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28th February 2014

FT profits up £55m despite 'weak' advertising The Financial Times Group achieved profits of £55m in 2013, up 17% year on year as strong growth in digital and content businesses are reported to have "more than offset weak advertising".     MEC promotes Bowden and Dormieux to co-CEO MEC has promoted Stuart Bowden, its managing director, and Jason Dormieux, its chief operating officer, as joint chief executives of the UK, replacing Steve Hatch.     ITV confirms major shakeup of Daybreak British broadcaster ITV has confirmed plans to make significant changes to its underperforming morning show 'Daybreak', which could be renamed 'Good Morning Britain'.     Man Utd teams with Google for pitch-side digital competition Google has teamed up with Manchester United to give the football club's fans the chance to appear pitch-side at Old Trafford on digital screens.     Westfield partners London Live for multi-screen shopping Westfield, the shopping centre group, will be the first partner for Shop London, a multi-screen shopping experience from the upcoming TV channel London Live.     VivaKi Exchange hires Simon Pardon as first global president VivaKi Exchange (VX), the joint media trading arm of Starcom MediaVest Group and ZenithOptimedia, has appointed Simon Pardon, the former global chief trading officer for Aegis Media, as its first global president.     Labour treads the tightrope on advertising Following her controversial comments at a recent conference, the Shadow Minister for Culture, Media and Sport Helen Goodman clarifies her statements and explains the Labour Party's policy on advertising. By Kate Magee.     Things we like: Aegis' tank, press collaboration and OMD's trip to the future Things we like this week include a decommissioned UN vehicle, Newsworks creating the UK's 'Super Bowl moment' and the second wave of OMD's predictions for the future.     Media business rankings 28 February 2014: M2M is a new entry after landing Encona sauces.     Oystercatchers plots Asia expansion Oystercatchers, the client-agency intermediary, is expanding into Asia-Pacific, launching its first office in Hong Kong and planning to roll out to China, Thailand, Singapore, Malaysia and India.     Virgin Media claims new ultrafast broadband 19 times faster than BT and Sky Virgin Media claims it has boosted its broadband speeds to "the fastest in the UK", twice as fast as any of its rivals' services and 19 times speedier than regular broadband.     Boots ties up with Facebook for live hair and beauty broadcast Boots has hooked up with Facebook and produced a 90-minute live-streamed programme full of style, hair and beauty tips, which will be carried on the retailer's UK page on the social network.     My Media Week: Richard Dunmall This week, Richard Dunmall, managing director, advertising, Bauer Media is somewhat star-struck when he joins MediaCom at the Ronan O'Gara testimonial dinner.     WhatsApp is an intriguing business. But not because it cost a whopping $19bn The past few days have been filled with spluttering pundits comparing the WhatsApp acquisition by Facebook to some sort of end times. "$19 billion!" they cry. "For what?! They don't even take advertising!" Indeed, they don't.     Is the Telegraph's digital revolution the right course? Does the exodus of senior journalists suggest divided opinions on the news brand's digital drive? By David Benady.     Time Out eyes local ad offering under O'Hara How can the magazine make up for the loss of copy sales and also pay for an increased print run? Its new chief commercial officer tells David Benady about her big plans.     The Brits' successful flop highlights the complex social media landscape In a week dominated by Facebook's staggering acquisition of WhatsApp, and the clash of tech and mobile developments at the Mobile World Congress, social and mobile are top of mind.     All-star media cast vies for success at Oscars Digital Cinema Media is gearing up for the Academy Awards with its inaugural Fantasy Film League. Tom Linay explains.     Tech viewpoint on multiscreening Attention is today's biggest challenge in an always-on digital world. Consumers' attention is being pulled in multiple directions, with multiple devices vying for share.   Latest blogs   The cookie hasn't died...yet Saturday 26 May 2012. A date which will live in infamy.     Weve's Nigel Clarkson's gone to Barca, so you don't have to: Day 2 The "networking" session went on pretty solidly into the night after day one of the Mobile World Congress in Barcelona, but Weve's commercial leader, Nigel Clarkson, has shaken it off to report back on day two.     IMterview: Facebook and WhatsApp - what should agencies do with IM? Paul and Darika, the 'Trinny and Susannah' of digital marketing, ponder what Facebook's acquisition of instant messaging service Whatsapp means agencies should do in the space.     Weve's Nigel Clarkson's gone to Barca, so you don't have to The first thing that hits you at the Mobile World Congress (MWC) in Barcelona is the sheer scale of the event.     Why engagement is not the same as attention A few years ago (2011 to be precise) Dave Brennan penned an excellent blog piece discussing the themes of engagement and attention, arguing that they are not the same thing but at the same time, are related to each other.

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