MediaGuardian
Mar 17, 2010 5:15 AM
By Mark Sweney: Mecom, the European newspaper company run by the former Mirror Group chief executive David Montgomery, has reported a 28% fall in profits for 2009, thanks to a double-digit decline in print ad revenues, and has responded by setting out a three-year plan to boost its digital income.…
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Money, Earnings
Robert Andrews
Mar 11, 2010 5:29 AM
Johnston Press’ online revenue fell 11.1 percent to £17.1 million through 2009 - but it’s thanking DMGT’s Jobsite, to which it outsourced its job ads platform, for rescuing its web classifieds strategy. The move helped stem losses from recruitment ads in the first half of the year - the category…
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Posted In:
Money, Earnings, Companies, Johnston Press
Robert Andrews
Mar 7, 2010 5:53 PM
2009 online revenue grew by 25.2 percent at Anglian news publisher Archant, which has become the latest outfit to have found a sunnier partly thanks to cost cuts. Annual operating profit fell 32 percent from 2008 (to £15.1 million) on 19 percent lower income (of £142 million). But, after cutting…
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Posted In:
Money, Earnings
Ingrid Lunden
Mar 5, 2010 9:31 AM
WPP has pledged that new media services will make up two-thirds its revenues in “three or four years” and that it expects 2010 to be a stable year, as it reported an 11 percent drop in profits to £663 million ($1 billion) after a “brutal” 2009 and a particularly low…
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EPS*
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Rev. vs Q408
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Net Inc. vs Q408
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WPP
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Release
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N/A
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16.1%
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N/A
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* vs.
Analysts' Estimates:

Beat

Met

Missed
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Posted In:
Money, Earnings, Companies, WPP
Ingrid Lunden
Mar 5, 2010 3:24 AM
Revenues and profits are down for United Business Media (LSE: UBM), but the company says its future outlook is stable as it focusses more on emerging markets and diversifying its business even further away from its print legacy. It also benefited from a better-than-expected bill from the UK tax man.…
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EPS*
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Rev. vs Q408
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Net Inc. vs Q408
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United Business Media
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Release
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4.4%
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N/A
|
* vs.
Analysts' Estimates:

Beat

Met

Missed
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Posted In:
Media & Publishing, B2B, Money, Earnings
Ingrid Lunden
Mar 4, 2010 5:48 AM
The ad sales slump in newspapers is still proving to be a drag on Trinity Mirror’s results, but the media group will not move to an all-out paidcontent model any time soon online to try to make up the difference. Speaking during today’s earnings call, Trinity Mirror’s CEO Sly Bailey…
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EPS*
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Rev. vs Q408
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Net Inc. vs Q408
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Trinity Mirror
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Release
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12.4%
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N/A
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* vs.
Analysts' Estimates:

Beat

Met

Missed
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Posted In:
Media & Publishing, Money, Earnings, Companies, Trinity Mirror
Robert Andrews
Mar 3, 2010 4:29 AM
ITV (LSE: ITV) placed a £30 million value on its online operations last year - but this was significantly smaller than the £68 million it said they were worth just a year earlier. It came in the form of a goodwill valuation in today’s full-year earnings, and is likely the…
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Money, Earnings, Companies, ITV
Ingrid Lunden
Mar 2, 2010 3:45 AM
B2B could be approaching calmer waters, and digital may be steering the boat: today Informa, publisher of maritime bible Lloyd’s List, reported a decline in revenues and operating profits as it continues to weather the economy. But digital is figuring strongly: 72 percent of its publishing revenues now come from…
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EPS*
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Rev. vs Q408
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Net Inc. vs Q408
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Informa
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Release
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4.4%
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11%
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* vs.
Analysts' Estimates:

