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ITV has rejected the second bid by Greg Dyke’s investment consortium, stating that the offer does not represent a good deal for current share holders. The revised bid was submitted to the ITV board last night, but met with unanimous rejection as the broadcaster’s management stated: “At over 7 times 2005 EBITDA, the board considered… Continue reading ITV Rejects Second Bid By Dyke Consortium

ITV has rejected the second bid by Greg Dyke’s investment consortium, stating that the offer does not represent a good deal for current share holders. The consortium will not make a third approach, it confirmed this morning.The revised bid was submitted to the ITV board last night, but met with unanimous rejection as the broadcaster’s… Continue reading ITV Rejects Second Bid By Defeated Dyke Consortium

French entrepreneur and Havas chief executive, Vincent Bollore, has re-ignited speculation over his intentions toward British advertising group, Aegis. Speaking at a press conference the advertising boss, and chairman of Groupe Bollore, stated that “all options are open. We could strengthen our stake in Aegis,” hinting at an increase of his existing 25.5% share in… Continue reading Bollore Hints At Further Investment In Aegis

ITV has received a second bid from the investment consortium which approached the company last week, offering a cash alternative of 40p per share on top of the 86p in cash originally offered.The initial proposal was rejected by ITV last week, dashing the hopes of Apax Partners, Blackstone and Goldman Sachs, which had sought to… Continue reading ITV Considers Second Bid With Added Cash Sweetener

New research from GfK NOP has revealed a massive market for web-based television services in the UK, with one in three broadband users claiming to be interested in the technology. Almost one in three (32%) of UK broadband users state that they would be interested in a library of downloadable TV programming and films. This… Continue reading Research Shows Massive Market For Web TV

Sky has released preliminary usage figures for its broadband TV service, Sky By Broadband, unveiling impressive adoption figures for its first three months. More than 125,000 users have registered for the service, which enables subscribers to download films and sporting highlights direct to their PC. The system works in a similar way to the BBC’s… Continue reading Sky Sees Strong Uptake For Broadband TV Service

TV marketing body Thinkbox has appointed Tess Alps as its first CEO, dashing press predictions this morning that BT’s head of media, Steve Huddleston, had scooped the top job.Following her appointment Alps, currently chairman of the PHD Group in the UK, will work closely with Channel 4, Five, GMTV, IDS, ITV, Sky, Turner and Viacom… Continue reading Thinkbox Spurns Speculation To Appoint Alps First CEO

South Korea is coming to the end of its broadband reign, with new figures from Point Topic showing that Denmark and the Netherlands are very close to catching up in terms of broadband lines per 100 population. Despite showing negligible broadband growth in 2005, South Korea still has over 25% penetration of broadband by population.… Continue reading South Korea Predicted To Lose Broadband Crown

Reports this morning suggest BT’s head of media, Steve Huddleston, has been invited to become the first chief executive of TV marketing body Thinkbox, marking growing acceptance of BT as a player in the television industry.The move would conclude a lengthy search for a chief executive, which has been part of Thinkbox’s roadmap for several… Continue reading BT Media Boss Approached For Thinkbox CEO Post

Speaking at last week’s MRG Question Time, held in association with MediaTel Group, the panel welcomed the IPA’s TouchPoints Research, looking forward to seeing how the initiative will affect the advertising industry.The panel claimed that the IPA initiative will give a much needed consumer centric measurement system. Manfred Mareck, from Research Marketing Ltd, said the… Continue reading Media Researchers Give TouchPoints Warm Welcome