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WPP Group has released a statement announcing plans to extend the original Friday deadline for its £1.1 billion offer of TNS until 3pm this Wednesday, October 8. WPP Group, led my Sir Martin Sorrell, announced that valid acceptances of the offer had now climbed to 60.86% of TNS shareholders last Friday, when the previous deadline… Continue reading WPP Extends TNS Offer Deadline

Virgin Media Television has announced two new senior appointments to strengthen its commercial team, including Ivan Ali-Khan to the newly-created position of head of digital.David Cuff has also joined the company as commercial director, having previously worked at Flextech Television and Initiative Media as well as running his own consultancy business, Cuff Media.Cuff will be… Continue reading Virgin Media TV Appoints First Head Of Digital

Virgin Media Television has appointed David Cuff, former Flextech Television executive, as its new commercial director. Cuff will be responsible for commercial strategy across all of VMtv’s businesses, reporting to managing director Jonathan Webb. Cuff has previously held positions with Flextech Television and Initiative Media, and runs his own consultancy business, Cuff Media. In addition,… Continue reading Virgin Media Appoints New Commercial Director

Sly Bailey, the chief executive of Trinity Mirror, is warning digital businesses to beware of the inevitable bubble-burst. Stating that digital growth of recent years is now slowing, she has suggested there were “tough times ahead”. Delivering the opening keynote speech at the annual Association of Online Publishers, Bailey voiced her concerns about the BBC’s… Continue reading Sly Bailey Warns Of Digital Bubble Burst

Pre-tax profits at Telegraph Media Group rose by 4.9% year on year to £34.3 million, according to full year 2007 figure filed at Companies House. Overall turnover for the publishing group also rose 4%, or £13.8 million last year to £354.9 million. Operating profits after exceptional costs were £11.8 million, which is an increase of… Continue reading Telegraph Pre-Tax Profits Rise by 4.9%

The Association of Online Publishers (AOP) has announced two new chairs from The Telegraph and The Economist, to replace the current chairman Simon Waldman.Speaking at the AOP’s annual conference in London, Waldman named the two new candidates as Alison Reay, digital media director at Telegraph Media Group, and Mike Seery, chief information office at The… Continue reading AOP Appoints Two Co-Chairs

WPP Group has released a statement warning TNS shareholders that it is not going to up its £1.1 billion bid for the market research company.The deadline for shareholders to accept the offer ends at 3pm tomorrow – according to reports published last Friday, 43% have already accepted the deal.TNS, which has consistently encouraged its shareholders… Continue reading WPP Warns TNS: The Offer Is Final

Phorm has made a pre-tax loss of £13.7 million for the first half of 2008, an increase of 52% from its £9.1 million loss in the same period in 2007. However, despite the loss, the internet advertising group still has a positive cash balance due to fundraising of around £24.9 million. Phorm rolled out its… Continue reading Phorm Makes £13.7 Million Loss

WPP Group made an announcement this morning to warn TNS shareholders that its £1.1 billion offer for the market research company is its final offer. The deadline for shareholders to accept the offer ends at 3pm tomorrow – according to reports published last Friday, 43% have already accepted the deal. TNS, which has consistently encouraged… Continue reading WPP Warns TNS That Its Offer Is Final

The People‘s senior reporter, James Millbank, is set to leave Trinity Mirror to take up a similar role at the Mail on Sunday from January.Millbank started working for the People as news editor in 2006, after 10 years at the News of the World.Talking about his new position, Millbank said: “It has not been fully… Continue reading James Millbank Quits The People For The Mail On Sunday