall 73˝p to finish at £6.14. The loss resulted from a slowdown in… Continue reading Sharewatch

Today’s trading statement from global advertising and communications group, WPP, has indicated a slowing of organic growth from within the company, according to analysts at ABN Amro. The broker points to a fall from 6% revenue growth in the first quarter, to ‘almost 4%’ for the first five months of this year. This indicates a… Continue reading Underlying Growth Slows At WPP