VNU buys AC Nielsen in £2.3bn deal
18 Dec 2000
Dutch publisher and internet company VNU has agreed to buy US market research company AC Nielsen in a 2.3bn cash deal which is expected to close by the first quarter of 2001.
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Reuters ditches plans for online brokerage product
21 Dec 2000
News and information company Reuters has scrapped plans for a retail version of its online brokerage system Instinet.
Agency.com axes 190 jobs in cost-cutting strategy
18 Dec 2000
New-media consultancy Agency.com has axed 32 jobs in the UK and an additional 158 worldwide in a global cost-cutting strategy following a fall in demand for interactive consultancy from blue-chip companies.
Express websites sold for £1 as United cuts back
15 Dec 2000 | by by Louise Banbury
LONDON - Richard Desmond, the new owner of Express Newspapers, has sold the company’s four websites to a stockbroker for the nominal price of £1. The news came as United News & Media announced plans to halve its online investment.
Razorfish shares plummet on earnings warning
13 Dec 2000 | by Louise Banbury
Shares in US internet services company Razorfish slumped sharply during after-hours trading last night after the company warned that its fourth-quarter earnings would be below expectations.
Carlton’s bid for European internet alliance founders
12 Dec 2000 | by Louise Banbury
Carlton Communications’ plans for a cross-border European internet alliance ended yesterday, after three European media companies failed to commit to a financial investment.
Carlton sells Technicolor to Thomson Multimedia in $2.065bn deal
11 Dec 2000 | by Louise Banbury
Carlton Communications has confirmed that it has reached a 2.065bn ( 1.43bn) agreement with Thomson Multimedia for the sale of its film and video processing company Technicolor.
CAMPAIGN.I: News Briefs
08 Dec 2000
The convergent media company 4i has been appointed the lead brand design consultancy for the new health and beauty network, whose working title is Digital Wellbeing, to be launched jointly by Boots and Granada Media early next year. The interactive brand will launch both on the web and on digital TV...
DIARY: Masters of Spin
08 Dec 2000
MT Rainey, the joint chief executive of Rainey Kelly Campbell Roalfe/ Y&R, has a very cruel nick-name: Empty Brainey. As one of the most intelligent people in the industry, this has always seemed like a grave injustice. Despite the blonde hair, MT could give Stephen Hawking a run for his money....
Reuters names US lawyer as chief executive
07 Dec 2000 | by Louise Banbury
UK information and media group Reuters has appointed American lawyer Tom Glocer as its new chief executive -- the first time a non-journalist has taken the helm at the company.
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