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Express websites sold for £1 as United cuts back

LONDON - Richard Desmond, the new owner of Express Newspapers, has sold the company’s four websites to a stockbroker for the nominal price of £1. The news came as United News & Media announced plans t...

Starcom wins $800m Kraft media business

Food giant Kraft is understood to have consolidated its 800m North American media planning and buying account into Starcom MediaVest, the media buying arm of B|Com3, following a competitive pitch.

TBWA\Chiat\Day buys Canadian agency

TBWA\Chiat\Day\Toronto has acquired one of Canada’s largest independent agencies, Bryant Fulton & Shee, in an effort to bolster its growing North American network. Terms of the deal were not disclosed...

Losses widen at CMGI

CMGI, the internet company which owns AltaVista and Engage, has reported a sharp increase in first-quarter losses, rising to 636.6m from 117.4m last time for the quarter ending October 31.

Melody Maker plays its last gig

IPC Media has finally called it a day for Melody Maker, merging the 73-year-old music title with NME. Melody Maker has been struggling in recent years as the music scene became increasingly fragmente...

US regulator passes AOL Time Warner

US regulator passes AOL Time Warner

TalkSport licence renewed

TalkSport licence renewed

GSB picks production chief

GSB picks production chief

AOL and Time Warner to hear merger decision today

AOL and Time Warner will hear today whether their proposed 100bn merger has been approved.

Brien departs Leo Burnett to lead Starcom MediaVest

Nick Brien, the chief executive of Leo Burnett London, is leaving the company to become president of US corporate business development for Starcom MediaVest Group, the media arm of B|Com3.

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