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The US private equity firm Carlyle has reportedly made a £11.5 billion bid for Virgin Media. It is understood that Carlyle has made a preliminary offer of around £16.50 a share for the company. According to reports in the New York Times and Washington Post, the Virgin board has instructed Goldman Sachs, to review its… Continue reading Private Equity Firm Makes Virgin Media Bid

Ed Richards, Ofcom chief executive, has said that the regulator has not yet been persuaded to allocate spectrum for HD channels on Freeview.However, in a keynote speech at the Institute of Economic Affairs conference on the Future of Broadcasting, Richards said that Ofcom would do everything it can to help public service broadcasters create an… Continue reading Ofcom Still Considering HD On Freeview

Last week Chrysalis announced that it is to sell its radio division to Global Radio, an investment vehicle chaired by the former head of ITV Charles Allen.The £170 million deal will, said Chrysalis, see the company make a £95 million profit (Full Story).Menwhile, with News Corp apparently close to finalsing a deal for Wall Street… Continue reading Media In The City: Chrysalis Sells Radio Division

The US private equity firm Carlyle is understood to have tabled an £11.5 billion bid for Virgin Media.According to reports in today’s New York Times and Washington Post, Carlyle has made a preliminary offer of around £16.50 a share for the company.This means that Virgin’s equity would be valued at £6.5 billion, which coupled with… Continue reading Private Equity Firm Bids For Virgin Media

True Dare Kiss, BBC One’s disturbing new drama serial, picked up a peak audience of 4.4 million adults (a 22.7% viewing share) at 9pm on what was a very solid night for the channel last night.The raw and sparky new show saw sisters Phil, Beth, Nita and Alice reunited for the first time in 20… Continue reading True Dare Kiss A Hit For BBC One

The hotly anticipated weekly current affairs magazine from BBC Magazines, Newsbrief, is set to launch this autumn.According to reports, it will launch with a subscription drive targeting women and international readers.The magazine’s creators have been working closely with BBC News and have conducted extensive consumer research, finding that it appeals greatly to 30+ mothers.The magazine,… Continue reading BBC News Magazine Could Launch This Autumn

The Sun‘s online offering has overtaken Times Online as the second largest national newspaper site this month, according to the ABCe.TheSun.co.uk was up 9.3% from last month, recording just over nine million unique users in May. Times Online, meanwhile, dipped almost 2% month on month to 8.7 million unique users.Times Online peaked at almost 11… Continue reading ABCe Shows Sun’s Website Scoops Second Spot

woman&home, IPC Southbank’s monthly glossy for 40-plus women, has appointed David Dowding as its new creative director and Gaby Huddart as its new deputy editor.Dowding is currently art director of modern homes magazine Livingetc. He has also worked at Cosmopolitan as art director and was on the launch team for Maxim in Russia.Huddart joins woman&home… Continue reading New Creative Director And Deputy Editor For woman&home

Mobile video revenues in the US totaled $146 million in Q1 2007, growing 198% year on year, according to new research from Telephia. Telephia says that there were 8.4 million mobile video subscribers last quarter, with penetration doubling to nearly 4% since Q1 2006. Quarterly Mobile Video Revenue Share, Subscriber Size and Penetration Rate (US) … Continue reading US Mobile Video Revenues Reach $146 Million In Q1

Game advertising spending in the US will grow from $370 million in 2006 to more than $2 billion in 2012, according to Electronic Gaming in the Digital Home: Game Advertising, a new report from Parks Associates. Over that time, game advertising will achieve a compound annual growth rate (CAGR) of 33%, much higher than that… Continue reading US Game Adspend To Break $2 Billion Barrier By 2012