Independent production company RDF Media has been sold to Bidco, a investor set up by RDF’s executives, for £52 million.RDF’s independent directors Richard Eyre, Maggie Carver and Tim Weller revealed that they had received a cash proposal for an offer of 120p per share earlier this month.The production company, which is behind programmes such as… Continue reading RDF Media sold for £52 million

FHM.com is set to relaunch next month with a number of new features to boost users as its magazine brand sees a drop in circulation.Bauer Media’s men’s lifestyle website will offer new editorial, improved navigation, new video players and more content, according to the company.Other new features include a new blog from FHM’s global writing… Continue reading FHM.com is set to relaunch

Telegraph Media Group’s management told its staff today that 50 editorial staff will be made redundant.The job cuts, which are thought to represent a 13-14% saving to the editorial budget, will be brought into effect by Christmas, according to reports.Staff at the publishing group said they had been expecting job losses of this scale, especially… Continue reading Telegraph Media Group cuts 50 jobs

Daily freesheet Metro is set to get a new look from Monday with smaller headlines and extra celebrity news pages.The Associated Newspapers title will be getting “a little makeover” according to the publisher, which is also set to include fewer listing pages.Celebrity gossip pages will increase from two pages to four, though the editorial/advertising ratio… Continue reading Metro set for makeover

The government has withdrawn its plans to award £14 million to Channel 4 to help the broadcaster with the cost of the digital switchover.In a statement today, culture secretary Andy Burnham, said the plan had been overtaken by events because forthcoming proposals on Channel 4’s future funding would be “more wide-ranging”, according to reports.The government… Continue reading Government withdraws Channel 4 funding plans

ITV1’s live coverage of the Villarreal v Manchester United match pulled in almost 6 million peak viewers last night.The UEFA Champions League Group E game, which saw both teams fail to score, attracted 4.7 million average viewers and a 19.9% audience share between 7.30pm and 10pm.Meanwhile, in between the match, BBC One had its share… Continue reading UEFA Champions League scores 6 million viewers

LinkedIn, the business social networkng site, has launched a new search service that enables users to refine their searches for other members.The new platform will allow members to fill in more than a dozen data fields, such as name, company and school, in order to find fellow members, according to reports.LinkedIn have also added an… Continue reading LinkedIn launches new search service

At least five parties have entered the second round of bidding for Global Radio’s Midland stations.The first round of bids for the five Midlands stations ranged from around £30 million to £40 million, according to reports.A number of consortiums are thought to be interested in purchasing the stations, including one led by the former Chrysalis… Continue reading Five parties bid for Global’s Midlands stations

Future Publishing has reported a 9% rise in adjusted operating profit and a 3% boost in advertising in its preliminary results for the year, bucking the current downward trend.The publishing group said that advertising bookings in the three months to December were at 95% of their level in the same period last year.Future said it… Continue reading Future Publishing reports profits increase

The 2009 Newspaper Awards has added a new category to reward advertising and marketing agencies that use newspapers as a central part of their media campaigns.The creative award, named ‘Campaign of the Year’, will go to the agency who has used newspapers the “most creatively and successfully to promote a product or service”.Gary Cullum, director… Continue reading Creative category launched for 2009 Newspaper Awards