European competition regulators have announced a review into the Google and Yahoo! online search advertising deal, leading the two companies to suspend the partnership. Google and Yahoo! today said that they would temporarily suspend the partnership until both US (see US Regulators Investigate Yahoo!/Google Deal) and EU regulators have examined the deal. The partnership would… Continue reading EU Launches Review Of Google/Yahoo! Partnership
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JCDecaux has confirmed it is in talks about a possible merger with News Corp’s Russian-based outdoor advertising arm, News Outdoor. The deal, which is expected to be worth around £570 million, would see JCDecaux race ahead of its rival Clear Channel Communications to become the world’s largest outdoor advertising company. Rupert Murdoch has reportedly been… Continue reading JCDecaux And News Corp In Talks To Create World’s Largest Outdoor Firm
WPP Group is set to extend today’s deadline to TNS shareholders, extending its takeover approach for another two weeks. Sir Martin Sorrell’s communications and advertising group is likely to extend its deadline until the end of September, following the European Commission’s decision to extend its investigation into the deal on 3 September, said Media Week.… Continue reading WPP To Extend TNS Offer Deadline
Ex-Unilever executive Jerry Wright has been appointed as the next chief executive of ABC and will join the organisation on October 13.Wright will take over from Chris Boyd, who has held the chief executive position for eight years.From 2004 to 2006 Wright chaired the Unilever UK Media Trading Committee and as part of this oversaw… Continue reading Jerry Wright Appointed As New ABC Chief Executive
BSkyB has appointed Andy Brent as the new group brand marketing director, following a six-month search since Matthew Anderson’s departure.Brent will join Sky on October 1 and report directly to the company’s chief executive, Jeremy Darroch.He will be responsible for brand marketing across Sky’s range of home entertainment services, including its ‘See Speak Surf’ and… Continue reading BSkyB Appoints New Brand Marketing Director
Charles Allen has accepted his second non-executive directorship this week, following his appointment at Endemol on Monday.Allen, the non-executive chairman of Global Radio and former ITV chief executive, will join Virgin’s board as a non-executive director.Virgin Media has also appointed John Rigsby, former senior executive of Time Warner, as a non-executive director.Jim Mooney, chairman of… Continue reading Charles Allen Accepts Non-Exec Role At Virgin Media
Express Newspapers is to cut more than 70 editorial roles across the Daily and Sunday Express in an effort to cut costs. The jobs, almost exclusively editorial production jobs, are going as the two papers introduce a new editorial systems that will see reporters putting their copy straight onto the page without being checked by… Continue reading Express Newspapers To Cut 70 Editorial Jobs
Charles Allen, former ITV chief executive, has joined the board of Virgin Media, taking on his second non-executive directorship in the TV industry this week. On Monday, Allen joined Big Brother producer Endemol as a non-executive director (see Charles Allen To Make TV Industry Return). The ex-chief executive of ITV, who resigned from the broadcaster… Continue reading Charles Allen Joins Virgin Media Board
Trinity Mirror is to close seven local papers and nine satellite offices in North Wales and the North West, putting 30 jobs at risk. In the summer, Trinity Mirror warned that advertising revenues were falling faster than at any time in the past two decades. The UK’s largest regional newspaper group said that it was… Continue reading Trinity Mirror To Close Seven Local Papers
Charles Allen, former ITV chief executive, is set to return to TV as the non-executive director of Endemol, producer of Channel 4 reality show Big Brother. Allen is to join the board of the Dutch TV producer following his appointment as senior adviser to the private equity division of investment bank Goldman Sachs. He is… Continue reading Charles Allen To Make TV Industry Return
