Telefonica executives are to meet today to discuss the sale of its production subsidiary Endemol. Options which could be discussed at the board meeting in Madrid include an open auction or an invitation to the major groups who have shown an interest in the Big Brother producer. Groups which have been linked to the sale… Continue reading Telefonica Board Meets To Discuss Endemol Sale

Vincent Bollore could be about to call for another extraordinary general meeting of Aegis shareholders as he attempts to finally have his candidates placed on the board. If it goes ahead, this will be the third EGM Bollore has called. Currently with a 29.1% share in Aegis, Bollore’s attempts to have his candidates, Philippe Germond… Continue reading Bollore Could Call Third Aegis EGM

Pre-tax losses at Times Newspapers, owner of the Times and the Sunday Times, increased by 72% from £46.9 million to £80.7 million in the year to the end of June 2006. According to accounts filed at companies house, there was a £31.3 million charge to cover the cost of planned redundancies at News International’s printing… Continue reading Pre-Tax Losses Increase At Times Newspapers

Omnicom has announced that its net income for the fourth quarter of 2006 increased 9.7% to $277.2 million from $252.6 million in the fourth quarter of 2005. The company’s worldwide revenue increased 9.4% to $3,2162.2 million from $2,939.4 million in the fourth quarter of 2005, whilst its domestic revenue for the fourth quarter of 2006… Continue reading Omnicom Records Net Income Increase

Virgin Media has today announced a content programming deal with HBO, including smash-hit series like The Sopranos, Six Feet Under and Entourage.The deal marks HBO’s first entry into the UK market place. At least 50 hours of premium programming will be available upon full roll-out, through Virgin Media’s TV-on-demand service.The HBO subscription service will be… Continue reading HBO Launches On Virgin Media VOD Service

Ofcom will today start a review of the future of children’s programming in the UK as part of its overall programme investigating the future of public service broadcasting (PSB) in the digital age.The project will look at the state of children’s media in the UK, examine the role of television within this, explore prospects for… Continue reading Ofcom Begins Review Of Children’s Programming

ITV has announced that Sir James Crosby is to be appointed as senior independent director and chairman of the nomination committee of the board. Crosby, 50, replaces Sir George Russell and will serve as an independent representative for shareholders to contact. Sir George Russell, deputy chairman, said: “I am very pleased that James has accepted… Continue reading New Senior Independent Director For ITV

A new report from eMarketer shows that the US remains the single largest internet market in the world with 181.9 million internet users in 2006, although China is likely to take the lead before the decade is out. Ben Macklin, eMarketer senior analyst and the author of the new Worldwide Internet Users: 2005-2011 report, said:… Continue reading US Remains Largest Internet Market In The World

Two thirds of US internet users watch television whilst surfing the net, according to a new report from eMarketer. As consumers become flooded with more media, they are finding ways to make room for it rather than letting some of it go, says the online market research company. Though teens are more likely to do… Continue reading US Internet Users Watch TV Whilst Online

January saw several advertising forecasts released for the year ahead, with many of them placing online adspend at the forefront of expected growth. The Long Term Advertising Expenditure Forecast, compiled by the World Advertising Research Center (WARC) on behalf of the Advertising Association forecast that advertising expenditure will increase by up to 36% in real… Continue reading INSIGHTanalysis: Media Healthcheck – January 2007