ITV’s share price was up by more than 8% this morning, after Ofcom revealed that it proposes reducing ITV’s public service broadcasting commitments.According to reports, ITV shares soared to 46.25p this morning and were trading at 45.75p at 10am, an 8.28% increase from yesterday’s close of 42.25p.ITV has identified around £40 million of savings it… Continue reading ITV Share Price Soars Following Ofcom’s Review

Sony and Future have teamed up to develop the first weekly digital magazine to be made available via the PlayStation network.Future, the specialist magazine publisher, and Sony will produce a magazine that will allow gamers to download interactive content directly onto their PlayStation 3 consoles.Earlier this year, Future launched a monthly digital programme of articles,… Continue reading Gaming Magazine Set To Be Made Available On PS3

The last in the series of Channel 4’s The Secret Millionaire banked more than 3.5 million peak viewers last night.The programme, with millionaire Caroline Marsh, attracted an average of 3.3 million viewers and a 15% audience share between 9pm and 10pm.BBC One’s Mutual Friends drama with Marc Warren came a close second with 3.1 million… Continue reading The Secret Millionaire Finale Draws In Over 3.5 Million Viewers

Archant has today announced the appointment of Adrian Jeakings as Chief Executive to replace John Fry, who was headhunted by its rival company earlier this week.Fry announced he was leaving Archant to join Johnston Press on Monday, after six years at the company – he is due to leave on December 31 (see Johnston Press… Continue reading Archant Names Fry Replacement

Diet Coke is set to extend its sponsorship of heat radio’s flagship show – The ‘diet Coke’ break.Bauer’s heat radio features The ‘diet Coke’ break programme weekdays between 2pm and 5.30pm with Rachael Hopper.The new sponsorship deal was arranged between Bauer Brand Solutions and Vizeum’s creative solutions director, Zoe Schmid.Schmid said: “The ‘diet Coke’ Break… Continue reading Diet Coke Signs Extended Sponsorship Deal With Heat Radio

ITV1’s new drama starring Juliet Stevenson debuted last night with more than six million viewers, knocking BBC One’s New Tricks off its usual Monday evening top spot.Place of Execution, which saw Stevenson playing a journalist working on a documentary about a girl who disappeared, attracted over 6.3 million peak viewers and a 26% audience share… Continue reading ITV1’s New Drama Races Ahead Of New Tricks

The Sun is set to kick start its new outdoor poster campaign, featuring a till receipt reading “All for just 30p” to highlight its reduced cover price.The campaign will appear on more than 10,000 six-sheeter posters and 60 larger portrait sites for a two week period.Euro ESCG developed the advert to emphasise the paper’s “breadth… Continue reading The Sun Kicks Off A New Campaign To Highlight Its 30p Cover Price

The Independent unveiled its full colour revamp today, in a move to “ease navigation” between newspaper sections.The revamp also includes a new “consumer focused” supplement called ‘Independent Life’, which replaces the Extra section.Roger Alton, The Independent‘s recently appointed editor, introduced the colour-coded system to take advantage of the new full-colour presses.He said: “The Independent has… Continue reading The Independent Gets Colourful Revamp

Sir Martin Sorrell has warned that the economic crisis surrounding the financial markets is likely to make 2009 even bleaker and predicted that things may not improve until 2010.Speaking at an event organised by the industry charity Nabs, the WPP chief executive said: “The next 15 months are not going to be easy.”Sorrell said the… Continue reading Sorrell Warns Economic Crisis Will Not Lift Until 2010

The Carphone Warehouse has bid £150 million less than expected for Tiscali, valuing the broadband company at under £450 million.Tiscali had been expecting closer to £600 million when it put itself up for sale in May this year.JP Morgan and Banca IMI are still handling negotiations on Tiscali’s behalf, months after the company’s end of… Continue reading The Carphone Warehouse Bids £150m Less For Tiscali