Media Sector

Lord Alan Sugar hired to save YouView

BBC along with other territorial broadcasters have come together to hire Lord Alan Sugar for saving the ailing YouView. It is a venture that looks into the business of Internet connected set-top box.

Till now, the company has already cost BBC £6 million because of persistent delays in the business and its execution.

That is the reason why Lord Sugar has been offered the post of Executive Chairman and has replaced Kip Meek, a senior broadcast figure. Kip departed after staying in the firm for a period of eight months alone.

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New app that lets fans tune in to their own personalised radio

Good news for the music lovers. Now they can listen to personalized radio stations on their mobiles. This facility is given by new service. The user can listen even when they are not online.

This application is launched by music service We7. It is free of cost and in this the users are allowed to have a personalized radio station on their mobile phones. In addition to that, the users can choose the tracks of their desired artists to whom they would like to hear.

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Jack Griffin leaves Time Inc. after six-month stint

The Chairman and CEO of Time Inc., Jack Griffin is about to depart from his post in the magazine publisher, half a year following his appointment to the job.

This alteration in the management got declared in a memo on Friday to the people who work for Time Inc. by the CEO of Time Warner Inc., Jeff Bewkes. Time Warner Inc. is a parent company based in New York.

According to Bewkes, the head of the magazine division is going to be an interim management committee till the time a permanent successor is selected.

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Virgin Media's XL package offers 10Mbps boost

Jon James, Executive Director for Virgin Media's broadband announced that the customers who had signed up for Virgin Media's XL broadband package will avail a speed boost from 20Mbps to 30Mbps free of cost.

According to Virgin, the new super fast service is in response to increase in the number of smart phones, mobiles and other gadgets. Since there is an abundance of modern-day business clients and customers, the company is now providing speed boost of 50 per cent as their offering moves.

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High profits force Murdoch to raise bid for BSkyB

Since satellite broadcaster, BSkyB, has been able to show phenomenal financial results, media moghul Rupert Murdoch is facing pressure to raise the offer price.

Rupert's media company, News Corp had earlier offered to buy out 61 per cent of stake in BskyB. This is the remaining stake that is not with News Corp at present and the company has been trying hard to acquire it for a long time. Despite that, it is facing a lengthy inquiry that deals with competition and says that acquiring the firm would give too much control to Rupert in UK.

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