More Industry News articles

Shares in satellite broadcaster BSkyB were shaken yesterday by speculation that european media giant Vivendi Universal was seeking to sell its 23% stake in the company to institutional investors. Shares began the day’s trading at £7.16½, but as the speculation appeared across the media, shares dipped, dropping below the £7 mark by late morning. By… Continue reading Sky Shares Shaken By Vivendi Stake Sale Speculation

Shares in satellite broadcaster BSkyB were shaken yesterday by speculation that european media giant Vivendi Universal was seeking to sell its 23% stake in the company to institutional investors.Shares began the day’s trading at £7.16½, but as the speculation appeared across the media, shares dipped, dropping below the £7 mark by late morning.By the afternoon… Continue reading Sky Shares Shaken By Vivendi Stake Sale Speculation

Cable operator Telewest Communications released its first quarter results this morning which fell in line with expectations. Pre-tax losses grew from £137 million to £209 million, whilst operating profits rose by 34% to £321 million. These figures fall in line with analysts’ predictions and reflected aquisitions and merger activity initiated by Telewest in the past… Continue reading Telewest Losses Belie Success In Q1 Results

Shares in BSkyB were affected by speculation that Vivendi was looking to sell its stake in the company(see Sky Shares Shaken By Vivendi Stake Sale Speculation). The drop by the end of the day may have been less than 2%, but this brought shares to their lowest price since November 1999.There was better news at… Continue reading Sharewatch

UK advertising group TDI and its sister operations in Europe are to re-launch under a new corporate identity as Viacom Outdoor.The group, which became part of the Viacom media and entertainment consortium last year, will re-brand on July 1 with offices throughout the UK, France, Italy, Spain, Holland and Ireland taking on the new company… Continue reading TDI To Re-brand As Viacom Outdoor

As the election media circus prepared to enter its final week, some parties were already declaring themselves winners. Sky News was one of these, as it claims BARB figures show that its election coverage has helped to increase its share in multichannel homes from 0.44% to 0.46%, while both BBC News 24 and the ITN… Continue reading UK Media Makes Ready For Final Election Week

Highbrow healthstyle magazine Bare is said to be set for closure unless publishers John Brown can find a buyer for it by the end of this week.The title, which comes out every two months, was launched in August last year (see First Issue Review: Bare- ‘Wealthstyle’ from John Brown Publishing), aimed at a higher-spending, older… Continue reading John Brown’s Bare May Close Unless Buyer Found

After the resignation of EMAP chief executive Kevin Hand last week and the company’s ill-fated US investment (see Emap Chief Executive Resigns) the group nevertheless managed a modest rise of 1.80% to close at £8.20, an increase of 14.5p on the previous week.Week on week analysis saw Bright Station take a 14.29% dive with shares… Continue reading Sharewatch

Outdoor advertising bookings for May have dropped significantly year on year according to the latest figures released by Concord. Downturn in the US advertising market, prolonged election uncertainty and the foot and mouth epidemic have been the primary causes.The industry wide lull is expected to continue into June, with both rates and volume of booking… Continue reading May’s Outdoor Bookings Down On Last Year

Carlton Communications and BT have held discussions about a possible media alliance, according to a report in the Financial Times newspaper. It says that BT would benefit from Carlton’s content as one of the two main ITV companies and Carlton in turn would be able to gain access to BT’s broadband networks. An alliance could… Continue reading BT And Carlton Reported To Be In Alliance Talks