Yahoo! is reportedly seeking to restart merger discussions with AOL in a bid to fend off the $45 billion (£23 billion) hostile takeover bid from Microsoft. A report in today’s Times says that the internet giant and its advisers from US investment banks Goldman Sachs and Lehman Brothers have spent the past week looking at… Continue reading Yahoo! Could Restart Merger Talks With AOL

GCap Media’s chief executive, Fru Hazlitt, has confirmed the intended sale of the group’s majority stake in Digital One, and a move away from DAB digital radio. The “radical but realistic” sets of measures are intended to boost profits and maintain long term growth for the company, which include the closure of some digital stations… Continue reading GCap Media Unveils “Radical” Profit Boosting Measures

Yahoo! has rejected Microsoft’s $45 billion (£23 billion) takeover bid, saying that it substantially undervalues the company. A deal could still go ahead if Microsoft returns with an improved offer, which according to reports might have to be in the region of $12 billion more. In a statement released this afternoon, Yahoo! said: “After careful… Continue reading Yahoo! Rejects Microsoft Takeover Bid

Reports in the trade press have suggested that GCap is planning to sell its majority stake in DAB multiplex Digital One.Recently appointed GCap chief executive Fru Hazlitt (see A Fresh Start For GCap With Hazlitt) is said be outlining her plans for the company to the City next Monday, where she is expected to detail… Continue reading GCap Could Sell Its Stake In Digital One

New owner Bauer Consumer Media has suspended NW and First Magazines from publication, ahead of next week’s consumer magazines ABC release.Bauer made the announcement in a statement from Marcus Rich, group managing director Bauer Advertising and Bauer London Lifestyle Magazines.The company said it would now enter into a month-long period of consultation with editorial staff.… Continue reading Bauer Suspends Publication Of NW And First

In January thelondonpaper saw its circulation rise by more than 6% month on month, giving it a total figure of over 500,000 copies.This was well ahead of the London Lite, which following an increase of around 2.5% now has a circulation nearing 400,000 .Paid-for title the Evening Standard also enjoyed a circulation upturn in January,… Continue reading thelondonpaper’s Circulation Up 6%

Nearly 80 million Americans (43% of the online population) have watched one of their favourite TV shows on the internet, up from 25% 12 months ago, according to new research from Solutions Research Group (SRG). A full 20% of the American online population said that they watch TV on the web on a weekly basis,… Continue reading 20% Of Americans Watch TV Online On Weekly Basis

comScore’s Video Metrix service for December 2007 has revealed that US internet users watched more than 10 billion videos online during the month, representing the single heaviest month for online video consumption since comScore initiated its tracking service. Top-ranked video property Google Sites saw substantial growth and extended its video market share gains, now accounting… Continue reading US Users Watched Over 10bn Videos Online In December

The latest forecast from Attentional suggests that a number of factors will combine to offer a brighter than anticipated future for UK television over the next five years. Attentional said that one factor behind this trend is the rapid conversion of older viewers to digital platforms, where the availability of extra channels means they tend… Continue reading Bright Future For UK TV

BT Vision has seen its subscriber numbers grow to more than 150,000 since its launch just over a year ago.According to BT’s quarterly results released today, the broadband TV service finished 2007 with 120,000 customers and has since added more than 30,000.BT Vision launched in 2006 (see Long Time Coming – BT’s Vision) and recently… Continue reading BT Vision Hits 150,000 Subscribers