More Industry News articles

Time Warner now has 100% ownership of AOL after buying back Google’s 5% stake for $283 million.Google bought the shares in AOL for $1 billion in 2006 but the investment’s value has dropped significantly since then, according to reports.Time Warner’s purchase values AOL at less than $5.66 billion, excluding a cash distribution of unspecified size,… Continue reading Time Warner buys back AOL stake

A new 10 year partnership will see Microsoft’s Bing search engine power Yahoo! search while Yahoo! will provide the worldwide sales force for both companies’ premium search advertising.Under the terms of the deal, Microsoft will acquire an exclusive 10 year license to Yahoo!’s core search technologies, and have the ability to integrate Yahoo! search technologies… Continue reading Microsoft and Yahoo! confirm 10-year ad deal

Microsoft and Yahoo! have agreed a search and advertising deal that will be announced later today, according to reports.It is understood that the deal, which comes after Microsoft’s unsuccessful bid to buy Yahoo! last year (see Microsoft dismisses potential deal with Yahoo!), focuses on revenue sharing.US technology blog AllThingsD reported that for the first two… Continue reading Microsoft and Yahoo! could agree revenue sharing deal

Subscribers to Virgin Media’s XL pack will be able to receive the new ESPN sports channel for free from 3 August.The new channel, available in standard and High Definition, will feature live Barclays Premier League and Clydesdale Bank Premier League football and a range of other sports.As an introductory offer, Virgin is also making the… Continue reading Virgin Media XL subscribers to get free ESPN sports channel

Alexander Lebedev is not close to buying the The Independent and Independent on Sunday because the titles are not on the market, according to managing director Simon Kelner.In contrast to Lebedev’s claims that he discussed a possible deal with INM’s chief executive Gavin O’Reilly last week (see Lebedev hints at Indy purchaseLebedev hints at Indy… Continue reading Independent MD says title is not up for sale

Yahoo! Buzz, the online firm’s news recommendation site, hits the UK this week following its US launch two years ago.Like sites Digg and Reddit, Buzz lets users vote on and share online news stories from around the web.Its UK debut will come alongside a relaunch of Yahoo! Mail and follows last week’s redesign of the… Continue reading Yahoo! Buzz launches in the UK this week

Jimmy McGovern’s The Street drama continued to shine last night, securing the highest ratings for BBC One during the all-important peak hour with more than 4.4 million viewers.The third episode in the six-part series, starring Jonas Armstrong, held on to a 20.4% average audience share during the hour-long slot, despite competition from ITV’s comedy drama… Continue reading Overnights: The Street claims the top spot once again

The BBC has signed a new partnership deal with four leading newspapers to share its online video news content for the first time.The Daily Telegraph, Guardian, Independent and Daily Mail will now be able to feature certain BBC videos on their websites to supplement their own news material.Each newspaper will have access to video material,… Continue reading BBC to share online video content with newspapers

Blyk has teamed up with mobile network Orange UK in a bid to boost the scale of mobile advertising in the UK.The deal will put an end to Blyk’s current free-mobile credit model when the partnership kicks in after the summer.The ad-funded mobile network has acquired more than 200,000 users in the UK since it… Continue reading Blyk signs mobile partnership deal with Orange

IPC Southbank is set to redesign its fashion monthly Marie Claire to be “a glossier, smarter and sexier magazine”.Marie Claire‘s September issue will unveil the title’s new-look and new content, which includes a fresh shopping section ‘Straight into Style’, a new section on sex and relationships, more in-depth features such as ‘How to Look Expensive’… Continue reading Marie Claire set for revamp