Lord Conrad Black, former chief executive of Hollinger Inc, has told the company’s board that he plans to turn the Toronto-listed company private. According to a report by the Guardian, Lord Black said last night, he had broken the news of the $40 million funding proposal he received from the Black family’s investment vehicle, Ravelston,… Continue reading Black Plans To Turn Hollinger Private

MTV has announced that leisure brand O’Neill will renew its pan-European sponsorship of extreme sports programme, Mono, for a third series.Mono, which runs from now until February 2005, will showcase some of the world’s most extreme sports and daredevil stunts. It features a mix of snowboarding, skateboarding, freestyle motorcross and BMX-ing set to a range… Continue reading MTV Secures O’Neill To Renew Extreme Sports Sponsorship

Associated Newspapers is believed to be considering plans to launch a free lunchtime version of the Evening Standard in a bid to strengthen its position in London ahead of the arrival of Richard Desmond’s new title.Reports suggest that the so-called Standard Lite will launch in November with fewer pages than the paid-for edition in an… Continue reading Standard Considers Launching Afternoon Free-Sheet

Almost half of all mobile customers can now access the internet via their phones, according to the latest quarterly figures from the Mobile Data Association.The data from UK network operators 02, Organge T-Mobile and Vodafone shows that the number of WAP-enable devises topped the 24 million mark in the three months to June, an increase… Continue reading Half Of UK Mobile Customers Now Use WAP Services

The Telegraph Group has negotiated to retain the services of Jeremy Deedes as vice chairman, extending his role at the company beyond the initial period when he was brought out of retirement to oversee its sale earlier this year.Deedes’ long-term return to the newspapers will no doubt be welcomed by staff, as the broadsheet boss… Continue reading Telegraph Retains Deedes As Group Vice Chairman

Telecoms giant, British Telecom (BT), is in advanced talks with a number of broadcasters, including BSkyB, ITV and the BBC to discuss the possibility of delivering popular television programmes over high-speed internet connections. According to a report from Ovum analyst, John Delaney, BT has plans to break in to the pay-per-view television market with the… Continue reading BT In Talks To Offer Advanced Freeview

US based group Akimbo, has launched the first ever internet-to-television video-on-demand service and has struck a lucrative deal with Amazon, who will sell the Akimbo Player. The new set-top box allows access to thousands of programmes via broadband internet, which consumers can download to their Akimbo player and view on-demand on their television set. The… Continue reading Akimbo Launches Broadband VoD Service

The European Union has unveiled plans of its new â‚Ź7.5 million project that will allow TV-buffs to manipulate films to make a more personalised version. The New Media For A New Millennium (NM2) project, aims to allow viewers to participate in story lines that they create, as well as being able to have an input… Continue reading Personalised TV Backed By EU Project

Advertising group, Omnicom, beat Wall Street expectations, as third quarter worldwide revenue climbed by 14% a year ago to $2,319 million. Revenue in the US alone reached $1,261.3 million, climbing 14% year-on-year, while international revenue increased 15% to $1,057.7 million. Net income from July to September grew by 17% to $145.3 million from $124.6 million… Continue reading Omnicom Q3 Profits Up 14%

Outdoor advertising group, JCDecaux, has added to the record-breaking results it achieved in the first half of this year, as third-quarter revenues topped expectations, climbing by 7.9% to â‚Ź375.3 million. Over the nine month period from January to September, revenues climbed by 5.6% to â‚Ź1,167.6 million, spurred by a strong performance across all of the… Continue reading Another Record Quarter For JCDecaux As Revenues Climb By 8%