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Rupert Murdoch's "fail-wall" - "Open" Guardian revenues up 50% 
Posted on  15-10-2010 01:29:55 AM (GMT +00:00)
Published By  [email protected]

Figures have suggested that the great Rupert Murdoch pay-wall experiment is failing while the "open" Guardian website has increased revenues by 50%.

Circulation figures from ABC show that The Times and Sunday Times print sales fell 14.8% and 9.5% year-on-year respectively.

The strategy was designed to protect hard ...

  
Telegraph considers website paywall 
Posted on  01-12-2010 01:04:10 AM (GMT +00:00)
Published By  Antonis Christodoulou

By Antonis Christodoulou

The Daily Telegraph Media Group is planning to charge for some content next year which will transform further online news.

Following in the footsteps of rivals News International and the Financial Times now the Daily Telegraph is considering the move ...


 
London MEP "we must not" bail out Spain or Portugal 
Posted on  29-11-2010 03:07:24 AM (GMT +00:00)
Published By  News Desk

News Desk

Fears of contangion in the Euro-zone should not engulf the interests of the United Kingdom, argues leading London MEP Syed Kamall in a strongly worded statement issued in London today.

“We spent 3.1 billion Euros bailing out Ireland using this mechanism,” said Dr Kamall. “George ...


  
No Merry Christmas for Google - 'Piracy fear pushes' music service into next year 
Posted on  26-11-2010 03:50:03 AM (GMT +00:00)
Published By  Business Desk

Google's much mooted digital music service, now seems unlikely to launch this year due to piracy fears, according to reports.

It is widely assumed Google's big entry into the music space will be a combined download store and music locker service, meaning that when consumers buy ...


  
London retailers expecting "bumper" Christmas shopping 
Posted on  24-11-2010 08:52:38 AM (GMT +00:00)
Published By  City News Desk

City News Desk

Despite the volatility in the global markets, and fears of a double-dip recession retailers in central London are expecting a "bumper" sales season with the start of the Christmas shopping season now set to start.

This weekend is set to be the ...


  
Nightmare before Xmas - HMV Oxford Street to close 
Posted on  18-11-2010 05:42:32 AM (GMT +00:00)
Published By  [email protected]

It is the news staff in London's Oxford Street dreaded, a major retailer is pulling out.

HMV has announced that it is closing its 35,000 square feet Bond Street store meaning uncertainty for 100s of workers barely a month before Christmas.

The store will shut in the New Year ...


  
Correction to article "Canadians Buy Channel Tunnel" 
Posted on  05-11-2010 09:06:57 AM (GMT +00:00)
Published By  John Kaponi

RETRACTION AND APOLOGY

We apologise for the appearance of an erroneous article earlier today, suggesting that the Channel Tunnel had been sold to a Canadian investment consortium. This was completely inaccurate and misleading.


The Channel Tunnel is not for ...


 
Victory for the bankers - Is this the end for EMI? 
Posted on  05-11-2010 04:03:20 AM (GMT +00:00)
Published By  Business Desk

As many in the music industry predicted, Terra Firma yesterday lost its lawsuit against Citigroup, having failed to convince a New York jury that the only reason it bought faltering music company EMI for four billion pounds in 2007 was because one of the US bank's ...


  
Advantage Germany - Next generation of Eurostar will not be French made 
Posted on  30-10-2010 02:05:46 AM (GMT +00:00)
Published By  [email protected]

French lawyers and businessmen are crossing the channel with their tails between their legs after a devastating High Court defeat for the future of the Eurostar.

Train makers Alstom had hoped to overturn Eurostar’s planned order for German-built Siemens trains  - but failed in their bid for an injunction ...


  
Back to Black? Conrad hints at buying newspaper 
Posted on  28-10-2010 05:41:33 AM (GMT +00:00)
Published By  [email protected]

Shamed former Lord and Daily Telegraph owner Conrad Black has hinted that he is about to re enter the UK newspaper market.

Speaking on BBC Radio 4 the ex resident of Florida's Coleman Federal Prison said he might take up the helm at a US journal.

The former ...


  
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S. Korea spy chief warns of more attacksSouth Korea's spy chief said Wednesday that there is a high chance that North Korea will attack again following an attack last month that has led to renewed tensions on the peninsula, the Yonhap news agency reported.

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