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

French entrepreneur, Vincent Bollore has bought a further 2.9 million shares in media and communications company, Aegis, taking Group Bollore’s total interest in the business to 25.47%. According to a report in this mornings Times, Bollore also acquired an extra 0.35% in French advertising group, Havas. Since September Bollore has steadily been increasing his share… Continue reading Bollore Increases Aegis And Havas Stake

Peter Salmon will step down from his position as chief executive of the Television Corporation, taking up the role of chief creative officer of the company later in the year. Salmon, ex BBC director of Sport, joined TV Corp as group executive last summer, replacing Jeff Foulser who took up the role of director of… Continue reading Salmon To Step Down As TV Corp Chief Executive

Internet shopping in the UK rose by a almost 50% during the ten week run-up to Christmas 2005, with shoppers spending £5 billion online, compared with £3.33 billion during the same period in 2004. According to new figures from the Interactive Media in Retail Group (IMRG), sales peaked during the week commencing 5 December, with… Continue reading UK Online Shopping Up By 50% Over Christmas

Worldwide sales of music via the internet and mobile phones generated sales of $1.1 billion in 2005, up from just $380 million in 2004, with the market looking set to continue significant growth in the coming year. According to new figures from the International Federation of the Phonographic Industry (IFPI), digital music now accounts for… Continue reading Global Digital Music Sales Reach $1.1 Billion In 2005

Mobile phone handset manufactures will see their revenues fall in 2006, with a new study from iSuppli forecasting wholesale prices to drop by 9% in 2006. According to eMarketer the market may be over supplied, with 850 million handsets made in 2006, 40 million more than in 2005. Informa Telecoms & Media recently reported that… Continue reading Mobile Handset Providers To See Revenue Drop