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Myspace could be worth $15bn within three years, according to one Wall Street analyst.
In a research note quoted by Reuters, RBC Capital analyst Jordan Rohan said he had come out of a meeting with Fox Interactive enthused about the site’s experienced management, "massive" global appeal and potential to become "an intellectual property distribution powerhouse".
Ofcom has warned that the EU’s proposed Audiovisual Media Services (AVMS) directive could force new media companies to relocate outside Europe.
The UK media regulator said research it had commissioned from RAND Europe showed the proposals could “significantly increase regulatory costs and uncertainty” for multimedia firms.
The public smoking ban could see bingo players moving en masse to the web, according to research by white label gaming firm St. Minver.
The company found 60% of the 2667 British internet bingo players it interviewed smoke, well above the national average of 29%. But mobile companies aren't set to cash in on the ban, with 95% of respondents saying they aren't interested in playing games on their phones.
The Guardian reports that Yahoo is close to a deal with Orange to provide search services to the mobile operator’s subscribers.
The agreement, following a similar deal with 3, would be a boost for the portal in its battle for mobile search users against Google.
Twentieth Century Fox is planning to use Myspace and other News Corporation websites to sell its movies and TV shows.
The move will see Fox Interactive Media, a division of News Corporation, marketing its content on the gaming download site Direct2Drive from October.
Disney has delayed the launch of a ‘family-friendly’ mobile service in the UK, according to The Sunday Telegraph .
The media giant announced in April that it would launch a mobile virtual network operator (MVNO) using capacity on O2’s network, similar to its existing service in the US.
Britain’s youth is driving a ‘radical shift in media consumption’ away from TV, radio and newspapers and onto the web, according to industry regulator Ofcom.
Ofcom’s Communications Market Report for 2005 shows declining interest in TV among 16-24 year olds, who watched one hour of TV less per day than the average viewer last year.
Virgin Atlantic is preparing to launch an in-flight text messaging service which will allow passengers to have their questions answered at 35,000 feet.
Three quarters of UK consumers don't use their mobiles to access the web, according to research.
The survey of 1,500 people, commissioned by hosting firm Hostway, found that 38% of mobile internet users are annoyed pages load too slowly, while over 25% find sites too hard to navigate on small screens.
T-Mobile has started offering its pre-pay customers web access from their mobiles for a maximum of £1 a day.
I was given an iPod as a birthday gift a couple of years ago. Immediately, I fell in love with it, and it revolutionised my listening habits. It looks good, it is easy to use, and my particular model stored 5,000 songs, about half of my CD-based music collection.
But my love affair quickly turned sour. Over time, I have experienced various problems with the iPod and iTunes, some of which are listed after the jump.