M6940 Advertising Services

APN Outdoor savaged after earnings downgrade

roymorgansocial Leave a comment

Original article by Jake Mitchell
The Australian – Page: 21 : 23-Aug-16

Australian-listed APN Outdoor has posted a 2016 interim net profit of $A19.5m, which is 49 per cent higher than previously. EBITDA rose by 31 per cent to $A34.8m, and revenue was 10 per cent higher at $A150.6m. However, the outdoor advertising group has advised that it expects EBIT for the full year to be within the range of $A79m to $A84m, down from previous expectations of $A84m to $A88m. APN Outdoor’s shares fell by 35.3 per cent on 22 August, closing at $A5.33.

CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, OOH!MEDIA LIMITED – ASX OML, QMS MEDIA LIMITED – ASX QMS, WILSON ASSET MANAGEMENT

REA banks on property snoops to fuel global push

roymorgansocial Leave a comment

Original article by Darren Davidson
The Australian – Page: 21 : 10-Aug-16

Australian-listed REA Group has posted a 2015-16 net profit of $A214m, which is 16 per cent higher than previously. The real estate listings business recorded revenue growth of 20 per cent, to $A629.8m, while EBITDA rose by 22 per cent to $A347.3m. CEO Tracey Fellows expects a plan to combine the property listings of REA’s realestate.com.au with those of Move to boost the group’s revenue.

CORPORATES
REA GROUP LIMITED – ASX REA, REALESTATE.COM.AU, MOVE INCORPORATED, NEWS CORPORATION – ASX NWS, FAIRFAX MEDIA LIMITED – ASX FXJ, DOMAIN.COM.AU

REA, Move home in on a world of realty

roymorgansocial Leave a comment

Original article by Darren Davidson
The Australian – Page: 25 : 29-Jul-16

Media giant News Corporation has launched a global real estate listings portal that combines the resources of its property websites in 56 countries. The global network will feature more than three million property listings, from websites such as REA Group, Move’s realtor.com, Mansion Global and PropTiger. News Corp has a 62 per cent stake in Australian-listed REA and an 80 per cent stake in Move. REA in turn has a 20 per cent stake in Move.

CORPORATES
NEWS CORPORATION – ASX NWS, REA GROUP LIMITED – ASX REA, MOVE INCORPORATED, REALTOR.COM, MANSION GLOBAL, PROPTIGER

Why T. Rowe Price likes outdoor advertising

roymorgansocial Leave a comment

Original article by Jessica Sier
The Australian Financial Review – Page: 29 : 28-Jul-16

APN Outdoor has benefited from renewed interest in out-of-home advertising, with its share price gaining more than 160 per cent in the last year. T Rowe Price’s Randal Jenneke says the growing shift from static to digital billboards is driving the strong growth in outdoor advertising. He notes that digital technology allows advertisers to target difference markets depending on the time of day. T Rowe Price is increasing its exposure to APN Outdoor, while UBS has also lifted its holdings in both APN Outdoor and oOh!media.

CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, OOH!MEDIA LIMITED – ASX OML, T ROWE PRICE GROUP INCORPORATED, JUNKEE MEDIA PTY LTD, WOOLWORTHS LIMITED – ASX WOW, COLES SUPERMARKETS AUSTRALIA PTY LTD, ALDI STORES SUPERMARKETS PTY LTD

Sorrell on digital metrics: critical to have universal measurement

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 29 : 25-Jul-16

WPP Group CEO Martin Sorrell has stressed the need for a digital advertising audience measurement system that is independent, rather than relying on data supplied by digital giants such as Facebook and Google. WPP holds an 18.6 per cent stake in the merged ComScore and RenTrak, having acquired stakes in both companies prior to their amalgamation. Meanwhile, Sorrell has identified clients’ short-term focus as the major challenge for the advertising industry.

CORPORATES
WPP GROUP PLC, FACEBOOK INCORPORATED, GOOGLE INCORPORATED, COMSCORE NETWORKS INCORPORATED, RENTRAK CORPORATION, WPP AUNZ LIMITED – WPP, NEWS CORPORATION – ASX NWS, 21ST CENTURY FOX INCORPORATED, CBS CORPORATION, VIACOM INCORPORATED

Telstra thrives on new look tag

roymorgansocial Leave a comment

Original article by Darren Davidson
The Australian – Page: 25 : 18-Jul-16

Telstra will use its alliance with Olympic Games broadcaster Seven Network to launch a major overhaul of its brand. The telco has developed its rebranding in partnership with creative agency The Monkeys, and will replace its long-running "It’s how we connect" tagline with "Thrive On". Joe Pollard, Telstra’s group managing director of media and marketing, says the new branding is based on the theme that the telco "empowers people to thrive".

