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Blyk has announced that its UK CEO Shaun Gregory is stepping down and will be replaced by the free mobile network’s current co-founder and executive director, Antti Ohrling.Gregory’s departure, which is thought to be due to personal reasons, comes as the company plans a organisation restructure and adds an extra €40 million in funding to… Continue reading Shaun Gregory steps down as Blyk’s CEO

Daily Sport publisher Sport Media Group has posted a pre-tax loss of £18.2 million for the year to the end of July, after stripping £20.7 million off the value of its assets, due to the current market conditions. SPMG was forced to write down the value of Sport Newspapers, which it bought for £50 million… Continue reading Sport Media Group records £18.2m pre-tax loss

Lord Carter, the new minister for communications, technology and broadcasting, is expected to recommend the relaxation of rules on local media ownership in order to stop further job losses. One of the main recommendations in Lord Carter’s interim Digital Britain report, due to be published this month, will focus on helping newspaper groups by allowing… Continue reading Local media ownership rules expected to be relaxed

Talks have broken down between Tiscali and BSkyB after the two sides were unable to reach an agreement about the satellite broadcaster’s takeover of the internet business. It is understood that Tiscali was holding out for a figure in the region of £600 million while Sky was considering an offer of around £450 million. In… Continue reading Talks break down between Sky and Tiscali

IPC Southbank’s fashion and style magazine InStyle has appointed Eilidh MacAskill as editor, to replace Trish Halpin who has moved to its sister title Marie Claire.MacAskill, who is currently deputy managing editor of InStyle in the US, will take up her new position on February 3.The former editor of Northern & Shell’s Happy, MacAskill has… Continue reading Instyle hires new editor

Ofcom has appointed Colette Bowe as its new chairman, to replace David Currie.Bowe, who joined the Ofcom board in January, will start in the new £200,000 three-day-a-week role in the new year.Andy Burnham, culture secretary, said: “Colette has the right mix of skills and experience for this role and I’m confident she also has the… Continue reading Ofcom appoints new chairman

Phorm’s UK chief executive Hugo Drayton is stepping down just weeks after four board members left the behavioural targeting company due to differences over its future strategy.Drayton, who was previously marketing and new media director at The Telegraph Group, is set to leave Phorm at the end of the year, according to reports.Earlier this month,… Continue reading Phorm’s chief steps down

IPC Media has appointed Evelyn Webster, currently managing director of IPC’s women’s weekly arm, as chief executive.Webster, who has been in her current post at IPC Connect since March 2004, will report directly to IPC Media’s on-going chairman Sylvia Auton when she takes up her new role on January 1.Auton, who was appointed CEO of… Continue reading IPC Media appoints Webster as CEO

Evelyn Webster, currently managing director of IPC’s women’s weekly arm, has been appointed the company’s chief executive. Webster, who has been in her current post at IPC Connect since March 2004, will report directly to IPC Media’s on-going chairman Sylvia Auton when she takes up her new role on January 1. Auton, who was appointed… Continue reading IPC Media appoints new CEO

RTL are rumoured to be considering a takeover of Channel 4 according to a report in the Sunday papers. A report in the Sunday Times states that RTL, who own rival broadcaster Five, has asked JPMorgan to weigh up a takeover for Channel 4, valued at £50 million. Four years ago, similar merger talks emerged… Continue reading Rumours of RTL takeover of Channel 4