The Television Corporation has announced the sale of its sports broadcasting arm Visions, to US producer of mobile production facilities large video screens and television studios, NEP for £16.8 million. Over 2004 Visions has generated £14.4 million in revenues and £800,000 in profits from providing facilities for sports events, such as racing and cricket on… Continue reading TV Corp Sells Sports Arm

The MediaTelInsight team would like to wish you a very merry Christmas and a profitable New Year. Insight will close from 1pm this afternoon until 9am on the 4th of January 2005.

As the year draws to a close, December saw the advertising industry’s most credible prognosticators revising their forecasts for 2004, and offering their predictions for the outlook of 2005. First to be released were Zenith Optimedia’s global forecasts, which signalled that advertising expenditure was on target to reach $370 billion for the year, beating previous… Continue reading INSIGHTanalysis: Media Healthcheck – December 2004

The MediaTelInsight team would like to wish you a very merry Christmas and a profitable New Year. Insight will close from 1pm this afternoon until 9am on the 4th of January 2005.

Ulster Television has announced the acquisition of LMFM, a local radio station in the Republic of Ireland, for almost £7 million, expanding its radio portfolio to encompass Drogheda in County Louth.An application for approval of the acquisition has been submitted to the Competition Authority, with a response expected in January 2005.LMFM operates as an independent… Continue reading UTV Boosts Radio Portfolio With LMFM Acquisition

UK publishing group, United Business Media (UBM) announced yesterday its plans to voluntarily cut its US share listing, to take effect at the close of trading on 22 March 2005. The decision comes amidst weak trading in North America, and will see the company de-list from the Nasdaq national market and terminate its American Depositary… Continue reading UBM Cuts US Share Listing

ITV franchise, Ulster TV has announced the acquisition of LMFM, a local radio station in the Republic of Ireland, for almost £7 million. This will see the company radio portfolio increase to include Drogheda in County Louth. Ulster TV enjoyed a strong financial performance in 2004 with pre-tax profits for the first six months of… Continue reading Ulster TV Expands Radio Portfolio With LMFM

The latest analysis of the World Broadband market indicates that broadband subscriptions have risen by 53% year on year to reach 136.4 million by 30 September 2004, an increase of 47 million lines in real terms. If growth rates continue at the current rate, worldwide broadband subscribers will exceed 150 million before the end of… Continue reading Worldwide Broadband Lines Exceed 150 Million

Independent News and Media has revealed a strong performance during 2004, with the company seemingly unfazed by rival the Times‘ decision to compete on a totally-tabloid basis earlier this year.In a pre-close trading statement issued today the company predicted a successful 2005, announcing that overall group circulation revenues are expected to be up 10% year… Continue reading Independent Profits Rising Despite Times Competition

Media communication and market research group Aegis Group Plc has today announced, in their pre-close trading statement, a positive performance in 2004 and a strong outlook for 2005, resulting in a share price increase of 3.23%, to close at 103.75p in yesterday’s market. The Group had a successful past 11 months and the Board is… Continue reading Strong 2004 And Future For Aegis