Rupert Murdoch has emerged as a potential bidder for Big Brother producer Endemol. A report in Spanish newspaper La Gaceta claims that Murdoch is interested in buying Telefonica’s 75% stake in the production company. Telefonica is expected to launch a formal auction for Endemol within weeks, says today’s Times, having tabled a meeting with Merrill… Continue reading Rupert Murdoch Could Bid For Endemol

The chief executive of BSkyB, James Murdoch, could leave in the summer in order to join his father, Rupert Murdoch, in the US.A report in yesterday’s Mail On Sunday, claims that James Murdoch will move to News Corp in the summer and will be replaced at Sky by the head of Sky Italia, Tom Mockridge.The… Continue reading James Murdoch Could Leave Sky

Sir Christopher Meyer, chairman of the Press Complaints Commission (PCC), has announced that the organisation has reached an agreement with publishers which will see it regulate audio-visual content, such as podcasts, on newspaper websites.Meyer was being interviewed on BBC News 24 where he welcomed the newspaper industry’s agreement to extending the PCC’s regulatory field, calling… Continue reading PCC To Widen Online Remit

Another racism row has broken out over a Channel 4 reality show, with Shipwrecked now the subject of complaints to Ofcom following racist comments made on last night’s programme.Shipwrecked, which was recorded five months ago, began yesterday evening and since it aired well over 40 people have complained to Ofcom after one of the contestants… Continue reading New Reality Racism Row For Channel 4

Helen Johnston, currently editor of Emap’s New Woman, has been appointed editor of IPC’s Now just months after overseeing a relaunch of the Emap title.Johnston has previously held senior posts at Grazia, Marie Claire and Cosmopolitan. She oversaw New Woman‘s revamp which saw it renamed NW following poor results in the latest consumer magazine ABCs.… Continue reading New Woman Editor Moves To Now

Pearson is on track to produce record profits in 2006 and expects adjusted earnings per share to come out at the top end of analyst’s expectations. The Financial Times publisher said that it continued to perform strongly through the fourth quarter of 2006, with all of its businesses trading well. Pearson Education sustained its good… Continue reading Pearson On Track For Record 2006 Profits

James Murdoch, chief executive of BSkyB, could leave the satellite broadcaster in the summer in order to take up a position at News Corp. According to a report in the Mail On Sunday, Murdoch will be replaced at Sky by the head of Sky Italia, Tom Mockridge. The US based News Corp is headed by… Continue reading James Murdoch Could Leave BSkyB

John de Mol is believed to be discussing with Disney the possibility of placing a joint bid for Endemol, the company he co-founded. According to reports in the trade press, de Mol and Disney are looking for a private equity firm to join their partnership and help finance the deal. Last week Dutch regulators announced… Continue reading Disney Could Join De Mol In Endemol Bid

The legal battle between Sir Frank Lowe and Interpublic Group (IPG), his former employer, has finished with an out of court settlement. IPG filed a claim against Lowe after his breakaway launch of Red Brick Road in January last year, following which he won the Tesco advertising business from Lowe London, valued at £45 million… Continue reading Lowe And Interpublic Settle Legal Dispute

Managing director of the International Monetary Fund (IMF), Rodrigo de Rato, has predicted that the global economy will remain robust throughout 2007. Speaking at the IMF annual press conference, de Rato said that after four years of strong growth, the IMF expects that global growth will remain solid in 2007, approaching 5%. He added that:… Continue reading IMF Predicts Robust Global Economy For 2007