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Yahoo! is understood to be weighing up a $1 billion (£500 million) bid for the social networking site Bebo. The potential purchase comes after it bid for Facebook last year, with discussions on that occasion ending with Facebook rejecting Yahoo!’s advances (see Facebook Rejected Yahoo! Bids). Bebo is the UK’s most popular social-networking site and… Continue reading Yahoo! Could Buy Bebo

New figures from the Advertising Association (AA) reveal that advertising expenditure in the UK passed £19 billion in 2006. According to the AA figures, the press accounted for by far the largest share of total advertising expenditure (43.7%), with television the second largest medium (24.1%), followed by direct mail (12.2%), internet (10.6%), outdoor (5.7%), radio… Continue reading UK Adspend Passed £19 Billion In 2006

New figures from the Advertising Association (AA) reveal that advertising expenditure in the UK passed £19 billion in 2006.According to the AA figures, the press accounted for by far the largest share of total advertising expenditure (43.7%), with television the second largest medium (24.1%), followed by direct mail (12.2%), internet (10.6%), outdoor (5.7%), radio (2.8%)… Continue reading UK Adspend Passed £19 Billion In 2006

Virgin Media could be subject to a £7.5 billion bid from a private equity consortium headed by US group Providence Equity Partners. A report in the Observer says that Providence Equity Partners is considering taking advantage of Virgin Media’s share price of £24. Last summer, Providence Equity Partners held talks with the cable group over… Continue reading Consortium Could Bid For Virgin Media

Saturday saw BBC One’s Any Dream Will Do continue to dominate its ITV1 rival Grease Is The Word, picking up a peak audience of 5.5 million adult viewers for its 8pm showing.Across its hour long running time, the show picked up an average of 5.3 million adult viewers (a 28.4% share), whilst over on ITV1,… Continue reading Any Dream Will Do Still Going Strong

In yesterday’s Sunday Times, Omid Kordestani, Google’s senior VP for global sales and business development, outlined the company’s vision for expansion, which could in theory signal the death knell for agencies.The company’s primary revenue driver is the success of search based advertising, which generated the majority of its $10.6 billion last year.However, Kordestani said that… Continue reading Plans For Google’s Future Vision Revealed

A private equity consortium headed by the US group Providence Equity Partners could make a £7.5 billion bid for Virgin Media.A report in yesterday’s Observer said that the consortium is considering whether to take advantage of Virgin Media’s current share price of £24.Providence Partners is apparently in talks with its partners Blackstone, KKR and Cinven… Continue reading Consortium Could Bid For Virgin Media

Virgin Media has rebuffed Sky’s attempts to end the channel carriage dispute after James Murdoch, BSkyB CEO, wrote to Steve Burch, chief executive of Virgin Media, suggesting that the companies “meet in the middle”.In a letter released by Sky, dated May 10, Murdoch said: “The speedy return of Sky One, Sky News, Sky Sports News… Continue reading Virgin/Sky Channel Dispute Continues

Five has announced the launch of a new primetime TV quiz programme, which will transmit on weekday nights from Tuesday 29 May at 6.30pm.Produced by Two Four Productions and hosted by radio star Colin Murray, Payday will give eight players the chance of winning one of their fellow contestants’ annual salaries.“What excites me about Payday… Continue reading Five Launches New Weekday Quiz Format

Channel 4 Radio has become the first radio station to launch in the online virtual world of Second Life.The move see the station gain access to the estimated 6 million members of the online population, with Channel 4 Radio providing its own dedicated Second Life radio show, reporting on day-to-day developments.Subscribers will also be able… Continue reading Channel 4 Radio Launches in Second Life