More Media Business articles

CBS Outdoor has made two appointments to its dedicated digital division, Alive. Matt Harris has been brought in to head up the digital delivery team and will be responsible for scheduling content to all sites. Harris has previously worked at ITV, Sky and Channel 4. He will report directly to Nicky Cheshire, sales director of… Continue reading CBS Outdoor Makes Two Appointments To Digital Division

Bauer’s music magazine Q has kicked off its recruitment drive by promoting editor Paul Rees to the role of editor-in-chief.Rees, who has been editor for five years, will now be responsible for overseeing the multiplatform growth of the Q brand, “delivering world-class editorial” across Q magazine, radio, internet and events operations.Q has also appointed Ian… Continue reading Q Magazine Promotes Rees

German market research firm GfK has announced that there is no certainty it will be making an offer for TNS. The clarification follows yesterday’s £1.082 billion bid for TNS from Sir Martin Sorrell’s WPP Group. TNS rejected the takeover bid, saying it “substantially undervalues TNS, even on a standalone basis” (see TNS Rejects WPP Takeover… Continue reading No Certainty Of GfK Offer For TNS

The board of TNS has unanimously rejected WPP’s earlier unsolicited takeover bid, valuing TNS at 260p a share, saying it “substantially undervalues TNS, even on a standalone basis.”TNS has since agreed with GfK to terminate a proposed merger between the two companies and has permitted the German firm to advance talks with its third party… Continue reading TNS Rejects WPP Bid

WPP has presented a £1.082bn takeover bid to TNS’s shareholders, hoping to see off competition from the German market research company GfK.According to reports in the Financial Times, GfK was preparing a counter offer last night to rival any deal between TNS and WPP, which is rumoured to involve a financial backer who could allow… Continue reading WPP Makes Hostile Bid For TNS

ITV has hired Richard Parboo as new head of agency sales strategy in the online sales team, which covers itv.com and Friends Reunited.Parboo has left his role as head of networks for MySpace to concentrate on ITV’s online and broadband strategy.Parboo became one of the first hires in the commercial team during Fox Interactive’s start… Continue reading ITV Appoints New Sales Head

The board of TNS has unanimously rejected WPP’s £1.082 billion unsolicited takeover bid made earlier today, saying it “substantially undervalues TNS, even on a standalone basis.” This is the fourth takeover bid WPP has made and it came just prior to the 7.30am deadline set by the takeover panel for a formal offer for TNS.… Continue reading TNS Rejects WPP Takeover Bid

Bauer Advertising digital sales director Bruce Daisley has left the company as part of ongoing redundancies at the publisher.Sales director of magazines Jason Trout has also left the company as part of a wider restructuring of the publisher following its purchase of Emap in 2007.Bauer purchased Emap’s magazine and radio divisions for £1.14 billion last… Continue reading Daisley Leaves Bauer

Microsoft would be willing to re-enter takeover talks with Yahoo! but only if the company replaces its board of directors at its annual meeting on August 1. In a statement, Microsoft said that it “would be interested in discussing with a new board a major transaction with Yahoo!, such as either a transaction to purchase… Continue reading Microsoft Could Return With Yahoo! Bid If Board Changes

Global Radio has confirmed that it could cut up to 30 jobs in a “prudent reaction to the current economic climate”. Cuts are expected to be made across programming, human resources, technology and among journalists across LBC, Galaxy and Heart, according to a report on MediaGuardian.co.uk. Sources are reported as claiming that cuts will see… Continue reading Jobs Could Be Cut At Global Radio