All Posts Tagged Tag: ‘PwC’

Internet Ad Revenues Had A Record Quarter

The Interactive Advertising Bureau (IAB) and PwC have released their latest figures on Internet advertising revenues, looking at the third quarter. According to their findings, U.S. revenues hit $12.4 billion, making it the the highest quarter on record. Earlier this year, online ad revenues overtook TV ad revenues for the first time. The first half of the year saw digital …

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Investment Firm to Save GAME Group

The BBC is reporting that the investment group OpCapita will save GAME Group PLC by buying a large portion of the insolvent company. Last week GAME Group administration was taken over by PricewaterhouseCoopers (PwC) in order to get the company into a sellable state. GAME and Gamestation stores operated by GAME Group began closing and employees began being laid-off. This …

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Former GAME Employee Sings in Front of Closed Store

Game Group PLC recently announced that CEO Ian Shepherd would be stepping down, and that PricewaterhouseCoopers would be taking over administration of the company. This came after months of failed bargaining with lenders to try and keep the company afloat. These were months that employees at their GAME and Gamestation retail stores had to wonder whether or not they would …

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GAME Group Administration Appointed, CEO Steps Down

Game Group PLC announced today that PricewaterhouseCoopers (PwC) would be assuming administration of the company. The company had announced last week that it would be seeking administration. In a statement today, the GAME Group Board of Directors said: “Further to our announcements of 21 March, the Board of GAME has completed its discussions with lenders and third parties without resolution, …

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Online Ad Revenue In US Hit Record $6.4 Billion

U.S. Internet advertising revenues hit a record $6.4 billion in the third quarter, an increase of 17 percent from the same period in 2009, according to a new report by the Interactive Advertising Bureau (IAB) and PwC.

“The Internet has transformed consumers’ lives and how they experience entertainment, information and brands,” said Randall Rothenberg, President & CEO, IAB.

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Online Advertising Sets a New Record

In the first half of 2010, online ad revenues in the U.S. reached $12.1 billion, setting a new half-year record. The total also represented an 11.3% increase over the same period the previous year. It also included the highest second-quarter on record. This is all according to the Interactive Advertising Bureau and  PwC

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