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This week will see Sky launch its appeal against the Competition Commission’s ruling forcing it to reduce its 17.9% stake in ITV to under 7.5%. The news comes three weeks after business secretary John Hutton followed the Competition Commission’s recommendation, leaving Sky until next Monday to lodge an appeal (see Sky Told To Reduce ITV… Continue reading Sky To Launch ITV Stake Appeal This Week

New figures from Nielsen Media Research show that BSkyB’s total advertising spend has increased more than 30% year on year, to as much as £160 million in 2007. Nielsen said that BSkyB spent £115 million on above-the-line media, a 60% year on year increase. Agency estimates put BSkyB’s total media spend for 2007 at close… Continue reading Sky’s Media Spend Could Be As High As £160m

Ofcom has announced new measures to strengthen viewer protection in participation TV, introducing new mandatory licence conditions for television broadcasters.The new measures come after a host of phone-in scandals rocked the industry, with the watchdog handing out massive fines to Channel 4 (see Ofcom Fines Channel 4 £1.5m Over Phone In Quizzes) and GMTV (see… Continue reading Ofcom Announces New Licence Conditions For TV Phone-Ins

BSkyB’s total advertising spend has increased more than 30% year on year, to as much as £160 million in 2007, according to new figures from Nielsen Media Research.BSkyB spent £115 million on above-the-line media, said Nielsen, a 60% year on year increase.Agency estimates put BSkyB’s total media spend for 2007 at close to £160 million,… Continue reading Sky’s Media Spend Could Reach £160m

Scottish Media Group has now received four offers for Virgin Radio, of between £60 million and £70 million, pushing the group’s share price up. A surprise bid has come from Malaysia’s largest media company, Astro All Asia Networks, with other bidders including Global Radio, which recently offered £313 million for industry leader GCap Media (see… Continue reading SMG Gets Four Offers For Virgin Radio

It was another busy week in the City, with Yahoo! the main focus of attention following Microsoft’s attempted $45 billion takeover.At the start of the week, Yahoo! rejected the bid, saying that it substantially undervalues the company (Full Story).However, a deal could still go ahead if Microsoft returns with an improved offer, which reportedly might… Continue reading Media In The City: Yahoo! Still Centre Of Attention

Yahoo! has restarted talks with AOL about a deal designed to help it avoid a takeover by Microsoft. AOL is believed to have held discussions with Yahoo!’s advisers in recent days to see if an agreement between the two companies is possible. Yahoo! and AOL have held discussions in the past, but failed to team… Continue reading Yahoo! Reopens Talks With AOL

Yahoo! has sent a letter to shareholders telling them that its current management and strategy will create value in the face of Microsoft’s $45 billion takeover bid. It is now believed that Microsoft is considering its options following Yahoo!’s rejection of its bid (see Yahoo! Rejects Microsoft Takeover Bid), with Facebook mentioned as a possible… Continue reading Yahoo! Says It Can Create Value In Face Of Microsoft Bid

Omnicom Group has announced that net income for the fourth quarter of 2007 increased 13.2% to $313.9 million from $277.2 million in the fourth quarter of 2006. Worldwide revenue increased 12.7% to $3,626.0 million, from $3,216.2 million in the fourth quarter of 2006. Domestic revenue for Q4 increased 9.5% to $1,845.9 million compared to $1,685.1… Continue reading Omnicom Posts Revenue Increase

POSTAR has announced a significant increase in its investment in audience research for out of home.For the first time, POSTAR will measure all OOH media and use GPS technology to accurately record consumers’ travel patterns and exposure to out of home.The new POSTAR research will provide a unified currency for audience measurement across all the… Continue reading POSTAR Announces Significant New Investment Plans