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True North and Springer in international partnership

US advertising group True North is said to be in talks with German company Springer & Jacoby about setting up an international partnership.

EU raises domination concerns over AOL/Time merger

The European Commission fears the media giant resulting from the AOL/Time Warner merger could dominate the European internet access market.

SKB begins merger sell-off to satisfy US regulators

SmithKline Beecham will sell off key products worth 2.9bn to rivals Novartis and Roche in an effort to make its planned merger with Glaxo Wellcome more palatable to US competition regulators.

BBC poaches from Granada for Beeb Ventures chief

BBC Worldwide, the BBC’s commercial arm, has appointed Granada Media’s Julian Turner as chief executive officer of its new subsidiary Beeb Ventures.

US dotcoms shun TV in favour of online ads

US dotcom retailers are shunning expensive television advertising in favour of online campaigns, according to internet retailing association Shop.org.

Kirch Group sells BSkyB stake for £600m

The pay-TV unit of Kirch Group has sold its 3.1% stake in BSkyB for 600m.

Granada Media reconsiders HTV sell-off

Granada Media is understood to be having second thoughts about selling the network production arm of ITV franchise HTV, which it is to acquire with United News & Media’s three ITV television franchises in September.

Publicis shareholders OK Saatchi deal

Publicis shareholders have approved the French network’s 1.9bn purchase of Saatchi & Saatchi, with the deal expected to be complete by September 12.

PS2 keeps Eidos profits down

Eidos, the computer games producer and creator of Lara Croft, reported first-quarter pre-tax losses of 22.3m against 20.9m for the same period last year. Turnover remained the same at 16.8m

New Connections 2000 awards for technology talent

Connections 2000, Marketing s new awards event for the 21st century, is open to entries. The awards aim to reward excellence in the use of technology to communicate with customers.

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