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GCap Media has acquired a majority stake in local social networking website welovelocal.com for £450,000.The deal will also see GCap pay for the existing cash in the company and will make further staged payments of £150,000 in total to the vendors as deliverables are met over the coming weeks.The welovelocal.com site helps people find the… Continue reading GCap Acquires Majority Stake In Local Social Networking Site

More than half of online social networkers between the ages of 13 and 49 never trust marketing material they receive and almost half say that internet advertising is driving them “insane”, according to a poll conducted by Facebook on behalf of Kyp Systems.Pop-ups are a particular source of irritation and 90% of the 800 people… Continue reading Social Networkers Don’t Trust Internet Advertising

Last week in the City, UTV, the owner of talkSPORT, reported a 2% increase in group revenues for 2007, to £115.6 million.The company’s operating profit, including associate income and before exceptional charges was up 5% from £24.8 million in 2006, to £26 million (Full Story).JCDecaux reported worldwide revenues of more than €2 billion (£1.5 billion)… Continue reading Media In The City: UTV Reports 2% Increase In Revenues

GCap Media has acquired a majority stake in the local social networking website welovelocal.com for £450,000. welovelocal.com helps people find businesses in their area by reading reviews and sharing their recommendations. GCap will combine welovelocal.com’s highly engaged online audience with its own network of local radio brands to enhance the broadband strategy announced by chief… Continue reading GCap Buys Majority Stake In Local Social Networking Site

A new forecast from Carat predicts that 2009 will see advertising growth of 4.9% worldwide, with the fastest-growing regions set to be Asia Pacific and Latin America. 2008’s global advertising forecasts have been revised marginally downwards to 6.0% from 6.2% forecast in September last year. Segment-wise, the strongest growth remains in digital, at 23.3% for… Continue reading Global Adspend Forecast To Grow 4.9% in 2009

Ben Gale, the current BBC commissioner for features and factual entertainment, is said to be moving to Five as the channel’s new director of programmes.The position became available after incumbent director of programmes Jay Hunt agreed to become the new controller of BBC One just months after joining Five (see Jay Hunt Appointed BBC One… Continue reading BBC’s Gale Poised To Join Five

The Dancing On Ice final skate off drew more than 10.4 million adults on average to ITV1 last night, with Suzanne Shaw’s win giving the channel a 44% audience share.The show was on between 7pm and 9pm, and took a peak of over 11.4 million adults towards the end of the programme. Following on from… Continue reading Dancing On Ice Final Nets A Cool 10.4 Million

Ashes To Ashes was the big winner in the 9pm slot last night, with a peak audience of 5.9 million adults (a 27.2% share of the audience).The hour long show had an average of 5.6 million adult viewers, or a 25.8% share of the audience.Thursday night is comedy night on BBC Two, although it seems… Continue reading 5.9m Tune In To Ashes To Ashes

Ofcom is to auction a large portion of radio spectrum for services such as mobile TV.The provisional deadline for applications is 10 April, with the auction likely to start at the end of April.Ofcom said the 1452-1492 MHz band, the so-called “L-Band”, could potentially be used for mobile multimedia services such as mobile TV, satellite… Continue reading Ofcom To Auction Radio Spectrum To Make Way For Mobile TV

ITV has signed a deal to show all of this season’s Formula 1 races live on its broadband TV service.Beginning with this weekend’s Australian Grand Prix, the broadcaster will be offering new and exclusive interactive action and news plus post race highlight packages, located at itv.com/F1.As part of the deal, itv.com will stream live simulcasts… Continue reading ITV To Show Formula 1 Online