The takeover watchdog has given Global Radio five weeks to decide whether to make a second bid for GCap Media. The Takeover Panel has given Global until 5pm on March 5 to indicate a firm intention to make a bid for GCap or it will have to wait another six months. The panel said that… Continue reading Global Radio Gets Five Week Deadline For New GCap Bid
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Aegis is reportedly in talks to buy a stake in digital media company i-Level.Last October, i-Level appointed corporate finance advisers at Ingenious Media to advise on a strategic review, which could lead to a sale for around £70 million.According to sources quoted by the Daily Telegraph, Aegis has made it through to the second round… Continue reading Aegis Could Buy i-Level Stake
GCap’s ‘indie’ station, Xfm, is to launch a music podcast featuring 30-second clips of 10 new songs before they are available to buy online.Users will be able to download the clips as part of the New Music Rising podcast every Saturday morning.The service follows a deal struck last year between commercial radio and the PPL,… Continue reading Xfm Launches New Podcast
Five’s new series of CSI: Crime Scene Investigation continued to grip viewers last night, with almost 3.4 million adults on average tuning in to the show.The forensic investigative hit gave the channel a 15.2% audience share, narrowly beaten by ITV1’s share of 15.3% for the tawdry Ladette To Lady.Remarkably, 3.4 million adults on average tuned… Continue reading Five’s CSI Continues To Challenge ITV1
The Office of Fair Trading has begun its review of the Contracts Rights Renewal (CRR) mechanism, following a long running debate in the industry over the formula.ITV executive chairman Michael Grade has long requested a review of CRR (see ITV Refers CRR To OFT) – which compensates advertisers when ITV1’s audience share dips – a… Continue reading OFT Review Of CRR To Take ‘About A Year’
Yahoo!’s profits fell 23% to $206 million in the fourth quarter, down from $269 million a year earlier. Its full year profits were $660 million, down from $751 million in 2006, while its revenues were $7.0 billion, up 8% year on year. Jerry Yang, co-founder and chief executive officer of Yahoo!, warned of tough times… Continue reading Yahoo!’s Profits Fall
JCDecaux has reported revenues of €2,106.6 million (£1,567.11 million), an increase of 8.2% compared with 2006. High-single or double-digit organic revenue growth was reported in all geographic areas for the year with the exception of France. However, France still showed however a good improvement from the third quarter and achieved overall a satisfactory yearly performance,… Continue reading JCDecaux Revenues Reach €2.1m
Media planning and buying company Aegis is reportedly in talks to buy a stake in digital media company i-Level. Last year, i-Level appointed corporate finance advisers at Ingenious Media to advise on a strategic review, which could lead to a sale for around £70 million. According to sources quoted in yesterday’s Daily Telegraph, Aegis has… Continue reading Aegis Could Buy Stake In i-Level
New research from Valista, a provider of multi-channel merchandising, payments and settlement solutions, reveals that 36% within the mobile industry believe there are significant opportunities in mobile advertising. Valista added that almost one-fourth show optimism for growth in user-generated mobile content and mobile media. The survey also revealed surprising results about the role of convergence… Continue reading Significant Opportunities In Mobile Advertising
UK Internet traffic to newspaper websites reached its highest level in over two years last week off the back of a number of big news stories, according to the latest figures from Hitwise.For the week ending 26 January 2008, 1.48% of all UK internet visits went to websites in Hitwise’s News and Media – Print… Continue reading UK Internet Traffic To Newspaper Websites Reaches High
