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Chancellor of the Exchequer, Gordon Brown, stood up at 12.30pm to reveal his tax and spending plans for the next year, in what is likely to be his last budget presentation. Key points of Iron Gordon’s eleventh budget are as follows…Inflation will fall to 2% this year. In 2008 and 2009 inflation will also be… Continue reading Budget 2007 Coverage – The Chancellor’s Speech Live

Virgin Media has been confirmed as the sponsor of the next series of reality behemoth Big Brother, taking over the reigns from Carphone Warehouse who dropped their deal following the allegedly racist bullying row (see Carphone Warehouse Hangs Up On Big Brother).Sir Richard’s company will promote its Virgin Mobile brand through the multi-channel sponsorship, with… Continue reading Branson Secures Big Brother Sponsorship

Football was the name of the game last night, with BBC One screening the FA Cup quarter-final replay between Tottenham Hotspur and Chelsea.A peak of 6.4 million adults watched the climactic scenes unfold, as an ineffective Tottenham team rued letting slip a 3-1 lead from the first match, losing 2-1 in the replay.Chelsea, plaything to… Continue reading Soaps Triumph Over Soccer

CBS Outdoor has poached Anthony Waithe as head of research from rival Titan Outdoor. Waithe will report to Steve Cox, CBS Outdoor’s strategic planning director, and will lead a four-strong research team to deliver detailed audience research to support the sales division.Waithe will also be tasked with delivering research insights that highlight the role of… Continue reading Titan Head Of Research Jumps Ship To CBS Outdoor

Up to a fifth of Emap Consumer Media’s editorial staff are said to have been made redundant in the run up to the group’s trading results release next week, according to reports in the trade press.The job losses are a surprise addition to the 30 publishing roles that were scrapped last month, and continue a… Continue reading Huge Job Cuts At Emap Ahead Of Group Results

Ofcom is to investigate the Pay TV market following a submission from BT, Setanta, Top Up TV and Virgin Media.Following the assessment, Ofcom will decide whether to make a market reference to the Competition Commission.The investigation of Pay TV will cover subscription and video-on-demand television services on all platforms, including cable, DTT, satellite and TV… Continue reading Ofcom Launches Pay TV Investigation

The European Interactive Advertising Association (EIAA) has published new research showing that 37% of European wireless users regularly visit social networking sites, a third create and share their own content and 33% of wireless users contribute reviews and ratings to websites. The EIAA Mediascope Europe Study, conducted by Synovate, explores the trends and usage patterns… Continue reading Habits Of Wireless Internet Users Revealed

Media and entertainment industry veteran, Richard Eyre, has been appointed as a non-executive director at MGt, the leading support services provider to the digital broadcast and new media sector.Companies such as BSkyB, Discovery Networks, Sony Entertainment, Setanta Sports, Top Up TV and Virgin Media rely on MGt, and its customer management services and technology, to… Continue reading Richard Eyre Joins MGt As Non-Exec Director

ITV Customer Relations has announced that 118 118 is to be the new broadcast sponsor of ITV1 movies.The deal was negotiated by Luciana Limongelli, sponsorship & branded content executive at ITV customer relations, and Cate Murden at OMD UK.Murden, associate director, OMDFuse, said: “The ITV1 movie package is an ideal opportunity for 118 118 to… Continue reading 118 118 To Sponsor ITV1 Movies

Each week, NewsLine brings you a round-up of the latest news from the City affecting the media industry.This week saw Viacom file a $1 billion (£520 million) lawsuit against Google, accusing the firm of “massive copyright infringement” on its video sharing website YouTube (Full Story).In a statement, Viacom said: “After a great deal of unproductive… Continue reading Media In The City