Advertising Fall Continues to Bite Advertising Fall Continues to Bite

Mail on SundayJuly 17, 2006

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Summary


MEDIA companies are being hit hard by the advertising downturn, according to the latest profit warnings report by Ernst Young.

According to figures from the accountancy firm to be unveiled today, nine companies warned on their profits in the second quarter of the year, up from four in the first three months of the year.

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Advertising Fall Continues to Bite Advertising Fall Continues to Bite

Though each cited different reasons for their problems, an overridi...

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