Media AM - Murdoch and Time Warner, Buzzfeed, Future, Karmarama, Bitcoin

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06th August 2014

Murdoch's 21st Century Fox withdraws £80bn bid for Time Warner Rupert Murdoch's 21st Century Fox has withdrawn its $80 billion takeover offer for US entertainment giant Time Warner, blaming an inability to engage with its board and a fall in its own share value since tabling the offer. Buzzfeed appoints Greg Coleman as president Buzzfeed, the expanding news and entertainment site, has appointed former Huffington Post and Yahoo leader, Greg Coleman, as president. Nial Ferguson stripped of MD role in Future restructure Future, the consolidating international media group, has unveiled its new executive management team under chief executive Zillah Byng-Maddick. DFS appoints Karmarama for data and direct account DFS, the sofa retailer, has appointed Karmarama to create and implement a direct marketing and data management strategy. Chancellor George Osborne says Government will explore role of Bitcoin in economy The Government is to examine the role of virtual currencies such as Bitcoin and explore how they can help the UK become a leader in "financial innovation", with chancellor George Osborne set to unveil the Treasury's strategy in a speech later today. Why people won't be swarming around Foursquare's new app As Foursquare officially relaunches as a recommendation service, Will Francis, co-founder and director of social media agency Harkable ponders what the implications might be for the location-based app's user base. Mark Hollinshead leaves Trinity Mirror for sporting events company Mark Hollinshead, the chief operating officer of Trinity Mirror, has resigned from the media to become the chief executive of the sporting events company Nova International. Media Week Awards 2014 shortlist The shortlist for October's Media Week Awards 2014 can now be revealed, and following more competition and entries than ever before, all the companies to have made the cut have reason to celebrate. Publisher says 'f*ck the begrudgers' as Vogue hits all-time high in September Condé Nast's September 2014 issue of Vogue is the monthly magazine's biggest-ever fashion issue, carrying more than £4.5 million-worth of ads. You're not normal, nor is the person you sit next to - and as for your boss... You're not normal. It's something that is all too easy to forget - I do it myself on a regular basis. In a step-change from drinking and dining with media's finest, I was out with the "dads from school" last week. Ocean Outdoor buys Signature Outdoor in £15m deal Ocean Outdoor has bought the West Midlands-based outdoor media owner Signature Outdoor in a deal estimated to be worth £15 million. Yes, there are fewer cocks in Cameron's Cabinet, but it's not exactly a hen party The comedian Andy Hamilton summed up how most of us feel about the injection of women into the new Cabinet when he said: "It's nice that Cameron has discovered women so near election time." Yahoo keeps agencies guessing about Europe The company might have spent the past couple of years in an acquisition frenzy, but what's the strategy? By David Benady. Is 'real time' a game-changer for brands? Should advertisers dive head first into opportunities around tailored, real-time communications, Arif Durrani asks. Anytime, anywhere, on the move: Channel 4 Shorts For those who want to watch quality TV but who only have five minutes to spare, Channel 4 has launched a cheeky campaign promoting its new Shorts programmes. Latest blogs Jerry Wright explains the changes to regional newspaper figures How did the recent changes to ABC's Regional Publication reporting come about and why were they introduced? ABC's chief executive Jerry Wright explains. NRS is ready to build for a new future: Calls for 'media producers' to be differentiated from aggregators Following Campaign's revelation that the NPA has started a review of its requirements for audience measurement this month, Simon Redican, chief executive of the National Readership Survey explains why after a 56 year partnership, the company welcomes the move. Enmity, amity and Pats: how peace has broken out in newsbrands The newspaper business took a major leap forward this month with the launch of a commercial transaction system designed to enable cross-platform sell, says Rufus Olins, chief executive of Newsworks. CNN's Petra Malenicka: 'We don't talk about TV anymore' At CNN, the Cable News Network owned by Turner Broadcasting, they no longer talk about television, says European leader Petra Malenicka. In an age of mobility, outdoor media is the second screen As the importance of both "context" and "mobility" come into their own in the media, outdoor stands to reap the benefits, says Chris Forrester.

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