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Virgin Radio is responding to the increasing popularity of music downloads by launching the nation’s first weekly chart rundown using Napster online sales figures.The Napster Online Music Chart, which launches later this month, will countdown the 20 most popular songs downloaded by Napster users from a catalogue of 750,000 tracks each week. The show will… Continue reading Virgin To Launch UK’s First Online Music Chart

Commercial broadcaster ITV has disposed of Carlton Books for an undisclosed sum as part of its £600 million programme to sell-off non-core assets. The sale of the non-fiction book publisher, which was a management buy-out, is expected to be the first of many and will be followed by the sale of the Moving Picture Company,… Continue reading ITV Starts Disposal Of Non-Core Assets With Carlton Books

Worldwide revenues from mobile data services will rise to $189 billion by 2009, up from $61 billion this year, says a new report from Strategy Analytics. According to the Wireless Internet Applications report, communication, which includes text, photo and video messaging will be the largest source of income, generating 46% of total mobile revenues. Mobile… Continue reading Revenues From Mobile Messaging To Triple By 2009

WPP performed well yesterday, increasing its share price by 1.02% to close at 493p as the global advertising giant revealed it is considering a £500 million rights issue preceding the purchase of American advertising group, Grey Global.Chief executive of WPP, Sir Martin Sorrell, said last week that he is looking at Grey’s books, but did… Continue reading Sharewatch: WPP Sees Rise As Grey Bid Considered

US advertising spending rose by 6.4% in the first half of this year, fuelled by a spending increase in political and traditional advertising, according to preliminary figures released from Nielsen Monitor-Plus.Advertising dollars were up across all 10 of the reported media, said the advertising intelligence service division of Nielsen Media Research, with the largest single… Continue reading US Ad Spending Grows By 6.4% In First Half Of 2004

Associated Newspapers has announced the appointment of Kevin Beatty as its new managing director, replacing Murdoch MacLennan, who is leaving the company to become chief executive of the rival Telegraph Group.Beatty, who is currently managing director of Northcliffe Newspapers Group, is a widely respected newspaper executive with a significant amount of industry experience. As well… Continue reading Associated Appoints Beatty As New Managing Director

SUBtv, the student media network, has expanded its range of plasma television screens to encompass a further 20 universities across the UK, in a move that brings nearly 1.5 million extra viewers to the service.The latest move will bring SUBtv to a total of 75 universities in time for the new academic year beginning in… Continue reading Student Television Network Boosts Reach By 40%

The Olympics have helped the BBC’s red-button interactive services to achieve unprecedented success, with new figures showing that a record breaking six million viewers have accessed them for more than one minute since the games began earlier this month.The highest figure previously was recorded during this year’s Wimbledon, when 4.1 million people used the BBC’s… Continue reading BBC Scores Record Interactive Audiences With Olympics

The proposed £1 billion sale of the BBC’s commercial arm, BBC Worldwide, has generated a flurry of interest from commercial broadcasters, venture capital groups and investment banks.However, it is understood that some would-be buyers are being put off by confusion over the lucrative rights to successful BBC shows and products, such as The Office or… Continue reading Sale Of BBC Worldwide Raises Issues Over Rights

Sky Sports has signed an exclusive three-year deal to become the first UK broadcaster to screen live coverage of the new A1 Grand Prix motor racing series.The series launches next autumn and pits identical cars against each other in what is being billed as a true test of driving skill. The event is intended to… Continue reading Sky Sports Secures Exclusive Rights To New A1 Grand Prix