Dissident investor Carl Icahn has joined Yahoo!’s board alongside two of his alternative slate of directors. The move comes after Icahn agreed to drop his proxy battle to oust the online company’s existing board. Icahn had proposed an alternative slate of directors for the Yahoo! board in an attempt to forge ahead with a potential… Continue reading Icahn Joins Yahoo! Board

Serious sports fans comprise 19% of overall online users in the US and represent one of the most lucrative audiences online, according to a new report from JuniperResearch. The report, titled Serious Sports Fans: Programming for a Lucrative Audience, found that 21% of serious sports fans, who tend to be younger males between the ages… Continue reading US Sports Fans Avid Consumers Of Online Media

Global advertising spend grew just over 4% in the first quarter of 2008, according to a the Nielsen Company’s Global AdView Pulse report. In the period from January to March 2008, ad spending in Africa grew by over 16%, and the Asia Pacific region recorded almost 10% growth. In the more developed regions of North… Continue reading Global Adspend Grew Just Over 4% In Q1

Almost nine out of ten (88%) UK mobile phone users are happy to receive pre-roll mobile ads in return for free content, according to 4th Screen Advertising’s new Adlndex for Mobile advertising effectiveness research, conducted by Dynamic Logic. The study, which ran from 31st March to 9th May, found that overall response to pre-roll ads… Continue reading Mobile Users Happy To Receive Ads For Free Content

CBS Outdoor has won a five-year contract to sell advertising on Newport Buses in Wales worth £1.3 million. It is the second consecutive deal between CBS Outdoor and the Welsh bus operator. Effective from 1 January 2009, CBS will be responsible for all interior and exterior ad opportunities, with the opportunity to target several thousand… Continue reading CBS Outdoor Wins Welsh Bus Contract

Metro International has announced that its operating profit fell from €3.6 million (£2.9 million) to €0.6 million (£0.49 million) in the second quarter. The company, which publishes freesheets across the world (although not the British Metro titles which are published by Associated Newspapers), also reported an overall net loss of was €1.9 million (£1.5m) Sales… Continue reading Metro International Reports Fall In Operating Profit

IPC Connect’s Pick Me Up has unveiled a refreshed look and format backed by a significant marketing investment.The new look Pick Me Up has a larger format, a new glossy cover, a cleaner logo, refreshed layouts and new editorial franchises alongside existing favourites.The design elements have been over-seen by IPC Connect group creative director Lottie… Continue reading Pick Me Up Unveils New Look

Amazon.com is launching a new streamed video-on-demand service offering 40,000 TV shows and films, according to reports.The new service streams the video as soon as a customer has paid for it, unlike the online store’s existing video download service Amazon Unbox which requires users to download a video to their hard drive before watching it.Speaking… Continue reading Amazon Launches Streamed On-Demand TV And Movie Service

Erik Huggers has been appointed director of BBC future media & technology, replacing Ashley Highfield.Huggers, currently group controller of the division, takes over from Highfield, who left the BBC to become CEO of video-on-demand service Kangaroo (see Highfield To Leave BBC For Kangaroo).In his new role, effective from 1 August 2008, Huggers joins the BBC… Continue reading BBC Appoints Erik Huggers Director Of Future Media

Global IPTV subscriber numbers have more than doubled for the second year running with an increase of 53% in the 12 months to 31 March 2008, according to a new report from The Broadband Forum. It also found that worldwide broadband subscribers have reached over 370 million with DSL remaining the most dominant access technology… Continue reading Global IPTV Subscribers More Than Double