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Emap has sold its B2B magazine and exhibitions business to a joint venture between Guardian Media Group (GMG) and private equity firm Apax Partners. The £1 billion ($1.98 billion) sale comes soon after the £1.14 billion deal for its consumer magazine and radio assets to Bauer in December 2007 (see H Bauer Buys Emap Magazine… Continue reading Emap Sells B-2-B to GMG

The US competition regulator the Federal Trade Commission given approval to Google’s $3.1 billion (£1.5 billion) acquisition of DoubleClick. The acquisition was cleared by the FTC by four votes to one, with the regulator saying that the takeover was “unlikely to substantially lessen competition”. The decision is the culmination of an eight month investigation into… Continue reading US Regulator Approves Google DoubleClick Deal

Ofcom has unveiled figures showing that third quarter Freeview sales stood at almost 2.4 million, the platform’s second strongest quarter ever.Ofcom’s Digital Television Progress Report found that sales were driven by digital TVs, which accounted for just over 50% of Freeview sales and consistent set top box sales which have increased by 20% year-on-year.85% of… Continue reading Strong Q3 Sales Figures For Freeview

The Competition Commission has recommended that Sky be forced to sell down its 17.9% stake in ITV to under 7.5%.The Department for Business, Enterprise and Regulatory Reform today published the 163 page Competition Commission report, which found that the acquisition could be “expected to operate against the public interest”.The Competition Commission said that there are… Continue reading Competition Commission Recommends Sky Sell Down ITV Stake

UTV Media has acquired the Dublin based radio station FM104 from Communicorp Group for a cash consideration of €52 million (£37.1 million). UTV said that the acquisition will significantly enhance its presence in the Dublin radio market and represents a further significant step in the implementation of its stated strategy of building a network of… Continue reading UTV Acquires Dublin Radio Station

Last week there were reports that the Competition Commission could force Sky to reduce its stake in ITV to under 10%.A report in the Financial Times said that competition regulators are set to recommend to business and enterprise secretary John Hutton that Sky should reduce its holding from 17.9% to between 5% and 10% (Full… Continue reading Media In The City: Sky Could be Forced To Reduce ITV Stake

The over 50s are at the forefront of emerging trends in online shopping and increased spending at Christmas, a new survey from Millenium has revealed. Millennium polled more than 500 people online over the age of 50 across the UK and found that the internet has become their favourite method for shopping. 28% of respondents… Continue reading Over 50s At Forefront Of New Online Shopping Trends

ITV has stabilised its ad revenue, according to a trading update released today for the 12 months to December 31. The broadcaster said that its net advertising revenue was down 0.6% across all of its channels, compared with an 8.4% fall last year, while ITV1’s ad income dropped 4.4%, an improvement on the 12.4% decline… Continue reading ITV Ad Revenues Stabilise

Trinity Mirror has reported increased advertising revenues of 2.1% for the five months to the end of November. In a trading update released today, Trinity Mirror said that advertising revenues in its regionals division increased by 0.6% for the five months to November, compared with a decline of 1.0% for the first half. By category,… Continue reading Trinity Mirror Reports Increased Ad Revenues

Network advertising revenues (NAR) at ITV’s digital channels have increased to £209 million, according to a trading statement released by the broadcaster today.The trading update, for the 12 months to December 31 this year, shows that ITV2, ITV3 and ITV4, enjoyed an increase in NAR of approximately 32%.ITV added that it has stabilised its ad… Continue reading Ad Revenues At ITV Digital Channels Reach £209m