MediaTel Insight: Online Music Market Growing Slowly

The downturn in the global recording industry and the current lack of legitimate download services have prompted Jupiter Research to cut its forecast for online music spending. It is estimated that internet music sales will total $3.3 billion in 2008, equivalent to 26% of all US music spending.

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Multichannel Passes ITV1 In Q2 Share Of Viewing

Multichannel television commanded a greater share of viewing than ITV1 in Q2 for the first time in a quarterly period, according to the latest IPA Trends In Television report.

WPP Completes Cordiant Acquisition

After months of twists and turns the saga of WPP’s £266 million takeover of Cordiant Communications has finally closed, as the deal was formally completed this morning.

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