Carlyle, the US private equity company bidding for Virgin Media, could axe the Virgin brand name if its takeover is successful. Yesterday’s Observer reported that the move, which would cut ties with Sir Richard Branson, could pave the way to a reconciliation with Sky following the dispute over Virgin’s carriage of the Sky’s basic channels.… Continue reading Virgin Media Bid Firm Could Axe Branson Link
ARCHIVE ▸ The Media Leader Staff
The Dow Jones board is still looking for an alternative bid to Rupert Murdoch’s, as it enters the final phase of negotiations with News Corporation. A report in today’s Financial Times says that the ad-hoc committee of Dow Jones directors is set to meet today with California billionaire Ron Burkle to discuss a possible purchase… Continue reading Dow Jones Still Seeking Alternative Bidders
A new estimate from the National Institute of Economic and Social Research (NIESR) projects that the output of the UK economy in the three months ending in June was 0.7% higher than in the previous three months. NIESR’s track record of producing early estimates of GDP suggests that its projection for the more recent three-month… Continue reading UK Economic Output Grows 0.7%
The global in-game advertising market, which generated $77.7 million globally in 2006, continues to develop at an exponential rate, according to new research from Yankee Group. By 2011, Yankee Group says that worldwide in-game advertising expenditures (fixed product placement/static ads and dynamic ads) will grow to $971.3 million. According to the Advertising and Games: 2007… Continue reading In-Game Ad Market Growing At Exponential Rate
Nearly half (47%) of all adult Americans now have a high-speed internet connection at home, according to new research from the Pew Internet & American Life Project. Among individuals who use the internet at home, 70% have a high-speed connection while 23% use dialup. The number of Americans with broadband grew 12% from 2006 to… Continue reading Nearly Half Of US Adults Have Broadband At Home
Premium-rate phone regulator Icstis has imposed its highest ever fine, of £150,000, on Eckoh, the service provider on Richard & Judy‘s ‘You Say, We Pay’ phone-in quiz.Icstis ruled that Eckoh misled viewers by actively encouraging them to enter the competition after the potential winners had already been selected.In addition to the fine, the regulator has… Continue reading Record Fine For Richard & Judy Phone Quiz Operator
New research from Ofcom has found that the UK’s digital terrestrial TV platform could carry at least four high definition channels.Speaking at the Westminster Media Forum on HD, Paula Guest, strategy manager of Ofcom’s Digital Dividend Review, revealed that the regulator has now entered into discussions with public service broadcasters over the findings.The Ofcom research,… Continue reading Four HD Channels Possible On DTT Says Ofcom
Daily Mail and General Trust (DMGT) has bought 25 weekly regional newspapers from Trinity Mirror for £64.15 million. Trinity Mirror is selling Kent Regional Newspapers, East Surrey and Sussex Newspapers and Blackmore Vale Publishing, which form part of its regional business in London and the South East. The three businesses are being acquired by Northcliffe… Continue reading DMGT Buys 25 Trinity Mirror Regional Titles
Rupert Murdoch’s $5 billion (£2.5 billion) bid for Dow Jones, owner of the Wall Street Journal, has finally been accepted, with a formal announcement expected next week. According to a report in Business magazine, the announcement is expected next week once the majority shareholders, the Bancroft family, have formally agreed to the sale. News Corp… Continue reading Murdoch Dow Jones Deal Set To Go Ahead
New research from Thinkbox has revealed that UK adults spent more time watching broadcast TV in May than the equivalent month 10 years ago.Thinkbox said that viewers are spending an increasing amount of time watching commercial TV, with figures released by BARB showing that UK adults have consistently increased their TV viewing time over the… Continue reading TV Viewing On Increase Says Thinkbox