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Ad Industry Roundup: WPP-TNS; YouTube; Carat; CNBC; Media Kitchen - 0 Comments
Posted By David Kaplan - Thu 28 Aug 2008 08:46 AM PST

-- TNS still resisting WPP takeover: Even though German audience measurement firm GfK has pulled the plug on its bid to merge with British research company Taylor Nelson Sofres, that…

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Industry Moves: Digitas’ Prescott Joins New WPP Digital Production Unit As CEO - 0 Comments
Posted By David Kaplan - Thu 28 Aug 2008 07:53 AM PST

Former Digitas exec Neal Prescott has been named CEO of WPP Digital’s new production services unit, Deliver. The new unit will tie together production services in Asia, Eastern Europe, Latin…

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Carat’s Still Bullish On Online Ad Spend, But Total Forecast Revised Slightly Downward - 0 Comments
Posted By David Kaplan - Wed 27 Aug 2008 07:13 AM PST

While many other forecasters have been backtracking a bit on expectations for online ad spend growth this year, UK media shop Carat upped its forecast very slightly today. Back in…

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More Gloom For UK Newspapers, Web Gains Not Offsetting Economy - 0 Comments
Posted By Robert Andrews - Wed 27 Aug 2008 03:59 AM PST

The outlook for UK news publishers is as gray and overcast as this summer’s weather has been, as the latest earnings testify. Johnston Press, the country’s second largest regional news…

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GfK Ends Bid For TNS—All Clear For WPP Takeover? - 0 Comments
Posted By David Kaplan - Tue 26 Aug 2008 03:16 PM PST

German audience measurement firm GfK appears to be withdrawing its bid for British research company Taylor Nelson Sofres, according to Reuters, which cited a story in Germany’s Manager magazine based…

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Ad Industry Roundup: WPP; Google; Facebook; ANA; P&G - 0 Comments
Posted By David Kaplan - Fri 22 Aug 2008 07:38 AM PST

-- Digital now 25 percent of WPP’s revs: During the first half of ‘08, WPP Group’s revenue gained 14.3 percent to $6.1 billion (£3.3 billion), despite a worsening ad economy…

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Reed Business Sale Expected As Early As October; Gruner & Jahr Now Interested - 0 Comments
Posted By Robert Andrews - Thu 21 Aug 2008 08:23 AM PST

Reed Elsevier (NYSE: RUK) expects the sale of its Reed Business Information trade magazine unit to complete as early as October. In a memo seen by Dow Jones, Marianne van…

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Reed Business’ Auction Enters Second Round; McGraw Hill In Serious Contention; Nielsen Interested? - 0 Comments
Posted By Rafat Ali - Sun 17 Aug 2008 12:34 AM PST

Reed Business Information, the B2B magazine unit of Reed Elsevier (NYSE: RUK), is moving closer to sale, as the bidding enters the second round, after about 12 bidders in its…

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Czech Portal Seznam Could Fetch $900 Million; Google, Apax, Warburg and Others in Fray - 0 Comments
Posted By Rafat Ali - Fri 15 Aug 2008 10:58 AM PST

Czech Republic’s biggest online portal Seznam is in the process of being sold, at least the majority of it, and the price could reach as much as $900 million, according…

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Twitter Stops SMS To UK, Carrier Costs Too High - 1 Comment
Posted By Robert Andrews - Thu 14 Aug 2008 10:00 AM PST

Twitter says it’s stopped sending out tweets via SMS in the UK, claiming the popularity of the service has made the cost too prohibitive (but I’m still getting messages). Without…

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Philips Buys Rest of TV and Online Video Monitoring Firm Teletrax - 1 Comment
Posted By Rafat Ali - Thu 14 Aug 2008 07:01 AM PST

Teletrax, the UK-headquartered TV and online video monitoring and analytics firm, is being completely acquired by Philips, following a board approval by previous owner Medialink Worldwide, the media services firm.…

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Warner Music Takes Majority Stake In Spanish Artist Manager Get In - 1 Comment
Posted By Joseph Weisenthal - Tue 12 Aug 2008 12:52 PM PST

Warner Music continues to push beyond recorded music… the struggling label has taken a majority stake in Get In, a Spanish artist management firm, according to Reuters. Terms of the…

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UK ISP’s New Music Service Will Pay Labels For ‘Illegal’ Downloads - 5 Comments
Posted By Robert Andrews - Tue 12 Aug 2008 11:29 AM PST

