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This week's other news
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Guardian rejects tabloid The Guardian has ruled out launching a tabloid edition for editorial and economic reasons, writes Lisa O'Carroll. |
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3i joins hunt for Telegraph At least three more potential bidders have joined the battle for the Daily Telegraph, including 3i, the venture capital firm advised by former Mirror boss David Montgomery. By Jane Martinson and Dan Milmo. Ian Griffiths: Barclay twins will win Barclay brothers await court ruling 12.02.2004: Field widens in Telegraph race 12.02.2004: Telegraph bidders eye 5pm deadline 11.02.2004: Desmond confirms £500m Telegraph bid Timeline: what's happening at Hollinger Full coverage: Telegraph takeover |
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Mitchell targeted by Disney rebels George Mitchell, the former US senator who attempted to broker peace in Northern Ireland and the Middle East, has emerged as a central player in the tug of war over Walt Disney. By Owen Gibson. Battle for the Mouse commences on Wall Street Leader: Big is not beautiful 12.02.2004: £35bn bid for troubled empire 12.02.2004: Sharks circle cartoon empire 11.02.2004: Comcast makes £35bn bid for Disney Mark Tran: Cartoon ambition of lionised cable king Comcast's announcement Letter from Comcast to Eisner |
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AT&T; auction in disarray after leak The auction of AT&T; Wireless was thrown into confusion after potentially damaging financial results from the US mobile phone company were leaked. Richard Wray reports. |
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EC inquiry into Sony music merger The European commission has opened an in-depth investigation into the proposed merger between Sony and Bertelsmann's recorded music businesses. By Dan Milmo. |
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Latest news
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Fitzgerald is frontrunner for Reuters job Niall FitzGerald was in pole position to be the next chairman of Reuters today after he decided to quit the board of Unilever, reports Chris Tryhorn. |
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Ofcom unveils consumer panel Media watchdog Ofcom has named the members of its consumer panel, who will advise on crucial decisions affecting the public such as the price of telephone calls. Owen Gibson reports. Special report: Ofcom |
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Havas issues profits warning Advertising giant Havas today warned profits for 2003 would fall short of its predictions after its flagship agency Euro RSCG performed less well than expected. By Chris Tryhorn. Special report: advertising slump |
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Bullish Lastminute eyes further acquisitions Lastminute.com chairman Allan Leighton today promised the online travel retailer would continue its acquisition spree as it announced reduced losses. By Owen Gibson. |
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Murdoch shrugs off Disney bid Rupert Murdoch has predicted that US cable giant Comcast's hostile takeover bid for Disney wouldn't make much difference to his company. By Chris Tryhorn. Murdoch the Younger now sees no evil 11.02.2004: News Corp reports 50% profits rise 11.02.2004: James Murdoch - I'm not changing targets 11.02.2004: Sky boosted by huge profits hike 10.02.2004: BSkyB fears row over £4m payoff Special report: BSkyB |
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JCDecaux's sales slip French outdoor advertising company JCDecaux said yesterday its fourth-quarter sales had dipped slightly as billboard revenues fell. Special report: advertising slump |
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Yell's revenues are in the pink, despite BT's purple patch Yell, the owner of Yellow Pages, yesterday said it had seen little impact from the return of its former parent, BT, to the classified business directories market in Britain. By Richard Wray. Special report: BT |
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Freeserve breaks even for first time Freeserve today announced that it had broken even for the first time in the second half of 2003 as parent company Wanadoo posted a sharp rise in profits. Owen Gibson reports. |
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Kingsmill refusal leaves three vying for ITV chair The search for a new chairman of ITV is down to a shortlist of three after several heavyweight contenders ruled themselves out. By Jane Martinson. 10.02.2004: ITV shortlist down to three 09.02.2004: I want to be ITV chairman, says Gent 02.02.2004: Finally, ITV plc is born |
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Stewart altered phone log, says aide Martha Stewart was hit by further damaging testimony when her personal assistant said Ms Stewart had altered a potentially significant phone record from her broker. By David Teather. |
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Viacom quits video rentals Viacom has revealed plans to spin off Blockbuster Video after failing to find a buyer for its controlling stake in the struggling retail and rental chain. David Teather reports. |
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Company secretary fined for market abuse A company secretary who sold shares ahead of a sales warning by his firm has been fined £15,000 in the first case of its kind by the City watchdog. |
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Media chiefs back Kerry campaign Fresh from his latest win in Maine, the favourite to challenge George Bush for the US presidency has secured the financial support of some of the world's most powerful media moguls. By Owen Gibson. |
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Vodafone admits weighing up takeover bid for AT&T; Wireless Vodafone yesterday publicly admitted it is considering making a bid for AT&T Wireless, a move that could cost the company upwards of £16bn. By Richard Wray. 09.02.2004: Vodafone board to decide on US move 08.02.2004: Vodafone to shock City with US megabid |
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Mori distances itself from the P word Mori has used a relaunch of its website to distance itself from the word 'poll', which it said had 'connotations of people standing on corners with clipboards', reports . |
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Psion sells Symbian stake to Nokia Psion yesterday sold its stake in Symbian to Nokia after failing to persuade the Finnish group that the mobile phone software joint venture should be floated, writes Richard Wray. |
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Travel and TV boost Diller group's profits InterActiveCorp posted a 5% rise yesterday in fourth-quarter net profit as its travel and TV shopping services grew and it expanded its stable of dating and other web businesses. |
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Viatel emerges from bankruptcy protection Viatel, the pan-European telecoms business that nearly went bust, rose from the ashes yesterday with $60m of new funding. By Richard Wray. |
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Mobile firms seek £4bn VAT refund The five mobile phone operators will today begin legal proceedings to try to claim back £3.9bn in VAT from the government from the auction of 3G rights. By Richard Wray. |
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Candover in bid for Dutch media group Private equity group Candover is front-runner to buy a controlling stake in PCM Uitgevers, owner of three of the Netherlands' four largest national newspapers. By James Robinson. |
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Stars fail to halt slide at Vivendi Sales at entertainment and telecommunications group Vivendi more than halved last year following the disposal of its utility business and a downturn in music sales. By Jane Martinson. Special report: Vivendi |
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Comment and analysis
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Media's first daughter, an independent player Elisabeth Murdoch leads a team of big TV talents at Shine. What she now needs is a major hit, writes James Robinson. |
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Ofcom: more questions than answers Peter Preston: The sticky point for Britain's new supreme media regulator is that it doesn't know quite how to tackle newspaper takeovers yet. Special report: Ofcom |
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Corporate governance
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Media firms fail City test MediaGuardian survey: More than three quarters of media companies - including BSkyB, Carlton and Granada - are failing to comply with City guidelines on best practice in the boardroom. Chris Tryhorn reports. How top media firms rated Table: media firms' ratings in full What the Higgs Code requires |
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MediaGuardian 100
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MediaGuardian 100 Who wields the power in UK media today? Click here to find out in MediaGuardian's third annual power list. Murdoch still rules the City roost Top 10 City Full list from 1-100 |
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Media top 10
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