Feeds

Murdoch bets on 365 - report

Not one who likes to lose

Top 5 reasons to deploy VMware with Tegile

News International broadcaster BSkyB is in talks to acquire 365 Media Group according to a report in The Times - also owned by News International.

Known until recently as UKBetting.com, the company runs gambling and sporting websites including sportinglife.com, Rivals.net and Football365.

According to The Times, negotiations with 365 Media are at an advanced stage, with a purchase price of £92m quoted.

365 Media went public in 2001, on the AIM exchange, and turned its first profit in 2004. In its most recent financial disclosure, the group reported a turnover of £62.4m, up 12 per cent year-on-year, and a gross profit of £13.2m, up from £11.4m in 1H 2005. In October it said it was open to offers.

After the United States Senate recently passed legislation outlawing internet gambling, Media 365 said it wasn't hugely affected, given that most of its audience was British, and most of the overseas audience that bets on British sporting events is in Asia.

News International has been buying niche sites largely ignored by "Web 2.0" pundits, including Intermix, owner of MySpace. ®

Beginner's guide to SSL certificates

More from The Register

next story
The 'fun-nification' of computer education – good idea?
Compulsory code schools, luvvies love it, but what about Maths and Physics?
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Ex-US Navy fighter pilot MIT prof: Drones beat humans - I should know
'Missy' Cummings on UAVs, smartcars and dying from boredom
Yes, yes, Steve Jobs. Look what I'VE done for you lately – Tim Cook
New iPhone biz baron points to Apple's (his) greatest successes
Lords take revenge on REVENGE PORN publishers
Jilted Johns and Jennies with busy fingers face two years inside
Sysadmin with EBOLA? Gartner's issued advice to debug your biz
Start hoarding cleaning supplies, analyst firm says, and assume your team will scatter
Edward who? GCHQ boss dodges Snowden topic during last speech
UK spies would rather 'walk' than do 'mass surveillance'
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Three 1TB solid state scorchers up for grabs
Big SSDs can be expensive but think big and think free because you could be the lucky winner of one of three 1TB Samsung SSD 840 EVO drives that we’re giving away worth over £300 apiece.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.