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News Corporation has reported a loss of $6.4 billion (£4.37 billion) for the last quarter of 2008. News Corp’s ‘Other’ category reported an adjusted operating loss of $38 million (£25.9 million), down from $61 million (£41.6 million) a year ago. The media conglomerate also posted operating income of $818 million (£557.9 million), down 42% compared… Continue reading News Corp reports £4m loss in last quarter of 2008

US users of Apple’s iPhone are 23% more aware of mobile ads than non-iPhone users and 66% more likely to respond to them, according to findings from the Q4 2008 Mobile Advertising Report, based on a survey by Limbo and GfK Technology. The quarterly research also finds that US iPhone users are more than twice… Continue reading iPhone users more aware of mobile ads

The IPA has expressed disappointment at the Competition Commission’s ruling to block Project Kangaroo, the joint VoD venture between BBC Worldwide, ITV and Channel 4.The Commission’s final report, which was published yesterday, concluded that Kangaroo would be “too much of a threat to competition” in the current developing video-on-demand market (see Competition Commission “stops” Kangaroo).“After… Continue reading IPA “disappointed” by Kangaroo ruling

Daily Newspaper MarketThe national daily newspaper market was down overall by 3.8% year on year in January.There were relatively large year on year declines for the Independent, Daily Record and Daily Mirror, while the Daily Star managed to buck the overall trend. National Newspaper ABC Figures – January 2009 Daily Titles Jan-08 Jan-09 Actual Change… Continue reading ABC National Newspaper Round-Up: January 2009

Sky has won a fifth package of Premier League rights to go with the four packages the broadcaster won earlier this week (see NewsLine).Sky will now have 115 exclusively live Premier League matches in each of the 2010-11, 2011-12 and 2012-13 seasons.The satellite broadcaster will pay a total of £1,623 million for the five packages… Continue reading Sky wins fifth Premier League rights package

Buoyed by the increasing financial uncertainty in world markets, January saw free business title City AM‘s distribution figure grow 3.7% year on year to 87,655.The Evening Standard‘s circulation dipped slightly year on year, by around 0.5% to just under 293,000 copies, although it was up month on month.Evening freesheet thelondonpaper remained relatively static year on… Continue reading City AM enjoys year on year growth

Television is in a good place at the moment, despite increased competition and more choice, according to some of the panellists at today’s MediaTel Group ‘Future of Television’ seminar.Speaking before the first panellist debate, AGB Nielsen’s head of commercial operations Alex North, said that despite there being more channels and more choice in the current… Continue reading The ‘Future of Television’ is bright

Yahoo! executive James Wood has been appointed head of technology at NatMags’ Hearst Digital.Wood, currently Yahoo!’s head of entertainments engineering for Europe, will be responsible for the delivery of all Hearst digital and NatMag websites.The move follows last year’s announcement by Hearst Digital that it would be restructuring and bringing the technical delivery of its… Continue reading Hearst Digital appoints new head of technology

ITV1 has come in for heavy criticism following the conclusion to last night’s FA cup 4th round replay between Everton and Liverpool, which pulled in a peak audience of 6.6 million viewers.It was motor racing fans who first raised the greatest concerns about advertising cutting across key sporting moments. There were a few of these… Continue reading Is ITV’s FA Cup coverage jinxed?

AOL’s global ad revenue fell by around $135 million (6%) over the course of last year, and finished 18% down year on year in Q4 2008.AOL’s revenue slumped by more than one fifth year on year in Q4, to $968 million, with declines of 27% in subscription revenue and 18% in advertising revenue, according to… Continue reading AOL reports $135m fall in ad revenue