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Telegraph Media Group suffered a pre-tax loss of £8.8m in 2006, according to results filed with Companies House. The group’s operating profits after one-off items were left at £10.8m, up from a loss of £12.1m in 2005. These are the second accounts for a full year’s trading since the Telegraph was acquired by Sir David… Continue reading Pre-Tax Loss For Telegraph Media Group

ITV has made a submission to the Competition Commission arguing that BSkyB should be made to divest its 17.9% stake to address issues of “material influence”.The broadcaster’s submission is part of an ongoing consultation which is due to be completed by early December when the Commission hands over a full report to the secretary of… Continue reading ITV Wants Total Divestment Of Sky Stake

Virgin Media has announced operating income of £47m for the third quarter of 2007, up from £3m in the second quarter. However, the results show that the group’s operating income experienced a year on year loss of £9.6m. Virgin Media’s total revenue was £1bn, up from £995m in Q2, although down slightly year on year.… Continue reading Virgin Media Enjoys Operating Profit Rise

Iceland has been confirmed as the sponsor for the seventh series of I’m A Celebrity – Get Me Out Of Here!.The fully integrated deal – the second year running Iceland has sponsored the show – includes broadcast sponsorship on ITV1 and ITV2, interactive, mobile, online, off-screen licensing as well as on air marketing.I’m A Celebrity… Continue reading Iceland Continues I’m A Celebrity Sponsorship

JCDecaux has announced a 9% year on year increase in revenues for the nine months ended 30 September 2007, €1,506.9 million compared. Excluding acquisitions and the impact of foreign exchange, organic revenues rose by 8.6% for the first nine months of 2007. In the third quarter, revenues increased by 11.8% to €487.9 million. Excluding acquisitions… Continue reading JCDecaux Announces 9% Revenue Increase

Virgin Media added 13,000 customer net additions in the third quarter, following a loss of 70,300 in the second quarter.The company put the Q2 loss down to the company’s dispute with Sky over carriage of the broadcaster’s basic channels package (see Virgin Media And Sky: The Story So Far).Broadband net additions in the quarter were… Continue reading Virgin Media Adds 13,000 Customers in Q3

ITV’s submission to the Competition Commission asks that BSkyB is forced to dispose of its entire 17.9% stake, as it gives the satellite broadcaster a “material influence” in ITV’s plans for future investments. According to ITV’s submission, the “only remedy” to the problem of Sky’s influence over its own decisions on future investments is the… Continue reading ITV Wants Sky To Dispose Of Its 17.9% Stake

About one quarter of households in the US have at least one television set capable of receiving high definition programming (HDTV) – essentially double the penetration of HDTV two years ago, according to new consumer research from Leichtman Research Group (LRG). However, LRG found that consumer confusion related to high definition programming and products remains… Continue reading Rapid Growth Of US HDTV Continues

Orange is to launch its IPTV service before the end of the year, with plans to offer a hybrid VoD and Freeview package.Tim Pearson, director of IPTV at Orange UK, told Media Week that with the IPTV platform coming on stream, the company is looking at offering clients the ability to run campaigns across its… Continue reading Orange To Launch IPTV Service This Year

Pearson, publisher of the Financial Times, has signed an agreement to sell its French newspaper Les Echos to LVMH. Staff at the paper had opposed the €240m (£167m) cash deal, arguing that there were inadequate guarantees of editorial independence. There were also concerns that Bernard Arnault’s ownership of LVMH could create conflicts of interest for… Continue reading Pearson Agrees To Sell French Newspaper