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Thanks to the growth in usage of video game consoles online and the continued boom in broadband take-up, the online game market is expected to grow from $3.4 billion in 2005 to $13 billion in 2011. A new study from DFC Intelligence, entitled The Online Game Market, places massively Multiplayer Online Games (MMOG’s) at the… Continue reading Online Games Could Hit $13 Billion By 2011

Vincent Bolloré has told Havas shareholders that he does not expect to win two seats on the Aegis board at their annual shareholder meeting on Wednesday. Speaking at Havas’ annual shareholder meeting Bolloré said: “We don’t have much hope of being appointed,” although he did add that under British law a shareholder with a stake… Continue reading Bollore Does Not Expect Two Seats On Board

Aegis’ upcoming AGM will see shareholders given one vote for each share they own, as Group Bolloré’s proposals to have Philippe Germond and Roger Hatchuel (see External Candidates For Aegis Board) elected to the board come under increased attack. Voting on the resolutions on June 14 (see Aegis Board Urge Shareholders To Block Nominations) will… Continue reading Aegis Board: One Share, One Vote

Joaquim Agut Bonsfills, chief executive of production company Endemol, has resigned amid speculation that the company is about to be sold by its Spanish owner Telefonica. British Tom Barnicoat has been tipped as the new head of the Dutch Big Brother producer. Mr Barnicoat is currently the chief operating officer and a former head of… Continue reading Endemol Chief Exec Quits Amid Takeover Speculation

First-quarter organic growth for the Publicis Groupe grew 6.3%, its chairman and chief executive Maurice Levy told shareholders at the network’s AGM yesterday. At the meeting, he said: “New business remains vigorous and promising. In addition, the overall global advertising environment is favourable, marked by strong growth in the US and China, as well as… Continue reading Publicis Sees Q1 Growth

The Carphone Warehouse has received a huge response to its offer of free broadband through its TalkTalk service, with initial demand significantly ahead of forecasts, reveals the group’s preliminary results for the year ending April 1 2006. According to Charles Dunstone, the chief executive officer of The Carphone Warehouse, it has connected more customers in… Continue reading Free Broadband Exceeds Expectations For Carphone Warehouse

Daily Mail & General Trust is to lose its place on the FTSE 100, based on market capitalisations at the close of business last night. The company, whose group businesses include Associated Newspapers and dmg world media, has performed badly all year, seeing its share price drop 20% in that period and failing to sell… Continue reading DMGT Loses Place On FTSE 100

WPP’s poor share price performance could cost its chief executive, Sir Martin Sorrell, up to £44 million, despite a leap in his pay cheque by more than a third to £3.3 million. Sir Martin could still get his full bonus if WPP’s share price takes off over the next three years. However, for the maximum… Continue reading WPP’s Poor Share Performance Costs Sorrell £44 Million

ITV is to cut 40 jobs from its Meridian and Central regional news teams and Sky News is also to cut jobs as it revamps its schedule. Reports in The Guardian say that Sky News could axe Sky Report and World News Tonight, with a formal announcement to employees about their futures expected to come… Continue reading News Channel Job Cuts

Shares in ITV rose 1.2% last week, as rumours circulated that the broadcaster could be the focus of a take-over bid by US private equity group Kohlberg Kravis Roberts. This defied the downward market trend, which saw the FTSE 100 surrender all and more of Friday’s 2% gain after another session of unstable trading. Rumours… Continue reading ITV Bucks Stock Market Trend