2 june - Latest News

Clinton Wins Puerto Rico but Obama Gains Delegates

Hillary Rodham Clinton won a lopsided, but largely symbolic victory Sunday in Puerto Rico's presidential primary, the final act in a weekend of tumult that pushed Barack Obama tantalizingly close to the Democratic presidential nomination.

The former first lady was winning roughly two-thirds of the votes as she continued a strong run through the late primaries.

Before cheering supporters, she predicted she would have more combined votes than her rival when the primaries end Tuesday night, claimed victories in key swing states and said that no contender will command enough delegates to claim the nomination.

"In the final assessment I ask you to consider these questions. Which candidate best represents the will of the people who voted in this historic election?" she said in an appeal to some 200 uncommitted superdelegates who hold the balance of power in the fight for the nomination.

and more..
Clinton popular across board in Puerto Rico win
CNN analysts: What's next for Clinton?
Dems' delegate dilemma over; debate continues
Ticker: Clinton shows signs of pressing on
Lander reaches out, touches Mars

Virgin Radio Sold To Times of India Publisher For $106 Million

Indian media company Bennett, Coleman & Co, owner of Times of India newspaper, has made its biggest international buy: it has bought out UK's Virgin Radia about $106 million. SMG, the Scottish broadcaster, owner of Virgin Radio (it bought the company in 2000), sold the national AM licence and FM London licence to TIML Golden Square, a subsidiary of Bennett Coleman, and Absolute Radio, an Irisg radio investor and consultancy, reports FT. is B&C's first international acquisition and its first step towards an ambitious vision of creating a new music entertainment brand for the UK, the story says. This deal may also be one of the largest ever done by an Indian media company outside of India.

But, the brand name will not be part of the sale, as Richard Branson-owned Virgin Group objected to it. Bennett Coleman competes with the Hindustan Times group, with which Virgin Group has a joint venture in India. So, TIML and Absolute will invest about $30 million in rebranding the station, and will use as the multi-format and multiplatform service, with an online music subscription service, online video and mobile apps. History of Virgin Radio is here.

The buyers can use the Virgin brand name for 90 days, but will have to give it up after that. It will cost them an extra $16 million if they decide to licence that brand name within the next two years. Bennett Coleman's media assets include The Times of India, the world's largest-circulation English language daily newspaper, and channels Times Now and Zoom. It also runs a radio business under the Radio Mirchi brand.

Robert adds: Virgin Radio is commonly held to be the first radio station in Europe to broadcast on the internet, a feat it pulled off in 1996, and operates a strong multiplatform approach. It was prowess shaped under digital media director James Cridland. But, as SMG's fortunes spiralled, Cridland left for the BBC last year