Newspaper reports over the weekend have claimed the Guardian Media Group (GMG) is preparing to sell off its non-national newspaper titles, including the high profile Auto Trader series, in a move which could raise £1.7 billion.The sale would see GMG part company with Trader Media, its classified automotive division, as well as a possible sale… Continue reading GMG Mulling Asset Auction, Newspapers Claim

Today sees GCap Media launch the first ‘national-local’ network in UK radio, with eleven of its The Storm DAB licences rebranded under the Xfm network.The move will see a localised service offered to three DAB regions in the North East, South Coast and the Midlands, while a national service is broadcast to the remaining non-London… Continue reading GCap Widens Xfm Coverage With DAB Rebrand

Rula Lenska’s departure from the Big Brother house on Friday saw the station achieve the highest 16-34 audience of the evening, but was topped by BBC One’s Judge John Deed in the battle for adult audiences.The 9pm eviction show saw 1.9 million 16-34 year olds tune in to see the 57 year old actress leave… Continue reading Judge John Deed Overrules Big Brother Eviction

Broadband and TV firm HomeChoice is to be sold off by operator Video Networks Limited, according to newspaper reports over the weekend, with BSkyB rumoured to have shown interest in the firm.The report by the Sunday Express does not name its source, but claimed BSkyB had tabled an initial bid for the company, believed to… Continue reading HomeChoice Under The Hammer As Sky Takes An Interest

Sir Victor Blank, chairman of Trinity Mirror has announced that he will be retiring from the Board at the company’s annual general meeting in May.The outgoing chairman took up the position at the Mirror Group in July 1998, overseeing the merger between Trinity and the Mirror in 1999.Commenting on his departure, Sly Bailey, chief executive… Continue reading Trinity Chairman To Step Down

French media mogul and Havas chairman, Vincent Bollore, has continued his drive to acquire shares in UK marketing firm, Aegis, snapping up a further 2.9 million shares to push his stake in the company to 25.47%.Bollore’s latest acquisition builds on his long-running spending spree last year, which seemed to have halted as the entrepreneur reached… Continue reading Bollore Continues Aegis Share Purchase

Publishing group, Pearson, has acquired US professional testing business, Promissor, from Houghton Mifflin for £42 million, bringing with it educational contracts for the UK’s largest educational vocational awarding body, City and Guilds. Pearson will combine Promissor with its existing professional testing company, Pearson VUE, expecting the purchase to be earnings enhancing from 2007. Commenting on… Continue reading Pearson Buys US Testing Business

French entrepreneur and Havas chairman, Vincent Bollore, has continued to acquire shares in UK marketing firm, Aegis, purchasing a further 2.9 million shares pushing his stake in the company to 25.47%. Bollore has steadily been increasing his share in Aegis, fuelling industry speculation of a possible merger between the UK media company and Havas, of… Continue reading Bollore Pushes Aegis Stake To 25.47%

Newspaper reports over the weekend have claimed the Guardian Media Group (GMG) is preparing to sell off its non-national newspaper titles, including the high profile Auto Trader series, in a move which could raise £1.7 billion. The sale would see GMG part company with Trader Media, its classified automotive division, as well as a possible… Continue reading GMG to Sell Auto Trader

Sir Victor Blank, chairman of Trinity Mirror has announced that he will be retiring from the Board at the company’s annual general meeting in May. The outgoing chairman took up the position at the Mirror Group in July 1998, overseeing the merger between Trinity and the Mirror in 1999. Commenting on his departure, Sly Bailey,… Continue reading Trinity Chairman To Step Down