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News Corporation has sold its TSL Education division to Exponent Equity for £235 million, marking the first disposal of owner Rupert Murdoch’s newspaper titles since he entered the market 36 years ago. The deal will see News International continue to print and distribute The Times Educational Supplement and the Times Higher Supplement, with the sale… Continue reading Murdoch Sells TSL Education

Internet search icon Google is to begin streaming television broadcasts over the internet after signing up American broadcasters and holding negotiations with the BBC over the possibility of British content.According to reports, the search giant hopes to amass an online library of programmes which can be searched and viewed online from any computer.The service has… Continue reading Google To Host Online TV Service

David Elstein, former chief executive of Five and current chief executive of Hallmark, has lashed out at the Government’s plan for digital switchover, branding the exercise “almost completely unnecessary” and claiming it is designed purely to “reinvent spectrum scarcity.”Speaking on BBC Radio 4’s You and Yours programme, Elstein said: “Digital switchover for me an amazing… Continue reading Switchover ‘Completely Unnecessary’ Says Elstein

Media owners need to master effective convergence of their online and offline properties if they are to survive in the future, according to the Financial Times, which this month launched its first electronic version specifically for handheld devices.Speaking at the Ad:Tech London conference this week, the FT’s director of online publishing Nigel Pocklington explained that… Continue reading FT Boss Claims Convergence Is The Key To Success

Future has announced that trading for the second half of 2005 has continued at levels below expectations, with the specialist magazine publisher attributing the demise to newsstand weakness in the UK and France, combined with a higher level of new product development expenditure.According to its trading statement, total group turnover for the 11 months to… Continue reading Future Reveals Trading Below Expectations

Future has announced that trading for the second half of 2005 has continued at levels below expectations, with the specialist magazine publisher attributing the demise to newsstand weakness in the UK and France, combined with a higher level of new product development expenditure. According to its trading statement, total group turnover for the 11 months… Continue reading Future Reveals Trading Below Expectations

Highbury House Communications has revealed that revenues for the first half of 2005 are down by 28% year on year to £39.6 million, resulting in an operating loss of £2 million, according to its trading statement published today. Total operating losses were shown to be £11 million, compared to £22.9 million last year, with revenues… Continue reading Highbury Revenues For First Half 2005 Down By 28%

French entrepreneur Vincent Bollore has increased his stake in Aegis to “close to 9%”, further fuelling industry speculation that he will enter the bidding for overall control of the firm. Bollore, chairman of rival agency Havas told a French news conference: “Maybe Aegis will be a long-term shareholding one day, but for the moment it… Continue reading Bollore Raises Aegis Stake To 9%

Highbury House has announced the appointment of Michael Peter Alan Frey as its new chief operating officer with immediate effect, promoting the magazine boss from his previous position as managing director of Highbury Entertainment.Frey joined the company as managing director of Highbury Entertainment in September 2004, with 20 years of experience in magazine publishing, beginning… Continue reading Highbury Appoints Entertainment Boss As New COO

French entrepreneur Vincent Bollore has increased his stake in Aegis to “close to 9%”, further fuelling industry speculation that he will enter the bidding for overall control of the firm.Bollore, chairman of rival agency Havas told a French news conference: “Maybe Aegis will be a long-term shareholding one day, but for the moment it is… Continue reading Bollore Raises Aegis Stake To 9%