Independent News & Media plans to cut up to 90 jobs from its London-based titles in a move to save the company around £10 million.INM also confimed that is currently “investigating the possibility” of outsourcing some areas of its London operation, which includes the Independent and its sister title, the Independent on Sunday.This comes just… Continue reading Independent to cut 90 jobs
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Carphone Warehouse has begun a review which could see its TalkTalk residential broadband and telephony business split from its high street retail operation. The news was announced in a trading update released today, with the company also revealing a drop in first half profits. Earlier this year the company acquired US electronics retailer Best Buy… Continue reading Carphone Warehouse could split off TalkTalk
BSkyB is to raise $600 million (£399 million) in a bond issue to institutional investors to fund possible activities such as acquisitions and the refinancing of debt. Late yesterday the satellite broadcaster launched a private placement of 10-year bond notes, with investors paying 9.5% interest. The offer closes on November 24. In a statement, Sky… Continue reading BSkyB to raise $600m in bond issue
Jerry Yang, co-founder and CEO of Yahoo!, is to step down from his post once a successor is found. In a statement released last night, Yahoo! chairman Roy Bostock said that Yahoo! was “deeply grateful” to Yang but would be searching for a new CEO who could “take the company to the next level”. He… Continue reading Yang steps down as Yahoo! CEO
Outdoor advertising revenue was down 5.8% year on year in Q3, the fourth consecutive quarter it has declined. The figures from the Outdoor Advertising Association would appear to contradict industry opinion that revenue would bounce back in the second half of 2008. The largest percentage decline came from the motor industry, which spent 33.6% less… Continue reading Outdoor ad revenue down 5.8% in third quarter
The overall UK television viewing audience continues to show year-on-year growth, according to the latest IPA Trends in Television Report.Average hours of television viewing for the third quarter of 2008 was 3.54 hours, compared to 3.38 in 2007. This is the highest level recorded for this quarter since the start of the current BARB panel… Continue reading UK Television audience continues to grow
The overall UK television viewing audience continues to show year-on-year growth, according to the latest IPA Trends in Television Report. Average hours of television viewing for the third quarter of 2008 was 3.54 hours, compared to 3.38 in 2007. This is the highest level recorded for this quarter since the start of the current BARB… Continue reading UK Television audience continues to grow
Sue Randall, business development manager, Orbital Response and Fulfilment, examines consumers’ online shopping habits in the run up to Christmas…If you listen to digital media analysts, every year promises the ‘biggest e-commerce Christmas’ since online retail began in earnest. The 2008 festive season is likely to prove no exception, with consumers predicted to save time… Continue reading Fulfilling the Christmas rush
Yahoo!’s chief executive Jerry Yang has given in to mounting pressure and will be stepping down from his role once the company find a successor.The search giant’s chairman Roy Bostock released a statement late last night, saying Yahoo! was “deeply grateful” to Yang but would be searching for a new CEO who could “take the… Continue reading Yahoo! boss Jerry Yang steps down
Newsquest Media Group is the latest regional media owner to release data on the new ABCe six-month certificate.The data will cover the Newsquest network of local branded media sites, including the herald.co.uk, dailyecho.co.uk, theargus.co.uk and thepress.co.uk.Newsquest will join Northcliffe Media Network, GMG Regional Media and Johnston Press in publishing six-monthly audits.Johnston Press signed up to… Continue reading Newsquest is latest to publish six-monthly ABCe data
