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Reuters this morning posted underlying profits for the full year which are significantly ahead of market expectations. Group operating profit for 2003 came in at £126 million, up from a loss of £144 million in 2002.Pre-tax profits also showed a substantial turnaround, up from last year’s loss of £493 million to £49 million. Recurring revenue… Continue reading Reuters Results Beat Expectations As Profit Returns

Over the last few years, advertising during sporting events has become big business for brands. However, James Papworth, ad marketing manager at IPC Prospector, claims that paid-for magazines provide a valuable opportunity for marketers to target non-sports fans.Johnny Wilkinson may be bored with seeing his world cup winning drop goal (The Sun, 6th Feb) but… Continue reading NewsLine Column: Pushing Sport To The Sidelines

ABC Electronic has bolstered its senior management team with the appointment of Adam Read as head of new business with immediate effect.Read will be responsible for new business development, ensuring ABC Electronic responds to both existing clients and to other organisations in advancing independent standards for the measurement of electronic media.He joins the company with… Continue reading ABC Electronic Appoints Read As Head Of New Business

Emap Advertising has appointed Gary Hollins as people and culture director, in a move that highlights the importance of culture in the delivery of the company’s marketing strategy.The new board-level role has been created to ensure that issues regarding people and culture are represented at the most senior level. It is also intended to ensure… Continue reading Emap Advertising Appoints People And Culture Director

Granada Enterprises has confirmed that marketing and research director, Sue Read, is leaving the company following the creation of a single ITV earlier this month.It is understood that Andy Bagnall, director of knowledge management will absorb her research role and Justin Sampson will take assume responsibility for marketing, when he joins ITV later this year… Continue reading Granada Marketing And Research Head To Step Down

There will be more than 100 mergers and acquisitions in the European media sector this year, as the broader. The Insights report says that media deals will be valued at €20 billion (£13.5 billion) in Europe this year, as the number of transactions exceeds 100. PwC counts only those deals valued at €10 million or… Continue reading MediaTel Insight: European Media Set For Merger Activity

MSN is to become the first major online media owner to react to consumer demands by bringing an end to selling pop-up advertising on its network of websites.The company has announced plans to phase out the sale of pop-ups and pop-unders over the next few months after customer research discovered they are a cause of… Continue reading MSN Bans Pop-Up Advertising Across Entire Network

BSkyB was seen in focus last week with shares dipping 2.58% to close at 745p. However, investors welcomed a significant rise in interim net profits and plans to resume dividend payments for the first time in five years (see BSkyB’s Good Run Continues With First Half Results).ITV was also in the spotlight with shares climbing… Continue reading Sharewatch: BSkyB In Focus As Interim Net Profits Rise

i-level, the independently-owned digital marketing agency, has expanded its senior management team with the appointment of Alex Marks as its first ever marketing director and Martin Shaw as buying director.Marks joins from Opus, the sales and marketing operation for GWR, where he was head of trade marketing for a portfolio of commercial radio stations including… Continue reading i-level Appoints Marks As First Ever Marketing Director