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Rupert Murdoch’s News Corporation is preparing to make a bid for DirecTV, the largest US satellite operator, according to reports emanating from Wall Street. The Observer claims that Murdoch is tieing up loose ends ahead of $7 billion offer for the broadcaster that would represent the media mogul’s first foray into the American satellite market.… Continue reading Murdoch Set To Swoop For DirecTV

The BBC will meet with BSkyB today in an attempt to negotiate the cost of keeping its channels listed in their current position on the satellite broadcaster’s electronic programme guide. Last week the BBC announced its intention to withdraw from the BSkyB service to begin broadcasting to Sky homes from a different satellite, in a… Continue reading BBC Seeks Satellite Listings Agreement With Sky

UK magazine group, Highbury House, has this morning confirmed the acquisition of Front publisher, Cabal Communications, for up to £10 million (see Highbury House To Buy Cabal Comms, As Profits Rise 9%). As announced earlier this week, at the time of Highbury’s financial results, the group will pay £8.0 million upfront in cash and shares,… Continue reading Highbury House Confirms Cabal Acquisition

BSkyB has signed a new, five year, £600 million credit facility which is being used to cancel its existing £750 million facility, the group said today. The satellite broadcaster says that total available facilities are now valued at £800 million. This will reduce to £600 million from June 2004, in line with the anticipated reduced… Continue reading BSkyB Signs New

SMG, the media group which owns Virgin Radio, was seen under pressure on concerns over a wrongful dismissal lawsuit launched by former DJ and media mogul, Chris Evans. The stock was seen down 7.50%.Elsewhere, Granada was seen in focus on news from the Financial Times that executive chairman, Charles Allen, who is facing shareholder protests… Continue reading Sharewatch: SMG Falls Over Legal Wrangle

UK magazine group, Highbury House, has this morning confirmed the acquisition of Front publisher, Cabal Communications, for up to £10 million.As announced earlier this week, at the time of Highbury’s financial results, the group will pay £8.0 million upfront in cash and shares, followed by a further payment of up to £2.0 million depending on… Continue reading Highbury House Confirms Cabal Acquisition

The IPA has today published a comprehensive guide to help marketing managers and media buyers calculate the value that advertising contributes to business.The AdValue guide, which has been written by leading figures from the advertising industry, client community and academic world, contains twenty ‘general proofs’ of the effectiveness of advertising. These include how advertising impacts… Continue reading IPA Publishes Guide To The Value Of Advertising

The BBC will meet with BSkyB today in an attempt to negotiate the cost of keeping its channels listed in their current position on the satellite broadcaster’s electronic programme guide.Last week the BBC announced its intention to withdraw from the BSkyB service to begin broadcasting to Sky homes from a different satellite, in a move… Continue reading BBC Seeks Satellite Listings Agreement With Sky

Online news sites are experiencing a surge in traffic as internet users attempt to keep up with the unfolding war against Iraq.According to the latest research from Hitwise, visits to news and media sites have increased by 6% in the past week. News websites such as FT.com and BBC News experienced a huge surge in… Continue reading Surge In Traffic To News Sites On Outbreak Of War

Wireless Group-owned sports radio station TalkSPORT has secured Fiat LVC as the sponsor of its twice daily sports news bulletins.The sponsorship deal, which includes a range of break bumpers, is designed to help Fiat target a predominately male audience with a consistent broadcast presence at key times of the day.Ben Nicholls, sponsorship and promotions manager… Continue reading TalkSPORT Secures Fiat For News Sponsorship