UK publishing group, Pearson UK is reportedly facing growing pressures to sell its flagship publication, The Financial Times, after it emerged that Terry Smith, a city broker. has held talks with trade buyers about a bid for the newspaper.Smith, who is in a legal battle with the Financial Times, is thought to have approached various… Continue reading Pearson Under Pressure To Sell FT

All traditional media face significant challenges as technology takes the lead, but on the face of it, radio is particularly well positioned to benefit from digital, internet and mobile extensions.Recently, Capital Radio has announced a formal initiative to offer advertisers mobile interactivity on spot advertising across all of its stations; Virgin was already doing so… Continue reading Radio Leads Way In Digital World

UK publishing group, Pearson UK is reportedly facing growing pressures to sell its flagship publication, The Financial Times, after it emerged that Terry Smith, a city broker. has held talks with trade buyers about a bid for the newspaper. Smith, who is in a legal battle with the Financial Times, is thought to have approached… Continue reading Pearson Under Pressure To Sell Financial Times

United Business Media (UBM) has announced the sale of its market research arm, NOP World, to German company GfK Aktiengesellschaft for £383 million in cash. Earlier this year, UBM announced a review of strategic options for NOP World and a commitment that “if sold, the Board intends that UBM should return a substantial part of… Continue reading UBM Sells NOP To German Research Firm

Shareholders of radio groups Capital Radio and GWR Group have approved the merger of the two companies, creating a single broadcaster with control of more than 40% of the radio advertising market. At an Extraordinary General Meeting held earlier today, all other resolutions proposed, including changing the company name to GCap Media were passed by… Continue reading Shareholders Approve Capital GWR Merger

Consumer adoption of wireless broadband is predicted to rise, offering marketers new ways to reach customers, according to analysts eMarketer’s new report Wireless Broadband: The Future Around the Corner. eMarketer promises more bandwidth everywhere, in the home and office, on the street and on the road, creating new networking possibilities and a generally more streamlined… Continue reading Rise Of Wireless Broadband Adoption

Cable TV was predicted to enjoy an upturn in popularity, with Europe leading the way in terms of take up, at the MediaTelINSIGHT Future of Digital TV Seminar, held earlier this week. Sitting on the seminar discussion panel, journalist and broadcaster Ray Snoddy was optimistic about cable prevalence in the digital television market, pointing to… Continue reading UK Cable Revival Predicted As Europe Sees Growth

SwitchCo, the organisation that will officially oversee the nation’s switch to digital TV, has been launched, signalling a further step to the analogue switch off, planned to begin in 2008 and reach completion in 2012. The organisation will be in charge of keeping the rollout of digital television, region by region, to a timetable agreed… Continue reading SwitchCo Launched Despite Fears Raised Over Switchover Date

Future has announced that its bid for Highbury House Communications has lapsed following an earlier announcement from the Office of Fair Trading (OFT). The OFT refereed the proposed merger of magazine publishers Highbury House Communications and Future, to the Competition Commissions under provisions of the Enterprise Act, 2002. Future’s all-share bid for Highbury was announced… Continue reading Future Drops Highbury Merger After OFT Referral

Staff – MediaTel NewsLine Jim Kite, Universal McCann’s top research executive, has left the company’s global research division at the Interpublic unit, taking up the head research post at Publicis’ MediaVest unit to mark the latest high-profile defection from McCann’s senior management team.Last month saw Robin Kent replaced in the position of worldwide chief executive… Continue reading McCann Loses Kite As Wind Of Change Sweeps Management