Finance

New digital-focussed Telegraph surprises with £58.9m profits

The Daily Telegraph group made £58.9m profit in 2010, 11 per cent up on 2009, nearly 50 per cent if you strip out one-off sales in 2009 of £13m. The surprisingly buoyant figure seems to testify more to cost-cutting than ...

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More optimism from Aegis as Carat forecasts increase in global ad growth

The tidal wave of optimism from media buying and market research group Aegis continues with confident noises about the company’s own growth prospects and, from biggest network Carat, an upward revision in its forecast for global ad growth. And it ...

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Aegis growth story hammered by bad debt, low contribution from Mitchell

The business newswires are awash this morning with confident noises from media buying and research group Aegis (which owns Carat, Vizeum and researcher Synovate) after its 2010 revenue rose from £1.35bn to £1.46bn. This led to an underlying profit of ...

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The world’s richest media magnate is Canada’s David Thomson – from the family who lost the UK’s Times newspapers to Rupert Murdoch

David Thomson is the boss of the family-owned Thomson Corporation that owns financial information firm Thomson Reuters and Canada’s Globe and Mail national newspaper. Like his father and grandfather he likes to keep a low profile, but hasn’t he done ...

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How do you get clients to pay the right price for ads?

A senior account man was on the way to an important new business pitch when his car gave up the ghost and stopped. He called the client to be told if he didn’t make the appointed time his agency would ...

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John Lewis plans major international online expansion

UK department store group John Lewis, the big success on the UK high street in recent years, is planning its first major foray abroad by launching its website in 12 European countries in June and 25 others around the world, ...

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