EMI Receives New Takeover Offers, Private Equity Involved
EMI Group may have rejected Warner Music Group’s £2.1 billion ($4.2 billion) takeover bid in March, but the record label has other suitors… Read more »
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Tiscali Launches On-Demand Internet Movie Rental/Purchase Outlet
Italian broadband provider Tiscali has partnered with movie distributor Arts Alliance Media to launch Movies Now, a UK internet-based VOD se… Read more »
Reuters Courted For Takeover By Unidentified Bidder; Thomson And News Corp. In The Frame
Reuters confirmed it has received a preliminary takeover approach from an unnamed suitor after shares jumped as much as 30 percent on the Lo… Read more »
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Pandora Fails To Win Overseas Licensing Deals; Shuts Off International Tap
Music recommendation engine Pandora announced it would be shutting off its service to users outside the U.S. Founder Tim Westergren e-mailed… Read more »
Net Radio Stations Given 60 Days To Find Cash, Fight Or Die
A postponement of the deadline by which net radio channels must pay revised artist and label royalties has given many independent and larger… Read more »
Publicis Creates New Digital Ad Network, Aims For 25 Percent Online Revenue
In December, Paris-based advertising group Publicis Groupe [NYSE: PUB], the world’s fourth largest ad agency, acquired online ad network Dig… Read more »
eBay Acquires Minority Stake In Popular Turkish Auction Site GittiGidiyor.com
eBay has acquired a minority stake in Turkish online marketplace GittiGidiyor.com. Instanbul-based GittiGidiyor.com (translation: “Going, Go… Read more »
Nearly Half Of Europeans Watch Web TV: Study
Forty-five percent of European broadband users watch TV on the internet, according to research conducted by StrategyOne for Motorola. The ha… Read more »
Industry Moves UK: BBC Raids BSkyB, Virgin Radio, Microsoft For Future Media
Ashley Highfield’s Future Media & Technology unit at the BBC has made a trio of appointments to its leadership team (via Broadcast magazine)… Read more »
BSkyB Clocks 36 Percent Web Traffic Gains On Virgin Spat
BSkyB websites saw the fastest traffic growth of any UK site in March, according to latest comScore data. While Google, Microsoft, eBay and… Read more »
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Boo.com’s Back: Dot.Com Flop Now Rebooted As Travel 2.0 Site
It burned through £100 million ($200 million) in 18 months, gave users bloated Flash interfaces and became a case study for dot.com hubris.… Read more »
SlingPlayer Available To UK Windows Mobile Users
Sling Media has released the Windows Mobile version of its “place-shifting” client to UK users, the::unwired reports. The Windows Mobile ver… Read more »
Industry Moves UK: NBCU Global MD Joins BBC, New Media Revenue Focus
Nick Betts, NBC Universal’s global channels MD for the UK and Northern Europe, has been appointed head of commercial and business developmen… Read more »
Industry Moves: O2′s Griffiths Is New MSN Mobile Director
Microsoft has lured O2 exec Hugh Griffiths to head MSN’s mobile division in the UK. He joins Microsoft’s Online Services Group as director o… Read more »
Last.fm, Channel 4 Radio Partner On User-Generated Chart Show
This feels revolutionary … Channel 4 Radio, the offshoot of the TV channel that is extending into non-visual territory, has signed a deal… Read more »
Still Waiting For ITV.com Relaunch; Some More VOD Details
It’s still not here, but ITV did today stage a press launch hailing its eager-awaited web revamp as “the most comprehensive commercial websi… Read more »
More On The BBC’s iPlayer On-Demand; Storage Time Scaled Back
Some more details on the BBC Trust’s final, final go-ahead for the BBC to roll out its iPlayer on-demand plans. The project will offer seven… Read more »
Channel 4′s 4OD Beats Expectations; 20 Million VOD Deliveries In First Six Months
Channel 4′s 4OD on-demand content strand has seen 20 million programs pulled down by more than a million viewers in its first six months, FT… Read more »
Industry Moves UK: Bebo Hires Ex-MTVN Exec Gambino As Music VP, Gets Serious About Songs
Bebo has just hired former MTVN exec Angel Gambino to a new position of VP-music as the social networking site looks to rival MySpace in the… Read more »
BBC, ITV To Launch Free Digital Satellite TV Network