One of the UK’s top ISPs is preparing to launch an unlimited music service that would see it pay record labels for songs illegally downloaded by its customers, paidContent.org can…

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Internet Video Increasing Traditional TV Viewing In The UK? - 0 Comments
Posted By Dianne See Morrison - Tue 12 Aug 2008 05:49 AM PST

So perhaps internet video isn’t doing that much damage to traditional TV viewing after all. Broadcasters’ Audience Research Board (BARB), the UK’s official TV audience measurement body, said today that…

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Telefonica Complains Lycos Europe Sell-Off Too Slow - 0 Comments
Posted By Robert Andrews - Fri 08 Aug 2008 05:07 AM PST

Telefonica’s (NYSE: TEF) LE Holding Corporation, the subsidiary through which it owns 32 percent of Lycos Europe, has filed an application for an inquiry in to the “policy and conduct…

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‘UK Hulu’ Kangaroo Further Delayed In Competition Inquiry - 0 Comments
Posted By Robert Andrews - Fri 08 Aug 2008 03:48 AM PST

UK VOD JV Kangaroo, which was already facing an antitrust inquiry of six months before even launching, is now being delayed by a further month - because the trio behind…

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Did Facebook Try to Buy German Clone StudiVZ? All Stock Offer - 1 Comment
Posted By Rafat Ali - Thu 07 Aug 2008 12:34 PM PST

We heard this rumor too around the time Facebook sued German clone StudiVZ, but wasn’t sure how much credence to put in it...now IHT is reporting this as well. It…

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Earnings: UK’s ITV Postpones Ambitious Online Sales Target By Two Years - 1 Comment
Posted By Robert Andrews - Wed 06 Aug 2008 02:10 AM PST

UK commercial TV leader ITV (LSE: ITV) has pushed back its ambitious £150 million ($293 million) online revenue target from 2010 to 2012, after only creeping toward that goal since…

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Sony Buys Bertelsmann’s 50 Percent Stake In Sony BMG For $1.2 Billion - 0 Comments
Posted By David Kaplan - Tue 05 Aug 2008 05:20 AM PST

As expected, Sony Corp (NYSE: SNE). and Bertelsmann AG have reached an agreement that has Sony buying Bertelsmann’s 50 percent stake in Sony BMG for $1.2 billion. The music company…

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Earnings: Lycos Europe Freefalling En Route To Sell-Off - 0 Comments
Posted By Robert Andrews - Mon 04 Aug 2008 02:23 AM PST

Another Lycos Europe earnings update, another terrible showing. The once-mighty portal, a separate company from Lycos US, swung to a big €9.8 million ($15.2 million) loss in the half-year to…

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Radiohead Downloaders Preferred Illegal P2P To Legal Free - 9 Comments
Posted By Robert Andrews - Fri 01 Aug 2008 07:52 AM PST

Some 2.3 million people skanked Radiohead’s latest album from BitTorrent sources - during the two months it was legally available for free. A research paper from P2P monitor Big Champagne…

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WPP’s Wunderman Takes Majority Stake In Russian Digital Shop Alite - 0 Comments
Posted By David Kaplan - Thu 31 Jul 2008 01:02 PM PST

WPP Group continues its steady pace of digital purchases in growing markets today by taking a majority stake in Russian interactive agency Alite Ltd. The company trades as Actis and…

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Italy’s MediaSet Sues YouTube; Seeking At Least $800 Million Damages - 6 Comments
Posted By Joseph Weisenthal - Wed 30 Jul 2008 08:11 AM PST

More copyright headaches for Google (NSDQ: GOOG) and YouTube… Italy’s MediaSet says it is suing the video site for at least $800 million, claiming the standard complaints about illegal distribution…

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Earnings: Guardian Group Made $168 Million From Digital In 07/08 - 0 Comments
Posted By Robert Andrews - Wed 30 Jul 2008 12:23 AM PST

Guardian Media Group (GMG) grew digital revenues 36 percent to £85.1 million ($168 million) in the 2007/08 financial year ending March 30. The fastest growth was in digital display ads…

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Online Search Firm True Knowledge Gets Second Round Funding - 0 Comments
Posted By Rafat Ali - Tue 29 Jul 2008 10:07 AM PST

Cambridge, UK-based online search firm True Knowledge has closed its second round of funding...the funding was led by existing investors Octopus Ventures and angel investors. It brings the total raised…

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