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Monday 21 January 2008 Getty Images for saleBy Leah McBride Mensching, Monday 21 January 2008 at 23:17 :: Media Ownership Getty Images has put itself up for sale, and could bring in more than US$1.5 billion, the New York Times reported Monday. The biggest supplier of photos and video to media and advertising companies in the world has gained the interest of several buyers, most of them from private equity firms, including Bain Capital, Kohlberg Kravis Robers, and others, the report stated. Murdoch, Packer make AU$3.3 billion bid for Consolidated MediaBy Leah McBride Mensching, Monday 21 January 2008 at 22:59 :: Media Ownership Lachlan Murdoch, son of media giant Rupert Murdoch, and Australia's richest man and gaming heir, James Packer, offered to buy Consolidated Media Holdings for AU$3.3 billion (US$2.9 billion) Monday. This is the second major effort the two rival media empires (Murdoch's News Corporation and the Packer-backed Consolidated Media) have made to join forces, after both backed telecommunications company One.Tel, which closed in 2001, Reuters reported Monday. Sales of British dailies hold steady in IrelandBy Leah McBride Mensching, Monday 21 January 2008 at 22:12 :: Circulaton & Distribution Even as sales dropped at home, British daily tabloid sales remained steady or climbed in Ireland in December, the Sunday Business Post reported Sunday, According to Audit Bureau of Circulations numbers, the Sun sold 104,629 copies in the six months to December, staying the same as in 2006. Overall, however, News International's flagship tabloid dipped below three million in December, an overall low. Yahoo and T-Mobile join forces in the UKBy Erina Lin, Monday 21 January 2008 at 21:20 :: World Digital Media Trends Yahoo and T-Mobile are joining forces to serve targeted display advertising on mobile Internet services in Britain. The first ads for T-Mobile's Web 'n' walk mobile browser will be rolled out during the first half this year. Yahoo signed a similar deal with Vodafone last year, which provided it with a key role in display ads on two of the United Kingdom's top mobile services. It also reflects Yahoo's strategy of making advertising and distribution deals with carriers and handset makers in key markets, such as Europe, Asia and Latin America, according to a Media Post article. Study: U.S. online ads will more than double by 2011By Erina Lin, Monday 21 January 2008 at 21:19 :: Advertising Online advertising will more than double to $50.3 billion in 2011, from $21.7 billion in 2007, mostly driven by new technologies that boost online ad performance, according to the research firm Yankee Group. “While the size of the U.S. Internet audience will level off in the next few years, ad dollars have yet to catch up with the growth in online media consumption,” the Yankee study said. The Internet accounts for about 20 percent of total media consumption, but only 7.5 percent of ad budgets. Icelandic paper opens Polish online versionBy Erina Lin, Monday 21 January 2008 at 21:18 :: Online/Digital Publishing Jóhanna Sigurdardóttir, Icelandic Minister of Social Affairs, formally launched a Polish news Web site Friday. The new site, with all the main stories translated to Polish, was a subsection of dv.is, the news Web site for Icelandic daily DV. According to editor of DV Thórarinn Thórarinsson, the news site provides service for the over 6,000-strong Polish community in Iceland. "Easy access to the main news stories from the Icelandic society strengthens the position of those who are trying to gain footing in a foreign community, foreign because of language barriers," he said. |
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