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Emap has announced the £140 million purchase of online research firm Worth Global Style Network (WGSN), a specialist in the retail industry, bolstering the media giant’s research arm. WGSN is “the leading international online source of fashion and apparel intelligence in the retail sector”, Emap explained this morning, stating that the company’s high value information… Continue reading Emap Buys Online Research Firm

A bidding war for control of media buying agency Aegis now looks inevitable, following confirmation this morning that WPP is considering a bid for the company, with its main interest in the Synovate market research operation. Martin Sorrell, chief executive of WPP, confirmed that his company is considering a joint bid with American private equity… Continue reading WPP Confirms Bid For Aegis

Reports this morning claim satellite giant BSkyB is considering a bid for telecoms operator OneTel, a move which would extend the broadcaster’s reach into the communications and online business, allowing for triple play internet and telephone services to accompany the company’s current TV offering. OneTel is currently up for sale by owners Centrica PLC, with… Continue reading BSkyB Considers Bid For OneTel

Retail value of the digital music market accounts for 6% of total retail sales around the world, with new figures from the International Federation of the Phonographic Industry (IFPI) revealing that digital music sales in the period reached $790 million, up from $220 in the first half of 2004. This strong growth has resulted in… Continue reading Digital Music Sales Reach $790 Million

Internet advertising expenditure in the UK reached £490.8 million in the first half of 2005 and is predicted to exceed the £1 billion mark by the end of this year, according to new figures from the UK Internet Advertising Bureau (UK IAB) and PricewaterhouseCoopers (PwC). According to the study, online revenues increased by 62.3% for… Continue reading UK Online Adspend To Pass £1 Billion

Aegis Logo Vincent Bollore’s position amid rumours of an Aegis takeover continued to develop this morning, with the French businessman and head of media giant Havas snapping up a further 3.25 million shares in the British firm. Bollore’s latest purchase cements his position as Aegis’ largest shareholder, with a stake of more than 15% in… Continue reading Bollore’s Stake In Aegis Reaches 15%

UK market research firm, Taylor Nelson Sofres (TNS), has announced the appointment of David Lowden as its new chief executive, succeeding Mike Kirkham as of March next year. Lowden moves up from his position as chief operating officer, with the board asserting that in his time at TNS he has played a central role in… Continue reading TNS Appoints Lowden To Chief Executive

The Television Corporation has announced the receipt of a take-over bid from Welsh producer, Tinopolis, with reports claiming the offer is around 90p per TV Corp share, valuing the business at around £37.5 million. Resulting from the offer, TV Corp’s board has decided to undertake a “full strategic review considering al of the options available… Continue reading Tinopolis Approaches TV Corp In Take-Over Bid

Vincent Bollore’s position amid rumours of an Aegis takeover continued to develop this morning, with the French businessman and head of media giant Havas snapping up a further 3.25 million shares in the British firm.Bollore’s latest purchase cements his position as Aegis’ largest shareholder, with a stake of more than 15% in the firm.The media… Continue reading Bollore’s Stake In Aegis Reaches 15%

American computer giant Apple last night launched the world’s first legal download service for TV programmes, widening the appeal of its popular iTunes software with the addition of video content from American broadcasters, and unveiling a new video-capable iPod to accompany it.Apple’s new service will allow consumers to download programmes following their broadcast, with the… Continue reading Apple Goes Public With First TV Download Service