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GCap Media has acquired a majority stake in local social networking website welovelocal.com for £450,000.The deal will also see GCap pay for the existing cash in the company and will make further staged payments of £150,000 in total to the vendors as deliverables are met over the coming weeks.The welovelocal.com site helps people find the… Continue reading GCap Acquires Majority Stake In Local Social Networking Site

More than half of online social networkers between the ages of 13 and 49 never trust marketing material they receive and almost half say that internet advertising is driving them “insane”, according to a poll conducted by Facebook on behalf of Kyp Systems.Pop-ups are a particular source of irritation and 90% of the 800 people… Continue reading Social Networkers Don’t Trust Internet Advertising

Last week in the City, UTV, the owner of talkSPORT, reported a 2% increase in group revenues for 2007, to £115.6 million.The company’s operating profit, including associate income and before exceptional charges was up 5% from £24.8 million in 2006, to £26 million (Full Story).JCDecaux reported worldwide revenues of more than €2 billion (£1.5 billion)… Continue reading Media In The City: UTV Reports 2% Increase In Revenues

Ashes To Ashes was the big winner in the 9pm slot last night, with a peak audience of 5.9 million adults (a 27.2% share of the audience).The hour long show had an average of 5.6 million adult viewers, or a 25.8% share of the audience.Thursday night is comedy night on BBC Two, although it seems… Continue reading 5.9m Tune In To Ashes To Ashes

Ofcom is to auction a large portion of radio spectrum for services such as mobile TV.The provisional deadline for applications is 10 April, with the auction likely to start at the end of April.Ofcom said the 1452-1492 MHz band, the so-called “L-Band”, could potentially be used for mobile multimedia services such as mobile TV, satellite… Continue reading Ofcom To Auction Radio Spectrum To Make Way For Mobile TV

Nearly 31 million people in the UK were surfing the web over the fourth quarter of 2007, according to figures released by BMRB. Although this is not a significant rise over the past few months, it is a 5.9% rise on the same period last year.This is reflective of the general theme of the figures… Continue reading Online Usage Round-Up Q4 2007

ITV has signed a deal to show all of this season’s Formula 1 races live on its broadband TV service.Beginning with this weekend’s Australian Grand Prix, the broadcaster will be offering new and exclusive interactive action and news plus post race highlight packages, located at itv.com/F1.As part of the deal, itv.com will stream live simulcasts… Continue reading ITV To Show Formula 1 Online

IPC Ignite, the men’s lifestyle and music division of IPC Media, has announced the appointment of James Thrower as associate publisher of monthly titles Uncut and Loaded.Thrower joined IPC’s leading magazine distribution company Marketforce in 1998 as circulation executive working on the IPC Southbank portfolio.He then worked as deputy circulation manager of IPC Connect before… Continue reading IPC Appoints Associate Publisher

An estimated 13.2 million households received an IPTV service in 2007, with nearly 8.4 million IP-enabled set-top boxes shipping worldwide, according to a new study from IMS Research. The IPTV: A Global Market Analysis – 2008 Edition report also forecast that IPTV households will grow 52.2% annually though 2012. This new study examines the worldwide… Continue reading 13.2m Households Received IPTV In 2007

JCDecaux has reported worldwide revenues of more than €2 billion (£1.5 billion) for 2007, up 2.8% from 2006. The billboard giant’s organic revenues growth, excluding acquisitions and the impact of foreign exchange, was 8.8%. In a trading statement, JCDecaux said that its UK billboard business posted double digit growth in profit margin last year. However,… Continue reading JCDecaux Reports Worldwide Revenues Of €2bn