Media AM - Interpublic Group, Forbes Media, BSkyB, UM London, Future Publishing

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21st July 2014

IPG reports 'solid' second quarter with 14% pre-tax profit boost Interpublic Group's income before income taxes was $168.6 million in the second quarter of 2014, up 14.0 per cent year on year. Forbes family sells Forbes Media after 97 years The Forbes family has sold a "majority stake" in its US and global publishing company Forbes Media to a group of international investors, ending a 97-year dynasty started by Bruce Forbes. Sky Europe deal expected before summer gets underway BSkyB's proposal to takeover Sky Italia and Sky Deutschland could be finalised by the end of the month, according to analysts. 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. Photos: UM London wins inaugural Media Week 5 tournament Media Week's inaugural media five-a-side tournament was won by UM London last week, after the agency team beat Wowcher 2:1 in hard fought final. Embattled Future sells another magazine brand Future Publishing has continued the disposal of its titles following the raid on the ailing publisher in May by Immediate Media, transferring lifestyle magazine The Simple Things to independent publisher Iceberg Press. The six myths of digital marketing measurement How you measure digital activity radically affects the strategy and effectiveness of what you do. Leonie Gates-Summer, client director, Millward Brown explains how myths about digital measurement can distort brand strategy. Heineken postpones CNBC live broadcast after MH17 plane crash Heineken has postponed a special three-hour live TV show on CNBC that was set to promote its new @wherenext app, in the aftermath of the MH17 plane disaster in Ukraine. Bravery doesn't exist in advertising Simon Labbett, the founder and creative director at Hometown London, questions whether bravery is ever an appropriate buzzword for the ad industry. 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. Why media strategy is a creative problem The days of creative conviction leading media selection are gone, but a lot has been lost on the way, Phil Georgiadis says. My Media Week: Stuart Sullivan-Martin This week, Stuart Sullivan-Martin, chief strategy officer, Global Solutions and EMEA at MEC, burns the midnight oil reviewing Media Week Award entries in his role as a judge. Independent's digest i launches own website i100 ESI Media, home to The Independent and Evening Standard newsbrands, has launched an interactive audience-led website for its successful i newspaper, i100.co.uk 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. News brands are keen to set the agenda, but it is a time for collaboration "The NRS in its current form no longer serves newspaper needs." Not my words but those of Bob Hulks, the ex-independent chairman of the Newspaper Publishers Association Review Group, speaking at the Media Research Group conference back in 1998. Newspapers throw the future of NRS in doubt The press is reviewing its relationship with the measurement body as it seeks a system for the digital age. By Arif Durrani. 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. Internet of Things brings opportunities for brands Advertising could appear on the new generation of connected devices, but an industry standard is needed. By David Benady. Latest blogs 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 Heading the elephants off at the pass I attended a conference this week where the thorny topic of ad blocking received significant airtime. And no wonder, given what we heard.

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