More Industry News articles

The refinancing and debt reduction plans of telecommunications company NTL are thought to be progressing well, with details of a structure set to be announced within weeks, according to a report on today’s Financial Times website. NTL has appointed Credit Suisse First Boston, JPMorgan and Morgan Stanley to advise on a recapitalisation structure and reduction… Continue reading NTL May Take Temporary Bankruptcy As Refinancing Is Finalised

Telewest is aiming to cash in on the uncertainty facing ITV Digital (see Administration For ITV Digital Confirmed) by offering the administration-bound platform’s customers the chance to sign up for its broadband services.The company has set up a free hotline for ITV Digital customers, suggesting that they should sign up to its TV, phone and… Continue reading Telewest Homes In On ITV Digital Customers

United Pan-Europe Communications (UPC) has today announced that the release of full-year results for 2001 will be delayed by a further two weeks in order to finalise “the appropriate accounting treatment of certain interest rate cross currency hedging agreements in the wake of UPCÂ’s default on its public debt on March 3rd 2002” The Dutch… Continue reading UPC Results Delayed

ISBA has warned that the closure of ITV Digital could have long-term damaging effects on advertisers unless the Government takes action to prevent BSkyB gaining a monopoly in digital broadcasting.ITV Digital went into administration last week after talks to resolve an ongoing dispute with the Football League over TV rights collapsed (see Administration For ITV… Continue reading ISBA Warns Of Digital Monopoly

Pace Micro Technology has launched its new low-cost digital receiver allowing UK viewers to switch to digital TV without having to subscribe to digital platforms such as Sky or the beleaguered ITV Digital.The digital adapter, which is available for under £100, allows viewers to access up to 14 free-to-air channels and is being hailed as… Continue reading Pace Of Digital TV Increases

Internet advertising is increasing, according to the latest research from LemonAd, which shows that the number of websites being used by the UK’s top ten online advertisers grew by 24% during March.The research shows that computer manufacturer Dell ran the most online ad campaigns during March, followed by Freeserve, which used over 50 sites to… Continue reading Growth Continues For Online Advertising

By 2006, entertainment on the mobile phone will generate 10p per subscriber per day according PPAi. In addition, 25% of all mobile subscribers in Europe will receive advertising. Pure information services, such as news and stock quotes, are expected to generate two pence per subscriber per day. Horoscopes, cartoons, soap opera updates and screen savers… Continue reading Mobile Phone ‘Entertainment’ Will Generate 10p Per User Per Day By 2006

Maiden Group this morning released full year results for 2002 revealing a decline in underlying sales although the company still outperformed the outdoor market.Outdoor sales revenue was £80.3 million, a slight increase on 2000 totals of £80.2 million. Underlying outdoor sales were down 0.8%, compared to decline in outdoor market of 2.8%. Maiden said that… Continue reading Maiden Anticipates ‘Gradual And Measured’ Recovery In 2002

Culture Secretary Tessa Jowell has urged ITV Digital to continue negotiations with the Football League after the troubled digital TV platform was put into administration yesterday (see Administration For ITV Digital Confirmed).The League is threatening to sue ITV Digital’s joint owners, Carlton and Granada, for £500m to cover the outstanding £178m that the company owes… Continue reading Jowell Urges ITV Digital To Continue Talks

Scottish Radio Holdings (SRH) has released a trading update prior to the end of its half year on 31 March. The company indicated that while a decrease in group revenues is expected, its focus on local media has protected it from the full force of the media downturn.SRH’s revenue is expected to show a decrease… Continue reading SRH Expects 3% Decrease In Interim Revenues