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The media, telecoms and creative industries are set to gain access to a new £2.5 billion public fund aimed at creating more highly skilled jobs, according to Alistair Darling.In his budget announcement yesterday, the chancellor said: “There is £2.5 billion for business, to encourage investment in the industries and high-paid high-skilled jobs of the future.”In… Continue reading Darling: Media industry to get £2.5b public fund

Interactive video network Smartclip has launched in the UK, offering agencies and advertisers the ability to convert TV ad campaigns to an online video format.The German network, which was founded by by ex-Lycos executives Jean-Pierre Fumagalli and Roland Schaber last year, has run 180 advertising campaigns across its 300-plus network of publishers, with more than… Continue reading Video network Smartclip launches in the UK

German publisher Burda has relaunched its real-life weekly Full House! magazine and reduced its cover price to 50p.The new-look title will feature a new 12-page weekly pullout, “Beat the Credit Crunch”, in a bid to appeal to readers who are feeling the economic pinch, according to reports.Editor Dave Claridge said Full House! is now more… Continue reading Burda relaunches Full House!

Michael Grade is set to step down as chief executive of ITV before the end of the year to become a non-executive chairman and allow the broadcaster to bring in a new chief exec.Grade’s decision comes after reports last month that ITV shareholders were pushing him to take a step back in return for pumping… Continue reading Michael Grade to step down as ITV chief executive

Xfm breakfast DJ Alex Zane is leaving the Global Radio station and being replaced by Ian Camfield, currently presenter of the 12-4pm slot.It is understood that Zane is leaving by “mutual consent” as he has come to the end of his contract. His last show will be this Thursday.The latest RAJAR figures, for Q4 2008,… Continue reading Alex Zane to leave Xfm’s breakfast show

The BBC’s free to air high definition channel BBC HD is now available via BBC iPlayer, allowing users to stream HD programmes for up to seven days after broadcast.BBC iPlayer users will now be able to download and watch a wide range of high definition programmes from across other BBC channels, with up to five… Continue reading BBC HD comes to iPlayer

ISBA is set to back Project Canvas, the video-on-demand venture proposed by the BBC, ITV and BT, as “an important commercial counterbalane” to the BBC’s iPlayer service.Regulators are currently in the process of reviewing the proposed service, which would use an open internet connection to deliver on-demand viewing to television screens.Project Canvas follows the joint… Continue reading ISBA endorses BBC’s Project Canvas

Press Gazette, the newspapers’ trade magazine will continue to publish under its new owner Progressive Media.Earlier this month, the title’s former parent company, the Wilmington Group, announced that the magazine would cease printing after the May edition due to the current economic conditions (see Press Gazette to close after 40 years).At the time, a company… Continue reading Press Gazette lives on

Paul Maskell, research director at Ipsos MediaCT, examines YouTube’s impact on traditional media for delivering music videos…

Yahoo! warns it could cut 5% of its global workforce despite posting pre-tax profits of nearly $80 million in the first quarter of 2009.Yahoo!’s chief executive Carol Bartz said the company “is not immune to the ongoing economic downturn” when she unveiled the search engine’s financial results last night.Last October, the company announced it would… Continue reading Yahoo! warns of job cuts as Q1 figures are released