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Yahoo! recorded an 11% decline in profits for the first quarter of 2007, to $142 million (£70.7 million). Revenues were $1,672 million for the first quarter of 2007, a 7 percent increase compared to $1,567 million for the same period of 2006. Susan Decker, chief financial officer, Yahoo!, said: “Our first quarter financial results reflect… Continue reading Yahoo! Sees Profits Drop

George Entwistle, head of BBC TV current affairs, has been announced as the acting controller of BBC Four for six months.The current controller, Janice Hadlow, is taking a sabbatical to complete a book on George III. The BBC says that she will also be spending time “consulting on the wider BBC Vision strategy”.Jana Bennett, Director… Continue reading Entwistle Appointed Acting Head Of BBC Four

Broadcasters should embrace online advertising rather than concern themselves with the perceived threat of it overshadowing the traditional ad model, according to Google chief executive Eric Schmidt.During a keynote speech at the broadcast technology exhibition NAB in Las Vegas, Schmidt said: “Don’t bet against the internet… find a solution that connects your content with this… Continue reading Broadcasters Should Embrace Online Advertising, Says Google Boss

Channel 4’s Popworld spin-off magazine, Popworld Pulp, has folded after just two issues.The new music magazine had entered an already volatile market, where many titles had seen their circulations slide, and several titles, like the once unrivalled Smash Hits and Xfm’s X-Ray had closed in recent years (see Smash Hits To Close As Music Fans… Continue reading Popworld Pulp An Almighty Flop

BBC Sport is launching a new sports magazine show called Inside Sport, which will air for the first time on Monday 30 April at 11.05pm on BBC One.The show will be presented by Gabby Logan and feature guest panellists including Steve Bunce, Tony Livesey and Des Kelly.There will also be a second edition of the… Continue reading BBC To Launch New Sports Show

Sky News has announced that it is to introduce a new-look website this Thursday, heralding the first phase of the redevelopment of sky.com/news as a video-rich site.The design changes are intended to provide a synergy between the look of Sky News channel and sky.com/news, thus creating a user-friendly, easy to navigate site with a focus… Continue reading New Look Website For Sky News

IPTV subscriber numbers in Europe and Asia are continuing to grow, and will reach 63.3 million by 2011, according to the new MRG report IPTV Global Forecast. MRG says that driving the market’s successful growth in the past 6 months is fast growth in Europe, especially France, Belgium, Spain, Italy and Eastern Europe; in Asia,… Continue reading IPTV Subscriber Numbers Continue To Grow

Google has signed a multi-year agreement with Clear Channel which enables the search engine giant to sell a guaranteed portion of 30 second advertising inventory available on more that 675 of Clear Channel’s AM/FM stations. across the US. The agreement will see Google Audio Ads advertisers receive national distribution, enabling them to reach specific audiences… Continue reading Google Signs US Radio Ad Agreement With Clear Channel

Video games have evolved dramatically since the days of Pong and Space Invaders, as has the advertising contained within the formats. Kieron Matthews, head of marketing at the Internet Advertising Bureau, examines the rise of the media and its potentially massive benefits for advertisers…Video games have come of age in the past 10 years. Many… Continue reading Press Space Bar To Begin

The national commercial digital radio network operator, Digital One, has announced plans for ten new transmitters.Digital One says that the project will result in the UK digital radio network extending to 90% of the British population.This will be acheived by adding sites in the Scottish Borders, Cumbria, the the Yorkshire Coast, Derbyshire and the South… Continue reading Digital One Reveals Plan For New Transmitters