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Harry Potter and The Half-Blood Prince lived up to its magical hype, conjuring up a staggering £19.8 million in its first five days at UK and Ireland box offices.The sixth film in the Potter fantasy series hasn’t disappointed audiences, or its distributor Warner Bros, making a massive £11.9 million during its opening weekend in the… Continue reading All-new Harry Potter opens with almost £20m

BBC One’s The Street secured the highest ratings during the all-important prime time slot last with 5.3 million peak viewers.The second episode in the six-part series, which saw a single mother played by Anna Friel turn to prostitution to pay off her debts and provide for her two sons, attracted over 5 million average viewers… Continue reading Overnights: The Street banks the top spot with 5.3m viewers

Future publishing’s Classic Rock magazine is launching a new subscription service letting readers download new albums before they are released in shops.The Classic Rock Club service – Future’s first premium content offering – costs £3 a month and is being launched with online content specialist Jack Brand, according to a report on MediaGuardian.The editorial team… Continue reading Classic Rock magazine launches new subscription service

Investment in Public Service Broadcasting (PSB) programming from the five main broadcasters has dropped by almost 15% over the last four years, according to new research.Ofcom’s latest PSB annual report shows that the five main PSBs spent £2.6 billion on original UK programmes in 2008, down from £3 billion in 2004.The report also found that… Continue reading Ofcom: PSB investment in decline

Comment and analysis from MediaTel Group’s ‘Future of National Newspapers’ seminar re-enforces the scale of the task ahead for the newspaper business model, says our weekly columnist Raymond Snoddy… Careless users of PowerPoint presentations are far more effective in curing insomnia than endless numbers of sheep. But just occasionally a well targeted chart or table can… Continue reading Will the pay model really work for newspapers online…?

Yahoo! has unveiled its revamped homepage today with new features including integrated social networks such as Google and Facebook.The new opt-in site has been made available in the US today and will be released across Yahoo!’s international properties throughout the rest of the week, including the UK.Yahoo!’s chief executive Carol Bartz said the redesigned homepage,… Continue reading Yahoo! unveils its new homepage

The global internet population will grow more than 45% over the next five years, to 2.2 billion, according to a new report from Forrester Research. Nearly half of all European Internet users are currently clustered the UK, France, Germany, Spain, and Italy, said Forrester. Within these five markets, internet penetration is highest in the UK… Continue reading Global online population to grow 45%

A new study has found that 29.4 million people accessed at least one social networking site in the UK in May, averaging 4.6 hours per visitor during the month. The comScore study, shows that social networking has become a mainstream online activity among all age groups, with 80% of the total UK online population having… Continue reading Almost 30m people in the UK accessed social networks in May

Total net revenues at Metro International declined by 26% year on year in the second quarter of 2009, to €60.7 million. Adjusting for currency movements, closed and divested operations and revenues lost due to the Easter Holidays, net revenues were down 12%. The company’s total operating loss was €3 million for Q2, while the net… Continue reading Metro International reports revenue decline

Independent News & Media is in talks with banks and bondholders about extending its debt standstill deal, according to a Financial Times report. The publisher of the Independent has a standstill agreement in place which is due to expire on Friday. If an extension is agreed INM will avoid going into examinership, or bankruptcy protection.… Continue reading INM negotiating debt standstill extension