More Industry News articles

Comcast has won the battle to merge with AT&T, to create the US’ largest broadband cable provider. The deal, announced last night, ends months of negotiations and sees Comcast emerge victorious over rival bidder AOL Time Warner. The deal is valued at around $7.2 billion, according to reports, and the Comcast AT&T group will reach… Continue reading Comcast And AT&T Finally Seal Merger

Look out for NewsLine’s end of year news round-ups on New Media and Ambient/Outdoor on tomorrow, when we return on 2 January 2002, Cinema and a media financial round-up from MediaTel Insight.JanuaryThe Radio Authority published its new Advertising and Sponsorship Code to bring it up-to-date with current or imminent legislation. This was the first major… Continue reading End Of Year News Round-Up: Radio

French media group Vivendi Universal (VU) has reached an agreement to buy the Italian pay-TV platform, Stream, from News Corp, according to a report in the Financial Times. The paper reports that VU will pay $390 million for the business. In principle, Stream will be merged with Vivendi’s Telepiu business, although the Italian regulation authorities… Continue reading Vivendi To Buy News Corp’s Stream In Italy, Says FT

BSkyB, faced with the prospect of being sued for anti-competitive behaviour (see OFT Proposes Ruling Against BSkyB) saw shares slip again yesterday, ending down 13p at £7.32. One of the companies which may bring action against Sky, Telewest also saw a reduction in share price during yesterday’s trading, slipping 3¾p or 5.8% to end at… Continue reading Sharewatch

Look out for NewsLine’s end of year news round-ups on New Media and Ambient/Outdoor on tomorrow, when we return on 2 January 2002, Cinema and a media financial round-up from MediaTel Insight.JanuaryThe year began badly for Future, which issued its second profits warning in three months and saw its share price begin the year in… Continue reading End Of Year News Round-Up: Magazines

BSkyB has been awarded the multimillion pound contract to produce the successor to Channel 4’s flagship breakfast programme, The Big Breakfast.The initial contract runs for a year and BSkyB will produce the as yet unnamed programme, which will occupy the same 7am to 9am slot as the Big Breakfast, in partnership with Princess Productions.Sharon Powers,… Continue reading BSkyB To Serve Up Next Big Breakfast

Sales of IP telephones – telephones that transfer voice and data via the internet – grew by 111% in Europe year on year in 2001, according to research published this month by IDC. The report shows that there was a push in IP (internet protocol) enabled phones in the latter part of 2000. IDC forecasts… Continue reading IP Telephone Market Set For 108% Sales Growth 2000-2005

The ASA has given The National Rail Network the green light and has dismissed complaints that an advertising campaign promoting a “fast and frequent” rail service was “misleading”.Complainants objected to poster and national press adverts, which stated: “All Britain’s rail companies are working together to return you to fast and frequent services across the rail… Continue reading ASA Greenlights National Rail Network

Publishing company, Highbury House Communications, says that it has experienced a slowdown in advertising revenues in the final quarter, after earlier indications were that revenues were running at ‘acceptable’ levels. Both advertising and newsstand revenues have been softer following the events of 11 September, according the company’s trading statement released today. As a result, profit… Continue reading B2B Slump Catches Up With Highbury House

Pearson saw shares fall 4.96% yesterday to close at £7.66 after warning analysts that revenues at the Financial Times Group would be flat in 2002 (see Pearson Warns On Profits).BSkyB, which now faces the prospect of being sued by its rivals (see BSkyB Could Face Legal Action From Rivals), after the Office of Fair Trading… Continue reading Sharewatch