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Almost 21 million Britons visited at least one of the ten most popular social media websites in January this year, equating to over 60% of Britons online, according to figures released by Nielsen Online.This represents an increase of over 20% year on year, when 17.1 million visited at least one of the top ten.In that… Continue reading Almost 21 Million Brits Visit Top Social Media Sites

Former Google VP of sales and operations, Sheryl Sanderberg, has become the new chief operating officer of Facebook, following the departure last month of Owen Van Natta, chief revenue officer.Sandberg will be responsible for sales, marketing, business development, human resources, public policy, privacy and communications and will report to Mark Zuckerberg, chief executive of Facebook.Prior… Continue reading Facebook Hires Former Google VP

ITV’s revenues from premium rate services were down by £58 million in 2007, following the phone-in scandals that rocked television.In its full year statement released today, ITV said that its total revenues in 2007 were £2.08 billion, a year on year fall of 5%.The broadcaster’s profits were £188 million, down 35% on £288 million recorded… Continue reading ITV Sees Premium Rate Revenues Fall

Bauer Consumer Media is preparing to launch a major digital initiative, the first since its acquisition of Emap, which will be a social networking site for film buffs and music enthusiasts.The launch of Ditto.net, which is billed as Last.fm meets Amazon, is the first in a series of planned music-themed extensions to Bauer’s portfolio.Ditto.net is… Continue reading Bauer To Launch Major Digital Initiative

ITV’s 2007 results show that the broadcaster’s revenues from premium rate services were down by £58 million, following the phone-in scandals that rocked television. In its full year statement released today, ITV said that its total revenues in 2007 were £2.08 billion, a year on year fall of 5%. The broadcaster’s profits were £188 million,… Continue reading ITV Reveals Premium Rate Revenues Fall

Five’s revenues reached €499 billion (£383 million) in 2007, a year on year rise of 7.1%. Five parent company RTL said that the channel’s earnings before interest, tax and amortisation were £10 million (£7.69 million). Five group’s share of the net advertising market increased from 8.8% in 2006 to 9.3% in 2007, fuelled by sales… Continue reading Five Revenues Reach €383m

Revenue for commercial radio has increased over 7% year on year for the final quarter of 2007, at over £150.9 million.According to the latest figures from the RadioCentre, radio advertising totalled £598.2 million last year, up 2.8% on 2006.Within the £150 million, national revenue saw the largest growth year on year by 11.4% to £8.3… Continue reading Commercial Radio Records First Full Year Revenue Growth Since 2004

Global Radio has made a an offer of 225p per share in cash for GCap Media, claiming this is the company’s third and “final” offer for the radio giant. This offer, which is conditional on the recommendation of the board, values GCap at £370 million and is around 20% higher than Global’s original offer in… Continue reading Global Makes Final Offer For GCap

The IPA has reported an “optimistic” picture for television viewing in 2007, with a slight increase in hours of viewing each day and the continuing expansion of digital viewing. The latest Trends in Television Viewing Report covering the last quarter of the year shows the average number of hours of television viewing each day at… Continue reading IPA Reports “Optimistic” Q4 2007 TV Viewing Levels

A new report from Informa Telecoms & Media forecasts that by 2012, 909 million homes will have access to true video-on-demand (VOD) or near-video-on-demand (NVOD) technology, representing 78% of the world’s TV homes and generating revenues in excess of US$10 billion. The report, entitled On-Demand TV & PVRs, projects that North America and Europe will… Continue reading Almost 80% of Worldwide TV Homes To Have Access To VOD By 2012