Google has acquired YouTube, the video sharing website, for $1.65 billion (£884 million) in a stock-for-stock transaction. When the acquisition has been completed, YouTube will retain its brand identity and strengthen and complement Google’s own video business. In a statement, Google said that the number of Google shares to be issued in the transaction will… Continue reading Google Acquires YouTube For $1.65 Billion
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US terrestrial radio operators experienced a 5% sequential increase in unique visitors to their websites in August, according to the JPMorgan & Co Internet Radio Scorecard. The report shows that internet radio operators were down 3.5% during the month, with unique visitors on internet radio operators’ sites increasing 1.5% each month since August 2005. Meanwhile,… Continue reading Visitors To US Internet Radio Sites Decrease In August
European internet users’ time spent online has overtaken that spent reading newspapers and magazines, according to a new report from JupiterResearch. The report shows that European users now spend an average of four hours per week online, compared with just two hours in 2003, while time spent on newspapers and magazines is just three hours.… Continue reading Europeans Spend More Time Online Than Reading Newspapers
Mike Clasper, the former BAA chief executive, has pulled out of the race to take over from former ITV chief executive Charles Allen, and speculation has re-emerged that Sir James Crosby, the former chief executive of HBOS, has also withdrawn. According to a report in yesterday’s Sunday Times, investors in the broadcaster are increasingly concerned… Continue reading Another Candidate Pulls Out Of Race For ITV Top Job
Five has signed a multi-million pound film deal with Sony Pictures Television International (SPTI), which will see the full portfolio of 2006/7/8 feature films debut on the channel.The package includes major movies such as The Da Vinci Code and Spiderman 3. The deal also includes a broad selection of library titles from Sony Pictures for… Continue reading Five Signs Film Deal For Flagship And Digital Channels
Two thirds of US online gamers are female, according to Nielsen Interactive Entertainment’s newly released third annual Active Gamer Benchmark study. The research, which puts the total figure for active gamers (those who play for more than one hour per-week) in the US at 117 million, says that 56% of those play online and 64%… Continue reading Two Thirds Of US Online Gamers Are Female
The return of Strictly Come Dancing proved a hit for BBC One on Saturday night, drawing in an average of 8.2 million adult viewers, a 39% audience share, in the 8pm timeslot.The later edition of the celebrity ballroom dancing competition took 7.1 million adult viewers or a 35% audience share, with its nearest challenge coming… Continue reading Strictly Come Dancing Proves Popular For BBC One
Two of the biggest satellite radio companies have released subscriber figures for the third quarter, with differing fortunes for each. According to Sky Report, XM Satellite Radio added 285,000 subscribers in the last quarter, its lowest total in 10 consecutive quarters, ending the quarter with 7.2 million subscribers. XM has a target of 1.7 million… Continue reading Mixed Market For US Satellite Radio
Google is continuing negotiations to acquire video-sharing website YouTube, in a deal estimated to be worth $1.6 billion (£857 million).The deal is expected to be concluded by the end of the week, with industry figures saying that the acquisition could see Google’s AdWords, its online ad program, incorporated into the YouTube site.According to Nielsen//NetRatings, during… Continue reading Google Continues Negotiations To Buy YouTube
Mike Clasper, the former BAA chief executive, has pulled out of the race to take over from former ITV chief executive Charles Allen, and speculation has re-emerged that Sir James Crosby, the former chief executive of HBOS, has also withdrawn.According to a report in yesterday’s Sunday Times, investors in the broadcaster are increasingly concerned that… Continue reading Another Candidate Pulls Out Of Race For ITV Top Job
