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Independent News & Media has failed to reach a deal with bondholders over a €200 million bond and has reported a full-year pre-tax loss of €161.4 million for 2008.INM had previously warned that its failure to agree a deal over the bond means there is “a material uncertainty which may cast significant doubt on the… Continue reading INM reports €161.4m loss

Independent News & Media has reported a full-year pre-tax loss of €161.4 million for 2008. INM has also failed to reach a deal with bondholders over a €200 million bond having previously warned that its failure to agree a deal means there is “a material uncertainty which may cast significant doubt on the group’s and… Continue reading Independent News & Media reports €161.4m loss

Sky has reported a rise in third quarter revenues from £1.25 billion to £1.39 billion, while profits increased from £56 million to £63 million. The satellite broadcaster said that profits were distorted slightly by impairment charges mainly connected with the reduction in the value of the 17.9% stake in ITV that it bought in 2006… Continue reading Sky reports rise in third quarter revenues

More than one-third of high-use smartphone users respond to mobile advertisements, according to a new research study from Universal McCann. The study polled 1,800 participants online who frequently surf the web with their mobile devices. Smartphone users are defined as those that download mobile content from the web at least once a day or close… Continue reading Over one-third of smartphone users respond to mobile advertisements

The Apprentice pulled in more than 8 million peak viewers last night, securing the highest ratings throughout the all-important 9pm to 10pm slot.Over 7.4 million average viewers tuned in to see the candidates reach the half way mark in the contest to win a job with Sir Alan Sugar, banking a high 30.5% audience share… Continue reading The Apprentice attracts a high of 8m viewers

BBC Magazines is set to close its 11-year-old monthly title Good Homes due to a drop in its circulation.The 17 members of staff at the magazine were told of the BBC’s plan earlier this morning and have now entered a month-long consultation with the corporation’s commercial arm.BBC Magazines said the July issue of Good Homes… Continue reading BBC Good Homes magazine set to close

BSkyB has reported a 7% year on year increase in adjusted revenues to £3.96 billion for the nine months ending March 31, helped by the addition of 80,000 new customers in the first quarter.The satellite broadcaster’s pre-tax profit for the period hit £339 million, up from £20 million in 2008, although profits were slightly distorted… Continue reading BSkyB adds 80,000 new customers despite downturn

ITV1’s live UEFA Champions League coverage attracted a high of almost 8 million viewers last night, securing the peak audience throughout most of the all-important 9pm to 10pm slot.More than 6.3 million average viewers (a 27.8% share) tuned in to see the Barcelona v Chelsea goalless draw – the first time Barcelona have failed to… Continue reading Barcelona v Chelsea scores 8m viewers

AOL is set to rollout a new platform that adds social networking services like Facebook and Twitter to any website, broadcasting users’ activities in real-time to their friends.The social networking aggregator ‘Socialthing’ will be deployed across MediaGlow’s – AOL’s publishing arm – 75 sites, which will reach around 181 million users worldwide.Socialthing focuses on “activity… Continue reading AOL launches new Socialthing platform

Scottish ITV broadcaster STV is set to run a new local TV news pilot scheme alongside a consortium of media companies.If the pilot is a success, outside suppliers would be able to take over from ITV companies and make their own local TV news bulletins in Scotland, Wales, Northern Ireland and the English regions.STV volunteered… Continue reading STV to run local news pilot