The global entertainment and media market will grow 5% annually to 2014, up from $1.3 trillion in 2009 to $1.7 trillion, according to PricewaterhouseCoopers’ Global Entertainment & Media Outlook 2010 – 2014.
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Raymond Snoddy says that while it’s just a matter of time before 3D TV takes-off, there are some hurdles to overcome first.
News Corporation has acquired the e-reader publishing platform Skiff from US publisher Hearst and taken a stake in online content firm Journalism Online.
BSkyB has turned down a £12 billion takeover bid from News Corporation, saying it undervalues the company.
An RBS broker’s note has called ITV “the most logical buyer of Five”, estimating that its acquisition could boost ITV’s earnings by 24%.
Last night saw the Association of Online Publishers (AOP) unveil the winners of its ninth Digital Publishing Awards at The Roundhouse, Camden, with the Guardian claiming six separate awards.
The government has scrapped plans to introduce independently funded local news consortia, new culture secretary Jeremy Hunt announced in his first major speech today.
Google could enter the TV market with a bid for Premier League football rights, LoveFilm’s group digital officer Lesley MacKenzie told delegates at last week’s Media Playground 2010 event.
BSkyB has bought Virgin Media TV for £160 million, in a deal which will see Sky pay £105 million in cash on completion, with the remainder paid following completion of the regulatory process.
TalkSPORT has won the exclusive UK radio rights to broadcast the Rugby World Cup 2011.
