ITV (LSE: ITV) trumpeted online audience increases in a briefing with analysts this morning (Friends Reunited got a record 6.6 million in July, up from April’s 3.8 million after it…

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South-of-England news publisher Archant saw digital income in the last six months was 63 percent on the same period last year to an unstated figure - but the overall picture…

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ITV (LSE: ITV) has set back its ambitious £150 million online revenue target from 2010 to 2012 after only creeping toward that goal since it was set last year. In…

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ESPN (NYSE: DIS) is buying Racing-Live.com, an independent motorsports site founded way back in 1995. Racing-Live.com claims three million monthly uniques and has four sites - F1-Live.com, Moto-Live.com, Rally-Live.com and…

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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 (£613.8 million). The…

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Video firm Roo’s new owner KIT Capital is merging with two other investors - MNA Partners (covering Mid-East and Africa) and River Road Ventures (for U.S. VC) - making an…

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Arsenal football club majority owner Alisher Usmanov is reportedly trying to add to his online investments by buying between 10 and 20 percent of Russia’s top portal Yandex. Business paper…

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Dutch newspaper and magazine group Telegraaf Media Groep, which has the market-leading De Telegraaf title, has bought a 12 percent stake in German pay-TV group ProSiebenSat.1 (FRA: PSM) for €377…

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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 loss in the half-year to June, from…

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It was back in April that Lycos Europe, after failing to reinvent the once-mighty portal for today’s web, put itself up for sale. Still no word on who might buy…

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Market research firm Taylor Nelson Sofres goes in to the weekend with noe takeover offer on the table and another in the works. WPP has sent TNS its formal offer…

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Growing French online publisher and ad network Hi-Media is buying in to more verticals with three online acquisitions and several other launches… -- Magicrpm: It’s entering the music segment by…

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Updated: The stake is 10 percent, for $2 million. The deal includes an option to acquire a controlling stake in the company at the end of 2008. The Santa Monica-based…

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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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Anglo-Dutch publisher Reed Elsevier (NYSE: RUK) reported “strong buyer interest” for its for-sale Reed Business Information (RBI) unit, which it is already presenting as a discontinued operation. Variety and New…

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You’ve got to admire Sly Bailey’s optimism. Despite profits falling 15 percent in the half-year alone, the Trinity Mirror (LSE: TNI) CEO told analysts: ”This morning, I’m going to concentrate…

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BT reported first quarter results today, revealing a 35 percent drop in profits, dragged down by its wholesale unit and increased expenses related to job cuts. In the three months…

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Despite the worsening economy, BSkyB (NYSE: BSY) is getting more customers to part with more cash. In the year to June, it added 92,000, beating expectations, while customer churn hit…

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This is becoming a pattern. Trinity Mirror (LSE: TNI) half-year profits to June are down 15 percent to £80.5 million, despite digital revenue growing 40.2 percent to £22.3 million. Digital…

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B2B publisher Informa now has received a fresh takeover approach - from a second private equity consortium - after an initial offer from United Business Media (LSE: UBM) paved the…

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

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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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SonyBMG swung to a big $49 million (£24 million) loss for the three months to June’s end, thanks to ”continued decline in the physical music market worldwide not being fully…

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BT (NYSE: BT) has confirmed a deal to buy Ribbit, a Silicon Valley outfit with impressive features for web-based voicemail handling. The price is put at $105 million (£53 million).…

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Business publisher and event organiser United Business Media (LSE: UBM), which has aborted its courtship of Informa, says its decision to break tech publisher CMP in four has been proved…

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