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GCap Media has unveiled a “radical but realistic” set of measures to boost profits and maintain long term growth for the company, which deal a significant blow to DAB digital radio.The new chief executive, Fru Hazlitt, confirmed the closure of digital stations theJazz and Planet Rock and the intended sale of the group’s majority stake… Continue reading DAB Dealt A Blow As Gcap Unveils Radical Measures

The Audit Bureau of Circulations and the National Readership Survey have initiated exploratory talks about possible areas for closer collaboration and co-operation.“Since both organisations have significant areas of overlapping interest in the newspaper and magazine markets it seems appropriate to initiate such a debate in order to ascertain whether there may be any benefits in… Continue reading ABC And NRS In Possible Collaboration

Yahoo! could be about to restart merger talks with AOL as it seeks to fend off Microsoft’s $45 billion (£23 billion) hostile takeover bid.According to a report in today’s Times, Yahoo! and its advisers from US investment banks Goldman Sachs and Lehman Brothers have spent the past week looking at possible tie-ups with other firms.The… Continue reading Yahoo! Could Restart Merger Talks With AOL

Yahoo! has turned down Microsoft’s $45 billion (£23 billion) takeover bid, saying that it substantially undervalues the company.However, a deal could still go ahead if Microsoft returns with an improved offer.In a statement released this afternoon, Yahoo! said: “After careful evaluation, the board believes that Microsoft’s proposal substantially undervalues Yahoo! including our global brand, large… Continue reading Yahoo! Turns Down Microsoft Takeover Bid

It was another big week for media news in the City, with reports that Google had approached Yahoo! about a possible link-up to fend off Microsoft’s advances.At the start of the week Google raised objections to Microsoft’s $44.6 billion bid for Yahoo!, saying that a takeover would create a business with an overwhelming share of… Continue reading Media In The City: Google Approaches Yahoo! About Possible Partnership

Arqiva operated DAB multiplex, Digital One, has announced that 90% of the population of Great Britain now live within its coverage area.Digital One’s chief executive, Quentin Howard, said: “With the switch on of the 133rd transmitter in Whitby this week we broke another record and commercial radio is leading the way in delivering DAB digital… Continue reading Digital One Multiplex Now Covers 90% Of Britain

Former Radio 1 and 6 Music chief, Ric Blaxill, has joined Bauer Radio as a launch consultant, as the group plans further expansion of its portfolio of digital radio services.Following the launch of the new Heat Radio last September and with work underway on the launch of Closer Radio, the group says it is now… Continue reading Bauer Hires Blaxill For Digital Radio Push

Yahoo! is reportedly seeking to restart merger discussions with AOL in a bid to fend off the $45 billion (£23 billion) hostile takeover bid from Microsoft. A report in today’s Times says that the internet giant and its advisers from US investment banks Goldman Sachs and Lehman Brothers have spent the past week looking at… Continue reading Yahoo! Could Restart Merger Talks With AOL

GCap Media’s chief executive, Fru Hazlitt, has confirmed the intended sale of the group’s majority stake in Digital One, and a move away from DAB digital radio. The “radical but realistic” sets of measures are intended to boost profits and maintain long term growth for the company, which include the closure of some digital stations… Continue reading GCap Media Unveils “Radical” Profit Boosting Measures

Yahoo! has rejected Microsoft’s $45 billion (£23 billion) takeover bid, saying that it substantially undervalues the company. A deal could still go ahead if Microsoft returns with an improved offer, which according to reports might have to be in the region of $12 billion more. In a statement released this afternoon, Yahoo! said: “After careful… Continue reading Yahoo! Rejects Microsoft Takeover Bid