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- UK's Independent Axing Quarter Of Editorial, Says Online Requires Fewer Editors
- From our sister site PCUK: Independent News & Media INM plans to make about 60 redundancies from its 250 Independent editorial staff by the New Year, in a US-style slash-and-burn that this country has rarely seen outside regionals and magazines. In all, 90 of 424 total staff will go...
- External links 2008-11-18
- 'UK Hulu' Kangaroo Ruled Anti-Competitive; Back To The Drawing Board
- Project Kangaroo, a Hulu-like UK VOD JV from BBC Worldwide, ITV (LSE: ITV) and Channel 4, would reduce competition and harm consumers, Britain's anti-trust authority ruled Wednesday morning, even before the project has launched. The Competition Commission said the online unification of the UK's three leading broadcasters would see...
- External links 2008-12-03
- UK Round-Up: Google; News Corp; Amazon
- Some snippets from our sister site paidContentUK:-- Google turns to hard alcohol, relaxing ad rules in January: Here's one for the New Year hangover? Google (NSDQ: GOOG), whose UK ad income has plateaued in recent quarters, will relax its paid search advertising rules to allow hard alcohol to be...
- External links 2008-12-03
- A Murdoch Olympics? What Will 2016 Olympics Look Like Online
- In UK, BBC may not now win the rights to the 2014 Winter Olympics the 2016 Summer Games after the International Olympic Committee turned down the European Broadcasting Union's usually successful bid on behalf of 75 public service broadcasters as too low. Now broadcasters will have to bid for...
- External links 2008-12-04
- Dow Jones To Launch Japanese Site, Thomson Says Advertisers Are Returning
- Dow Jones (NYSE: NWS) is to go against the trend of big media companies retrenching and downsizing across the world with a new Japanese-language site next year, according to the company's editor-in-chief Robert Thomson. The former Times of London editor told the Reuters media summit in New York yesterday...
- External links 2008-12-05
- Bain Close To Buying Reed Business; Parent May Keep a Stake; Apollo May Rebid
- The sale process of Reed Business is in its final stages, as one of the two bidders left in the fray, Texas Pacific Group/DLJ combo, has dropped out of the bid, according to reports. This leaves Bain Capital as the only bidder and with a shot to buy it...
- External links 2008-12-07
- UK Urged To Innovate Out Of A Recession With $1.5 Billion Start-Up Fund
- The UK government is being urged to create a £1 billion ($1.47 billion) venture capital fund for high-tech startups in a bid to innovate its way out of the economic downturn. In its Attacking The Recession paper, the National Endowment for Science, Technology and the Arts NESTA says: "The...
- External links 2008-12-08
- As Yahoo Layoffs Start Today, More May Come Soon; Six Offices Closed in Europe
- As Yahoo's 1500 or so layoffs are happening today see the layoffs BB site SAI for wall to wall coverage, more such reductions may be coming soon, the company warns. According to a Yahoo (NSDQ: YHOO) spokesperson quoted in NYT: "There could be additional staff reductions next year...It depends...
- External links 2008-12-10
- BBC Wins Support For Open VOD Standard, Will Share iPlayer With Rivals
- UK commercial TV leader ITV (LSE: ITV) and telco BT (NYSE: BT) are signing up to a BBC project to create an open standard for delivering on-demand video over broadband to living room TVs. They are joining Project Canvas, under which the BBC wants to mobilise content makers, ISPs...
- External links 2008-12-11
- Last.fm Lays Off Around 20 Staff, Part Of CBS/CNET Integration
- Last night, Last.fm staff in London were celebrating their Christmas party at a venue complete with hot tub. Through today's hangover, they heard about 20 percent are being disposed of as parent CBS Interactive (NYSE: CBS) restructures in a cost-cutting move. CBS, which splashed out $280 million in May...
- External links 2008-12-11
- Lycos Europe Opts For Liquidation, ?50 Million Paid Back To Shareholders
- Lycos Europe shareholders voted to liquidate the business at an extraordinary general meeting at a hotel in Amsterdam this morning. They also nodded through management's strategy to sell its domain registration business, shopping portal and Danish website as going concerns. Shareholders will get ?50 million ($66.72 million) returned to...
- External links 2008-12-12
- Facebook Opens Paris Sales Office As Part of European Expansion
- What does Facebook want for Christmas? A greater foothold on the European ad market by the looks of things: the social network is set to open a sales office in Paris as part of plans to grow across Europe, according to Mad.co.uk. The site's commercial director for EMEA Blake...
- External links 2008-12-12
- Time Warner Ups Stake In Eidos, Will It Buy The Rest?
- Time Warner (NYSE: TWX) has increased its stake in Eidos' Lara Croft game maker SCi Entertainment, which last week renamed to Eidos Plc, as bidders continue to hover over the ailing studio. Time Warner increased its holding from 42.5 million to 52.5 million shares, or 19.92 percent of the...
- External links 2008-12-15
- Dow Jones Ups Langhoff To Lead European Charge, Focus On Online
- Dow Jones (NYSE: NWS) has picked a local publishing exec with online tenure to lead The Wall Street Journal's assault on Europe next year as it squares up to The Financial Times on its own turf. Andrew Langhoff, CEO of DJ's Ottaway local publisher, will be publisher of WSJ...
- External links 2008-12-02
- Apocalypse Soon? Half Of UK Media Jobs To Disappear By 2013: Forecast
- Some thoroughly depressing news to start Monday morning - the founder of UK media research agency Enders expects the number of media jobs in the UK industry to halve between now and 2013. The last couple of months has seen urgent and accelerated downsizing from a glut of publishers,...
- External links 2008-12-01
- European Mobile Network Blyk Raises Big $50.7 Million Round
- Ad-funded, youth-oriented mobile virtual network operator Blyk has raised a massive $50.7 million round from its existing investors - Europe's second biggest media/tech investment this year, according to LibraryHouse. The funding is a real boost for the company, both in terms of money as well as belief in its...
- External links 2008-11-18
- European Mobile Network Blyk Raises Big $50.4 Million Round
- Ad-funded, youth-oriented mobile virtual network operator Blyk has raised a massive $50.4 million in its third round from existing investors - Europe's second biggest media/tech investment this year, according to LibraryHouse. The funding is a real boost for the company, both in terms of money as well as belief...
- External links 2008-11-18
- News Corp Pulls Back On London Media Campus; Blames Economy
- After spending hundreds of hours deliberating and thousands of pounds on consultants' fees in the search for a new London home only to decide to stay put in its Wapping HQ, News International has now declared it cannot afford to upgrade the east London site. The plan had been...
- External links 2008-11-20
- MP3 'Inventor' Brandenburg Invests In DJTunes Dance Music Site
- Karlheinz Brandenburg, credited with at least jointly "inventing" MP3, has joined with a German development bank to invest in DJTunes, a European music download site offering house, techno, trance and electro tracks in that very file format. DJTunes targets DJs, club-goers and labels and claims over 300,000 tracks, all...
- External links 2008-11-19
- Vivendi CEO: No Decision Yet On Whether To Sell Stake In NBCU; GE's Immelt: 'Would Buy In Heartbeat'
- Vivendi (EPA: VIV) SA has yet to decide whether it will keep its 20 percent stake in NBC Universal or exercise its annual option to sell, CEO Jean-Bernard Levy told analysts at a Morgan Stanley conference in Barcelona today. According to Bloomberg, Levy said: "Right now, considering the general...
- External links 2008-11-20
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