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Last week in the City the big news was Microsoft’s $240 million (£117 million) investment in Facebook, putting a $15 billion value on the social networking website.The companies also signed an advertising deal making Microsoft the site’s exclusive third-party advertising platform partner, and it will begin to sell advertising for Facebook internationally (Full Story).In other… Continue reading Media In The City: Microsoft Invests $240 million In Facebook

Publicis has announced that its consolidated revenue for Q3 2007 rose 10.8% to €1,122 million, compared with €1,013 million for the same period in 2006. Organic growth in the third quarter was 4.6%, in line with the group’s expectations. In the third quarter, 43.4% of Groupe revenue came from North America, 37.3% from Europe, 11.1%… Continue reading Publicis Revenues Up Almost 11%

A new report from the Cinema Advertising Council (CAC) has revealed that US cinema advertising industry revenues of CAC members grew by 15% to $455,661,000 in 2006 as compared to a total of $394,830,000 in 2005. Clifford Marks, president and chairman of CAC, said: “Marketers are looking for new, highly-effective, targeted opportunities to engage harder… Continue reading US Cinema Advertising Council Members Report 15% Adspend Increase

BSkyB is considering giving up nearly one fifth of its ITV voting rights in an effort to avoid competition regulations and hold onto its 17.9% share in the commercial broadcasting giant. In a letter to the Competition Commission, the satellite broadcaster outlined plans to place three per cent of its voting right with an independent… Continue reading Sky Could Give Up Some ITV Voting Rights

Microsoft has agreed to invest $240 million (£117 million) in social networking website Facebook, placing a $15 billion value on it. The investment, which was accompanied by the signing of a key advertising deal, gives Microsoft a 1.6% stake in the online social utility. The companies already had a US-only strategic alliance that named Microsoft… Continue reading Microsoft Invests In Facebook

The latest US e-commerce spending figures for the third quarter of 2007, newly released by comScore, show that retail e-commerce increased 23% versus year ago to $28.4 billion. Third Quarter US E-Commerce Spending, Excludes Auctions And Large Corporate Purchases Q3 2007 v Q3 2006 Total US – Home/Work/University Locations    Q3 2006 (MM) Q3 2007… Continue reading Third Quarter US Retail E-Commerce Grows 23%

Last night’s Panorama Special, looking at the kidnap and release after four months in captivity of BBC reporter Alan Johnston, won the 9pm ratings war last night, with a peak of 3.1 million adult viewers (a 16.3% share of the audience).The show had an average of three million adult viewers (a 15.4% share) who stuck… Continue reading 3.1 Million Watch Alan Johnston Kidnap Doco

The NRS has released the first set of Time Spent Reading data, revealing that a weekday (Monday-Friday) issue of a daily newspaper is read for an average of 40 minutes.The average Saturday newspaper is read for an average of 60 minutes, with 42% of readers spending an hour or more.The data also shows that the… Continue reading NRS Releases First Set Of Time Spent Reading Data

The Times‘ online offering has overtaken the Daily Mail and the Sun‘s websites to become the second busiest newspaper site in the UK in September, according to latest figures from the ABCe.Following an almost 22.5% increase in traffic, Times Online recorded its highest ever unique user* figure of over 12.5 million for the month, an… Continue reading More Users For Times Online Than The Daily Mail And The Sun’s Websites

BT Vision, BT’s next-generation TV service, is stepping up its customer communications activity with the launch of On magazine.On is a high-quality, 52-page, bi-monthly magazine that will arrive through the letter boxes of BT Vision households in November.The mag highlights the best film, TV, sport, music and kids entertainment on BT Vision, and also shows… Continue reading BT Vision Launches New Customer Magazine