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Posts Tagged ‘(RED)’

U2 to Unveil New Song During Super Bowl Spot, Offer Free Downloads to Benefit (RED)

a812d18636ceff861a80c8920a9dedc6Come Super Bowl Sunday, you may be buying many things–beer, chips, a box of ever-elusive Velveeta, or even David Beckham’s underwear–but U2 and AIDS charity (RED) are hoping you’ll also choose Sunday as the day to download the band’s new song, “Invisible” (for free!).

During a commercial break in the big game, the song will premiere in an edited version of its music video, after which, “Invisible” will be available for free download on iTunes for a 24-hour-period. Every time the song is downloaded during those 24 hours, Bank of America will make a $1 donation to (RED)–up to a total of $2 million. All the funds will go to the Global Fund to Fight AIDS, Tuberculosis and Malaria.

The promotion is the launch of a new partnership between the banking giant and (RED), which, since it was founded by Bono and Bobby Shriver in 2006 with the aim of engaging businesses in the fight against AIDS, has teamed up with big-name brands like Apple, Starbucks and The Gap to raise more than $240 million for the Global Fund. Read more

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Mediabistro Job FairLand your next big gig! Join us on January 27 at the Altman Building in New York City for an incredible opportunity to meet with hiring managers from the top New York media companies, network with other professionals and industry leaders, and land your next job. Register now!

Huntsworth Reports Slight Increase in 2011 Revenue, Decrease in Profits

ICYMI (because we did): Huntsworth announced its financial results for the year ending December 31, 2011, reporting a revenue increase of 1.5 percent to £176.3 million (about $279.7 million by today’s conversion standard). In 2010, the revenue figure was £173.6 million.

However, operating profits after central costs are taken into account decreased to £23.5 million (about $37.3 million) from £29.6 million in 2010. And profits before taxes but after highlighted items was down to £10.6 million from £21.8 million in 2010.

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Huntsworth First Half Revenue Up, Profits Down, Optimistic for 2012

U.K.-based Huntsworth reported a mixed bag of earnings for the first half of 2011, ending June 30. Revenue for the company was up compared to 2010, from £87 million to £88.1 million (about $143.4 million according to today’s currency exchange). However, operating profits were down year-over-year, from £13.6 million for the first half of 2010 to £11.5 million ($18.7 million).

In a statement, CEO Peter Chadlington said that changes across the business landscape (the importance of digital, the global nature of the work) along with the longer procurement process were big factors in the results. The company expects to reach its goal of seven percent like-for-like revenue growth rate for the year, but big account wins announced at the end of 2010 won’t make a financial impact until the beginning of 2012.

“When we reported our 2010 results in March this year, we indicated that such account wins were taking a long time to come on stream and we therefore expected revenues to be second half weighted,” he said. “This has indeed proved to be the case due to the lengthy procurement processes of our clients and the effect of the current economic environment delaying decision making.”

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Huntsworth Purchases Atomic PR, Adds British Airways to Roster

Huntsworth, the U.K.-based PR and healthcare consultancy whose firms include Grayling, Huntsworth Health, Red, and Citigate, has added Atomic PR to its list of agencies. The move expands Huntsworth’s North American presence.

The acquisition, for $13.3 million in cash according to Reuters, accompanied the business’ preliminary results for the year ending December 31, 2010. Hunstworth reported an 11.1 percent increase in revenue to £173.6 million (about $286.14 million, based on today’s conversion rates) and pre-tax profit of £26.7 million (about $43.4 million).

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Huntsworth Says Revenue Will Fall Short This Year, But 2011 Looks Good

Huntsworth reports that about 65 percent of its 2011 revenue has been committed.  The company has a new “streamlined organisation” that it says is showing results with international clients. However, “contract negotiations” take time and revenue has to be moved to next year, meaning 2010 numbers will fall below management’s expectations. However, the company says it’s confident it will meet expectations next year.

In August, the company reported an 11 percent jump in new business on its interim results and about $132.1 million for the first half of 2010 ending June 30.

Among the company’s new client wins are Hyder Consulting PLC (Citigate), Volkswagen Middle East, Hilton Worldwide (both Grayling), and Barclaycard and Thistle Hotel Group (both RED).

Mashable Social Good Summit: Social Media’s Growing Role

Leveraging social media to help solve some of the world’s toughest problems was the theme of Mashable’s Social Good Summit in New York on Monday. The conference was held in partnership with the 92nd Street Y and the UN Foundation during United Nations Week.

The range of speakers included philanthropists, media and business executives, actors, and government officials, each offering a unique perspective. After the jump are highlights from selected sessions. Read more