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Hughes Electronics outlook weakens

NEW YORK - Hughes Electronics, the owner of US satellite broadcaster DirecTV, has slashed its predictions for subscriber and revenue growth for the second time in five weeks.

Cordiant buys Japanese PR consultancy

HONG KONG - Cordiant, the UK marketing communications group, has acquired 92.6% of Japanese public relations consultancy, International Business Information, for 7.5m.

Half of UK households to have digital TV

LONDON - More than 7m households in the UK have digital TV and, by the end of 2005, this will have increased to half of all UK households, according to the latest figures from Jupiter MMXI.

Earthlink signs access deal with Time Warner Cable

NEW YORK - Earthlink and Time Warner Cable, a subsidiary of AOL Time Warner, have announced that they are to offer Earthlink's high-speed internet cable service to Time Warner Cable's customers in certain areas of the US.

DMGT fined for predatory pricing

Sony Walkman has signed a six figure sponsorship deal with Virgin Radio for its on-air and online coverage of V2001 music event.

BBC Ventures offers third party web sales

BBC Ventures offers third party web sales

Newspaper Society promotes communications head

LONDON - The Newspaper Society has promoted two managers to director level, including its communications manager Lynne Anderson, who becomes director of communications.

Autobytel issues results warning

LONDON - US-based online car retailer Autobytel.com has warned that its second-quarter results will be weaker than expected because of the difficult market conditions.

Daily Mail division fined £1.3m by OFT

LONDON - Aberdeen Journals, which is owned by the Daily Mail 1.3m by the Office of Fair Trading for abusing its dominant position in the market by offering cut-price advertising rates.

Publicis creates collaborative marketing unit

LONDON - Publicis Groupe has created a collaborative marketing unit for manufacturers called Collaborative Marketing Worldwide, and former Saatchi & Saatchi executive Mel Korn has been named CEO.


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