Yahoo! has turned down Microsoft’s $45 billion (£23 billion) takeover bid, saying that it substantially undervalues the company.However, a deal could still go ahead if Microsoft returns with an improved offer.In a statement released this afternoon, Yahoo! said: “After careful evaluation, the board believes that Microsoft’s proposal substantially undervalues Yahoo! including our global brand, large… Continue reading Yahoo! Turns Down Microsoft Takeover Bid

It was another big week for media news in the City, with reports that Google had approached Yahoo! about a possible link-up to fend off Microsoft’s advances.At the start of the week Google raised objections to Microsoft’s $44.6 billion bid for Yahoo!, saying that a takeover would create a business with an overwhelming share of… Continue reading Media In The City: Google Approaches Yahoo! About Possible Partnership

BBC director general Mark Thompson has said that a download version of the iPlayer for Apple Mac users is to launch this year.The iPlayer is currently available in two versions: a program allowing users to download shows to their Windows PC and a streaming version available to all users.Writing in a blog posting on the… Continue reading BBC To Launch iPlayer Download For Macs In 2008

Hard bitten cop Gene Hunt returned to our screens last night in the follow up series to time travelling period piece Life On Mars, catching villains in ’80s London in Ashes To Ashes.Hunt (Philip Glenister) has been joined by a new time-warped sidekick in the shape of Alex Drake (Keeley Hawes), stranded in 1981 after… Continue reading Ashes To Ashes Leaves Competition For Dust

The latest forecast from Attentional suggests that a number of factors will combine to offer a brighter than anticipated future for UK television over the next five years.Attentional said that one factor behind this trend is the rapid conversion of older viewers to digital platforms, where the availability of extra channels means they tend to… Continue reading Bright Future For UK TV

Last week was jam-packed with city news, as Microsoft announced that it was making a bid for Yahoo! and the government decided that Sky must reduce its stake in ITV.On Friday it was revealed that Microsoft had launched a $44.6 billion takeover bid to buy Yahoo!, saying that it is confident of delivering up to… Continue reading Media In The City: Microsoft Makes Move On Yahoo!

The latest RAJAR figures, for Q4 2007, show that BBC Radio 2 remained the national station with the highest weekly reach, of more than 12.8 million listeners. However, it was down both period on period and year on year, by 1.5% and 3.4% respectively.BBC Radio 1 was up period on period by 1.1% to around… Continue reading BBC Radio 2 Sees Weekly Reach Decline

comScore has released its December rankings of the largest and fastest-growing internet properties and site categories in the UK, based on data from the comScore World Metrix audience measurement service.“The Christmas season had a significant impact on the prevailing traffic trends in December,” said Bob Ivins, EVP of European Markets for comScore.“Eight of the top… Continue reading Fastest Growing Internet Properties In December

Q4 2007 RAJAR figures show that Magic FM (London) once again had the highest weekly reach in the Capital, at almost two million listeners, after a year on year rise of 9.9%.However, the station was down by almost 2.9% period on period.Its share of listening, at 6.1%, was up 10.9 percentage points year on year,… Continue reading Magic FM Still Has Top Reach In London

The latest RAJAR figures, for Q4 2007, show that 16.6% of all radio listening Is now done via a digital platform, up from 15% in the previous quarter.The figures show that 9.9% of all radio listening is via DAB ( v 8.6% in Q3 2007), 3.1% via DTV (vs. 3.0% in Q3, 2007) and 1.9%… Continue reading Over 16% Of All Radio Listening Now Via Digital