Posts by mwright

Times Newspapers (TNL) has posted a £1.7m operating profit for the year ending 30 June 2014, its first profitable year since 2001

In an RNS today ITE Group plc today announced that its wholly owned Turkish subsidiary, EUF, has signed a binding agreement to acquire 100% of the shareholding of TFF including Eurasia Rail exhibition

Operating profit margins declined by nearly a sixth in 2013 to just 11.9 per cent, the lowest level since 2004. The absolute level of profits also declined by 10 per cent in real terms year on year, with the top 40 making £68 million of operating profit compared to £73m last time round

Group M, the worldwide media buying arm of the market services company WPP, has forecast that the total UK ad market will hit £15.7bn in 2015. Within this online spend is forecast to grow 12.7% year-on-year to break the £8bn mark, making the UK the first in which more than £1 in every £2 of ad spend will go on digital media

TE has reported revenues of £175m (2013: £192m), and record headline profits before tax of £60m (2013: £59m) for the 2014 financial year

While true that print in general is in decline, faster in some segments than others (with some showing resilience and even growth) and faster in some markets than others, print alone cannot be held as the yardstick for magazine media’s health anymore

Breaking up Google is not the answer. Instead, she should come up with something that sensibly prepares for the future of search

The Daily Mail and Mail on Sunday reported a 5% decline in total revenue to £536m. Print advertising revenues fell 5% while circulation revenues dropped 4%

The NEC Group, put up for sale by Birmingham City Council (BCC), could be slipping behind schedule for announcing a new owner, with fears that the deal is taking longer to complete than anticipated

Niche publishing company Rapid News Communications Group has concluded its purchase of plastics industry exhibition, Interplas, from Reed Exhibitions, for an undisclosed amount

N200 announced that they had been acquired by Global Experience Specialists (GES), a global event marketing company with a long history of connecting people through live events

The Sun newspaper has doubled its number of digital subscribers to 225,000, but failed to offset a decline in its overall paid readership, in a test case of whether tabloid newspapers can successfully charge for online content.

Nov 19 (Reuters) – Japanese advertising agency Dentsu is not looking for any big acquisitions to spur its growth in emerging markets and digital, the head of its global operations outside Japan said on Wednesday. For the full story read Reuters

In 2011 research from the Pew Center in the US reported that only 11% of US news consumers on any kind of digital device described themselves as getting their news through “Facebook or Twitter”. In the 2014 report of the same metrics 30% reported getting their news primarily from Facebook alone. That is a very rapid rate of migration in just two years.

The 2015 edition of Macworld/iWorld has been postponed and will not go ahead as planned, organiser IDG World Expo has revealed

The 2015 edition of Macworld/iWorld has been postponed and will not go ahead as planned, organiser IDG World Expo has revealed

Shares in UDG Healthcare jumped about 6pc at one stage yesterday after the company said that revenue had risen 5pc to €2.1bn in the financial year to the end of September, while adjusted operating profit rose 9pc to €102.6m. The group was spurred by its Ashfield and Sharp Packaging divisions.

Future CEO, , said “We have now largely completed the Transformation programme, which was initiated in June 2014, on time and according to plan. Our property portfolio has been rationalised, non-core businesses sold, our balance sheet strengthened and the cost base materially reduced.

Euromoney is looking to acquire more financial information providers, after taking a $59m stake in the recent buy-out of Dealogic

M&C Saatchi has made its third attempt to crack the US advertising market with the acquisition of a minority stake in the New York creative agency Shepardson Stern & Kaminsky for about $8m