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Gameplay shares jump on strong growth

Online games retailer Gameplay reported strong year-on-year sales growth yesterday, prompting its share price to leap by 11.5% this morning.

MEDIA BRIEFS

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...

Time Warner share price drops on expected earnings decline

Shares in US media giant Time Warner tumbled 15% on the news that the company’s full-year earnings would fall short of expectations due to a decline in advertising revenues, a fall in music sales and disappointing box office results for the Adam Sandler film, Little Nicky.

Christmas gloom for eToys.com

Online retailer eToys.com is understood to be looking for a buyer after warning that its Christmas sales will be well below expectations.

EasyEverything invests £20m in US net cafe expansion

EasyGroup is investing 20m to roll out its chain of EasyEverything internet cafes across the US in the new year.

DIARY: Inflated media spend claims fail to impress the Campaign hacks

The keeper of Campaign's much-perused new-business performance league has had a frustrating year. It might be the season to be merry, but it seems the industry is far more interested in porkie pies than mince pies. With the plethora of dotcom launches, agencies and their new hip clients have taken...

FTC clears $76bn AOL/Time Warner merger

The 76bn merger between US ISP AOL and media giant Time Warner has been cleared by the US anti-trust authority, the Federal Trade Commission, after the two companies pledged to allow competing ISPs carriage on their high-speed cable network and access to their content.

Express websites sold for £1 as United cuts back

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.

MARKETING MIX: IOC gets camera shy over Sony

Serious ructions at the International Olympic Committee's conference on Sport and New Media last week. The IOC, as we all know, has long been anxious to protect the rights of sponsors by buying up poster sites and the like in host cities for use by official backers of the Games. Nothing wrong with...

AOL and Time Warner to hear merger decision today

AOL and Time Warner will hear today whether their proposed 100bn merger has been approved.

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