Beat

Met

Missed
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Posted In:
Media & Publishing, B2B, Money, Earnings
Robert Andrews
Mar 1, 2010 7:13 AM
Video games are shining brighter as the jewel in Vivendi’s crown. The French conglomerate is expecting Activision (NSDQ: ATVI) Blizzard to contribute a boat-load more to this year’s group profit, when two key titles trickle farther down. Its 2009 earnings, out today, show… —Call Of Duty: Modern Warfare 2 shifted…
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Posted In:
Entertainment, Gaming, Money, Earnings, Companies, Vivendi, Universal Music Group
Robert Andrews
Mar 1, 2010 4:07 AM
Even before the economy turned bad, the FT was working hard to amp up its subscription funding and reduce its reliance on advertising. But FT Publishing’s 2009 operating profit sank 47 percent from the prior year (to £39 million) - and parent Pearson (NYSE: PSO) blames it on the “tough…
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Posted In:
Money, Earnings, Companies, Pearson, Financial Times, FT.com
Robert Andrews
Feb 26, 2010 5:43 AM
Property listings sites’ efficient digital ads may be helping pull our housing economy out of the doldrums - but even the sector’s leading destination saw revenue dip in last year’s recession… Rightmove’s operating profit may have risen two percent (to £41.9 million) through the year - but that’s mainly due…
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Posted In:
Money, Earnings
Robert Andrews
Feb 26, 2010 4:25 AM
Telefonica (NYSE: TEF) manages to get through its 72-page 2009 annual report without making any reference to iPhone, on which its O2 lost UK exclusivity last year - but the carrier also has Palm (NSDQ: PALM) Pre and other touchscreens, and credits “smartphones” generally with growing its subscriber count by…
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Posted In:
Mobile, Money, Earnings, Companies, O2
Ingrid Lunden
Feb 25, 2010 11:15 AM
Today’s earnings from France Telecom (NYSE: FTE) were a signal that the operator wants to look ahead and put the last year behind it. The telco said 2009 revenue was down by 1.8 percent to €45.8 billion (£40.4 billion; $61.8 billion), and net income also decreased by 6.4 percent to…
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EPS*
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Rev. vs Q408
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Net Inc. vs Q408
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France Telecom
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Release
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1.8%
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6.4%
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* vs.
Analysts' Estimates:

Beat

Met

Missed
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Posted In:
Money, Earnings, Companies, France Telecom, Orange
Robert Andrews
Feb 25, 2010 10:26 AM
T-Mobile UK lost 16.3 percent of its income through 2009, finishing at €3.39 billion ahead of what parent Deutsche Telekom (NYSE: DT) hopes will be Office of Fair Trading approval for its planned merger with Orange UK. T-Mobile UK actually ended with 2.4 percent more customers (17.2 million) - but…
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Posted In:
Mobile, Money, Earnings, Companies, France Telecom, Orange, T-Mobile
Ingrid Lunden
Robert Andrews
Feb 25, 2010 5:50 AM
Fibre-optic broadband is still Virgin Media’s trump card. October-to-December internet sign-ups beat analyst expectations, helping group revenue up three percent to £980 million. And now Virgin’s put an “end of 2010” date on roll-out of a 100Mbps service that’s more than twice as quick as the 40Mbps offering BT announced…
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EPS*
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Rev. vs Q408
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Net Inc. vs Q408
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Virgin Media
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Release
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3.3%
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50%
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* vs.
Analysts' Estimates:

Beat

Met

Missed
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Posted In:
Money, Earnings, Companies, Virgin, Virgin Media
Robert Andrews
Feb 25, 2010 4:44 AM
NMA and The Layer publisher Centaur’s August-to-December website income dropped by £1 million to £6.9 million.
The group lost six percent of its online subscription money, coming in at £3.3 million, and lost six percent of its web advertising income.
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Posted In:
Money, Earnings
David Kaplan
Feb 24, 2010 9:36 AM
The media segment in Thomson Reuters’ Q4 results can be seen as a microcosm of the segment’s performance for the overall year. Both full-year and Q4 media revenues declined 8 percent. The company, now based in Toronto, pointed to “continued pressure” on the Professional Publishing and Advertising businesses. The same…
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EPS*
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Rev. vs Q408
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Net Inc. vs Q408
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Thomson Reuters
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Release
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1%
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68.4%
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* vs.
Analysts' Estimates:

Beat

Met

Missed
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Posted In:
Media & Publishing, Money, Earnings, Companies, Reuters
Robert Andrews
Feb 18, 2010 5:02 AM
Reed Elsevier (NYSE: RUK) will continue to “re-engineer” its Reed Business Information publisher and its costs, it said as it reported RBI annual operating profits dropped 35 percent in 2009. “The print advertising markets are structurally challenged and need to reinvent themselves,” new Reed Elsevier CEO Erik Engstrom told analysts…
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Posted In:
Money, Earnings
David Kaplan
Feb 17, 2010 10:17 AM
As the traditional ad agency structure struggles to reorient services to emerging markets and new media, Publicis Groupe’s digital revenues are at least heading in the right direction, albeit slowly. The Paris-based ad holding company saw digital revs rise 7.1 percent in Q4. Digital dollars now account for 22.4 percent…
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Posted In:
Advertising, Money, Earnings, Countries, Europe, France, publicis
Robert Andrews
Feb 11, 2010 5:17 AM
BT (NYSE: BT) seemingly wants to show Sky Sports and Movies over Freeview as well as IPTV, if Ofcom’s upcoming report on the pay-TV market compels Sky to wholesale its channels more widely. “We’ll do it over all three - copper, DTT and fibre - it depends on the availability…
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Posted In:
Money, Earnings, Technologies / Formats, Broadband, Companies, BT