BBC faces damning criticism over £100m DMI fiasco in NAO report

• BBC admits it 'got this one wrong'• Executive board 'applied insufficient scrutiny'• 'Governance arrangements … were inadequate'Read the NAO report on the BBC's handling of the DMI projectThe BBC's handling of the £100m Digital Media Initiative fiasco has come in for further criticism, with a catalogue of errors uncovered by a National Audit Office report which delivered a damning verdict on Mark Thompson and Lord Patten's handling of the IT project.The NAO report published on Tuesday said the BBC executive board, led by then director general Thompson, had paid insufficient scrutiny to the failing IT project over an 18-month period and the BBC Trust, chaired by Patten, had not done enough to challenge it.According to the NAO, the BBC was "too optimistic" about its ability to complete the project after it took it in-house from contractor Siemens in 2009, with reporting arrangements "not fit for purpose" and no single manager made responsible for the entire venture. DMI was eventually scrapped in May 2013, at a cost of £98.4m to licence fee payers.The executive at the centre of the DMI initiative, chief technology officer John Linwood, left the BBC in July last year when his contract was terminated without a payoff, the corporation confirmed last week.The project – which was supposed to do away with the need for videotapes across the BBC and use digital technology to call up archive footage - was scrapped just a month into director general Tony Hall's tenure in 2013, with... Continue reading at 'The Guardian'

[ The Guardian | 2014-01-28 00:00:00 UTC ]
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McGraw-Hill Reports Double-Digit Growth in First Quarter

McGraw-Hill says revenue grew 7.7 percent to $1. 3 billion while net income jumped 16.2 percent to $120 million in the first quarter of 2011. Revenue in McGraw-Hill's Information & Media segment rose 10.3 percent to $227.5 million while operating profit grew 34.5 percent to $37.4 million. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-26 00:00:00 UTC ]
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Report: Media M&A in Q1 2011 Surpasses All Individual Quarters in 2010

After a disappointing fourth quarter of 2010 (with $2.4 billion in transaction value) in the media industry, investment bank Berkery Noyes reports an upswing for first quarter 2011, to the tune of $13.8 billion in transactions. Berkery Noyes identified the largest transaction in the first... Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-20 00:00:00 UTC ]
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BBC defends genre fiction coverage

Written By: Graeme Neill Publication Date: Wed, 20/04/2011 - 09:45 The BBC is broadcasting an item on “The Culture Show” about science fiction next month, in the wake of a row about the broadcaster’s approach to genre fiction. read more Continue reading at The Bookseller

[ The Bookseller | 2011-04-20 00:00:00 UTC ]
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Report: Apple Beats Out Android Platform Use by 59 Percent

In a study based on data from comScore MobiLens service, results showed that there are 37.9 million Apple iOS users; a number 59 percent greater than Android users, who totaled 23.8 million. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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United Business Media Reports 7.5 Percent Underlying Revenue Growth in Q1 2011

United Business Media (UBM) shared its first quarter report today, with a 13.7 percent increase in total revenue, rising from 2010 first quarter’s $338.74 million to first quarter 2011’s $385.07 million. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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IAB Reports 2010 Internet Ad Revenues Up Almost 15 Percent

The Interactive Advertising Bureau (IAB) shared in its 2010 full year report that annual Internet advertising revenues increased by 14.9 percent from 2009 to 2010, rising from $22.66 million in 2009 to $26.04 billion in 2010. Continue reading at Folio Magazine

[ Folio Magazine | 2011-04-14 00:00:00 UTC ]
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BBC boosts bookshop sales by "almost £500,000"

Written By: Philip Stone Publication Date: Wed, 23/03/2011 - 15:49 The BBC's "Faulks on Fiction" and "My Life in Books" series have boosted book sales by almost £500,000, Nielsen BookScan data indicates. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-23 00:00:00 UTC ]
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Adobe Reports 2011 First Quarter Numbers

Adobe certainly had a solid first quarter in 2011, with record revenue of $1.028 billion reported. Continue reading at Folio Magazine

[ Folio Magazine | 2011-03-23 00:00:00 UTC ]
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Japanese book trade facing worst crisis since WWII

Written By: Graeme Neill Publication Date: Tue, 22/03/2011 - 16:31 The Japanese earthquake and tsunami has caused the worst disruption to the Japanese book industry since the Second World War, the president of the Japanese Publishers Association has said. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-22 00:00:00 UTC ]
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Changing copyright laws could "stifle" literature, report finds

