More Industry News articles

Virgin Media could begin the sale of its content division within the next few weeks.A sales memorandum is expected to be issued following a board meeting later this week after publication of its fourth quarter results on Wednesday, said a report in MediaWeek.Virgin Media’s content division, thought to be worth about £500 million, includes assets… Continue reading Virgin Media could sell content division in next few weeks

Trinity Mirror is set to cut 70 journalists, almost a third of its editorial staff, from its Glasgow-based Scottish newspapers, including the Daily Record and Sunday Mail.As part of a radical shakeup at the publisher, editorial operations for Trinity Mirror’s Glasgow papers will be integrated, with the Daily Record editor appointed to the newly created… Continue reading Trinity Mirror set to make 70 redundancies

Swedish freesheet company Metro International has received a bid approach from an unnamed source. The Stockholm-listed company’s shares rose more than 60% following news of the bid, taking the value of the company to about 380 million kr (£30 million). Metro, the third largest newspaper company in the world, is holding a shareholder meeting today… Continue reading Metro International receives bid offer

Living’s controversial reality programme following Jade Goody attracted more than 416,000 peak viewers on Sunday, which was also the day of her wedding to on-off boyfriend Jack Tweed.Almost 240,000 average viewers (a share of 0.99%) tuned in to see the episode of Jade between 8pm and 9pm last night, which was actually filmed two weeks… Continue reading Living’s Jade attracted over 416,000 viewers on her wedding day

Microsoft has denied reports that it plans to resurrect video-on-demand service Project Kangaroo.Reports in the trade press had suggested that the company was in discussions with Kangaroo shareholders as part of a strategy to boosting the Microsoft’s audio-visual offering.However, a statement from Ashley Highfield, MD and VP of Microsoft Consumer & Online UK, said: “While… Continue reading Microsoft denies planning to resurrect Kangaroo

Channel 4 and Five are bidding for the final high-definition slot on Freeview.Channel 4 and S4C have made a joint application to Ofcom that would see an HD version of Film4 broadcast between 11am and 4am, with an S4C children’s service shown between 7am and 11am.The broadcaster said that the remaining three hours could then… Continue reading Channel 4 and Five bid for final Freeview HD slot

MediaCom has retained its status as the number one media agency for the seventh year in a row, while Publicis agencies Starcom MediaVest and ZenithOptimedia have both slipped in the last year, according to Nielsen.Nielsen’s data shows that Starcom MediaVest and ZenithOptimedia each shed more than 15% of their media billings in 2008, along with… Continue reading MediaCom retains number one media agency status

Future is set to launch its second new title this year – a monthly magazine for triathletes called Triathlon Plus – following the launch of The Knitter last month.The magazine, which will hit the shelves on April 7 with a cover price of £3.99 and pagination of 148, will be produced in Bath and edited… Continue reading Future unveils second new magazine of the year

ITV is considering plans to sell its Freeview multiplex operating business SDN in a bid to save cash and focus on its core broadcast and television production business.ITV’s executive chairman Michael Grade has been evaluating a range of money-saving options ahead of the commercial broadcaster’s annual results next week, according to reports.The potential sale of… Continue reading ITV to sell Freeview slots business SDN

In total, 34% of US adults online at home report that they view some type of video online at least weekly, including 11% who view video online daily, according to a new report from Leichtman Research Group. Overall (including those not online), 1% of adults view recent TV shows online daily, and 8% weekly –… Continue reading US online video viewing increases