Virgin Media is understood to be carrying out out a review of its TV channels that could lead to a sale of some or all of the division. It has been reported that the cable company has appointed Goldman Sachs to review the portfolio of channels including Trouble, Bravo and Living and a 50% share […]
Simon Cowell has turned down a 1m deal to become the face of impotence drug Viagra. The X Factor judge, known for his cutting comments, described the offer as an insult.
Pearson, the owner of the Financial Times, has reported positive results for 2007 driven by growth in its digital and subscription revenue at the FT. It has exceeded analysts’ expectations by announcing a 9% increase in pre-tax profits to £549 for the year. The publisher says that every part of the business, which also includes […]
Microsoft chief Bill Gates has set up a profile on business-focused social network LinkedIn, in a bid to encourage young people to pursue careers in science and technology. The move comes as LinkedIn launches a tool that will allow its 19 million members to broadcast their daily activities to their connections, similar to the “status […]
HSBC, the UK’s largest bank, says it has made a $17.2bn (8.7bn) loss on investments linked to the credit crisis. The higher than expected loss comes despite a 10% increase in profit to $24.2bn (12.2bn) for 2007, driven by strong growth in Asia.
The Isle of Wight Festival has signed up BT as its headline sponsor. The telecoms giant will use the deal to promote its range of voice, broadband and TV-on-demand product, BT Vision. The deal with festival organisers SOLO is the first time BT has sponsored a music event. It will be promoting the partnership with […]
MTV Two and download service MySpace Music are launching a new weekly chart show that will be driven by audience votes. Viewers will be able to vote for their favourite tracks through the MTV website or a dedicated MySpace page from March 10. The show, which will also include comments from viewers, video directors and […]