The high demand for Carphone Warehouse’s “free” broadband service has increased the losses it expects to make for the year to £70 million. The strong demand has added approximately £20 million in additional costs, although no impact is anticipated in March 2008 financial year. In its second quarter results, Carphone Warehouse said that total connections… Continue reading Increased Broadband Costs For Carphone Warehouse

Carphone Warehouse has announced that it is to acquire AOL UK for £370 million. Under the agreement, Carphone Warehouse will acquire AOL’s customer base in the UK as well as the supporting management and infrastructure, whilst AOL will provide co-branded portal, content and other audience services and will manage the online advertising sales for Carphone… Continue reading Carphone Warehouse To Acquire AOL UK

VNU, the parent company of Nielsen Media Research, has announced that it is proposing to acquire the 39.5% stake in NetRatings that it does not already own. Nielsen is currently increasing its efforts to integrate its TV ratings systems with NetRatings online audience estimates to make a product that would enable advertisers and agencies to… Continue reading VNU Could Acquire Rest Of NetRatings

The proportion of UK households with broadband will almost double, from 34% at the end of 2005, to 64% three years later, according to a new report from Point Topic. Remote rural areas where penetration is lowest at the moment will grow fastest and catch up with the rest of the country to some extent… Continue reading 64% Of UK Households On Broadband By 2008

US terrestrial radio operators experienced a 5% sequential increase in unique visitors to their websites in August, according to the JPMorgan & Co Internet Radio Scorecard. The report shows that internet radio operators were down 3.5% during the month, with unique visitors on internet radio operators’ sites increasing 1.5% each month since August 2005. Meanwhile,… Continue reading Visitors To US Internet Radio Sites Decrease In August

European internet users’ time spent online has overtaken that spent reading newspapers and magazines, according to a new report from JupiterResearch. The report shows that European users now spend an average of four hours per week online, compared with just two hours in 2003, while time spent on newspapers and magazines is just three hours.… Continue reading Europeans Spend More Time Online Than Reading Newspapers

Setanta Sports is to offer a subscription channel on Freeview, meaning that any home with a set top box will be able to receive the channel for a monthly fee.Viewers will be able to take the channel on a stand-alone basis and not have to pay for a package deal, as is the case with… Continue reading Setanta Sports To Offer Channel On Freeview

Google has acquired YouTube, the video sharing website, for $1.65 billion (£884 million) in a stock-for-stock transaction. When the acquisition has been completed, YouTube will retain its brand identity and strengthen and complement Google’s own video business. In a statement, Google said that the number of Google shares to be issued in the transaction will… Continue reading Google Acquires YouTube For $1.65 Billion

Five has signed a multi-million pound film deal with Sony Pictures Television International (SPTI), which will see the full portfolio of 2006/7/8 feature films debut on the channel.The package includes major movies such as The Da Vinci Code and Spiderman 3. The deal also includes a broad selection of library titles from Sony Pictures for… Continue reading Five Signs Film Deal For Flagship And Digital Channels

Mike Clasper, the former BAA chief executive, has pulled out of the race to take over from former ITV chief executive Charles Allen, and speculation has re-emerged that Sir James Crosby, the former chief executive of HBOS, has also withdrawn.According to a report in yesterday’s Sunday Times, investors in the broadcaster are increasingly concerned that… Continue reading Another Candidate Pulls Out Of Race For ITV Top Job