AOL has acquired online advertising company Quigo, in a deal that could be worth over $300 million, according to AOL chairman and CEO Randy Falco, who was speaking at yesterday’s IAB Engage 2007 conference in London.Quigo has developed online advertising technology that makes it easier for people to receive targeted ads. Falco said that the… Continue reading AOL Buys Targeted Ad Company In $300m Deal

US online adspend will more than double as a percentage of total media, rising from a 6% share of total media in 2006, to slightly more than a 12% share in 2010, according to a new forecast from eMarketer. In roughly the same period, eMarketer predicts that online spending will nearly treble, rising frmo $16.9bn… Continue reading US Online Adspend To More Than Double

The global mobile-gaming market suffered a reversal of fortune in the second quarter of 2007 as revenues for title publishers declined by 9%, compared with 11% growth in the first quarter, according to a new report from iSuppli Corp. David Carnevale, vice president, multimedia content and distribution for iSuppli, said: “While growth compared to the… Continue reading Global Mobile Gaming Revenue Falls in Q2

About one quarter of households in the US have at least one television set capable of receiving high definition programming (HDTV) – essentially double the penetration of HDTV two years ago, according to new consumer research from Leichtman Research Group (LRG). However, LRG found that consumer confusion related to high definition programming and products remains… Continue reading Rapid Growth Of US HDTV Continues

Telegraph Media Group suffered a pre-tax loss of £8.8m in 2006, according to results filed with Companies House. The group’s operating profits after one-off items were left at £10.8m, up from a loss of £12.1m in 2005. These are the second accounts for a full year’s trading since the Telegraph was acquired by Sir David… Continue reading Pre-Tax Loss For Telegraph Media Group

Virgin Media has announced operating income of £47m for the third quarter of 2007, up from £3m in the second quarter. However, the results show that the group’s operating income experienced a year on year loss of £9.6m. Virgin Media’s total revenue was £1bn, up from £995m in Q2, although down slightly year on year.… Continue reading Virgin Media Enjoys Operating Profit Rise

JCDecaux has announced a 9% year on year increase in revenues for the nine months ended 30 September 2007, €1,506.9 million compared. Excluding acquisitions and the impact of foreign exchange, organic revenues rose by 8.6% for the first nine months of 2007. In the third quarter, revenues increased by 11.8% to €487.9 million. Excluding acquisitions… Continue reading JCDecaux Announces 9% Revenue Increase

ITV’s submission to the Competition Commission asks that BSkyB is forced to dispose of its entire 17.9% stake, as it gives the satellite broadcaster a “material influence” in ITV’s plans for future investments. According to ITV’s submission, the “only remedy” to the problem of Sky’s influence over its own decisions on future investments is the… Continue reading ITV Wants Sky To Dispose Of Its 17.9% Stake

Orange is to launch its IPTV service before the end of the year, with plans to offer a hybrid VoD and Freeview package.Tim Pearson, director of IPTV at Orange UK, told Media Week that with the IPTV platform coming on stream, the company is looking at offering clients the ability to run campaigns across its… Continue reading Orange To Launch IPTV Service This Year

Liverpool might have picked up a record win in the footer on ITV1 last night, but it was not enough to beat the drama double-whammy on BBC One, with Holby City and Spooks grabbing more adult viewers.On at 9pm, Spooks had a peak of 5.3 million adults, a 24.5% share of the audience, with an… Continue reading Liverpool Beaten By BBC One