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US mobile search and display advertising revenues are expected to grow to $3.1 billion by 2013, from $160 million in 2008, representing a compound annual growth rate (CAGR) of 81.2%, according to a forecast from The BIA Kelsey Group. The firm forecasts mobile local search advertising revenues will increase from $20 million to $1.3 billion,… Continue reading US search and display ad revenues to grow to $3.1bn by 2013

The National Magazine Company is set to cut its UK workforce by 15%, around 100 jobs, in a bit to reduce costs as the economic downturn continues.The magazine publisher, which is home to 20 titles including Good Housekeeping and Esquire, said the redundancies will affect all areas of its UK business, including both editorial and… Continue reading NatMags to slash 15% of UK workforce

Trade magazine publisher Centaur Media has reported an 86% year on year fall in pre-tax profits for the six months to the end of December. Centaur posted an adjusted pre-tax profit of £700,000 in the six months to 31 December. In the same period in 2007 the company made £5 million pre-tax profit. Earnings before… Continue reading Centaur Media’s pre-tax profits fall 86% year on year

Project Canvas, the joint venture to bring catch-up from the PC to the TV by BBC, ITV and BT, is set to cost £24 million to get up and running.BBC, ITV and BT hope to provide an open technology service so that viewers with Freesat or Freeview and a broadband connection can access catch-up and… Continue reading Project Canvas startup to cost £24m

ITV1’s Billy Connolly series Journey to the Edge of the World just pipped BBC One’s Crimewatch to the highest ratings during the all-important 9pm to 10pm peak slot.The second episode of the comedian’s journey through the remote regions of Canada pulled in 4.3 million average viewers and a 18.3% share, however, Crimewatch managed to the… Continue reading ITV1’s Billy Connolly picks up the peak-time ratings

Google is set to start placing advertising against search results on Google News in a bid to generate more revenue.The search giant plans to serve text ads next to headlines, which are delivered from more than 4,500 global news sites for the Google News service, in an attempt to generate income from all sources of… Continue reading Google set to serve ads in news results

Facebook is set to replace its advertising terms and conditions with a new ‘statement of rights and responsibilities’ with input from its users.The move comes after a mass of user complaints over how the social networking site users their data – in a bid to appease them, Facebook has said it will offer users an… Continue reading Facebook to replace advertising T&Cs

Luke Johnson, chairman of Channel 4, would rather see the broadcaster privatised than have it merge with ITV or Five.Although Johnson remains opposed to privatisation, he would prefer it to merging with ITV, which he said would be an “enormous poisoned pill”, adding “on a personal basis, I don’t see a lot of value in… Continue reading Channel 4 chairman rejects ITV/Five merger

Guardian.co.uk is set to launch its first optimised mobile site, following an increase in mobile users visiting the website.The site, which will be named M.guardian.co.uk, will be relaunched next month and is expected to be optimised for all phones including the Apple’s iPhone and the BlackBerry, according to reports.The Guardian hopes its new mobile content… Continue reading Guardian is set to relaunch mobile site

The average American watches more than 151 hours of TV per month, while those who watch video on the internet consume three hours online, according to data from The Nielsen Company. The Nielsen Q4 A2/M2 Three Screen Report also reveals that those who watch video on their mobile phone or other device do so nearly… Continue reading Average American watches more than 151 hours of TV per month