It is understood that some ITV shareholders are concerned about the potential costs to hiring former Sky chief executive Tony Ball as its next chief executive. Ball reportedly favours a rights issue and financial restructuring of ITV and is thought to have won support from a small number of ITV shareholders. However, there are concerns… Continue reading ITV shareholders concerned about potential costs of hiring Ball
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At the start of the month, Magna forecast that US mobile advertising will grow to $229 million during the course of 2009. This is a 36% increase on the $169 million in 2008, with Magna also predicting a “re-acceleration” of mobile adspend in 2010 (see US mobile advertising to grow by 36%). Research from Brightkite… Continue reading INSIGHTanalysis: Media Healthcheck – May 2009
Mobile internet access increased by 36% in the US last year but is still relatively low compared to China, according to a report from Netpop. Netpop found that although there are 18 million Americans aged 13 and above connected to the mobile web, there are 100 million connected via mobile in China. The report uncovered… Continue reading US mobile internet access increased 36% last year
New comScore data reveals that Facebook was the top online display ad publisher in the UK during April. Facebook had 12.5 billion ad views during the month, a 21.6% market share, with Microsoft sites in second place with 3.8 billion ad views (a 6.5% share). eBay was third with 2.9 billion ad views (4.9%). Mobile… Continue reading Facebook is UK’s top online display ad publisher in April
The OFT has advised the Competition Commission to consider changes to ITV’s Contract Rights Renewal (CRR) mechanism, which was introduced as a condition for the merger of Carlton and Granada in 2003.An OFT consultation found that whilst ITV1’s market position has declined, it remains almost the only provider of very large commercial audiences.However, the OFT… Continue reading Changes could be made to ITV’s CRR
The Reading Evening Post, owned by Guardian Media Group, is to relaunch as the Reading Post, with its sister paper, currently called the Reading Post, also relaunching, as Getreading.In its new guise, the Reading Evening Post will move from a five-day-a-week paper to a 180-page weekly costing 40p from next Wednesday 3 June.The latest ABC… Continue reading Reading Evening Post to relaunch
ITV1’s big ratings-winner Britain’s Got Talent reached a high of more than 13.1 million viewers between 8.30pm and 10pm last night.Over 12.3 million average viewers tuned in to see eight more acts perform in the fourth semi-final, in front of an audience and judges Simon Cowell, Amanda Holden and Piers Morgan, in a bid to… Continue reading Britain’s Got Talents draws in over 13m viewers
Time Warner and AOL are separating, with Time Warner buying back Google’s 5% stake in AOL before offering the internet firm to its shareholders.Time Warner announced last month that it would be spinning off some or all of the internet company.Jeff Bewkes, Time Warner chairman and chief executive, said: “”We believe that a separation will… Continue reading AOL to spinoff from Time Warner
Sky has emerged as the favourite to buy Virgin Media Television, which owns brands such as Living and Virgin1 as well as the sales house IDS.The rival broadcasters look set to strike a deal for £160 million, despite being involved in a bitter dispute last year, which resulted in each company taking off the other’s… Continue reading Sky is set to buy Virgin’s TV business