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NEW YORK -- Alec Gerster, the chief executive of Initiative Media, the Interpublic-owned media network, is leaving the role.
LONDON - Alec Gerster, Initiative's worldwide chief executive and chairman, is to retire on March 1 and will be succeeded by Richard Beaven, chief executive and chairman of Initiative North America.
LONDON - Guardian Media Group-owned MEN Media plans to ramp up online ad sales by, signing up ad network Adlink to handle its digital portfolio.
LONDON - Virgin Media TV's recently-launched channel Virgin 1 has received a boost after securing one of the most prominent slots on the Sky EPG.
LONDON - The National Magazine Company's digital arm, Hearst Digital, has created GetlippyTV, an online TV channel to support the publisher's monthly women's lifestyle title Company.
LONDON - Digital marketing group TradeDoubler's UK revenue rocketed by 128.6 per cent last year compared with 2006, following its acquisition of The Search Works' parent company the IMW Group last July.
LONDON - 'Cell', O2's first made-for-mobile drama using TV production standards, will be premiered to the mobile network's customers on February 1.
LONDON - BBC Radio's share of national listening has risen close to its record level of 56%, with TalkSport a rare bright spot for commercial radio, according to the Rajar listening figures for the fourth quarter of 2007.
LONDON - Global Radio must decide by 5 March whether to submit a fresh offer for GCap Media, after a City watchdog issued a "put up or shut up" deadline.
LONDON - Heart has narrowly retaken the top commercial radio spot from Magic in London, according to the Rajar listening figures for the fourth quarter of 2007.
