More Media Business articles

Emap has agreed to sell its Republic of Ireland radio stations to the Irish and European radio group Communicorp Group for around £135 million. The sale is conditional upon obtaining certain necessary regulatory clearances which Emap expects to be obtained in the second half of its financial year.The stations, comprising Today FM, FM104 and Highland… Continue reading Emap Agrees Sale Of Irish Stations

Emap has acquired Torcello Publishing Limited, owner of Infrastructure Journal, a subscription-based online information service aimed at the infrastructure project finance market, £20 million. Infrastructure Journal is an online news and information service providing subscription services and networking events for participants in the project finance market. Infrastructure Journal is a global business with 70% of… Continue reading Emap Acquires Torcello For £20 Million

Tiscali is to acquire Pipex Communications’ broadband and voice division for £210 million. The Division, which has more than one million customers, was expecting 2007 sales of over £300 million. Mary Turner, CEO of Tiscali UK, said: “The acquisition of Pipex’s broadband and voice division further cements Tiscali’s position as a fully integrated telecom and… Continue reading Pipex To Sell Broadband Division To Tiscali For £210 Million

Media group Emap has seen its underlying revenue drop 2% year on year for the quarter, with revenue for its UK consumer magazines division down 8% this quarter on last. Its titles, which include mens’ magazines Zoo and FHM, have seen advertising revenue fall 13% and overall circulation dip 4%. The group’s radio interests recorded… Continue reading Emap Records 2% Underlying Revenue Drop

James Murdoch, chief executive of BSkyB, has said that a takeover of Virgin Media could eventually lead to an agreement over the channel dispute between the two companies. Sky and Virgin Media are currently in court over the dispute, which has been running since the two companies were unable to reach a deal over carriage… Continue reading Murdoch Supports Virgin Takeover

Dow Jones has listened to alternative bids to a takeover by Rupert Murdoch from California billionaire Ron Burkle in partnership with internet entrepreneur Brad Greenspan. According to a report on MediaGuardian.co.uk, Burkle and Greenspan had a meeting last night with Dow Jones where they outlined a possible alternative to Murdoch’s $5 billion (£2.5 billion) bid.… Continue reading Dow Jones Looks At Alternative Bids

Google is to buy Postini, an email security specialist serving more than 35,000 businesses and 10 million users worldwide, for $625 million. Postini’s services – which include message security, archiving, encryption, and policy enforcement – can be used to protect a company’s email, instant messaging, and other web-based communications. Eric Schmidt, chairman of the board… Continue reading Google Buys Email Security Firm

Carlyle, the US private equity company bidding for Virgin Media, could axe the Virgin brand name if its takeover is successful. Yesterday’s Observer reported that the move, which would cut ties with Sir Richard Branson, could pave the way to a reconciliation with Sky following the dispute over Virgin’s carriage of the Sky’s basic channels.… Continue reading Virgin Media Bid Firm Could Axe Branson Link

The Dow Jones board is still looking for an alternative bid to Rupert Murdoch’s, as it enters the final phase of negotiations with News Corporation. A report in today’s Financial Times says that the ad-hoc committee of Dow Jones directors is set to meet today with California billionaire Ron Burkle to discuss a possible purchase… Continue reading Dow Jones Still Seeking Alternative Bidders

A new estimate from the National Institute of Economic and Social Research (NIESR) projects that the output of the UK economy in the three months ending in June was 0.7% higher than in the previous three months. NIESR’s track record of producing early estimates of GDP suggests that its projection for the more recent three-month… Continue reading UK Economic Output Grows 0.7%