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News Corporation, Rupert Murdoch’s global media behemoth, could sell MySpace in exchange for a quarter of Yahoo! Reports have emerged that Murdoch is apparently in talks with Yahoo! about selling the social networking giant for $12.3 billion (£6.2 billion) for a 25% stake in one of Google’s main competitors. According to a report in News… Continue reading Murdoch Could Sell MySpace For 25% Stake In Yahoo!

New research from The Diffusion Group (TDG) claims that 11% of adult broadband users in the US (12 million consumers) listen to podcasts at least once a month. TDG’s latest report on new media usage, Podcast Usage Profiles and Demand Forecasts Thru 2012, predicts that by 2012 this number will grow to 24% of broadband… Continue reading US Podcasting Audience Continues To Grow

More than 80% of households in the UK now receive digital television services on their primary set, up from more than 77% in the last quarter, with almost 82% of homes receiving multi-channel TV at the end of Q1 2007. Ofcom’s latest Digital Progress Report has shown that more than 20.4 million households now have… Continue reading UK Digital TV Penetration Exceeds 80%

Terry Semel has stepped down as Yahoo! chief executive after six years at the helm, to be replaced by co-founder of the company, Jerry Yang. Susan Decker, who became executive vice-president last December, has also been promoted, to president of the company. Semel’s departure follows criticism that he did not do enough to capitalise on… Continue reading Terry Semel Steps Down As Yahoo! Chief Exec

Chrysalis has reportedly entered into talks with Irish private equity firm Lydian Capital over the sale of its radio business. It is thought that the deal, estimated to be worth between £170 million and £180 million, could be completed by the end of the week. Lydian Capital, in exclusive discussions to buy the radio business,… Continue reading Irish Investors In Chrysalis Radio Talks

A new study from comScore shows that 80% of the UK online population (aged 15 or older who have accessed the internet from either a home or a work computer), initiated a video stream in April 2007, compared to 76% in the US, 79% in France, and 70% in Germany. The study also reported that… Continue reading UK Internet Users Leading Consumers Of Online Video

Television advertising spend will rise in 2007 despite a sluggish start to the year, according to Nick Bampton, managing director of Viacom Brand Solutions (VBS). Bampton was speaking at the Marketing Week TV conference, where he said that despite an “annus horribilis” in 2006, TV advertising was up nearly 11% in six years. Figures from… Continue reading TV Adspend Predicted To Rise

ITV1’s new 9pm drama, The Time Of Your Life, about a woman trapped in a coma for 18 years, picked up a peak audience of 6.4 million adult viewers last night.Perhaps mindful of the success enjoyed by the John Simm time-travel-coma bonanza that was Life On Mars, the ITV show spent some of its time… Continue reading New Drama A Success For ITV1

The National Readership Survey has recorded a 20% increase in its London response rate following the introduction of initiatives, such as a scheme of financial incentives for respondents.Introduced in September 2006, the NRS says that the incentive scheme is designed to help it meet the particular challenges facing major surveys in London, where the increase… Continue reading NRS Records 20% Increase In London Response Rate

Guardian News and Media has promoted Adam Freeman to the role of commercial director, responsible for the commercial development of the Guardian Unlimited website network.Freeman succeeds Stuart Taylor who is taking up the newly created position of commercial director of GMG Radio. Taylor transfers to the sister company in September, and will also become managing… Continue reading Freeman Appointed GNM Commercial Director