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ITV ad revenue up 5.5% to £382m

ITV has reported revenues of £571m for the first three months of 2013, up 1.1% year on year fuelled by 5.5% increase in spot ad revenues but ad revenue could fall by double digits in the second quarter.

 

Morrisons hails effective More Of What Matters push

Morrisons claims its 'More Of What Matters' ad campaign has succeeded in teaching customers about its unique approach to sourcing meat and has helped it capitalise on the horsemeat scandal.

 

Analyst view: Questions remain about how Facebook will drive mobile growth

Facebook has posted a 38% year-on-year revenue rise to £938m in the first quarter of the year on the back of mobile advertising growth, but questions remain how Facebook will increase monetisation as it reaches saturation point.

 

BSkyB pre-tax profits up 7.5% to £966m despite 2% ad decline

BSkyB has reported pre-tax profits up 7.5% to £966m in the nine months to 31 March 2013, after growth in divisions including digital TV service Sky Go offset slight declines in other areas, such as ad revenues.

 

Sorrell says Q1 was 'hand-to-hand combat'

WPP has reported UK revenues rose by 11.9% to £318m in Q1, despite what the chief executive Martin Sorrell described as "hand-to-hand combat in the trenches" in the wider communications market.

 

Virgin Media reports last quarterly pre-tax profits of £161.6m

Virgin Media has reported pre-tax profits of £161.6m in the three months to the end of March, more than 20 times the profit in the same period of 2012, according to what is likely to be its last results.

 

Omnicom pre-tax profits down slightly to $331m

Omnicom, the owner of the BBDO and OMD networks, reported pre-tax profits of $331m (£216m) in the first quarter of 2013, down 0.8% year on year, despite revenue rising by almost 3%.

 

UTV boss Scott Taunton's pay down almost 17% in 2012 to £332,311

Scott Taunton, the managing director of TalkSport-owner UTV Media (GB), earned a total of £332,311 a year in 2012, down 16.8% year on year despite the GB division's operating profit rising 4.8%.

 

Tesco hails improvement in ad performance as profits take a hit

Tesco claims its new advertising strategy is producing measurable results with customer feedback revealing the brand is now "warmer and more engaging".

 

Publicis Groupe organic growth slows to 1.3%

Publicis Groupe, the owner of Saatchi & Saatchi and Starcom MediaVest Group, has reported revenue of €1.6bn (£1.3bn) in the first quarter, up 7.6% year on year although tough comparables and a weak European market held back organic growth.

 

M&S chief Bolland backs new marketing approach to deliver growth

Marks & Spencer chief executive Marc Bolland is backing its new advertising style to help turn around its fashion proposition, as the retailer revealed another drop in clothing sales.

 

Ready for the rebirth of BlackBerry?

BlackBerry has surprised many analysts by posting a profit for the first three months of the year, and expects new smartphone launches, backed by its biggest marketing activity to-date, to claw back market share in 2013.

 

Blockbuster jobs and brand saved after sale to restructuring specialist

Blockbuster has been sold to restructuring specialist Gordon Brothers Europe for an undisclosed sum in a deal that will save 2,000 jobs and 264 stores.

 

Adam Crozier took home £3.2m in 2012

Adam Crozier, the chief executive of ITV, took home a total of £3.15m in 2012, up 13% on 2011 and including more than 90% of his possible bonus, after the broadcaster's pre-tax profits increased by 6%.

 

Havas Group pre-tax profits rise 14% to €190m

Havas Group, the owner of the Havas Worldwide and Havas Media networks, has reported pre-tax income of €190m (£161.2m) in 2012, an increase of 14.5% year on year after growth in new business, digital and emerging markets.

 

Trinity Mirror to invest £8m into 'digital' in 2013

Trinity Mirror has pledged £8m-worth of digital investments in 2013, following a "difficult" trading year in which advertising revenues fell 10.4% and circulation revenues tumbled 7.9%.

 

Tesco to buy family restaurant brand Giraffe

Tesco is buying family restaurant chain Giraffe for £48.6m in a move that will see it integrate the brand into its larger stores.

 

Sacked Groupon boss regrets 'not having courage to start with the customer'

Groupon chief executive and co-founder Andrew Mason has been fired and says his biggest "regret" was the times he did not "have the courage to start with the customer".

 

British Gas managing director steps down as profits surge

Phil Bentley, the managing director of British Gas, is stepping down as profits for the company's residential energy supply jumped 11% to £606m in 2012.

 

ITV pre-tax profits rise 6% led by growth in digital and production

ITV has reported profit before tax of £348m in 2012, up 6% year on year and led by double-digit growth in the broadcaster's production and digital revenues, while spot-ad revenues remained flat.

 
 

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