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The Dow Jones board is still looking for an alternative bid to Rupert Murdoch’s, as it enters the final phase of negotiations with News Corporation. A report in today’s Financial Times says that the ad-hoc committee of Dow Jones directors is set to meet today with California billionaire Ron Burkle to discuss a possible purchase… Continue reading Dow Jones Still Seeking Alternative Bidders

Setanta Sports, the pay-TV broadcaster, has unveiled the initial 19 fixtures of its 46 live Barclays Premier League games for the 2007/08 season.The Setanta Sports service will cost £9.99 per month and is available to all satellite customers with or without a Sky subscription and on all Freeview boxes and digital TVs.Last year, Setanta paid… Continue reading Setanta Unveils Premier League Football Schedule

A new estimate from the National Institute of Economic and Social Research (NIESR) projects that the output of the UK economy in the three months ending in June was 0.7% higher than in the previous three months. NIESR’s track record of producing early estimates of GDP suggests that its projection for the more recent three-month… Continue reading UK Economic Output Grows 0.7%

Roger Federer equalling sporting history and Lewis Hamilton narrowly missing out on winning his home Grand Prix held millions of television viewers’ attention yesterday afternoon.BBC One’s Wimbledon 2007 coverage saw number one seed Federer avenge last month’s defeat to Rafael Nadal at the French Open, attracting an average adult audience of 4.5 million adult viewers.Audiences… Continue reading Millions Enjoy Sporting Weekend

The global in-game advertising market, which generated $77.7 million globally in 2006, continues to develop at an exponential rate, according to new research from Yankee Group. By 2011, Yankee Group says that worldwide in-game advertising expenditures (fixed product placement/static ads and dynamic ads) will grow to $971.3 million. According to the Advertising and Games: 2007… Continue reading In-Game Ad Market Growing At Exponential Rate

Ofcom has fined the BBC £50,000 for breaches of its broadcasting code after a studio guest posed as the winner of a phone-in competition on Blue Peter.This is the first time that Ofcom has imposed a financial penalty against the BBC.The Corporation was fined £45,000 for using a studio guest to pose as the winner… Continue reading £50,000 Fine For BBC

Coming 100 days before the digital switchover, new research reveals that all households in the lead area of Whitehaven, Cumbria, are intending to convert to digital TV.Ford Ennals, chief executive of Digital UK, the organisation implementing switchover, welcomed the findings but warned residents not to leave it too late.Ennals said: “It’s good news that everyone… Continue reading Whitehaven Gets Ready For Digital Switchover

There was some big news in the City last week, with Rupert Murdoch’s £2.5 billion bid for Dow Jones seemingly on the verge of being accepted and a private equity firm making a bid for Virgin Radio.On Friday, a report in Business magazine said that Murdoch’s bid for Dow Jones, owner of the Wall Street… Continue reading Media In The City: Dow Jones Negotiations Near End

Daily Mail and General Trust (DMGT) has bought 25 weekly regional newspapers from Trinity Mirror for £64.15 million. Trinity Mirror is selling Kent Regional Newspapers, East Surrey and Sussex Newspapers and Blackmore Vale Publishing, which form part of its regional business in London and the South East. The three businesses are being acquired by Northcliffe… Continue reading DMGT Buys 25 Trinity Mirror Regional Titles

Rupert Murdoch’s $5 billion (£2.5 billion) bid for Dow Jones, owner of the Wall Street Journal, has finally been accepted, with a formal announcement expected next week. According to a report in Business magazine, the announcement is expected next week once the majority shareholders, the Bancroft family, have formally agreed to the sale. News Corp… Continue reading Murdoch Dow Jones Deal Set To Go Ahead