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WPP has signed a definitive agreement to swap certain assets with The Nielsen Company, which will allow the group to complete its £1.1 billion takeover of Taylor Nelson Sofres (TNS).The deal will see WPP give up its 50% stake in Nielsen, which will mean Nielsen will now own 100% of the international television audience measurement… Continue reading WPP and Nielsen agree to swap assets

Five is set to launch a dedicated children’s channel following the success of its kids’ strand Milkshake.The broadcaster could roll-out its first digital channel since 2006 as early as next year, according to reports.Carl Ratcliff, head of brand strategy and marketing at Five, said: “Our Milkshake brand is very strong, so we are in ongoing… Continue reading Five to launch dedicated kids’ channel

A new report has found that cutting TV advertising budgets relative to competition is very likely to shrink ‘brand value’ – the willingness of consumers to pay a relative premium for a specific brand.Produced by PricewaterhouseCoopers LLP (PwC) for Thinkbox, the report shows that, within a year, reducing share of advertising investment – in particular… Continue reading New report finds that cutting TV advertising can damage brand value

ITV has insisted that its decision to integrate its online assets into its programming operations last week was not a cost-cutting tactic.The restructure will see all of ITV’s online assets, which include video streaming, ITV programming and project Kangaroo, fully integrate with ITV’s family of broadcast channels (see ITV integrates online and programming operations).Michael Grade,… Continue reading ITV insists online and video merger is not a cost-cutting tactic

The X Factor topped the weekend viewing figures once again, pulling in more than 10.7 million peak viewers to ITV1 on Saturday evening.An average of almost 10.2 million average viewers tuned in to see the remaining acts sing Mariah Carey hits, securing ITV1 with a massive 42.6% audience share, while a further 9.2 million peak… Continue reading The X Factor stays on top

Project Kangaroo has announced that Ashley Highfield is standing down from his role as chief executive.A joint statement from BBC Worldwide, ITV and Channel 4, said: “The shareholders would like to thank Ashley for all his hard work and dedication to the venture.”Rod Henwood, currently lead regulatory adviser for the project, has been appointed interim… Continue reading Kangaroo CEO steps down

UK TV ad spend is expected to fall by 6% this year and 3% in 2009, before seeing growth of 2% in 2010 and 1% in 2011, according to ZenithOptimedia. Ad revenues for the main UK terrestrial channels will decline 7% in 2009, added the agency. Zenith’s UK Television Forecasts to 2012 predicts that the… Continue reading UK TV ad spend to fall this year and next

IPTV subscribers will grow from 20.4 million in 2008 to 89.6 million in 2012, according to Multimedia Research Group’s latest IPTV Global Forecast. To drive this growth, IPTV Operators worldwide are expected to continue investing in improved quality-of-service, ease-of-operation, HD content, exclusive programming and time-shifting as differentiating features. In Europe steady IPTV subscriber growth continues… Continue reading IPTV to reach 89.6m subscribers globally in 2012

Over the past six months, the popularity of online video services in the US has grown significantly with women and older consumers, helping close the age and gender gap within the burgeoning online video audience, according to new data from Ipsos MediaCT. Ipsos MediaCT’s MOTION study illustrated the widespread appeal online video services have with… Continue reading Online Video Services Growing In Popularity In US

ITV1’s special Duchess and Daughters only managed to secure 2.3 million average viewers between 9pm and 10pm last night.The ITV ‘tonight special’, which saw Sarah Ferguson and her daughters visit Romania and Turkey to expose conditions inside orphanages, picked up 2.6 million peak viewers and a 10.3% audience share.At the same time, Channel 4’s royal… Continue reading Fergie fails to impress