More Media Business articles

Richard Desmond, founder of publishing and television group, Northern & Shell, has reportedly sold Channel 5 to Discovery Communications and BSkyB in a deal worth £350 million.

London Live, the first television channel dedicated to the UK’s capital, launched last night with an audience peak of 59,000.

The projected growth for 2014 means the ‘Ebuzzing and Teads’ group is planning on going public on the NASDAQ in 2015.

Over half of journalists, political insiders and business leaders believe that paywalls are the future of digital news, according to a YouGov study conducted on behalf of the London Press Club.

After what has been described as a “difficult” year, UTV Media plc – parent company of talkSPORT – has reported that the station’s revenue is expected to rise by at least 25% ahead of the FIFA World Cup this summer.

News UK’s Mike Darcey has criticised the Guardian for giving its content away for free online whilst upping print prices – but his views have been branded as out of touch with the spirit of “openness” that defines the digital age.

FT Group, which owns the Financial Times, saw profits rise 17% to £55 million as parent company Pearson struggled to cope with a declining US education market.

Martin Sorrell’s group saw an 18.7% leap, beating French rival Publicis, which was up 8.8% to £900 million.

This week the Newspaper Society’s president told MPs the BBC should pay regional newspapers for stories it ‘lifts’ for its websites and local radio stations – but is this fair? Raymond Snoddy looks at the bigger picture.

Amazon has today announced it is to launch the “UK’s most complete digital video service”, re-branding its LOVEFiLM service and incorporating it into its UK website via Amazon Prime.