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The European Commission has approved under the EU Merger Regulation the proposed acquisition of British and Irish pay TV operator BSkyB by News Corporation, a global media and communications company headquartered in the US.
A full merger between Rupert Murdoch's News Corporation and satellite broadcaster BSkyB will not weaken competition in the UK, the European Commission has ruled today.
Assuming control of a business is never easy, so imagine taking the reins from the founder and chairman of the UK's largest private magazine business, a former deputy prime minister, in the grip of the worst advertising recession in living memory. And he's your dad.
Mindshare is moving from its conventional grey London office building on the Strand into the seventh and eighth floors of a garishly coloured, ecologically advanced, mixed-use development designed by world-renowned architect Lorenzo Piano.
BBN Network, the ad network for the business-to-business community, has launched in the UK with six UK publishers this week.
ITV has sold its 50% stake in US cinema ad company Screenvision, to private media equity firm Shamrock Capital Growth Fund 11, for $80m, in a bid to reduce its debts.
NEW YORK - The Hollywood Reporter, part of E5 Global Media, is to cease daily publication and become a weekly magazine as disappearing advertisers and loss of status in an industry that is dominated by entertainment blogs takes its toll.
Pearson, owner of the Financial Times, has reported a strong first half for 2010, with and a return to advertising growth for its business newspaper.
Regional publisher Johnston Press is kicking off a £2m, four-month ad campaign to extend the reach of its Scotsman.com/jobs recruitment site.
LONDON - The Daily Mail and General Trust, publisher of the Daily Mail and Mail on Sunday has posted a 20% boost in its pre-tax profits in the six months to 4 April, despite revenue falling 10%.
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