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Independent News & Media is set to secure a further extension to a financial standstill deal with its investors in order to bide more time for debt restructuring.The month-long extension is the third agreement that the Independent owner has had to negotiate in the last three months.INM confirmed its first standstill agreement with banks and… Continue reading INM to secure third standstill deal

BBC One’s popular New Tricks returned with a high of 8.1 million viewers during the all-important peak hour last night.The first episode of the new eight-part detective series, starring Alun Armstrong and Amanda Redman, attracted more than 8 million average viewers and a 34.1% share between 9pm and 10pm, putting BBC One well ahead in… Continue reading Overnights: New Tricks kicks off with over 8m viewers

Google’s market monopoly will end one day, according to a hopeful panellist at MediaTel Group’s ‘Future of National Newspapers’ seminar yesterday.Walker Media’s chairman and chief executive Phil Georgiadis thinks Google’s dominance will cease, or at least change, although he admitted he has said that a few times before.Georgiadis said: “It’s a big mistake to believe… Continue reading Google’s dominance will cease

There was a clear difference of opinion over News International’s strategy at MediaTel Group’s ‘Future of National Newspapers’ seminar in London yesterday.Founder of Enders Analysis, Claire Enders, attacked News International’s strategy, accusing Rupert Murdoch of simply following the latest “fashion”.Taking the audience back as far as the launch of Sky – when the business model… Continue reading Enders questions Murdoch’s strategy

Scottish ITV franchise holder STV has launched an online video-on-demand service called STV Player.The VoD service, available on www.stvplayer.tv, lets viewers watch a selection of programmes up to 30 days after broadcast free of charge, as well as archived programmes.It also allows users to click from individual episodes straight to the corresponding programme page on… Continue reading STV launches online VoD service

Search giant Google saw net profits rise 18% to $1.48 billion (£901 million) in the three months to the end of June.Revenues were up 3% year on year to $5.52 billion (£3.36 billion) with Google saying the increases were due to “responsible efforts to manage expenses”.Chief executive Eric Schmidt said: “Google had a very good… Continue reading Google reports 18% rise in profits

The paid-for model is the key to reviving the deteriorating newspaper industry, according to some panellists at MediaTel Group’s ‘Future of National Newspapers’ seminar yesterday.Two decades of free content has led to an over-supply, according to News International’s Paul Hayes, who later confirmed that Rupert Murdoch plans to charge a “fair price” for both print… Continue reading Paid-for model is the key

Pagination reports are available to MediaTel subscribers in the Press-Pagination database.Following MediaTel Group’s ‘Future of National Newspapers’ seminar held in London yesterday, Newsline has highlighted some pagination trends for daily and Sunday newspapers.Over the past 10 years, the national newspaper market has been in gradual decline, losing 18.6% of overall sales between 1999 and 2008,… Continue reading National Newspapers Pagination Report

Regional newspaper publisher Newsquest suffered a 36.9% year on year fall in advertising revenue in the second quarter of 2009. However, Newsquest said that June was its strongest month since the start of the advertising slump. Classified advertising fell 45.2% year-on-year fall in the second quarter. Within classifieds, recruitment ad revenue fell 55.6%, property ads… Continue reading Newsquest advertising revenue falls 36.9%

Google has reported an 18% increase in net profits for the three months to the end of June, to $1.48 billion (£901 million). Revenues were up 3% year on year to $5.52 billion (£3.36 billion) with Google saying the increases were due to “responsible efforts to manage expenses”. Chief executive Eric Schmidt said: “Google had… Continue reading Google reports profits increase