, media and education. The firm recently announced the sale of its consumer division including consumer..., media and education. The firm recently announced the sale of its consumer division including consumer ...
AOL and Time Warner have had their pounds 70bn merger approved by the Federal Trade Commission nearly a year after they announced their plans to merge. Time Warner must open its network to rival internet companies as part of the deal, though AOL is expected to get preferential treatment.
Richard Desmond has sold the Express Newspaper internet assets for pounds 1 to stockbroker Seymour Pierce, who will try to sell them or put them into hibernation for sale at a later stage. The four sites - Express.co.uk, Sportlive.co.uk, Companyleader. com and Allaboutparents.com were said to be costing...
Downing Street has announced that Gavyn Davies will become vice-chairman of the BBC from January 1. Davies chaired the committee, that produced a report earlier this year on the future funding of the BBC. Its proposals included a pounds 24 digital licence fee and partial privatisation of BBC Worldwide...
The Commercial Radio Companies Association has expressed its disappointment at the Communications Reform White Paper, and said it concentrates almost entirely on television and further strengthening of the BBC. The CRCA said the White Paper concentrates on maintaining the BBC to the detriment of its...
The Wireless Group has had its national analogue licence for talkSPORT renewed for another eight years. The group, headed by former Sun editor Kelvin MacKenzie, had its annual payment slashed from pounds 4.3m to pounds 500,000. Virgin Radio and Classic FM also had their payments reduced.
The BBC is set to launch a flagship TV news bulletin for teenagers and 20-somethings on the new digital youth channel BBC 3. Liquid News, BBC Choice s youth magazine programme, is expected to evolve into a regular news bulletin focusing on showbusiness and entertainment. However, a BBC Choice spokeswoman...
Daily Mail and General Trust says it will go ahead with pounds 70m investment plans for 2001, despite a fall in profits. The money will be spent on online products and a further roll-out of its Metro free paper.
Channel 4 s commercial development department and Wall to Wall Television have joined forces to promote a new series called The 1940 s House, which launches on January 2. The programmes feature a family experiencing civilian life during World War 2 and will run for five weeks. The series will be supported...
ShopSmart.com, the comparative shopping site, is to renew its sponsorship of movies on Channel 5 next year as part of a multi-million-pound deal. Movies scheduled for next year include Courage Under Fire and The Long Kiss Goodnight. Movies form the cornerstone of C5's schedule, attracting audiences...
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