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Talks between Sky and Tiscali over the satellite broadcaster’s purchase of Tiscali’s UK assets have broken down due to deteriorating market conditions. Tiscali said today that talks with BSkyB are “almost impossible” to continue due to the financial climate. On Friday, Tiscali suspended its shares and asked banks to halt its interest repayments while it… Continue reading Sky and Tiscali end talks

Member communities – which includes social networks and blogs – has become the fourth most popular category online, visited by over two-thirds (67%) of the global online population according to new research from Nielsen. John Burbank, CEO of Nielsen Online, said: “Social networking has become a fundamental part of the global online experience. “While two-thirds… Continue reading Social networks and blogs increase in popularity

The mobile content and services market is predicted to generate over $340 billion in end-user service revenues in 2013, up from around $183 billion in 2008. According to a new forecast from Informa Telecoms & Media, the two most significant service categories for revenues in 2008 were mobile messaging and mobile internet, which together contributed… Continue reading Mobile content and services market to generate over $340bn in revenues in 2013

WPP has reported a 3.8% rise in pre-tax profit and a 2.7% rise in like-for-like revenues for 2008. The global marketing services group reported profits of £747 million for the year and an operating margin of 15%, although this was below its target of 15.3%, which WPP said was due to a weak fourth quarter.… Continue reading WPP reports 3.8% rise in pre-tax profits for 2008

January 2009 data from the comScore Video Metrix service shows that US internet users viewed 14.8 billion online videos during the month, representing an increase of 4% versus December 2008. YouTube led the growth charge, accounting for 91% of the incremental gain in the number of videos viewed versus December, as it surpassed 100 million… Continue reading US internet viewers watched 14.8bn online videos in January

ITV1’s Billy Connolly: Journey to the Edge of the World attracted 4.2 million peak viewers last night, securing the highest ratings during the 9pm to 10pm slot.The third episode in the four-part series, which saw the comedian board a Russian cruise ship to make a trip through the Northwest Passage, pulled in more than 4… Continue reading ITV pips BBC One to the highest ratings

Daily Newspaper MarketThe latest ABC figures show that the national daily newspaper market fell 4.6% year on year in February.There was a large year on year drop in circulation for the Independent, while the Daily Mirror and Daily Record also suffered.There was good news for the Daily Star, however, which bucked the trend and saw… Continue reading ABC National Newspaper Round-Up: February 2009

ABC figures for February reveal that the London Evening Standard‘s circulation was down 5.3% period on period and 3.7% year on year, to around 277,500 copies.Afternoon freesheets the London Lite and thelondonpaper remained static period on period, with distribution figures of around 401,000 and just under 501,000 respectively.Morning business freesheet City AM once again saw… Continue reading Evening Standard sees circulation dip

Malcolm Wall, chief executive of Virgin Media’s content division, is to leave the company next month.The news follows reports that Virgin Media is to sell its content business (see Virgin Media could sell content division in next few weeks).Virgin Media’s content division, thought to be worth about £500 million, includes assets such as the company’s… Continue reading Virgin Media content chief to step down

WPP’s chief Sir Martin Sorrell has announced plans to cut up to 2,000 jobs across the world’s second largest advertising and marketing company in the wake of the on-going economic crisis.Despite reporting a strong set of results for 2008 earlier this morning, Sorrell said WPP has a three-pronged strategy for weathering the recession, which will… Continue reading WPP to slash 2,000 jobs