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Publishing group, Pearson, has acquired US professional testing business, Promissor, from Houghton Mifflin for £42 million, bringing with it educational contracts for the UK’s largest educational vocational awarding body, City and Guilds. Pearson will combine Promissor with its existing professional testing company, Pearson VUE, expecting the purchase to be earnings enhancing from 2007. Commenting on… Continue reading Pearson Buys US Testing Business

Hachette Filipacchi’s best-selling teen girls magazine is to publish in a reduced size from the March issue, downsizing to meet demand for “ease, convenience and portability.”The new size will measure 232mm x 172mm, positioning the title between A5 and its original size. According to the publisher’s research, the new format represents the “perfect size –… Continue reading Hachette Slims Sugar Down To Perfect Size

Channel 4 chief executive Andy Duncan yesterday lifted the lid on the broadcaster’s long-awaited plans to enter the digital radio sector, outlining designs for a raft of Channel 4 branded stations to offer more competition to the BBC as a public service broadcaster.The TV boss revealed that Channel 4 would make a “serious bid” for… Continue reading Channel 4 Announces Plans For Digital Radio

ITV has confirmed its senior commissioning and scheduling line up, strengthening the network’s team of controllers, with the creation of several new roles at director level helping to consolidate the genre teams.The management restructure will see Clive Jones assuming the role of chief executive for ITV News and Regions, while David Bergg will take up… Continue reading ITV Confirms Senior Commissioning and Scheduling Line Up

Internet shopping in the UK rose by a almost 50% during the ten week run-up to Christmas 2005, with shoppers spending £5 billion online, compared with £3.33 billion during the same period in 2004. According to new figures from the Interactive Media in Retail Group (IMRG), sales peaked during the week commencing 5 December, with… Continue reading UK Online Shopping Up By 50% Over Christmas

Worldwide sales of music via the internet and mobile phones generated sales of $1.1 billion in 2005, up from just $380 million in 2004, with the market looking set to continue significant growth in the coming year. According to new figures from the International Federation of the Phonographic Industry (IFPI), digital music now accounts for… Continue reading Global Digital Music Sales Reach $1.1 Billion In 2005

French entrepreneur, Vincent Bollore has bought a further 2.9 million shares in media and communications company, Aegis, taking Group Bollore’s total interest in the business to 25.47%. According to a report in this mornings Times, Bollore also acquired an extra 0.35% in French advertising group, Havas. Since September Bollore has steadily been increasing his share… Continue reading Bollore Increases Aegis And Havas Stake

Mobile phone handset manufactures will see their revenues fall in 2006, with a new study from iSuppli forecasting wholesale prices to drop by 9% in 2006. According to eMarketer the market may be over supplied, with 850 million handsets made in 2006, 40 million more than in 2005. Informa Telecoms & Media recently reported that… Continue reading Mobile Handset Providers To See Revenue Drop

The traditional power balance between programme makers and broadcasters will shift in an on-demand world, according to Simon Sutton, President of HBO International, who yesterday told the Oxford Media Convention that content producers would gain the upper hand in the future.According to the American TV boss, video on-demand will create a gradual “shift in power… Continue reading HBO Boss Predicts More Power For Programme Makers

Peter Salmon will step down from his position as chief executive of the Television Corporation, taking up the role of chief creative officer of the company later in the year. Salmon, ex BBC director of Sport, joined TV Corp as group executive last summer, replacing Jeff Foulser who took up the role of director of… Continue reading Salmon To Step Down As TV Corp Chief Executive