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Condé Nast Magazines’ managing director, Nicholas Coleridge, delivered a rallying cry to the magazine industry on Friday, saying it had a “rosy future”.Speaking at the PPA Regional Magazine Summit, Coleridge recounted the time he attended a PPA conference 16 years ago to be told digital magazines would bring the imminent end of the magazine industry.However,… Continue reading Coleridge Outlines His Defence Of Magazines

Taylor Nelson Sofres (TNS) has released a statement recommending that shareholders accept WPP’s £1.1 billion takeover offer.In a controversial twist, TNS said its board “continues to believe that the WPP offer undervalues TNS,” but warns that “TNS shareholders who do not accept the WPP offer could as a result own a minority interest in an… Continue reading TNS Tells Shareholders To Accept WPP Offer

Max Clifford outlined his vision of how regional magazines can uplift communities in comparison to national media at the PPA Regional Magazines Summit on Friday morning.Clifford, a regular columnist for Surrey Life, urged those involved in the industry to counterbalance the bad news that is reported in national media with positive local stories.He said he… Continue reading Max Clifford Reveals His Vision For Magazines

Ofcom’s latest digital television update, for the second quarter of 2008, reveals that take-up of multichannel television on main sets in UK households increased by 0.8%, from 87.2% to 88% in Q2.The report found that over 22.5 million households had multichannel television equipment connected to their primary set by the end of Q2 2008.Now that… Continue reading Digital TV Households In UK Up To 88%

WPP Group has extended the deadline for its £1.1 billion offer of TNS until 3pm this Wednesday, October 8.WPP Group, led my Sir Martin Sorrell, announced that valid acceptances of the offer had now climbed to 60.86% of TNS shareholders on Friday, when the previous deadline expired.Last week WPP warned the market research company that… Continue reading WPP Extends TNS Offer Deadline

The number of HD-ready households is expected to grow at a Compound Annual Growth Rate (CAGR) of 8.2% over the next five years, from 59% of US TV households in 2007 to 84% in 2012, according to a new report by Adams Media Research. ‘The Future of HDTV Delivery’ research carried out by Adams, predicts… Continue reading 84% Of US Households Will HD-Ready By 2012

Channel 4 is set to put the multi-million pound contract for T4 out to tender for the first time in six years, as part of its wider plans to cut programme budgets.A number of companies are expected to pitch for the contract, including the current producer Eyeworks At It as well as new suppliers Endemol… Continue reading Channel 4 Puts T4 Contract Out To Tender

Virgin Media Television has appointed David Cuff, former Flextech Television executive, as its new commercial director. Cuff will be responsible for commercial strategy across all of VMtv’s businesses, reporting to managing director Jonathan Webb. Cuff has previously held positions with Flextech Television and Initiative Media, and runs his own consultancy business, Cuff Media. In addition,… Continue reading Virgin Media Appoints New Commercial Director

The Serious Fraud Office (SFO) has decided against investigating the BBC and ITV over allegations relating to the broadcasters’ phone-in programmes and competitions.Earlier this year, Ofcom fined the BBC a record £400,000 for faking winners and misleading audiences in the phone-in competitions on shows including Comic Relief and Children in Need (see Ofcom Fines The… Continue reading BBC And ITV Escape Phone-In Fraud Investigation

Sly Bailey, the chief executive of Trinity Mirror, is warning digital businesses to beware of the inevitable bubble-burst. Stating that digital growth of recent years is now slowing, she has suggested there were “tough times ahead”. Delivering the opening keynote speech at the annual Association of Online Publishers, Bailey voiced her concerns about the BBC’s… Continue reading Sly Bailey Warns Of Digital Bubble Burst