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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

Microsoft is understood to be considering a fresh bid for Yahoo! after Jerry Yang announced his plans to step down as CEO of the internet search company.Yahoo!’s chairman, Roy Bostock released a statement late on Monday, saying Yahoo! was “deeply grateful” to Yang but would be searching for a new CEO who could “take the… Continue reading Microsoft and Yahoo! deal back on the cards

Carphone Warehouse has begun a review which could see its TalkTalk residential broadband and telephony business split from its high street retail operation. The news was announced in a trading update released today, with the company also revealing a drop in first half profits. Earlier this year the company acquired US electronics retailer Best Buy… Continue reading Carphone Warehouse could split off TalkTalk

BSkyB is to raise $600 million (£399 million) in a bond issue to institutional investors to fund possible activities such as acquisitions and the refinancing of debt. Late yesterday the satellite broadcaster launched a private placement of 10-year bond notes, with investors paying 9.5% interest. The offer closes on November 24. In a statement, Sky… Continue reading BSkyB to raise $600m in bond issue

Jerry Yang, co-founder and CEO of Yahoo!, is to step down from his post once a successor is found. In a statement released last night, Yahoo! chairman Roy Bostock said that Yahoo! was “deeply grateful” to Yang but would be searching for a new CEO who could “take the company to the next level”. He… Continue reading Yang steps down as Yahoo! CEO

UBC Media has reported a 15% decline in revenue to £6.4 million for the six months to September 30. The radio group blamed an “extremely challenging” few months for the fall. UBC, one of the shareholders of 4 Digital, invested £150,000 into the digital radio consortium which was abandoned by Channel 4, its majority shareholder,… Continue reading UBC Media reports 15% decline in revenue

Reed Elsevier is on track to meet its target of £15 million in cost savings in 2008. In a trading update released today, the publisher said that it is well placed to defy the tough economic outlook. Crispin Davis, Reed Elsevier chief executive, said: “The business is on track for a very successful year and… Continue reading Reed Elsevier on track to meet cost savings target