Magazine publisher Highbury House Communications has requested that trading in its shares be suspended following the termination of talks to secure refinancing of its existing debts with investors. The company said that continuing discussions were taking place, and that the vast majority of lenders “continue to be supportive.” However, in a statement to the City… Continue reading Highbury House Shares Suspended As Restructuring Talks Continue

Satellite giant BSkyB has no plans to enter the mobile market, the company’s chief financial officer has revealed, with the company seemingly untroubled by cable rival NTL’s ambitions for ‘quadruple play’ services of TV, phone, internet and mobile.Speaking at a conference in New York, Jeremy Darroch, chief financial officer at BSkyB, claimed: “We don’t feel… Continue reading BSkyB Untroubled By NTL’s Mobile Ambitions

New figures from media watchdog Ofcom have revealed 65.9% of UK households watching digital television, up from 63.0% in the previous quarter.According to Ofcom’s figures, the total number of households viewing digital television grew by more than 760,000 year on year to almost 16.5 million. In total there are now more than 6.3 million free-to-view… Continue reading Ofcom Estimates Show 65.9% Of Britain With Digital TV

Internet advertising spend will represent 10% of total American ad dollars by 2010, doubling from 5% last year to grow at an annual rate of 14% over the next five years, according to a new report from Parks Associates.The report, entitled “The Changing Face of Advertising in the Digital Age,” cites data from the firm’s… Continue reading Research Shows Online Ads To Double In Five Years

Internet advertising spend will represent 10% of total American ad dollars by 2010, doubling from 5% last year to grow at an annual rate of 14% over the next five years, according to a new report from Parks Associates. The report, entitled “The Changing Face of Advertising in the Digital Age,” cites data from the… Continue reading Research Shows Online Ads To Double In Five Years

New figures from media watchdog Ofcom have revealed 65.9% of UK households watching digital television, up from 63.0% in the previous quarter. According to Ofcom’s figures, the total number of households viewing digital television grew by more than 760,000 year on year to almost 16.5 million. In total there are now more than 6.3 million… Continue reading Ofcom Estimates Show 65.9% Of Britain With Digital TV

SMG released a trading update this morning, reporting that it will perform broadly in line with analysts’ forecasts for 2005. The group expects to perform well, despite soft advertising markets in the second half of 2005, with the company’s Scottish TV and Grampian TV expected to outperform the ITV Network for the year as a… Continue reading SMG Sees Business On Target For End Of Year

NTL’s plans to create a ‘quadruple play’ business with the acquisition of Virgin Mobile have hit a stumbling block, as Virgin’s board rejected an £817 million bid, despite the deal having majority shareholder Sir Richard Branson’s backing. Virgin’s board opposed NTL’s offer, claiming that it undervalued the business, although press speculation this morning suggests that… Continue reading Virgin Mobile Backs Away From NTL Deal

Telecoms giant BT has announced the first content deals for its forthcoming IPTV service, signing up BBC Worldwide, Paramount and Warner Music Group to provide customers with films and TV programmes via their broadband connections.The agreements precede the service’s launch next Autumn, allowing BT customers access to a range of on-demand film, music and television… Continue reading BT Signs First Content Deals For IPTV Service

Daily Mail and General Trust (DMGT) has tabled a bid for online content firm Fastcrop, seeking to widen its online portfolio with the company’s primelocation.com residential property website.Primelocation is one of the UK’s leading websites for estate agents wishing to advertise properties online, as well as for listings of properties located abroad.DMGT’s bid totals £48… Continue reading DMGT Widens Portfolio With Property Bid