Rupert Murdoch has walked away from what many considered the ‘dream’ deal of his career – one which would have made him the greatest TV mogul ever, reaching more people in more countries than anyone else in history. For the past six months Murdoch’s News Corp has cogitated, negotiated and restructured in order to engineer… Continue reading Murdoch Walks Away From ‘Dream’ DirecTV Deal

Rupert Murdoch, frustrated by delays and months of torturous negotiations, has walked away from what many considered the ‘dream’ deal of his career – one which would have made him the greatest TV mogul ever, reaching more people in more countries than anyone else in history. For the past six months Murdoch’s News Corp has… Continue reading Insight Analysis: Murdoch Walks Away From ‘Dream’ DirecTV Deal

As predicted, WPP has launched an appeal against yesterday’s decision by the Takeover Panel concerning its desired withdrawal from the 555p-a-share offer it made for Tempus in August. The panel ruled that WPP was not permitted to invoke the Material Adverse Change clause in its initial offer for Tempus and that the £434 million takeover… Continue reading WPP Appeals Against Takeover Panel Decision

Troubled digital terrestrial broadcaster, ITV Digital, has beaten its internal subscriber growth targets for the third quarter, according to a statement released by co-owners Carlton Communications and Granada this morning. The companies say that ITV Digital gained 82,000 customers in the quarter to September, pushing its total customer base to 1.2 million, up 36% year… Continue reading ITV Digital Reduces Costs And Grows Subs 36% In Q3

SMG has today announced that its review of staffing levels (see SMG Offers All Employees Voluntary Redundancy) will result in a maximum of 95 redundancies across its operations by the end of 2001. This represents around 5% of the media company’s total workforce. Of the 95 redundancies, 17 are management positions. Whilst a further 52… Continue reading SMG Makes 95 Cost-Cutting Redundancies

Acquisitions play a large part in the fortunes – or otherwise – of WPP this year. First half revenues were up over 56%, largely due to the contribution made by last year’s big name acquisition Young & Rubicam (see Shareholders Approve WPP/Y&R Deal), along with several other smaller companies acquired along the way (see WPP… Continue reading WPP Warns Results May Suffer In ‘Very Difficult’ Year

The Takeover Panel has this morning ruled against WPP’s attempt to free itself from its 555p-a-share offer for Tempus Group (see Tempus Confirms WPP Offer). WPP had made a submission to the Takeover Panel in an attempt to invoke the Material Adverse Change clause in its initial offer citing the further deterioration of the ad… Continue reading Takeover Panel Rules Against WPP

colspan=”7″>UK E-Commerce Revenue Forecasts 2000-2005 

colspan=”7″>US E-Commerce Revenue Forecasts 2000-2005 

colspan=”7″>Western Europe E-Commerce Overview, 2002