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BSkyB and Ladbrokes have agreed to form a joint 50:50 venture to offer a fixed-odds and pools betting service via the Sky Digital television platform. Ladbrokes’ Vernons pools business will be transferred to the joint venture and BSkyB will contribute its wholly-owned bookmaker Surrey Sports, which already operates on Sky Digital. The service will operate… Continue reading BSkyB And Ladbrokes To Create Digital TV Betting Service

Final results from BSkyB are expected to show the rewards of three years of investment, according to analysts ABN Amro. The company is due to release its full year results on 25 July. Despite the seasonal slowdown in the fourth quarter, ABN says it expects the figures to reveal the extent to which ‘BSkyB’s underlying… Continue reading Profits Expected In Sky Finals

Business to business display advertising has been impacted by the technology and telecom adspend downturn, but recruitment revenues have remained strong at EMAP, according to chairman Adam Broadbent’s AGM statement. The consumer magazine division is showing some growth and circulation revenues are continuing to improve, the company said. Radio advertising has shown a decline in… Continue reading EMAP First Half Marginally Behind Last Year

Europeans remain wary web shoppers but the UK is leading the way, according to a new Wall Street Journal Europe/GfK Worldwide Survey. The survey of 12,500 Western European consumers shows that whilst almost half have access to the internet, only around 20% have actually bought anything online in the last six months. Even those that… Continue reading UK Leads European Online Shopping, Says GfK Survey

Anglo-Dutch publisher, Reed Elsevier, has successfully completed its take offer for Harcourt General (see US Clears Reed’s Harcourt General Acquisition), the company announced this morning. The merger of the two companies will create the world’s largest scientific and medical publisher. Once the merger has been completed, Reed said it will complete the on-sale of the… Continue reading Reed Elsevier Completes Harcourt Acquisition

The French government has announced its intention to bring high speed internet access to the whole country and is to pour €4.6 billion into the project. The plans are designed to ‘open the Information Age to everyone,’ according to French prime minister Lionel Jospin. The Government will develop the high-speed Net access services across cable,… Continue reading French Government To Bring High-Speed Net Access To All

Around 16% of the population in Hungary have access to the internet, according to research by NetValue as reported on Europemedia. Separate research from KOD Business and Media Research puts the figure at 16.3%. This is below the critical mass at which the Net starts to have significant effects on business and society, says KOD;… Continue reading Around 16% Of Population Online In Hungary, Say Studies

According to media recruitment agency The Davis Company, media sector salaries have yet to show any signs of falling in line with the general downturn affecting the industry as a whole. In a survey of clients and candidates over that past year, salaries in the ‘junior’ bracket rose by around 13% whilst salaries for more… Continue reading Salaries Rise Above Adspend Fall

Carlton Communications has lost millions of pounds on the sale of its Technicolor production business to Thomson Multimedia (see Carlton Shareholders Approve Sale Of Technicolor), after shares in latter have fallen by more than a third since the deal was agreed, a report in the Sunday Telegraph claims. This affects Carlton’s proceeds from the disposal… Continue reading Carlton’s Technicolor Sale Loses Value

A sharp fall in the market value of Future Network has led the company to issue a reassuring statement this morning. Future says that there has been no deterioration in its financial condition, the performance of its businesses or in the company’s expectation of its performance since the previous trading statement was posted on 8… Continue reading Future Reassures Investors Following Dramatic Shares Slump