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Microsoft’s success in the digital gaming world will help the global games industry to grow from $35.3 billion in 2005 to $58.4 billion in 2007. According to a new report from Informa Telecoms & Media, Microsoft’s latest XBox games console will boost the overall performance of the industry, with competitors Sony and Nintendo also planning… Continue reading Global Games Industry To Reach $58.4 Billion In 2007

Vincent Bollore continues to raise his presence in media and communications group Aegis, with the latest reports showing the French entrepreneur having increased his stake to 20.48%. Bollore purchased 3 million shares at around 125 pence, pushing his hold in the company up from the 20.22% announced yesterday (see Bollore Raises Aegis Stake Further). The… Continue reading Bollore Keeps Pushing Aegis Stake Up

French entrepreneur Vincent Bollore has increased his stake in Aegis pushing his shares up to 20.22% from the 20.13% announced last Friday, furthering industry speculation over his intentions towards the media and communications company (see Bollore Surpasses 20% Share In Aegis). Bollore has been steadily increasing his presence in Aegis, with the latest purchase made… Continue reading Bollore Raises Aegis Stake Further

French entrepreneur Vincent Bollore continued his month-long spending spree this morning, buying a further 1.87 million shares in media group Aegis, pushing his share in the firm above 20%. The latest purchase was made through Financiere Du Loch, controlled by Bollore, and gives the media tycoon a total share of 20.13% in Aegis. Bollore has… Continue reading Bollore Surpasses 20% Share In Aegis

Satellite giant BSkyB has announced an agreement to purchase internet service provider EasyNet in a deal worth £211 million, giving the company a slice of the UK’s rapidly growing broadband market. The deal will see BSkyB pay 175p per share in cash for each share in EasyNet, a price roughly 38% up on their value… Continue reading Sky Nets ISP For Triple Play Services

French entrepreneur and chairman of Havas, Vincent Bollore, continued to increase his stake in media buying firm Aegis today, approaching the 20% mark with the purchase of 9.15 million shares. The purchase, made through Bollore’s Financiere Du Loch, gives the media boss a total share of 19.96% in the company, which owns and operates the… Continue reading Bollore Boosts Share In Aegis To Almost 20%

Newspaper giant Trinity Mirror has warned employees that it may be forced to make redundancies across its national and regional portfolio. The company, Britain’s largest newspaper publisher, said that concerns over advertising revenues may lead to job losses, with an internal memo explaining: “All media owners are currently experiencing tough trading conditions due to the… Continue reading Trinity Mulling Job Cuts Across Portfolio

Groupe Bollore, owned by French entrepreneur and Havas chairman Vincent Bollore, has further increased its stake in Aegis Group to 19.15%, increasing from the 19.10% share reached yesterday. The company’s latest purchase of 629,939 shares at 126 pence per share is described as a financial investment by Bollore, as opposed to a strategic holding. However,… Continue reading Bollore Continues To Raise Share in Aegis

Highbury House Communications has announced the departure of Mike Frey, chief operating officer of the group revealing the news in a statement to the city this morning. According to Highbury, Frey left the company by mutual consent with immediate effect and will not be replaced. Last month, Highbury appointed Kelvin MacKenzie as executive chairman of… Continue reading Frey Leaves Highbury House

Groupe Bollore has continued to raise its share in Aegis, with the latest reports revealing that Vincent Bollore has purchased more shares, increasing his stake in the media and communications agency to 19.1%, up from the 17.4% level announced on Saturday. Bollore is moving closer and closer to holding a 25% level in the company,… Continue reading Bollore Increases Aegis Stake To 19.1%