Written By: Lisa Campbell Publication Date: Fri, 11/03/2011 - 08:50 Changing copyright laws in the UK could strike a blow to investment in literature, a report has found. PricewaterhouseCoopers LLP (PwC) has produced the document for the Copyright Licensing Agency (CLA), which reveals that out... Continue reading at The Bookseller

[ The Bookseller | 2011-03-11 00:00:00 UTC ]
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World Book Night books defy the critics as sales grow

Written By: Philip Stone and Felicity Wood Publication Date: Fri, 04/03/2011 - 09:43 The majority of the books to be handed out tomorrow (5th March) as part of World Book Night have already received a sales boost in 2011. The figures will be a welcome fillip for the organisers, with founder... Continue reading at The Bookseller

[ The Bookseller | 2011-03-04 00:00:00 UTC ]
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BBC teams up with Litfest

Written By: Katie Allen Publication Date: Fri, 04/03/2011 - 10:12 BBC4 and The Sunday Times Oxford Literary Festival are to link up for a fourth time, with a dedicated weekend of events, including a tribute to Harold Pinter. read more Continue reading at The Bookseller

[ The Bookseller | 2011-03-04 00:00:00 UTC ]
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Three BBC live broadcasts to form part of WBN

Written By: Katie Allen Publication Date: Mon, 28/02/2011 - 17:17 Three live broadcasts, plus coverage on Radio 4 and Radio 7 have been confirmed as part of the pan-BBC coverage for World Book Night. read more Continue reading at The Bookseller

[ The Bookseller | 2011-02-28 00:00:00 UTC ]
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Wheelers exit Lonely Planet as BBC assumes full control

Written By: Charlotte Williams Publication Date: Fri, 18/02/2011 - 16:55 Lonely Planet founders Tony and Maureen Wheeler have ended their ties with Lonely Planet, the guidebook publisher they founded in 1973. BBC Worldwide acquired 75% of the publisher in 2007 for £89m, and has now paid a... Continue reading at The Bookseller

[ The Bookseller | 2011-02-18 00:00:00 UTC ]
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Playboy, Martha Stewart Living Report Revenue, Net Losses for 2010

Playboy Enterprises and Martha Stewart Living Omnimedia suffered losses in 2010, due to the still struggling economy and a changing media landscape. Playboy says print/digital revenue fell 21.5 percent to $82.8 million in 2010. The domestic magazines generated $37.3 million, (down 32 percent... Continue reading at Folio Magazine

[ Folio Magazine | 2011-02-17 00:00:00 UTC ]
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Macintyre to chair BBC Samuel Johnson Prize

Publication Date: Tue, 15/02/2011 - 09:47 Operation Mincemeat author Ben Macintyre is to chair the judging panel for this year's BBC Samuel Johnson Prize for Non-Fiction. The panel also comprises historian, writer and broadcaster Amanda Vickery, Prospect's editor-at-large David Goodhart,... Continue reading at The Bookseller

[ The Bookseller | 2011-02-15 00:00:00 UTC ]
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Hearst walks away from BBC Magazines deal

Hearst Corporation, parent to the National Magazine Company, has confirmed for the first time it is no longer in talks to buy BBC Magazines following its Lagardère move. Continue reading at Media Week

[ Media Week | 2011-02-07 00:00:00 UTC ]
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Recipe Report: Faludhaj

The faludhaj from The Sweets of Araby is indeed very, very sweet, like concentrated honey, which is essentially what it is. The sesame oil and toasted ground almonds contribute a nice roasted flavor, which adds dimension; still, I couldn’t imagine eating more than a couple small spoonfuls of this. Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-02-07 00:00:00 UTC ]
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Bookthrift in Chesham faces closure

Written By: Lisa Campbell Independent bookshop Bookthrift in Chesham is closing after five years trading, blaming poor sales and more people buying online and in supermarkets. The four staff in the Chiltern Hills shop in Buckinghamshire will be made redundant when it closes, although its final... Continue reading at The Bookseller

[ The Bookseller | 2011-01-28 00:00:00 UTC ]
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Report: Worldwide App Revenue To Exceed $15 Billion in 2011

Mobile app downloads will increase 117 percent to 17.7 billion worldwide while mobile application store revenue will grow to more than $15.1 billion in 2011, a 190 percent increase, according to Gartner Inc. In 2010, app stores generated an estimated $5.2 billion from both download sales and... Continue reading at Folio Magazine

[ Folio Magazine | 2011-01-28 00:00:00 UTC ]
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