The BBC Trust has granted the broadcaster permission to roll-out a digital satellite TV service that will be free to consumers, it announced… Read more »
Earnings: CNET Users Up, Views Down, Webshots To Be Scaled Back
CNET Networks’ net losses grew from $1.3 million in Q106 to $9.1 million this time around, thanks in part to costs of $4.4 million paid to a… Read more »
Earnings: TheStreet.com Revenue Booms On Advertising Growth
The online ad boom and syndication partnerships helped financial news site TheStreet.com report record revenue of $14.5 million for the firs… Read more »
Earnings: XM Slims Losses; To Focus On ‘Microchannels’, Less On Marketing Hardware
Satellite radio network XM (Nasdaq: XMSR) managed to reduce its losses by 18 percent, to $122.4 million in the quarter to March, improving f… Read more »
Earnings: Comcast Posts ‘Record Digital Quarter’ On PPV, HD Gains
Comcast (Nasdaq: CMCSA) reported an 80 percent surge in profits for the quarter to end of March, net income rising to $837 million from $46… Read more »
Apple Earnings 2: Annual iTunes Store Revenue Grows 35 Percent By Q2
Apple (NSDQ: AAPL) reported the best March quarter in its history, posting revenue of $5.26 billion, 21 percent up on the same quarter in th… Read more »
WPP, Others Eye Bid For 24/7 Real Media Ad Network: Report
WPP of London, the world’s second largest advertising firm, is said to be considering a takeover of web ads network 24/7 RealMedia as consol… Read more »
Carphone Warehouse Concedes iPhone Exclusivity To Networks
Carphone Warehouse says it has abandoned hope of following Cingular/AT&T in securing an exclusive partnership to retail Apple’s iPhone, acco… Read more »
Facebox Gets $6.8 Million For Pan-European Social Net, Rebrands ‘Netlog’
Pan-European youth social networking site Facebox has received a EUR 5 million ($6.8 million) first investment that will see it rebranded Ne… Read more »
ITV.com Relaunch Finally To Include VOD Offering
ITV, Britain’s biggest commercial TV network, is finally ready to unveil its long-awaited online video-on-demand offering. MediaWeek reports… Read more »
Participation TV Imploding After $80 Million Latest Allegation
The UK’s TV premium phone call scandal just gets worse. A government review looking at the extent to which the interactive quiz call genre s… Read more »
Amazon Now ‘Talking To Majors’ On DRM-Free Music Store
Sources in the London Times say Amazon has approached all the major labels “in the past fortnight” and stated its desire to launch an online… Read more »
Women’s Social Shopping Net Osoyou.com Scores $2 Million
Brightstation Ventures has made a £1 million ($2 million) investment in Osoyou.com, a UK fashion social shopping network due to launch late… Read more »
Joost Gets Boost From Indie Film And TV Content Deals
Joost used MipTV in Cannes to announce a raft of new content carriage deals with independent TV and movie distributors. The deals will bring… Read more »
RTL Considers Acquisitions, Fighting YouTube, MySpace Threat
Luxembourg-based European media group RTL is looking for acquisitions and aims to “fight” the threat posed by social networking and video sh… Read more »
UK Web Publishing Revenue Up 60 Percent, Paid Content Doubles
UK online publishers’ revenue grew 60 percent to £575 million ($1.1 billion) last year and they are forecasting faster growth for 2007. Mem… Read more »
IPTV 2011: 1.5 Million UK Subscribers, 103 Million Worldwide – Reports
Two new reports paint an optimistic, if obvious, upward picture for IPTV over the next couple of years. By 2011, around 1.5 million UK house… Read more »
BBC To Unveil Plans For Massive Online Program Archive
The BBC will this week announce plans for a massive online program archive. Speaking to paidContent.org, a BBC spokesperson confirmed a repo… Read more »
Sony Uses PS3 Magazine As Blu-ray Trojan Horse
Well, it’s one way to drive Blu-ray take-up. In what it says is a world first, the Official PlayStation Magazine in the UK will, from its Ju… Read more »
Industry Moves: Former Vodafone Exec Geitner Joins BBC Worldwide’s Board
BBC Worldwide has appointed former Vodafone exec Thomas Geitner to its board as a non-executive director in preparation for imminent digital… Read more »
SMG To Spin Off Virgin Radio, Europe’s First Online Broadcaster
SMG, the troubled media group that owns two ITV franchises in Scotland, will spin off its otherwise successful Virgin Radio business to redu… Read more »
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