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Guardian Media Group posts pre-tax loss of £89.8 million

LONDON - Guardian Media Group posted a pre-tax loss of £89.8 million for the year to 29 March, with turnover falling by nearly 20 per cent, or £96.7 million, to £405.4 million.

BSkyB plans to launch first 3D TV channel

LONDON - BSkyB has announced that it plans to launch Europe's first 3D television channel next year.

P&G launches augmented reality campaign for Always

LONDON - Procter & Gamble is making its first foray into augmented reality with a new campaign for the feminine care brand Always.

Microsoft-Yahoo! tie-in will cut online ad costs, Sorrell says

LONDON - The merger between Microsoft and Yahoo! could spell the end of high online ad costs and trouble for the rival company Google, according to Sir Martin Sorrell.

Trinity Mirror's Sly Bailey blasts BBC video content sharing deal

LONDON - Sly Bailey, the chief executive of Trinity Mirror, has blasted proposals made by the BBC to share its video content with newspaper websites, calling the initiative self-serving and lacking in creativity.

The Taking of Pelham 123 trailer launches Spotify video ad player

LONDON - Spotify today launched a new video player ad format on its legal music streaming website.

And in the real world... British Gas, Nintendo, Volkswagen and more

LONDON - Today's round-up of the biggest business stories.

OMD retains Eurotunnel media account

LONDON - OMD has retained the £1 million media planning and buying account for the channel tunnel operator Eurotunnel.

National Readership Survey undergoes rebrand

LONDON - The National Readership Survey, the survey of newspaper and magazine readership habits in the UK, has had a rebrand with a new logo.

Sky's ad revenues decline by 6 per cent

LONDON - BSkyB has announced that its ad revenue fell by 6 per cent in the year to 30 June, outperforming the overall commercial TV market.

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