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Virgin Radio owners Scottish Media Group have confirmed the sale of Virgin Radio to a consortium including The Times of India Group for £53 million by the end of June. The station will be renamed, in order to ensure there are no branding restrictions imposed by Sir Richard Branson which could affect the new owners… Continue reading Virgin Radio Sold

A new study from Solutions Research Group has found that an average American consumer aged 12 and older with internet access now spends 6.1 hours daily with video based entertainment, up from 4.6 hours in 1996. Of this 6.1 hours, 63.9% (nearly four hours per day) currently comes from traditional television, including live, DVR and… Continue reading Average American Consumer Spends 6.1 Hours With Video Each Day

New research from the World Newspaper Congress on the media habits of young people in three countries found that television continues to be their most important source of news and information for the young, despite the rise of the internet. The research, looking at 15-29 year olds in the US, the Netherlands and Finland, showed… Continue reading Television Is Number One Source For News Among 15-29 Year-Olds

PricewaterhouseCoopers (PwC) have released their annual global advertising revenue forecast, estimating that global revenues will rise by an average of 6.6% a year by 2012, reaching to $2.2 trillion. These figures position the sector as outpacing GDP, which is forecast to increase by 5.7%. Advertising attached to watching videos on the internet and devices such… Continue reading Global Advertising Revenue To Reach $2.2 Trillion by 2012

The IAB, Interactive Advertising Bureau, announced that internet advertising revenues reached $5.8 billion in the first quarter of 2008, an increase of 18.2% over the same period in 2007. Although the figures were the second highest in history, there was a slight slide of 1.7% from the previous quarter which recorded the largest ever figures,… Continue reading US Internet Advertising Revenues Up 18.2% YoY in Q1

The number of IPTV subscribers nearly quadrupled in 2007 across the Americas region, according to iSuppli Corp. Subscribers in North and South America increased from 501,000 in 2006 to 1.8 million in 2007, up 257.1%. The majority of subscribers are in the US – leading US IPTV providers Verizon and AT&T collectively reached 1.2 million… Continue reading IPTV Subscribers Grow 257% in Americas Year on Year

A Department for Transport (DfT) review of its recommendations on C02 emissions in promotional literature is set to change car manufacturers current ad campaigns.EU law currently states that car manufacturers must include CO2 emission information on all promotional material, which the DfT previously defined as brochures, letters and material with significant textual content.However, the DfT… Continue reading Outdoor Car Ads Forced To Contain C02 Warnings

Channel 4’s Big Brother has removed Alex from the house after she threatened fellow housemates with intimidation from her ‘gangster friends’ outside.Ofcom has received more than 1500 complaints about this series of Big Brother and has issued this notice on its website – “Ofcom is aware of viewer concerns and the issues raised by complainants.… Continue reading Big Brother’s Alex Kicked Out For Gangster Threats

Oliver & Ohlbaum warned that increasing public service broadcasters’ ad minutes and removing restrictions on peak-time ads could lead to a fall in TV ad spend.Ofcom is currently consulting on changes to the amount and distribution of TV ads, according to a report in MediaWeek.Sean McGuire, managing director at Oliver & Ohlbaum, argued that TV… Continue reading Removing Restrictions On Ads Could Lead To £150m Fall In Adspend

Bauer’s Kiss Radio has announced the signing of its latest ambassador, DJ Paul Oakenfold, to represent its ‘Music is Life’ philosophy.The DJ will present a series of music programmes featuring the history of dance music from the last 20 years, starting with a special Ibiza broadcast later this month.Oakenfold first broadcast on Kiss in 1985… Continue reading Kiss Signs DJ Paul Oakenfold as New Ambassador