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Global Radio has implemented a further round of jobs cuts, which will mainly affect backroom staff at the group’s Xfm and Gold network of stations.Global declined to comment on specifics but the total number of job losses are expected to be between 20 and 30 staff on the two station networks, which have struggled to… Continue reading Global Radio starts another round of redundancies

Virgin Media added 7,100 new subscribers in the first quarter of 2009 but saw revenues fall below £936 million due to poor performance in its business communications division.The cable company persuaded 47,300 households to take up its broadband service, down from the 57,100 in the run-up to Christmas and 88,400 during the same period last… Continue reading Virgin Media gains 7,100 customers in Q1

ITV1’s one-off drama Compulsion peaked with 5.4 million viewers at 9pm last night but failed to hold the highest ratings during the full 9pm to 10pm peak-slot.The drama starring Ray Winstone and Parminder Nagra, which was loosely based on Jacobean tragedy The Changeling, pulled in its highest share during the first fifteen minutes of the… Continue reading Compulsion loses out to Ashes to Ashes

Mobile advertising in the US will grow by 36%, rising from $169 million in 2008 to $229 million during the course of 2009, according to Magna’s new mobile advertising forecast. Although these figures represent downward revisions from Magna’s previous forecast, which was released in the middle of last year before the recession kicked-in, Magna said… Continue reading US mobile advertising to grow by 36%

Setanta has slashed its subscription charge to just £3.33 a month in a bid to keep customers over the summer period.The sports broadcaster is set to offer existing subscribers live sports for just £9.99 for three months, a significant reduction on Setanta’s normal rate of £12.99 a month for satellite subscribers.Setanta is thought to be… Continue reading Setanta slashes subscription charges

Online advertising revenues and forecasts for the global, US and European markets.

All you need to know about VOD on just one page, covering definitions, impact on advertising and the current and future market.

ITV1’s new Taggart series secured the highest ratings during the all-important 9pm to 10pm peak-hour last night with more than 4.3 million viewers.The long-running crime drama, with Alex Norton and Blythe Duff, kick-started with a high of 4.36 million viewers and a 19.3% average audience share.Elsewhere, BBC One’s Crimewatch, which featured the hunt for the… Continue reading Taggart returns with over 4m viewers

The Local Radio Company has received a renewed takeover offer of £2.5 million from Hallwood.Hallwood’s new offer, which well exceeds its previous bid of £1.8 million, values the company’s shares at 3.5p each.The company’s renewed bid comes after rival bidder UKRD offered LRC 3.25p per share on Wednesday – UKRD increased its offer after its… Continue reading Shareholders increase The Local Radio Company offer to £2.5m

Disney has acquired almost a 30% stake in US online TV platform Hulu, the joint venture between NBC Universal and News Corp.The deal will see Disney broadcast full-length episodes of its ABC TV programmes, such as Lost, Grey’s Anatomy, Ugly Betty and Desperate Housewives on Hulu.Financial terms of the deal were not disclosed but all… Continue reading Disney acquires stake in Hulu