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The BBC has confirmed former Channel 4 chief Michael Grade as the Corporation’s new chairman for four years from 17 May.Less than two hours after being appointed Grade has already begun to make changes, announcing that he will scrap all progress made towards appointing the BBC’s new director general and restart the applications from scratch.The… Continue reading BBC Confirms Grade As New Chairman

Former Channel 4 chief executive Michael Grade is expected to be confirmed as the BBC’s new chairman by Downing Street later today following an exhaustive selection process lasting nearly three months.Grade will step into the shoes of Gavyn Davies, the former chairman who departed following criticism contained in the Hutton Report published in January.The appointment… Continue reading Government To Name Grade As BBC Chairman

Internet search specialist Overture has announced a deal with two of the UK’s largest mobile networks to provide web-style advertiser-sponsored search links to mobile phones across the country.The deal, struck between Overture and mobile operators Orange and Vodafone, represents a leap in mobile advertising which is expected to fuel a rapid increase in penetration for… Continue reading Overture To Bring Web Advertising To Mobiles

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Shareholders in advertising giant WPP have forced the company to make an abrupt U-turn on a proposed bonus scheme for executives worth up to £112m over five years.The scheme would have netted chief executive Sir Martin Sorrell around £44 million, although shareholders have become increasingly vocal in their opposition to the plans, forcing the company… Continue reading WPP Shareholders Block Executive Bonus Scheme

New research from Nielsen NetRatings indicates that internet giant Yahoo! will gain almost five million extra visitors per month with the acquisition of price comparison site Kelkoo.The deal to purchase Kelkoo was announced by Yahoo! last month and will cost the internet giant £318 million (see Yahoo! Acquires Shopping Site Kelkoo For £318 million).The impact… Continue reading Yahoo Set For Massive Boost With Kelkoo Deal

The MediaTel Group Sports Quiz is over half way through and the current leader has a opened up a 12 point gap at the top of the leader board – www.MediaTelGroup.co.uk/sportsquizWith 14 questions completed in this years’ Sports Quiz in aid of Whizz-Kidz, Tim Sandars of IPC Media is leading with 87 points. The latest… Continue reading MediaTel Group Sports Quiz Update

Results announced yesterday by Kelvin MacKenzie’s Wireless Group fueled a 2.24% hike in share price, settling at 114p. The company’s adjusted operating profits reached £2.3 million in the twelve months to December 2003, up by £4.6 million on the previous year when losses were £2.3 million (see TWG Turns Around In 2003 To Reach £2.3… Continue reading Sharewatch: Wireless Group Results Fuel Price Rise

Outspoken chairman of the Wireless Group, Kelvin MacKenzie, has fired the latest salvo in his battle against radio ratings authority RAJAR with a stinging attack on its chairman branding him “totally unfit to be in his current position”.MacKenzie’s statement was issued after the RAJAR chairman, Lord Gordon of Strathblane, claimed that results of research undertaken… Continue reading MacKenzie Brands RAJAR Chairman “Totally Unfit”

Capital Radio revenues are expected to increase by 3% year on year according to its first half trading statement issued today. This is in line with the group’s expectations.Trading for the first six months, ending March 2004, shows revenues up by 2% for Q1 2004 and up by 5% for October to December 2003, when… Continue reading Capital Radio Revenues Nudge Up 3% In First Half