More Industry News articles

Independent News & Media is in talks with banks and bondholders about extending its debt standstill deal, according to a Financial Times report. The publisher of the Independent has a standstill agreement in place which is due to expire on Friday. If an extension is agreed INM will avoid going into examinership, or bankruptcy protection.… Continue reading INM negotiating debt standstill extension

BBC One’s Live Golf coverage dominated the ratings yesterday, peaking with a high of more than 5.3 million viewers.Around 3.3 million average viewers tuned in to watch The Open Championship, securing BBC One with a impressive 24.2% audience share between 12.50pm and 7.30pm.American Stewart Cink triumphed over his rival Tom Watson by six shots in… Continue reading Overnights: The Open hits a high of 5.3m viewers

BBC One’s popular New Tricks returned with a high of 8.1 million viewers during the all-important peak hour last night.The first episode of the new eight-part detective series, starring Alun Armstrong and Amanda Redman, attracted more than 8 million average viewers and a 34.1% share between 9pm and 10pm, putting BBC One well ahead in… Continue reading Overnights: New Tricks kicks off with over 8m viewers

Google’s market monopoly will end one day, according to a hopeful panellist at MediaTel Group’s ‘Future of National Newspapers’ seminar yesterday.Walker Media’s chairman and chief executive Phil Georgiadis thinks Google’s dominance will cease, or at least change, although he admitted he has said that a few times before.Georgiadis said: “It’s a big mistake to believe… Continue reading Google’s dominance will cease

There was a clear difference of opinion over News International’s strategy at MediaTel Group’s ‘Future of National Newspapers’ seminar in London yesterday.Founder of Enders Analysis, Claire Enders, attacked News International’s strategy, accusing Rupert Murdoch of simply following the latest “fashion”.Taking the audience back as far as the launch of Sky – when the business model… Continue reading Enders questions Murdoch’s strategy

Scottish ITV franchise holder STV has launched an online video-on-demand service called STV Player.The VoD service, available on www.stvplayer.tv, lets viewers watch a selection of programmes up to 30 days after broadcast free of charge, as well as archived programmes.It also allows users to click from individual episodes straight to the corresponding programme page on… Continue reading STV launches online VoD service

Search giant Google saw net profits rise 18% to $1.48 billion (£901 million) in the three months to the end of June.Revenues were up 3% year on year to $5.52 billion (£3.36 billion) with Google saying the increases were due to “responsible efforts to manage expenses”.Chief executive Eric Schmidt said: “Google had a very good… Continue reading Google reports 18% rise in profits

The paid-for model is the key to reviving the deteriorating newspaper industry, according to some panellists at MediaTel Group’s ‘Future of National Newspapers’ seminar yesterday.Two decades of free content has led to an over-supply, according to News International’s Paul Hayes, who later confirmed that Rupert Murdoch plans to charge a “fair price” for both print… Continue reading Paid-for model is the key

Regional newspaper publisher Newsquest suffered a 36.9% year on year fall in advertising revenue in the second quarter of 2009. However, Newsquest said that June was its strongest month since the start of the advertising slump. Classified advertising fell 45.2% year-on-year fall in the second quarter. Within classifieds, recruitment ad revenue fell 55.6%, property ads… Continue reading Newsquest advertising revenue falls 36.9%

Google has reported an 18% increase in net profits for the three months to the end of June, to $1.48 billion (£901 million). Revenues were up 3% year on year to $5.52 billion (£3.36 billion) with Google saying the increases were due to “responsible efforts to manage expenses”. Chief executive Eric Schmidt said: “Google had… Continue reading Google reports profits increase