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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

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

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

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

Johnston Press saw a 6.3% fall in profits in 2007, with print advertising falling 2.1% year on year to £401.5 million. The regional newspaper publisher said that while it expects strong digital growth in 2008, a “general lack of confidence” in the advertising markets will be a major influence in 2008. Motoring ads saw the… Continue reading Johnston Press Profits Fall

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

A new forecast from ABI Research predicts that worldwide subscribers to IPTV services will grow to more than 90 million by the end of 2013, up from 13.5 million in 2007. Cesar Bachelet, senior analyst at ABI, said: “The IPTV market as a whole is poised for strong growth, but clearly it will be stronger… Continue reading Worldwide IPTV Subscribers To Reach 90m

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

Ahead of MediaTel Group’s ‘Future of Consumer Magazines’ seminar this week, James Papworth, group marketing and strategy manager at IPC Media, dissects the market post-ABCs and looks at what’s on the menu for the future…If there’s one subject that over the years has graced more pages of more magazines than any other then I suspect… Continue reading ABCs: What’s Cooking This Time Around?

Global Radio has made a third and “final” offer for GCap Media, valuing the Capital Radio and Classic FM owner at £370 million.The offer, at 225p a share in cash, is conditional on the recommendation of the board. The offer is around 20% higher than Global’s original offer in December of £313 million.GCap has now… Continue reading Global Radio Makes ‘Final’ £370m Offer For GCap