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UK cyber shopping visits continued to gain momentum in the last week of November, up 34% versus the average weekly online shopping activity in the eight weeks prior to the start of the Christmas shopping season, according to the latest figures from comScore. The study, the second in a series of three looking at the… Continue reading UK Online Shopping Sees Seasonal Growth

The Competition Commission is set to recommend that BSkyB reduces its stake in ITV to under 10%, according to a report today. The Commission is set to send its report to the government this week, and according to today’s Financial Times, competition regulators are set to recommend to business and enterprise secretary John Hutton that… Continue reading Sky To Be Forced To Reduce ITV Stake

Johnston Press has seen its overall advertising revenues increase by 0.2% with like-for-like UK print advertising revenues declining by 0.8% in the second half of the year. During the first half, the equivalent figures were reductions of 1.5% and 2.9% respectively. Advertising revenues in the Republic of Ireland declined by 1.2%, compared to the growth… Continue reading Johnston Press Ad Revenues Increase

One of the big talking points at today’s MediaTel Group seminar on ‘The Future Of Radio’ was whether there will be a continued consolidation of the commercial sector, with one of the panelists saying that it remains to be seen if H Bauer’s recent acquisition of Emap’s radio division could have “put a spoke in… Continue reading Continued Consolidation For Commercial Radio?

Aegis has added to its presence in South Africa, acquiring independent media agency Full Circle Media, based in Cape Town. Full Circle Media was established in 2000, and has a portfolio of domestic and international client brands including Really Great Brand Company, Goodyear, Media24, Safmarine and PG Glass. The acquisition of Full Circle Media follows… Continue reading Aegis Acquires Full Circle Media

Emap was once again the big story last week, as it sold its magazine and radio divisions to German publishing group H Bauer.At the start of the week it was reported that private equity firm Apax was the favourite to land the group’s business-to-business arm (Full Story).However, by Friday we found that this was not… Continue reading Media In The City: Emap Sells Magazine And Radio Arms To H Bauer

H Bauer has agreed to buy Emap’s magazine and radio businesses for £1.14 billion. Both sales are dependent on shareholder approval, while the sale of the radio business is also conditional on completion of the sale of Emap’s Irish radio business or, if there is not a sale, the transfer of Emap’s Irish Radio business… Continue reading H Bauer Buys Emap Magazine And Radio Divisions

German publishing group H Bauer has agreed to buy Emap’s magazine and radio divisions for £1.14 billion.In a statement released this morning Emap added that it will not be selling its business-to-business division, which covers trade magazines and exhibitions.Commentators had thought that the group’s business-to-business division was Emap’s most attractive asset and some had estimated… Continue reading H Bauer Buys Emap’s Magazine And Radio Divisions

Duncan Edwards, chief executive of the National Magazine Company, has confirmed that the company has pulled out of the bidding for Emap’s consumer magazine division. Edwards emailed staff earlier today to say that he would not be buying the business, according to a report on MediaGuardian.co.uk. The report quotes the email as saying: “As I… Continue reading NatMags Pulls Out Of Emap Bidding

ITV has acquired independent producer 12 Yard for an initial cash consideration of £26 million. A further payment of up to £9 million may be made in 2011, part of which is contingent on profit performance over a three-year period. 12 Yard, a joint venture between Hat-Trick Productions Limited and the management team of David… Continue reading ITV Acquires Production Company 12 Yard