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Dan Walker Smith

‘The Atlantic’ Gains Revenue Again

Advertising profits up 19 percent

The Atlantic is bucking the trend for print publications by reporting a good year. For the 12th consecutive quarter, the magazine has posted revenue gains. Its overall advertising revenue is…

Mattel Buys HIT Entertainment for $680M

Takes control of Thomas the Tank Engine IP

U.S. toy company Mattel is buying the British children’s TV producer HIT Entertainment, maker of Thomas the Tank Engine, Barney, and Bob the Builder. The $680 million deal gives Mattel…

Google Music Expected to Launch Next Month

Downloads service is 'close' says Android boss

Google is close to unveiling its new music service, which will apparently mix digital downloads with cloud storage. Google’s head of Android, Andy Rubin, confirmed reports of an upcoming launch at…

Britain Bans Duke Nukem Ad From Prime-time TV

‘Sexually explicit’ spot can only be shown after 11 p.m.

The U.K.’s advertising regulator has banned an advert for computer game Duke Nukem Forever until after 11 p.m. The Advertising Standards Authority says it received 34 complaints for the ad, which…

Major Deals for Canadian Newspapers

Glacier Media expands in British Columbia

Glacier Media is buying one of Canada’s oldest newspapers, Times Colonist in Victoria, along with 20 other smaller publications in British Columbia. The Vancouver-based publisher bought Postmedia’s community newspapers portfolio for…

ITV Buys Channel Television

Also nets soccer broadcasting rights

It’s been a big week of deals for British broadcaster ITV. It is to buy the Channel Islands’ commercial TV broadcaster, Channel Television, and has secured the rights to broadcast…

Europe to Invest Billions in Broadband

New infrastructure expected to generate investment and jobs

The European Commission is proposing to invest €9.2 billion ($12.8 billion) on super-fast broadband and digital public services to cover the whole of Europe. The BBC reports that the new investment…

U.K. Analog TV Signals to End October 2012

Digital switchover for the whole of the U.K. and Ireland

The British government has announced that analog TV broadcasting will officially end on October 24, 2012. The U.K. has been phasing out analog broadcasting since 2007, when the northern English town…

Facebook and eBay Team Up for E-commerce

Users can 'want' as well as 'like' items

Facebook and eBay have unveiled a new partnership for online shopping. The new business unit will apparently “seamlessly” integrate eBay with Facebook’s “open graph” platform—its map of friends and social…

BlackBerry Blackout Reaches Third Day

Europe, Africa, Middle East, and Latin America affected

BlackBerry users across the world are still reporting problems on Wednesday, after three days of disruption. Customers in Europe, the Middle East, and Africa have been left without access to…

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