Carlton Communications shareholders have formally approved the sale of Technicolor to Thomson multimedia at an Extraordinary General Meeting held this morning. The terms of the disposal value Technicolor at $2.03 billion (£1.41 billion). The sale has received French, EU and US regulatory approval and is expected to be completed on 16 March 2001.

The Wellbeing Network, a joint venture TV channel produced by Granada Media and highstreet pharmacy Boots, is to launch on Wednesday 14 March on the Sky Digital and ONdigital platforms. The venture, which has received an £18m investment from the two companies will initially consist of the channel, broadcasting between 9am and 9pm daily, and… Continue reading Granada Media And Boots Prepare For Wellbeing Network Launch

Reports in the press over the past couple of days suggest that PA Sporting Life may be put on the market by its owners, the Press Association and Trinity Mirror. The price is rumoured to be somewhere in the region of £25 million and would include the subsidiary site totalbet.com, the online betting site 50%… Continue reading PA And Trinity Mirror Propose Sale Of Sportinglife.com

Radio First has entered a five-year broadcasting deal with BSkyB, it has been confirmed this morning. The arrangement will see Radio First’s network of football club-related digital radio stations broadcast, regionally, via Sky Digital. Shares in Radio First were suspended on Friday pending the announcement (see Radio First Suspends Shares Ahead Of Major Agreement). Radio… Continue reading Radio First Confirms 5-Year Deal With BSkyB

US consumer and business magazines advertising volumes fell by almost 10% during February, according to analysis of data from the Publishers Information Bureau by ABN Amro. Whilst ad pages dropped by 9.7% to 18.6 million, revenues were fairly flat at £1.2 billion, down 0.3% year on year. Media, retail, automotive and technology advertising were weak,… Continue reading US Mag Advertising Drops 10% In February

According to a new report by Fletcher, “Online Advertising Grows Up”, by 2004 internet companies will contribute around 10% of the top 10,000 companies’ advertising spend in the UK, around £750 million. Approximately half of this Net spending will go on TV, press and outdoor campaigns, as currently used by such companies as Shopsmart, lastminute… Continue reading UK Dot Com Adspend Set To Rise

According to a new report by Fletcher, “Online Advertising Grows Up”, by 2004 internet companies will contribute around 10% of the top 10,000 companies’ advertising spend in the UK, around £750 million. Approximately half of this Net spending will go on TV, press and outdoor campaigns, as currently used by such companies as Shopsmart, lastminute… Continue reading UK Dot Com Adspend Set To Rise

According to a new report by Forrester Research the UK online leisure travel market will grow from just £592 million in 2000 to upwards of £3.7 billion in 2005, representing 14% of total leisure travel sales in 2005. The report also indicates that suppliers will need to refine their services more in order to cater… Continue reading UK Online Leisure Travel Industry Will Be Worth

According to new research from Jupiter Media Metrix the number of U.S. wireless Web users will increase from 4.1 million in 2000 to 96 million in 2005. However, analysts at Jupiter warn that the industry must work around a number of problems which currently inhibit growth including bandwidth limitations, multiple service platforms and numerous competing… Continue reading US Wireless Web Users Will Number 96 Million By 2005

According to a recent survey by the Office of the Director of Telecommunications Regulation (ODTR), 27% of Irish people now have home Internet access. Although this figure is relatively low compared with other European countries, the survey also found that 41% of these users are under 25, suggesting high potential growth for the future and… Continue reading 27% Of Irish Population Now Online