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Scottish Media Group has now received four offers for Virgin Radio, of between £60 million and £70 million, pushing the group’s share price up. A surprise bid has come from Malaysia’s largest media company, Astro All Asia Networks, with other bidders including Global Radio, which recently offered £313 million for industry leader GCap Media (see… Continue reading SMG Gets Four Offers For Virgin Radio

It was another busy week in the City, with Yahoo! the main focus of attention following Microsoft’s attempted $45 billion takeover.At the start of the week, Yahoo! rejected the bid, saying that it substantially undervalues the company (Full Story).However, a deal could still go ahead if Microsoft returns with an improved offer, which reportedly might… Continue reading Media In The City: Yahoo! Still Centre Of Attention

Yahoo! has restarted talks with AOL about a deal designed to help it avoid a takeover by Microsoft. AOL is believed to have held discussions with Yahoo!’s advisers in recent days to see if an agreement between the two companies is possible. Yahoo! and AOL have held discussions in the past, but failed to team… Continue reading Yahoo! Reopens Talks With AOL

Despite the column inches devoted last year to the rise of Facebook, new figures from Nielsen Online reveal that the fastest growing website in 2007 was actually Beat That Quote. Across 2007, Beat That Quote grew 1,165%, from 31,000 Britons in December 2006 to 392,000 in December 2007. Facebook was the second fastest growing property,… Continue reading Price Comparison Site Growing Faster Than Facebook

The second instalment of new BBC One series Ashes To Ashes had a peak audience of 5.8 million adults (a 26.3% share of viewers) last night.Although this was down from last week’s peak of 6.7 million adults, it was still the most viewed show in the 9pm timeslot.It was up against ITV1’s slightly grittier portrayal… Continue reading 5.8m Tune Into Ashes To Ashes

Despite the column inches devoted last year to the rise of Facebook, new figures from Nielsen Online reveal that the fastest growing website in 2007 was actually Beat That Quote.Across 2007, Beat That Quote grew 1,165%, from 31,000 Britons in December 2006 to 392,000 in December 2007.Facebook was the second fastest growing property, up 781%… Continue reading Price Comparison Site Growing Faster Than Facebook

Yahoo! has sent a letter to shareholders telling them that its current management and strategy will create value in the face of Microsoft’s $45 billion takeover bid. It is now believed that Microsoft is considering its options following Yahoo!’s rejection of its bid (see Yahoo! Rejects Microsoft Takeover Bid), with Facebook mentioned as a possible… Continue reading Yahoo! Says It Can Create Value In Face Of Microsoft Bid

A problem has been observed with the RAJAR data for Q4 2007 regarding stations reporting on a Half-Yearly basis, due to weighting irregularities from RAJAR’s contractor RSMB.This means that the data is being reissued by RAJAR. The vast majority of Half-Yearly reporting services are marginally affected, with only a minority experiencing more significant changes. The… Continue reading RAJAR Data Re-Issue

Long-running weekly financial magazine, The Business, has been axed and is to be replaced by a new monthly, Spectator Business.Martin Vander Weyer, the Spectator‘s business editor, will edit the new title when it launches in the spring.Barclay brothers’ owned The Business will cease publishing from this week and Press Holdings Media, the company that owns… Continue reading The Business Is Axed In Favour Of New Monthly

Mobile Social Networking is already an established service in some regions, but in 2008 and beyond new features are attracting larger numbers of users and permitting new business opportunities, according to new research from Informa Telecoms & Media. The Mobile Social Networking: Communities and Content on the Move report concludes that the number of mobile… Continue reading Mobile Social Networking Revenues Could Reach US$52 billion by 2012