A recent report talked about several BBC journalists taking part in a 24-hour strike over their disagreement with management over compulsory redundancies. It has been said that the National Union of Journalists was left with no option but to take stern action after they could not reach at some common point over the issue of redeployment of 30 staff members facing compulsory redundancy.
George Entwistle has resigned from his post of Director-General on Saturday night just after serving BBC for over a month. It has been reported that apart from his £877,000 pension, he will be given £450,000 lump sum, which has raised criticism. One of the MPs has claimed the act to be unjustifiable and non-acceptable.
The STV has finally decided to settle its two-year old legal dispute with ITV for £18million. STV will pay £7.2m to ITV this year and a further £10.8m will be due to be paid in December. The STV will either hand over ITV programme rights or cash to resolve the dispute. Discussions on the amount and payment methods are going on between the two parties.
The Financial Newspaper owner, Pearson Plc, has agreed to pay $230 million in cash for the purchase of education- technology company Schoolnet.
New York based Schoolnet Company is serving for more than 5 million students from pre-kindergarten stage to 12th grade in U. S. for boosting their leanings at schools.
A whopping £88 million have been offered to the Pinewood Shepperton by the property giant Peel Holdings for acquisition.
It is the same group that that is responsible for the development of the MediaCityUK, and is one of the most prominent and diversified real estate, transport, and infrastructure companies situated in the United Kingdom.
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