Chancellor of the Exchequer, Gordon Brown, stood up at 12:34pm to reveal his tax and spending plans for the next year. Key points of the 2006 Budget are as follows…Inflation is at 2%, down from 2.5% last quarter. This is on target.Inflation target met every year since 1997, targets expected to be met going forward.Economic… Continue reading Budget 2006 Coverage – The Chancellor’s Speech Live

ITV has confirmed today’s rumoured approach by a consortium of investors, but rejected the move, claiming that it would not be in the interests of shareholders.The approach, made by Apax Partners, The Blackstone Group and Goldman Sachs’ Principal Investment Area was first revealed by the Telegraph. The newspaper speculated that former BBC director general Greg… Continue reading ITV Confirms But Rejects Takeover Approach

Reports this morning claim commercial giant ITV has received an approach from a consortium of investors willing to pump £1.5 billion into the firm, effectively gaining control of the broadcaster.A report in today’s Telegraph claims the approach by Goldman Sachs Capital Partners and Apax Partners would see ITV “gear itself up,” returning around three quarters… Continue reading Rumours Fly Over Fresh ITV Takeover Approach

Independent News & Media has reported record results in 2005, enjoying a year on year increase in revenue of 7.5%, reaching €1,611.1, up from €1,499.2 a year earlier. Advertising and circulation were up by 10.7% year on year and 6.4%, respectively, benefiting from a combination of enhanced yield/price and higher volume on core products. All… Continue reading Independent News & Media Enjoys 7.4% Increase In Revenue In 2005

Reports this morning claim ITV has received an approach from a consortium of investors willing to put £1.5 billion into the firm, effectively gaining control of the broadcaster. A report in this morning’s Telegraph claims the approach by Goldman Sachs Capital Partners and Apax Partners would see ITV “gear itself up,” returning around three quarters… Continue reading ITV Receives Take-Over Bid

Reports this morning claim ITV has received an approach from a consortium of investors willing to put £1.5 billion into the firm, effectively gaining control of the broadcaster. A report in this morning’s Telegraph claims the approach by Goldman Sachs Capital Partners and Apax Partners would see ITV “gear itself up,” returning around three quarters… Continue reading ITV Rejects Take-Over Bid

Personal video recorder (PVR) subscribers are forecast to reach 34 million by 2010, up from an estimated 11.4 million at the end of 2005. According Magna Global, PVR subscriptions will reach 17.4 million at the end of 2006, with the interpublic group claiming that currently, PVRs are present in 11.7% of TV households in the… Continue reading PVR Subscribers To Reach 34 Million By 2010

The top broadband providers in the US accounted for over 42.8 million high-speed internet subscribers in 2005, with cable broadband providers now having a 57% share of the overall market. According to a new report from Leichtman Research Group, cable accounted for over 24.5 million high-speed internet connections, compared to 18.5 million for digital subscriber… Continue reading Broadband Accounts For Over 42 Million US Internet Connections

Video-on-Demand (VoD) is expected to reach 66 million US households by the end of 2010, according to revised predictions from Magna Global. Magna reveals that VoD enjoyed a 21% penetration rate at the end of 2005, with advertising revenues for the medium estimated to be around $50 million across the industry in the US. Despite… Continue reading VoD To Reach 66 Million US Households By 2010

BT has revealed that its national next generation TV service will be called BT Vision, with the world first service launching in the Autumn.BT Vision combines digital TV with on-demand film, TV and music programming, as well as interactive services, with customers able to choose from a wide range of services, as well as a… Continue reading BT Unveils Next Generation TV Service