CORPORATES
TELSTRA CORPORATION LIMITED – ASX TLS, SEVEN NETWORK LIMITED, SEVEN WEST MEDIA LIMITED – ASX SWM, THE MONKEYS PTY LTD, AUSTRALIAN OLYMPIC COMMITTEE, FEDERAL COURT OF AUSTRALIA

Ban on betting ads would be draconian: Seven West boss

roymorgansocial Leave a comment

Original article by John Stensholt
The Australian Financial Review – Page: 5 : 15-Jul-16

It is estimated that bookmakers spent about $A150m on advertising during television broadcasts of sports events. Seven West Media CEO Tim Worner says a proposed ban is "draconian" and unnecessary, adding that Seven already has stricter internal rules on the issue than required by the advertising code. Sportsbet and CrownBet say they would agree to reduce their advertising during sports telecasts, but they oppose the blanket ban that is being advocated by crossbenchers Nick Xenophon and Andrew Wilkie.

CORPORATES
SEVEN WEST MEDIA LIMITED – ASX SWM, SPORTSBET AUSTRALIA, CROWNBET PTY LTD, ALLIANCE FOR GAMBLING REFORM, AUSTRALIAN FOOTBALL LEAGUE

APN Outdoor buys Metrospace, iOM

roymorgansocial Leave a comment

Original article by Max Mason, Sarah Thompson
The Australian Financial Review – Page: 20 : 14-Jul-16

Australian-listed APN Outdoor will increase its presence in Queensland and Victoria with two acquisitions in the outdoor advertising sector. Metrospace boasts 110 outdoor advertising panels across Queensland, while iOM has 130 such sites in Victoria. They are expected to boost APN’s earnings by around $A13m in total. Australia’s out-of-home advertising sector boasted revenue of $A184.4m in the June 2016 quarter.

CORPORATES
APN OUTDOOR GROUP LIMITED – ASX APO, METROSPACE OUTDOOR ADVERTISING, IOM PTY LTD, OOH!MEDIA LIMITED – ASX OML, QMS MEDIA LIMITED – ASX QMS, VAL MORGAN OUTDOOR, HOYTS CINEMAS LIMITED, ACTIVE MEDIA GROUP PTY LTD, OAKTREE CAPITAL MANAGEMENT LLC, FITNESS FIRST AUSTRALIA PTY LTD, GOODLIFE HEALTH CLUBS, JUNKEE MEDIA PTY LTD, ADSPACE, INLINK, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, OUTDOOR MEDIA ASSOCIATION INCORPORATED

SEEK invests in online sidekick for temp staff

roymorgansocial Leave a comment

Original article by Max Mason
The Australian Financial Review – Page: 37 : 4-Jul-16

Australian-listed SEEK has acquired a stake in Sidekicker, a start-up that enables businesses to hire temporary staff at short notice. The online marketplace was founded in 2012, and now offers a database of some 3,000 temporary workers. SEEK’s Michael Ilczynski stresses that the types of positions that are advertised on Sidekicker are rarely advertised on his company’s website.

CORPORATES
SEEK LIMITED – ASX SEK, SIDEKICKER, NIMBLE SOFTWARE SYSTEMS

Unlockd secures deal with Tesco

roymorgansocial Leave a comment

Original article by Paul Smith
The Australian Financial Review – Page: 27 : 10-Jun-16

Australian telco and mobile advertising group Unlockd has continued to expand globally, after securing a deal to supply its technology to Tesco Mobile in the UK. The deal with Tesco Mobile, which boasts some 4.6 million customers, includes content partnerships with Facebook and the British division of News Corporation. Unlockd CEO Matt Berriman says the company is enjoying monthly revenue growth of 75 per cent. It secured a deal with Sprint Telecom in the US earlier in 2016.

CORPORATES
UNLOCKD PTY LTD, TESCO MOBILE, FACEBOOK INCORPORATED, NEWS CORPORATION – ASX NWS, SPRINT TELECOM, LEBARA AUSTRALIA LIMITED, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, SPOTLESS GROUP HOLDINGS LIMITED – ASX SPO, CARSALES.COM LIMITED – ASX CAR, SEEK LIMITED – ASX SEK, CITIBANK PTY LTD, TRANSURBAN GROUP LIMITED – ASX TCL, CATCH-OF-THE-DAY.COM.AU, BRITISH AIRWAYS PLC, McDONALD’S CORPORATION, BRANSTON, DORITOS