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Microsoft Advertising, ComScore, Google, News Corporation and Orange have become new members of the IAB Europe board.ComScore’s managing director Mike Reid and News Corporation’s vice-president of government policy David Fares will join as corporate members of the trade association, according to reports.The number of corporate members on the board will also increase to eight with… Continue reading IAB Europe appoints new board members

Deloitte has been appointed as administrator of Setanta after it failed in its bid to secure funding.The Irish broadcaster has entered administration after missing deadlines to pay the Scottish and English Premier Leagues (see Broadcasters to bid for Setanta football rights).Deloitte said that Setanta will cease broadcasting in Great Britain but Setanta Ireland and Setanta… Continue reading Setanta enters administration

BSkyB is favourite to acquire the rights to broadcast Scottish Premier League football matches after Setanta failed to meet a payment deadline.Lex Gold, SPL executive chairman, said yesterday: “Setanta missed the deadline for the £3 million we set for them. We set three deadlines and we wanted to work with Setanta who have been a… Continue reading BSkyB favourite to get SPL rights

Disney owned sports network ESPN has won the rights to show 46 live Premier League football matches next season, in a deal thought to be worth £90 million.The two packages, which Irish broadcaster Setanta lost after missing a payment deadline last Friday (see Broadcasters to bid for Setanta football rights), are for Saturday teatime and… Continue reading ESPN wins rights to 46 Premier League matches

Setanta has lost the rights to show 46 live Premier League football matches, with rival broadcasters given a deadline of today to lodge bids for the games.Setanta was unable to meet the Friday deadline for a £10 million payment to the Premier League, which was part of £30 million it owed the organisation (see Premier… Continue reading Broadcasters to bid for Setanta football rights

The Economist Group has recorded a 26% increase in operating profit to £56 million in the year ending March 31 2009. The group also recorded a 17% increase in revenue, to £ 313 million. Ad revenues in Continental Europe and Middle East and Africa were very strong, it said, with MEA increasing 39%. UK revenues… Continue reading Economist Group records 26% increase in operating profit

Independent News & Media is considering a “deeply discounted” rights issue in order to repay some of its €200 million (£169 million) bond. The owner of the Independent, Independent on Sunday and Belfast Telegraph, said that it will extend the Friday deadline its €200 million bond until 24 July. In a statement to the Irish… Continue reading INM considering “deeply discounted” rights issue

Tony Ball, the former chief executive of BSkyB and frontrunner to succeed Michael Grade at ITV, has been appointed as a non-executive director at BT.Ball, who is currently chairman of Germany’s cable operator Kabel Deutschland, is set to join the BT board on July 16.BT hopes his appointment will bring more broadcast experience to the… Continue reading Tony Ball appointed to BT board

Top Up TV founder David Chance could be appointed to the Setanta board following the departure of Irish financier Barry Maloney earlier this week.The appointment would come as part of American businessman Len Blavatnik’s £20 million rescue deal for the beleaguered broadcaster.Blavatnik, whose Access Industries currently holds a majority stake in Top Up TV and… Continue reading Setanta could appoint Top Up TV founder to the board

Guardian Media Group’s national newspaper division, Guardian News & Media, is set to report a loss of about £35m for the financial year to the end of March. GMG Radio and GMG Property will also report operating losses, according to a report on MediaGuardian.co.uk, while GMG’s regional newspaper division will make an operating profit of… Continue reading Guardian Media Group to report operating loss