The music and download company behind Bebo and Last.fm’s music services, 7digital, has secured funding of £4.25 million.The digital media delivery company, based in the UK, has received backing from investors Sutton Place Managers and Balderton Capital.It is understood that 7digital will spend the money on expanding beyond the UK, possibly into the US and… Continue reading 7digital Secures £4.25m Funding
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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
The government has ruled that BSkyB must reduce its stake in ITV from 17.9% to below 7.5%. Business secretary John Hutton followed the Competition Commission’s recommendation to reduce the stake, which now leaves Sky until Monday 25 February to lodge an appeal against the decision (see Sky Given More Time To Appeal Against ITV Share… Continue reading Sky Told To Reduce ITV Stake To Below 7.5%
Average monthly unique audience figures for US newspaper websites grew by more than 3.6 million in 2007, a year on year increase of more than 6% over 2006 numbers, according to new research from the Newspaper Association of America (NAA). Monthly unique visitors to US newspaper websites averaged 62.8 million in last year’s fourth quarter,… Continue reading US Online Newspaper Viewership Reaches Record In 2007
Secretary of state for business John Hutton is expected to announce tomorrow that Sky should sell at least some of its 17.9% stake in ITV. However, it has been reported that Sky, which bought the stake for £940 million (see ITV Share Price Falls After BSkyB Acquires Stake), is preparing to appeal against the expected… Continue reading Sky Prepares For ITV Ruling
More than 85% of the world’s online population has used the internet to make a purchase – increasing the market for online shopping by 40% in the past two years – according to the latest Nielsen Global Online Survey. Among internet users, the highest percentage shopping online is found in South Korea, where 99% of… Continue reading Global Market For Online Shopping Increases 40%
The total number of mobile TV subscribers will reach 462 million over the next five years, according to a new report from ABI Research. ABI Research said that this will be driven in large part by the expansion of 3G networks and flat rate plans for mobile video. The build-out of mobile video delivery networks… Continue reading Mobile TV Subscribers To Number 462m By 2012
It was a strong night for ITV1 last night, with ice dancing, loveable vets and the irrepressible Stephen Fry leading the onslaught.More than 7.5 million adults on average tuned in to the main Dancing On Ice programme, giving ITV1 a 36% viewing share between 6pm and 7.30pm, whilst the results show took more than seven… Continue reading ITV1 Outshines BBC One In Sunday Night Ratings Battle
More than 85% of the world’s online population has used the internet to make a purchase – increasing the market for online shopping by 40% in the past two years – according to the latest Nielsen Global Online Survey.Among internet users, the highest percentage shopping online is found in South Korea, where 99% of those… Continue reading Global Market For Online Shopping Increases 40%
Almost 12 million people have listened to the radio via the internet, while 4.3 million have downloaded a podcast, according to new research from RAJAR.The figures are from RAJAR’s first Podcasting and Radio Listening via Internet Survey, which was conducted last autumn by Ipsos Mori.It found that In any given week, 8.1 million people listen… Continue reading Almost 12m Listen To Internet Radio
