Sky has announced the launch of its first interactive gambling channel, Sky Vegas Live, which will begin broadcasting from 6pm tomorrow.The channel, operating from a “state-of-the-art virtual TV studio” in South West London will offer viewers the chance to win cash prizes by playing along with live action casino games presented by a host of… Continue reading Sky To Bring Vegas To The Living Room
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Jean-Francois Decaux, chairman and chief executive of poster giant JCDecaux, has pledged to give free bicycles to Londoners to reduce the nation’s obesity epidemic, on the condition that the Government improves cycle routes in the city.Speaking at today’s ISBA conference the poster chief compared his plans to schemes already underway in Austria and Germany, where… Continue reading JCDecaux Pledges Pedal Power To The People
A senior ITV executive has hinted that the newly-merged ITV could buy Channel 4, should the broadcaster be sold by the Government in the run up to a possible merger with Five.In a report in today’s Guardian a senior executive is quoted as saying: “If they were pushing for a change in the law to… Continue reading ITV Could Bid For Channel 4 In Run Up To Merger With Five
Newly merged broadcasting giant ITV has announced it is on target to save £100 million in the first set of results to be published since its multi-billion pound merger was completed in February.The results also reveal a 2% drop in the broadcaster’s net advertising revenue for 2003. ITV has blamed this on a reduced share… Continue reading ITV On Target To Save £100 Million From Merger
Financial Times owner, Pearson, saw shares slide by 0.4% yesterday despite announcing a 2.8% increase in pre-tax profits in its full-year financial results. However, the Financial Times posted a loss of £32 million during 2003, despite a wide ranging cost-cutting programme across the flagship business daily (see Losses Widen At FT And The Outlook Remains… Continue reading Sharewatch: Pearson Drops Despite Rising Profits
BT Group has reduced the price of its cheapest broadband service to less than £20 per month in an attempt to further increase the take-up of high-speed internet access across the UK.The telecoms giant yesterday announced the launch of a new cut-price service aimed at attracting the large numbers of dial-up customers normally put of… Continue reading BT Launches New Cut-Price Broadband Service
The Barclay brothers have withdrawn their £260 million offer to buy Conrad Black’s stake in Hollinger Inc, in a move that exacerbates the uncertainty surrounding the Daily and Sunday Telegraph.The decision to cancel the bid was something of a foregone conclusion after a US court last week stopped Black from selling his majority stake in… Continue reading Barclay Brothers Withdraw £260 Million Telegraph Bid
MSN recently announced plans to become the first major online media owner to phase out the sale of pop-up advertising on its network of websites, after research discovered it to be a major cause of irritation to internet users. MSN UK’s digital marketing manager, Amanda Anthony, explains the implications of the decision…Over the last couple… Continue reading NewsLine Column: Banishing Pop-Ups
Richard Desmond, owner of the Express Newspaper Group, has sold off his soft porn titles for an estimated £20 million in an attempt to improve his chances of buying the Daily Telegraph.It is understood that Desmond feared his ownership of magazines such as Asian Babes and Big Ones might work against him if media regulators… Continue reading Desmond Pawns Adult Magazines For Telegraph Bid
Centaur Communications is expected to be floated on AIM next week following its sale to Numis Securities. A holding company, Centaur Holdings, set up by Numis, has entered into a sale and purchase agreement to buy the B2B publisher, which includes The Lawyer and Marketing Week in its portfolio, for £145m.It plans to float the… Continue reading Centaur To Float On Junior Share Market Next Week
