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Jon Miller, former CEO of AOL, is in the process of raising funds to try to buy Yahoo, according to a report in the Wall Street Journal. The reports that Miller believes he can do a deal that would be worth around $20 to $22 a share to Yahoo shareholders, which means raising about $28… Continue reading Former AOL CEO could try to acquire Yahoo!

UKTV has appointed Keith Porritt to the role of executive director of commercial, replacing Laurence Dawkin-Jones.Porritt, who will report directly to UKTV’s chief executive David Abraham, will have overall responsibility for UKTV’s pay TV relationships, as well as programme supply relationships with the BBC and independent producers.Commercial activities, business development, as well as legal and… Continue reading UKTV appoints Porritt as commercial head

The former AOL chief executive Jonathan Miller is thought to be in talks with investors about buying part or all of Yahoo!.Miller has been in contact with private equity firms and Middle Eastern wealth funds to raise as much as $30 billion for the search giant, according to reports in the Wall Street Journal.The report… Continue reading Former AOL chief set to bid $30bn for Yahoo!

RTL Group has announced the appointment of Andreas Rudas as executive vice president regional operations & business development central and eastern Europe at RTL Group’s headquarters. Rudas will be member of the RTL Group Executive Committee. Gerhard Zeiler, RTL Group CEO, said: “Due to his extensive experience in Eastern European markets, Andreas Rudas is excellently… Continue reading RTL Group appoints new member to executive management team

Future Publishing has reported a 9% rise in adjusted operating profit and a 3% boost in advertising in its preliminary results for the year. The publishing group said that advertising bookings in the three months to December were at 95% of their level in the same period last year. Future said it was “pleased” with… Continue reading Future Publishing reports profits increase

The Chartered Institute of Marketing’s latest Marketing Trends Survey reveals that 73% of marketers believe the UK will be in recession in 2009, and 70% believe conditions for the UK economy will worsen in the year ahead. However, the survey, completed for The Institute by Ipsos MORI, also reveals that 11% of marketers remain optimistic… Continue reading CIM Publishes Latest Marketing Trends Survey

Warner Bros has appointed Channel 4’s Polly Cochrane to the newly created role of group marketing director for its UK division.Cochrane will be responsible for marketing across Warner Brothers UK film, home video, TV, digital, games and consumer products, according to reports.She will report directly to Warner Bros UK president and managing director, Josh Berger,… Continue reading Warner Bros appoints former C4 marketing head to new role

WPP’s chief executive, Sir Martin Sorrell, said he will continue to invest in emerging markets, such as India, China and Brazil next year.Speaking at the Morgan Stanley annual technology, media and telecoms conference, Sorrell said WPP will be cutting costs elsewhere to invest in emerging countries where WPP is strong.He said: “We will have to… Continue reading Sorrell: WPP will continue to invest in emerging markets

Daily Mail & General Trust’s regional business Northcliffe Media saw revenues fall 28% year on year in October. DMGT said total ad revenue at Associated Newspapers, publisher of the Daily Mail, fell 10% year on year in October. It added that it was difficult to predict trading performance at Associated for the next few months,… Continue reading Northcliffe Media revenues down year on year

WPP’s share price was up on Tuesday as the FTSE 100 bounced from lows in line with Wall Street.The advertising agency, led by Sir Martin Sorrell, gained 5.5% to 340.5p after Goldman Sachs said its valuation had reached record lows, according to reports in the Financial Times.WPP shares have been hit in recent weeks by… Continue reading WPP’s share price bounces