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eBay is to separate online telephone service Skype from its main business in a stockmarket flotation. The online auction company has announced that it will launch a public offering of shares by the first half of 2010. John Donahoe, eBay’s president and CEO, said: “Skype is a great stand-alone business with strong fundamentals and accelerating… Continue reading eBay announces plan for 2010 initial public offering of Skype

The internet will overtake traditional TV as the most consumed form of media for the first time in June 2010 if current growth trends continue.According to a new report from Microsoft, internet consumption in 2010 will average 14.2 hours per week, or over 2.5 days a month, compared to 11.5 hours a week, or 2… Continue reading Microsoft: Internet to overtake TV as most consumed form of media

Magna Global has released a new US forecast predicting that DVR subscriber households will hit 51.1 million (43% of US TV households) by the end of 2014, up from 29.8 million (27% of TV households) at the end of 2008. Over the 10 years between 2004 and 2014, Magna estimates that DVRs will contribute to… Continue reading US DVR subscriber households to hit 51.1m by end of 2014

A new report from media analyst Screen Digest predicts that online advertising will fall 5% in 2009. Screen Digest’s 2009 report, based on the US IAB’s recently released full year report for 2008, said that while internet advertising grew 10% in 2008, the fourth quarter was almost flat at +2.6%, a significant change from the… Continue reading US online advertising forecast to fall 5% in 2009

Britain’s Got Talent stormed back onto the nation’s screens on Saturday night, with a strongman who pulled a car with his ear helping the show to pick up a peak audience of 11.4 million viewers for ITV1.On for an hour and a half from 7.30pm, the show had a peak share of 49.2% of the… Continue reading Strong return for Britain’s Got Talent

Universal Music Group (UMG) is working with Google’s YouTube to launch a new music and video entertainment service featuring UMG’s premium video content.Called Vevo, the ad-supported service will launch later this year, with the technology infrastructure provided by YouTube.On YouTube, this content will be exclusively available through VEVO.com and a new VEVO channel through a… Continue reading Universal Music and YouTube to launch music video service Vevo

A new report from media analyst Screen Digest predicts that online advertising will fall 5% in 2009.Screen Digest’s 2009 report, based on the US IAB’s recently released full year report for 2008, said that while internet advertising grew 10% in 2008, the fourth quarter was almost flat at +2.6%, a significant change from the first… Continue reading US online advertising forecast to fall 5% in 2009

Steve Atkinson, group sales director at Clear Channel Outdoor UK, looks at how the world’s oldest medium is harnessing the power of mobile technology…

The Local Radio Company (TLRC) has rejected a £1.25 million takeover bid from radio group UKRD.Last week, Hallwood Financial made an offer of £1.8 million for TLRC, following which TLRC independent non-executive director John Perriss strongly recommended the company’s shareholders reject the bid from UKRD.UKRD owns stations including Pirate FM 102 in the West Country… Continue reading Local Radio Company turns down UKRD bid

The Local Radio Company (TLRC) has rejected a takeover bid from rival radio group UKRD. Last week, Hallwood Financial made an offer of £1.8 million for TLRC, following which TLRC independent non-executive director John Perriss strongly recommended the company’s shareholders reject the £1.25 million offer from UKRD. Hallwood Financial already owns 28% of TLRC and… Continue reading Local Radio Company turns down UKRD takeover offer