More Industry News articles

Carphone Warehouse has begun a review which could see its TalkTalk residential broadband and telephony business split from its high street retail operation. The news was announced in a trading update released today, with the company also revealing a drop in first half profits. Earlier this year the company acquired US electronics retailer Best Buy… Continue reading Carphone Warehouse could split off TalkTalk

BSkyB is to raise $600 million (£399 million) in a bond issue to institutional investors to fund possible activities such as acquisitions and the refinancing of debt. Late yesterday the satellite broadcaster launched a private placement of 10-year bond notes, with investors paying 9.5% interest. The offer closes on November 24. In a statement, Sky… Continue reading BSkyB to raise $600m in bond issue

Jerry Yang, co-founder and CEO of Yahoo!, is to step down from his post once a successor is found. In a statement released last night, Yahoo! chairman Roy Bostock said that Yahoo! was “deeply grateful” to Yang but would be searching for a new CEO who could “take the company to the next level”. He… Continue reading Yang steps down as Yahoo! CEO

Outdoor advertising revenue was down 5.8% year on year in Q3, the fourth consecutive quarter it has declined. The figures from the Outdoor Advertising Association would appear to contradict industry opinion that revenue would bounce back in the second half of 2008. The largest percentage decline came from the motor industry, which spent 33.6% less… Continue reading Outdoor ad revenue down 5.8% in third quarter

The overall UK television viewing audience continues to show year-on-year growth, according to the latest IPA Trends in Television Report. Average hours of television viewing for the third quarter of 2008 was 3.54 hours, compared to 3.38 in 2007. This is the highest level recorded for this quarter since the start of the current BARB… Continue reading UK Television audience continues to grow

The twenty largest cable and telephone providers in the US – representing about 94% of the market – acquired approximately 1.3 million net additional high-speed internet subscribers in the third quarter of 2008, according to new figures from Leichtman Research Group. These broadband providers now account for nearly 66.7 million subscribers – with cable companies… Continue reading 1.3 Million US broadband additions in Q3

BBC One’s Sunday classic Antiques Roadshow triumphed last night with over 11 million peak viewers, more than Strictly Come Dancing and ITV’s first instalment of I’m a Celebrity Get Me Out of Here!.BBC One’s early evening programme, which saw its highest ever valuation in the series, pulled in over 10 million average viewers and a… Continue reading Antiques Roadshow triumphs with over 11 million viewers

News Corp owner Rupert Murdoch has dismissed as “misguided cynics” those who say that the internet will kill off newspapers.In a lecture for the Australian Broadcasting Corporation, Murdoch said: “Too many journalists seem to take a perverse pleasure in ruminating on their pending demise.“Unlike the doom and gloomers, I believe that newspapers will reach new… Continue reading Murdoch dismisses newspaper “doom and gloomers”

Baroness Peta Buscombe, chief executive of the Advertising Association (AA), is stepping down to become the next chairman of the Press Complaints Commission (PCC).Buscombe will succeed Sir Christopher Meyer when he leaves in April at the end of his second three-year term.Mark Lund, chairman of the AA, said: “Peta will leave with our best wishes… Continue reading Peta Buscombe to leave Advertising Association

BBC Worldwide, ITV and Channel 4 are planning to test launch their joint broadband TV venture Project Kangaroo in January, ahead of the Competition Commission’s ruling.Kangaroo’s backers are determined to go ahead with the project’s technical development, despite its launch being subject to the Competition Commission’s approval.It is understood that the project will go into… Continue reading Kangaroo is set to test launch in January