Planet Media... This week's media news at a glance
Media Week, Media Week, Tuesday, 11 September 2007, 12:00am,
News Corp, Aegis, Unilever, AP, Reuters, Getty Images, Channel 4, Sanoma, Partygaming, Yahoo, Google
Peter Chernin, president and chief operating officer of News Corp, is the highest-paid employee in the global media group, according to regulatory filings released last week. Chernin takes home $34m in compensation (on top of a basic salary of $8.1m), ahead of Rupert Murdoch's $32m - Financial Times, 7 September
Media group Aegis posted a market-beating 9.6% increase in revenues, buoyed by a string of new business wins and a strong performance from its digital network Isobar - Financial Times, 7 September
Meanwhile, Aegis chief executive Robert Lerwill defended the group's half-year results following criticism from its biggest shareholder, Vincent Bollore, who was reportedly disappointed by an 18% fall in net profit to £26m - The Daily Telegraph, 7 September
Laura Klauberg has been appointed vice-president of global media at Unilever. She was previously media chief in the Americas - Financial Times, 6 September
A coalition of news agencies, including AP, Reuters, Getty Images and Agence-France Presse, threatened to suspend coverage of the Rugby World Cup in a dispute over media rights - Financial Times, 7 September
The Office of Fair Trading announced plans to review the contract rights renewal mechanism imposed when ITV was created in 2003, which restricts the amount that ITV can charge advertisers. The review is slated to begin in January - The Guardian 7, September
Channel 4 has shelled out £5.2m in bonuses, despite pleading poverty and begging the Government for help - The Sun, 7 September
Finnish publishing giant Sanoma, which publishes 300 titles in 13 countries, is among the bidders for Emap's consumer titles - The Observer, 9 September
ITV has expanded its online gambling operations in partnership with PartyGaming in a bid to supplement its terrestrial TV advertising revenues - Financial Times, 6 September
Yahoo! has acquired BlueLithium, the fifth largest advertising network in the US, for $300m in cash - Financial Times, 5 September
Japan is spearheading a project to seize the lead in search for electronic devices in the face of global dominance by Google - Financial Times, 6 September
Social networking site Facebook has introduced a new public search feature, which will soon mean that basic user profiles will be accessible through search engines such as Google, Yahoo! and MSN - The Times, 6 September.
This article was first published on Media Week
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