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Week commencing 24th March 2008

televisionTotal TV revenues could be down by as much as 10 per cent for May, according to early estimates from broadcasters and media agencies. After a solid first four months of the year, the expected May fall comes as clients tighten advertising budgets amid worsening economic conditions. The drop could result in as much as £30 million coming out of the TV market over the month, based on estimates that May 2007 TV revenues totalled £301 million. Source: Brand Republic

Formula One will return to the BBC from the 2009 season after the corporation secured a five-year television rights deal, it was announced on Thursday. Twelve years after ITV won the rights and began broadcasting the sport, the BBC have managed to bring Formula One back in a major coup for the organisation. Bernie Ecclestone, chief executive of Formula One Administration Limited, said: "I am delighted to conclude this new deal with the BBC." He added: "I wish to thank ITV for their commitment to Formula One and the high quality of their coverage. "It is an exciting time in Formula One and the BBC has some innovative new ideas to consolidate and expand our UK fanbase." BBC Sport director of sport rights Dominic Coles said on BBC Sport online: "The biggest motorsporting event in the world is returning home after 12 years. Source: BBC Online

pressFuture, the special-interest media group, has issued a positive update on its 2008 advertising performance, claiming it is "pacing ahead" of last year. However the group, which publishes titles such as Total Film and SFX, warned in a trading update to the City that it would continue to take a cautious view of the advertising market this year. It said revenues for the five months between October and February were broadly in line with expectations, adding that its growing customer publishing business would boost revenues in the second half of the year. The company reported that costs are running within budgeted levels. The group, which is headed by chief executive Stevie Spring, was restructured last year, selling its French and Italian subsidiaries and investing in key areas of the business, such as its digital offering and US expansion. In the last three months, Future launched websites techradar.com and musicradar.com Source: Mediatel

radioThe Takeover Panel has given Global Radio another five days to indicate if it will go ahead with a £371 million bid for rival company GCap Media. The regulator has now given Global until 5pm on Monday, March 31, to decide whether it will proceed with a takeover or walk away from a deal for the next six months. The announcement, made at 3pm today, came just two hours ahead of the original deadline for the completion of talks between the two companies. Global originally made an offer of 190p a share for GCap in December, increasing that to 202p in February. The Takeover Panel, which had given an initial deadline of March 5 Source: Mediatel

outdoorJCDecaux has launched its PrimeTime network of 20 digital roadside screens across London. The outdoor contractor has positioned the network as a powerful alternative to print, with the aim of attracting new outdoor advertisers. JCDecaux managing director of sales Spencer Berwin said the network would deliver an audience of 4.8 million Londoners across two weeks, describing it as equivalent to 16 days' circulation in the Evening Standard. He said the new screens are a strong addition to the London advertising market, claiming that they are more technically advanced than other roadside digital screens. The screens, measuring 6m by 3m, offer true colour, high-definition display using LED technology. All advertisers taking national 48-sheet poster campaigns will have their creative uploaded across JCDecaux's 20 digital billboards, with the option of multiple messaging and time-sensitive copy changes. Source: Media Week

digitalGoogle's introduction of a search within search feature, which lets users stay on Google to find pages on sites such as Wikipedia, has reportedly upset some publishers. According to the New York Times, some publishers are not happy about this new functionality as they want people to search on their own pages and be exposed to their ads rather than Google's. The New York Times adds that Google is allowing some publishers to opt out of the new feature. However, Google may encounter some complaints, as the new style results page sometimes includes sponsored links that are purchased by publishers' competitors. The report gives the example of users searching Google for The Washington Post and being given a secondary search box. Those who typed 'jobs' into that second box saw related results for The Post's employment pages, but the results were bordered by ads for competing employment sites like CareerBuilder or Monster.com. A Google spokeswoman said that the search feature is currently available for an undisclosed, but relatively small, number of sites, and appears when Google detects a high probability that a user wants more refined search results within a specific site. While Google has not received much negative feedback on the service, the spokeswoman said, the company could change it in the future. Source: Mediatel

cinemaUK Box Office Chart

1. 10,000 BC
2. Vantage Point
3.. The Game Plan
4. The Other Boleyn Girl
5. The Bank Job
6. The Cottage
7. In Bruges
8. The Accidental Husband
9. Hannah Montana & Miley Cyrus
10. There Will Be Blood
Source: Yahoo

Edited by Kevin Tomkins & Peter Wallace

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