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Google and Universal Music are understood to be in talks to launch a premium online music offering on YouTube.Reports claim that the deal would see YouTube power a site professional video content from Universal Music artists such as U2.It is predicted that advertisers will be charged a higher rate for ads on the new site… Continue reading Google and Universal Music in talks to launch YouTube music channel

Northcliffe Media is set to cut up to 95 jobs and close or merge a number of its weekly papers across Essex, Kent and Surrey in a bid to centralise regional production.The publisher issued a statement earlier today to say that they have been forced to restructure to “reduce costs in the current challenging trading… Continue reading Northcliffe Media to slash 95 jobs

The rise of internet television signals the evolution of traditional TV rather than its death, according to Xtreme Insight analyst Lucy Wright.Speaking at last week’s MRG Evening Meeting, Wright said that the common perception that traditional TV is dying is not true, instead TV is actually evolving, with consumers “watching more TV than we were… Continue reading MRG Evening Meeting: The rise of internet TV

The struggling Sport Media Group owned tabloid titles, the Daily Sport and Sunday Sport, have pulled out of the Audit Bureau of Circulations (ABC).The Sunday Sport resigned from the auditing body on March 4 after nearly 20 years, while the Daily Sport quit in February after just a year of having its circulation figures audited.Last… Continue reading Sport Media Group resigns from ABC

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 of the… Continue reading Social networks and blogs increase in popularity

ITV shareholders are hoping to see the appointment of a chief executive in return for pumping more equity in to the struggling broadcaster.ITV is thought to be discussing raising money through a share issue following its poor annual results announcement last week – which saw ITV lose a total of £2.7 billion after a huge… Continue reading ITV shareholders want new chief in return for rights issue

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