Internet television service Joost has announced that five selected parties have collectively invested approximately $45 million in the company. The news comes just a week after the company, set up by the founders of Skype, was launched. Index Ventures, a European capital firm, Sequoia Capital, which has invested in Yahoo! and YouTube have taken small… Continue reading $45 Million Investment In Joost

On The Apprentice last night, Sir Alan wagged his finger once more and this time it was Adam who was told to get his coat and never darken the boardroom again.Adam became the eighth contestant to be fired by the Amstrad tycoon after his team failed a challenge which had them bartering over unicycles, leather… Continue reading Another Good Night For The Apprentice

Cinema admissions for Q1 2007 reached 39 million, a rise of more than 6% year on year, according to the Cinema Advertising Association.Simon Pegg and Nick Frost’s spoof action flick, Hot Fuzz, was reportedly the biggest hit at the cinema during a particularly healthy quarter for admissions. Since going on general release on Valentine’s Day,… Continue reading Q1 06 Cinema Admissions Bolstered Year On Year

Carat Sponsorship has conceived and negotiated with Viacom Brand Solutions an integrated title sequence for the interactive chart shows on MTV Hits and MTV Dance.The new sequence forms part of a sponsorship agreement with Beiersdorf’s NIVEA Lip Care Caregloss & Shine range.The deal was negotiated between Maria Donaldson (sponsorship exec, Carat Sponsorship) and Justin Stephenson… Continue reading Carat Creates First Sponsorship Package For MTV’s Interactive Charts

From today, BBC News 24 is being streamed live on the BBC News website, with viewers able to watch the latest breaking news streamed online to their computers by clicking on the “Watch Live” links found on the website front page.For the past few years the continuous news channel has been streamed through the website… Continue reading BBC News 24 Streamed Live On BBC News Website

Lesley Douglas, controller of BBC Radio 2 and 6 Music, has been appointed controller, BBC Popular Music.Keeping her current roles, Douglas will take on her new job as the BBC’s first controller of music with immediate effect.Douglas’ expanded remit includes responsibility for co-ordinating the full range of popular music output that is being produced across… Continue reading BBC Appoints New Popular Music Controller

Virgin Media’s customer base dropped to 4.81 million in the first quarter of 2007, with a net loss of 46,900 subscribers.Gross customer additions were down from 215,500 in the fourth quarter of 2006 to 184,300 in the first quarter of the year.Virgin said that this was in large part due to Sky’s removal of its… Continue reading Virgin Media Subscriptions Decline

Shaun Woodward, the broadcast minister, has said that the government would consider implementing a total ban on premium rate phone-ins if broadcasters do not clean up their act.Woodward warned broadcasters that the government took such breaches very seriously and would be prepared to intervene and legislate against them, in a move similar to Ofcom’s introduction… Continue reading Broadcast Minister Hints At TV Phone-In Ban

The nineteen largest cable and telephone providers in the US – representing about 94% of the market – acquired over 2.9 million net additional high-speed internet subscribers in the first quarter of 2007, according to new research from Leichtman Research Group. The top broadband providers now account for 56.2 million subscribers – with cable companies… Continue reading 2.9 Million Add High-Speed Internet In The US

Virgin Media’s total revenue for the first quarter of 2007 was £1 million, with the company saying that the majority of the decline from the previous quarter was due to a reduction in content segment revenue. The cable company’s revenues from its consumer cable operations were £637.3 million in the first quarter, up year on… Continue reading Virgin Media Releases First Quarter Results