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Inside Out, News International’s monthly home and style magazine, is to close less than a year after its launch, due to competition in the sector.The title, which has never released circulation or readership figures, was launched in March of last year by News Magazines, a division of News International.At the last ABC release, the home… Continue reading Title Closure Shrinks News International’s Magazine Portfolio

Traditional broadcasting will make way for IPTV functionality in the next five years, according to Microsoft chairman, Bill Gates.Speaking at the World Economic Forum in Switzerland, Gates predicted that the internet would revolutionise television due to an explosion of online video content and the merging of PCs and TV sets.“I’m stunned how people aren’t seeing… Continue reading Internet Will Revolutionise TV, Says Gates

The new Media Insights report from PricewaterhouseCoopers (PwC) shows that the number of mergers and acquisitions in the European media sector rose 75% to €43 billion (£28 billion) in 2006, the most activity for six years. The number of deals in Europe was up 12% to 175 transactions last year and, if the UK is… Continue reading European Mergers And Acquisitions Reach Six Year High

Active home internet usage experienced its largest growth in Spain as the year closed out, according to new research from Nielsen//NetRatings. Active Internet Universe, December 2006  Country  November 2006  December 2006  Growth (%)  Diff.  Australia 10,648,118 10,698,764 0.48 50,647 Brazil 14,448,077 14,419,335 -0.2 -28,741 France 20,876,899 21,183,022 1.47 306,123 Germany 33,282,100 33,396,576 0.34 114,476 Italy… Continue reading Home Internet Usage Increases

A new forecast from the National Institute of Economic and Social Research (NIESR) predicts that the world economy will continue to expand vigorously, growing by 5.0% in 2007 and by 4.8% in 2008. The strong upturn is expected to continue over the next few years, with world GDP increasing by 4.8% in 2008 and growth… Continue reading Global Economy To Expand Vigorously

The UK economy is predicted to grow by 2.8% this year, driven mainly by consumer spending and investments, according to a new forecast from the National Institute of Economic and Social Research (NIESR). The NIESR adds that after rising in 2005 by 1.4%, the slowest pace since 1992, personal consumption increased by 1.9% in 2006… Continue reading UK Economy Predicted To Grow 2.8%

The latest advertising forecast from Merrill Lynch estimates 5.0% UK advertising growth in 2007, higher than the UK forecasts from both Aegis and Zenith. The financial analyst forecasts 3.6% global advertising growth in 2007, comprising 4.3% Western European growth, 4.0% Latin American growth, 5.0% Asia Pacific growth and 2.9% US growth. This is lower than… Continue reading 5.0% Ad Growth Forecast For UK In 2007

GMG Radio is to rebrand its newly acquired Saga stations as Smooth Radio in the middle of March, taking its number of Smooth stations to six.GMG acquired the three Saga stations in December 2006 (see Saga For Guardian Media Group), although the acquisition was only formally completed this week.As part of the March rebrand, the… Continue reading GMG’s Saga Stations Go Smooth

Almost 5.2 million adults on average tuned in to witness Channel 4’s happy ending, as Bollywood beauty Shilpa Shetty was crowned the winner of Celebrity Big Brother 2007, with a total of 63% of the public vote.A peak of 6.5 million adults tuned in towards the end of the programme, whilst the on-screen return of… Continue reading Big Bro Finale Crashes Out To Top Gear

Satellite broadcaster BSkyB is predicted to announce this week that it has a total of 8.5 million subscribers in the UK, up by around 200,000 for its Q2 results.The broadcaster releases its results on Wednesday and it is expected that a new total will indicate the company is well on the way to its 2010… Continue reading BSkyB On Target To Hit 8.5 Million Subs By 2010