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The financial rescue plans at UK cable company, Telewest Communications, appear to have been snagged by bondholders trying to squeeze a bit more value out of the proposed debt-for-equity swap. The plan is for Telewest’s bondholders to subsume £3.5 billion of the company’s £5.3 billion debt in return for control of around 97% of the… Continue reading Bondholders Push For More In Telewest Debt Swap

Despite the continuing uncertainty in technology markets and disappointing uptake of new mobile data services, the cellular industry has picked itself up and shown renewed signs of growth in the past year. This upward trend is set to prevail during 2003 but following a sector-wide reality check, operators have been forced to lower their long-term… Continue reading INSIGHTanalysis: Mobile Sector Seeks To Maintain Growth

The UK’s terrestrial TV channels saw their combined revenues increase by 6.1% year on year during April, as the conclusion of the war in Iraq signalled and end to extended news programming and a return to normal scheduling.It was relative new kid on the terrestrial block, Five, which experienced the biggest year on year increase.… Continue reading TV Market Round-Up – April 2003

Digital terrestrial TV service, Freeview, is helping to convert more and more people from analogue to digital, with new figures showing that the service is now available in 1.6 million households. Research commissioned by the BBC and Dixons shows that Freeview has sold over 800,000 adapters since its launch in October, bringing the total number… Continue reading Freeview Hits 1.6m Box Sales

Freeview is helping to convince large numbers of refuseniks to join the digital revolution, with new figures showing the service is now available in as many as 1.6 million households.Research commissioned by the BBC and Dixons shows that the digital terrestrial service has sold over 800,000 adapters since its launch in October (see BBC Revives… Continue reading Freeview Convinces Sceptics To Join Digital Revolution

ITV2 achieved its highest ever monthly audience share in May to become the second most popular non-terrestrial channel behind Sky One.The latest data shows that ITV2 took a 2.16% share of all viewing in multi-channel homes last month, overtaking E4, UK Gold and the recently launched BBC3 to cement its position as one of the… Continue reading ITV2 Turns Up Heat On Competition During May

The Competition Commission may delay its report to the Government on the proposed £2.6 billion merger of Carlton and Granada in order to further consult advertisers and rival broadcasters.The Commission was due to report the findings of its enquiry into the creation of a single ITV and suggest its recommended remedies for competition concerns to… Continue reading Competition Commission May Delay ITV Merger Verdict

Global newspaper circulation witnessed its first decline in five years during 2002, down slightly by 0.4% on 2001, according to the World Press Trends report just published by the World Association Of Newspapers (WAN).Also On MediaTel Insight Today…US Investor Linked With ITV AcquisitionThere could be a fresh twist in the ongoing ITV merger saga with… Continue reading MediaTel Insight: Newspaper Sales Dip

Week on week analysis of the media sector reveals a fall of 3.45% for Cordiant Communications, which has been in crisis after losing one of its key clients (see Cordiant Bounces Back As Short-Term Funding Is Agreed). However, things could be looking up for the troubled advertising group, which is today expected to announce that… Continue reading Sharewatch: Cordiant Down But Talks To Begin With WPP

Month on month analysis of the latest ABC circulation figures for May reveals a mixed picture of the national newspaper market, as consumers appeared to turn their back on newspapers following the climax of the conflict in Iraq.Last month’s big story was the Daily Mirror, which experienced the most significant actual increase in circulation. The… Continue reading ABC National Newspaper Round-Up – May 2003