Media AM - Facebook Q2 profits rocket, plus Viacom, Mail Online, Yahoo and Omnicom

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24th July 2014

Facebook Q2 profits rocket to $791m thanks to surge in mobile revenues Facebook has reported a year-on-year profit hike of 138% to $791m (£464m) in its second quarter, driven by a 67% surge in ad revenues to $2.68bn, with 62% of that accounted for by mobile advertising. Viacom's acquisition of C5 is delayed until September Viacom's purchase of Channel 5 from Northern & Shell is now unlikely to happen until at least September. Mail Online ads up 49% to generate third of Daily Mail's ad revenues Growth in digital ad revenues at Mail Online more than offset falls at the Daily Mail and Mail on Sunday newspapers in the last quarter, generating a third of the newsbrand's ad revenues at £15m. Yahoo appoints Marc Bignell as head of trading for the EMEA region Yahoo has confirmed the appointment of Omnicom's Marc Bignell as head of trading across Europe, Middle East and Africa. Omnicom grabs place on Govt buying shortlist Omnicom has made a surprise late bid for the Government's £140 million media buying business, currently handled by WPP's dedicated agency M4C. Take a lead from Carat and recharge your batteries over the summer holidays School's out for the summer - and so too, for once, is the sunshine. As teachers across the country pick themselves up and begin the healing process, spurred on no doubt by the promise that Michael Gove will not be returning to class in September, thoughts invariably turn to our own great escapes. ZenithOptimedia and Havas billings decline Publicis' ZenithOptimedia and Havas Media were the only top-ten UK media agencies to decline in 2013, according to Recma. Bus ads deliver on the high street The high street offers advertisers a captive audience, with bus ad formats providing high-impact and effective creative solutions. My Media Week: James Chandler This week, James Chandler, global mobile director, Mindshare launches the agency's wearable tech unit in NYC, presents to his 'Mobile Mum and Dad' at Facebook and tries to get the skinny on the iPhone 6. Gregory has ambitious plans for Exterion Media Three days into his role as the international chief executive of Exterion Media - the company known as CBS Outdoor until January - Shaun Gregory is already a bit bored of the obvious questions. Do agencies hold too much power? Will advertisers suffer from Omnicom Media Group's decision to pull all ads from Channel 5, David Benady asks. We are in the business to create and take risks, not to reassure accountants We in the media seem to have an overriding obsession with being in the assurance business rather than the invention business. Bloomberg appoints Matt Teeman as commercial director EMEA Bloomberg Media has appointed former DMG Media and BBC Magazines leader Matt Teeman as its commercial director in Europe, Media East and Africa. Latest blogs NRS is ready to build for a new future: Calls for 'media producers' to be differentiated from aggregators Following Campaign's revelation that the NPA has started a review of its requirements for audience measurement this month, Simon Redican, chief executive of the National Readership Survey explains why after a 56 year partnership, the company welcomes the move. Enmity, amity and Pats: how peace has broken out in newsbrands The newspaper business took a major leap forward this month with the launch of a commercial transaction system designed to enable cross-platform sell, says Rufus Olins, chief executive of Newsworks. CNN's Petra Malenicka: 'We don't talk about TV anymore' At CNN, the Cable News Network owned by Turner Broadcasting, they no longer talk about television, says European leader Petra Malenicka. In an age of mobility, outdoor media is the second screen As the importance of both "context" and "mobility" come into their own in the media, outdoor stands to reap the benefits, says Chris Forrester. Amazon's Fire phone could help win over the high street With its new Fire phone launched on Wednesday, Amazon has the potential to instantly hijack the high street and make every song, sign, poster and product a point of sale opportunity, says Talon's Richard Simkins

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