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BT has reported a £1.3 billion loss for the last three months, giving it an annual loss of £134 million. As a result it is set to cut 5,000 jobs over the coming year, roughly 10% of its workforce. It has already axed 15,000 jobs over the past year. The telecoms firm also revealed that… Continue reading BT reports £1.3bn loss for last three months

Total social network ad spending in the US will fall 3% to $1.1 billion in 2009, from $1.2 billion in 2008, according to a new forecast from eMarketer. This is a significant turnaround from previous years, when spending grew an estimated 33% in 2008 and 129% in 2007, said eMarketer. The primary reason for the… Continue reading US social networking adspend to fall 3% in 2009

In April 2009, the ten web brands Britons spent the most time on accounted for 45% of all UK internet time – compared to less than 42% in April 2008. According to new figures released by Nielsen Online today, the average Briton spent 22 hours 20 minutes online or using internet-related applications in April 2009,… Continue reading The 10 most heavily used web brands account for 45% of total UK internet time

Channel 4’s chief executive Andy Duncan has told MPs that he expects to agree a partnership deal with BBC Worldwide within weeks.Speaking to the House of Commons culture, media and sport select committee yesterday, Duncan said he is hopeful that an agreement between the two broadcasters would be signed off before the government publishes its… Continue reading Andy Duncan: C4/BBC Worldwide deal is weeks away

BBC Worldwide’s chief executive John Smith claims that the corporation’s forthcoming partnership with Channel 4 would generate annual profits of around £200 million.Speaking at the House of Lords communication committee today, Smith said that a commercial venture between the two broadcasters, which is expected to be signed off before the final Digital Britain report is… Continue reading BBC Worldwide/C4 tie-up would generate £800 million turnover

Johnston Press is at risk of breaching its banking covenants after it ditched the planned sale of its Irish titles.In a trading statement issued this morning, the regional publishing group said despite “considerable interest” to buy its titles in the Republic of Ireland, which includes the Leinster Leader series, the board had been unable to… Continue reading Johnston Press ditches Irish sale

TV viewing data for April shows that ITV1’s share was down year on year, with the other main terrestrial broadcasters also seeing falls.All ViewingITV1’s viewing share was down 1.4 percentage points year on year, from 18.9% in April 2008 to 17.5% in April 2009.The channel did have some strong performing shows during the month though,… Continue reading Television Viewing Round-Up – April 2009

Media Playground is a full day conference and exhibition, which will be held in London on 4 June, aiming to deliver insight into media innovation and related advertising opportunities.Tickets for this event are now on sale for just £150 to MediaTel subscribers, IPA and IAB members.Delegates will be treated to four exciting seminars – Behavioural… Continue reading Explore and evaluate media innovation at ‘Media Playground’

NME Radio is launching on DAB in London from today, adding to its existing broadcast platforms – Sky, Virgin Media, Freesat and online.NME Radio is also available to listen to on 87.7FM in Manchester throughout May.Sammy Jacob, NME Radio managing and programming director, said: “Since launch we’ve been dedicated to making NME Radio available on… Continue reading NME Radio launches on DAB in London

UKTV is set to complete the rebranding of its channel portfolio by relaunching UKTV Food as Good Food.Good Food, a name which comes after a licensing deal was agreed between UKTV and BBC Worldwide, is due to launch at 9am on Monday 22 June.Good Food’s launch, which will be accompanied by a new website, follows… Continue reading UKTV launches Good Food channel