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In yesterday’s Sunday Times, Omid Kordestani, Google’s senior VP for global sales and business development, outlined the company’s vision for expansion, which could in theory signal the death knell for agencies.The company’s primary revenue driver is the success of search based advertising, which generated the majority of its $10.6 billion last year.However, Kordestani said that… Continue reading Plans For Google’s Future Vision Revealed

A private equity consortium headed by the US group Providence Equity Partners could make a £7.5 billion bid for Virgin Media.A report in yesterday’s Observer said that the consortium is considering whether to take advantage of Virgin Media’s current share price of £24.Providence Partners is apparently in talks with its partners Blackstone, KKR and Cinven… Continue reading Consortium Could Bid For Virgin Media

Virgin Media has rebuffed Sky’s attempts to end the channel carriage dispute after James Murdoch, BSkyB CEO, wrote to Steve Burch, chief executive of Virgin Media, suggesting that the companies “meet in the middle”.In a letter released by Sky, dated May 10, Murdoch said: “The speedy return of Sky One, Sky News, Sky Sports News… Continue reading Virgin/Sky Channel Dispute Continues

A third of British teenagers have at least four social networking profiles on sites such as MySpace, Bebo and Facebook, according to research conducted by Q Research for MediaGuardian.co.uk.The survey of 11 to 20-year olds showed that more than 90% of UK teenagers have used a social networking website and more than half use them… Continue reading Social Networking Sites Appeal To 90% Of British Teens

Emap’s Heat magazine is launching its website next Tuesday aiming to give its readers the latest celebrity news combined with the most up-to-date web 2.0 offerings.The new website, heatworld.com, will combine interactive blogs and user profiles along with many other interactive elements.The launch of the website will give Heat a digital presence across radio, internet… Continue reading Heat Gets Online Presence

woman&home, IPC Southbank’s monthly glossy targeting 40+ women, has appointed Pippa Jackson as editor of its website www.womanandhome.com.Pippa joins womanandhome.com from the popular BBC EastEnders website, where she has been for the past five years, most recently as senior producer.Prior to the BBC, Pippa was deputy editor of the Lifestyle channel at AOL Europe, responsible… Continue reading Woman&home Gets New Website Editor

WPP has purchased digital marketing firm 24/7 Real Media for $649 million (£329 million) in a move intended to strengthen its position in the digital market sector. The deal follows Google’s acquisition of Doubleclick for $3.1 billion (see Google Acquires Doubleclick For £3.1 Billion) and Publicis Groupe’s purchase of the US digital marketing company Digitas… Continue reading WPP Acquires 24/7 Real Media

Yesterday’s Radio 3.0 conference delved into the future of radio and how the industry can harness the internet and DAB to push the medium forward.Phil Riley, chief executive of Chrysalis Radio, started by stressing how much money had already been invested in DAB by the industry and that this investment must continue for the next… Continue reading Radio 3.0: Re-Energising for 21st Century Commercial Radio

Microsoft has bought global digital marketing company aQuantive in a deal worth $6 billion (£3.04 billion). The deal, following on from Google’s acquisition of DoubleClick (see Google Acquires Doubleclick For £3.1 Billion) and WPP’s purchase of 24/7 Real Media (see WPP Acquires 24/7 Real Media), is part of Microsoft’s attempt to build its own global… Continue reading Microsoft Buys aQuantive For $6 Billion

IPC Inspire has announced the promotion of Nicola Ponting to the role of digital sales director with responsibility for driving IPC Inspire’s consumer digital revenues.Ponting will working with IPC Inspire’s core teams to develop online advertising and representing the division’s digital advertising both internally and externally. In addition, Ponting will retain her responsibility for the… Continue reading New Digital Sales Director For IPC Inspire