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French entrepreneur, Vincent Bollore has bought a further 2.9 million shares in media and communications company, Aegis, taking Group Bollore’s total interest in the business to 25.47%. According to a report in this mornings Times, Bollore also acquired an extra 0.35% in French advertising group, Havas. Since September Bollore has steadily been increasing his share… Continue reading Bollore Increases Aegis And Havas Stake

Peter Salmon will step down from his position as chief executive of the Television Corporation, taking up the role of chief creative officer of the company later in the year. Salmon, ex BBC director of Sport, joined TV Corp as group executive last summer, replacing Jeff Foulser who took up the role of director of… Continue reading Salmon To Step Down As TV Corp Chief Executive

Internet shopping in the UK rose by a almost 50% during the ten week run-up to Christmas 2005, with shoppers spending £5 billion online, compared with £3.33 billion during the same period in 2004. According to new figures from the Interactive Media in Retail Group (IMRG), sales peaked during the week commencing 5 December, with… Continue reading UK Online Shopping Up By 50% Over Christmas

Worldwide sales of music via the internet and mobile phones generated sales of $1.1 billion in 2005, up from just $380 million in 2004, with the market looking set to continue significant growth in the coming year. According to new figures from the International Federation of the Phonographic Industry (IFPI), digital music now accounts for… Continue reading Global Digital Music Sales Reach $1.1 Billion In 2005

Robert Lerwill, chief executive of Aegis has said that the media and communications company is not holding any talks with Vincent Bollore in regards to a possible merger with rival advertising group Havas.Lerwill added that he would be opposed to granting Bollore a seat on the Aegis board of directors if the French entrepreneur were… Continue reading Lerwill Denies Possible Havas Merger

Robert Lerwill, chief executive of Aegis has said that the media and communications company is not holding any talks with Vincent Bollore in regards to a possible merger with rival advertising group Havas. Lerwill added that he would be opposed to granting Bollore a seat on the Aegis board of directors if the French entrepreneur… Continue reading Lerwill Denies Possible Havas Merger

Search internet giant, Google, has appointed Mark Howe as managing director of Google UK, continuing Google’s ongoing investment in Europe. Howe brings with him over 20 years worth of experience working in the British television industry, with his previous position being managing director of Flextech’s media sales house, Interactive Digital Sales. Commenting on the appointment,… Continue reading Google Appoints Howe As UK MD

UK publishing group, Pearson, expects to report “significant” underlying growth in sales and earnings per share for 2005, with the owner of the Financial Times and Penguin Books saying trading was good last year, with 2006 looking to be “another good year.” Pearson revealed that it enjoyed strong trading at the end of 2005, helped… Continue reading Pearson Enjoys Strong 2005

ITV has announced a succession of new directors across its range of operations this morning, including the appointment of Ben McOwen Wilson to the newly-created position of strategy director. McOwen Wilson will join the broadcaster in March from Spectrum Strategy Consultants, where he is a partner, reporting to ITV chief executive Charles Allen. The new… Continue reading ITV Signs New Strategy, Finance & Entertainment Chiefs

United Business Media (UBM) has announced the appointment of Gary Hughes as the new chief executive of CMP Information (CMPi), the company’s specialist consumer publishing division. Hughes will take up the new role later this month, bringing extensive media experience, most recently from his five year role as group finance director at Emap, a position… Continue reading UBM Appoints Ex-Emap Director As New CMPi Chief Executive