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Focus thrives in third quarter, but worries about 2009
China’s Focus Media continued to show massive year-on-year growth in the third quarter, but warned of harder times to come.
NASDAQ-traded Focus Media Holding saw revenue grow 63.7 percent year-on-year to $224.8m during the quarter ending on 30 September, producing a profit of $51.3m.
About two thirds of revenue, or $153.8m, was derived from digital out-of-home advertising, with the remainder of Focus’s sales coming from its Internet operations. 
Digital sites help soften blow to Clear Channel
Digital out-of-home was one of the few bright spots for Clear Channel Outdoor in the third quarter, with revenue down three percent year-on-year to $813.4m once the effects of foreign exchange are disregarded.
However, Latin American operations and the U.S. digital business (such as the airport screen pictured) performed strongly, said global president and COO Paul J. Meyer. The effect of digital was particularly felt in Los Angeles and
Slump could last just one year, research firm predicts
Economic conditions for the worldwide digital out-of-home sector will bounce back by 2010, with “strong double-digit growth” in rollouts, according to new research from MultiMedia Intelligence.
The firm says that digital-signage networks will install 1.1m displays this year, up 34 percent on 2007, and although the economy will “sap growth” next year, it expects a resurgence in 2010.
By 2012, the number of new displays installed will double
Wireless Ronin blames economy for 35 layoffs
U.S. digital-signage software firm Wireless Ronin Technologies yesterday laid off a fifth of its workforce, citing a “sluggish economy”.
The company, which markets the RoninCast system, has shed 35 employees and contractors accounting for about 22 percent of its head count. After the departures, Wireless Ronin has 125 staff.
The layoffs – affecting workers with roles in sales and marketing, product development, project management and administration – were
JCDecaux sees Middle East as hot spot for growth
Global outdoor-advertising firm JCDecaux expects a full 20 percent of sales to come from emerging markets next year – a level it had earlier anticipated would not be reached until 2010.
Emerging markets accounted for nearly 18 percent of sales in the first half of 2008, the company’s chairman and co-chief executive Jean-Charles Decaux told a French newspaper.
JCDecaux expects continued growth in Asia and particularly the Middle
C-store network partners with grocery distributor
Digital Promo Network (DPN), the U.S. operator of digital signage in convenience stores, is to jointly market its service with wholesale distributor H.T. Hackney.
H.T. Hackney, which distributes goods to more than 20,000 retailers in 21 states, will offer its customers the chance to join DPN’s network. The first joint outing for the pair is this week’s National Association of Convenience Stores expo in Chicago.
DPN, which has
Inlink says network reaches nearly 200 office buildings
Australia’s Inlink Media, which operates screens in the lifts and lobbies of office buildings, says revenue has quadrupled in the past 12 months.
The network, which runs news and advertising on its screens, has now reached 900 displays in almost 200 sites, more than doubling its size in a year.
It reaches more than 1.3m viewers monthly, the company says. 90 percent of the audience is aware of
TV and print firms moving into out-of-home
Fox and NBC in the U.S., as well as Pacific Magazines in Australia, are among the latest mainstream media firms dipping their toes into the digital out-of-home market.
NBC’s Digital Health Network, which it distributes across multiple screen and online platforms, has signed up two new place-based services to carry its content: StayHealthy, which operates kiosks (pictured) in colleges and gyms, and Windstone Communications, whose MD Outernet screens are
