The Scottish Radio Holdings Group (SRH) shelved takeover talks with interested parties today, blaming recent weaknesses in the UK stockmarket.The decision to “temporarily dicontinue” talks followed the conclusion of a strategic review of the company undertaken in conjunction with its advisers Goldman Sachs International.The review highlighted the need to clarify the intentions of Scottish Media… Continue reading Scottish Radio Holdings Shelve Takeover Talks
The ongoing price war between low cost airlines generated a complaint to the ASA recently when BA’s Go Fly Ltd advertised flights to Nice in the national press with the headline “Going to Monaco for the Grand Prix? Don’t pay over the odds.”. A disc below stated “Nice from £65 rtn incl all taxes” and… Continue reading Go Fly Brought Down To Earth By ASA
BSkyB showed a modest rise yesterday of 1.52% following the announcement of its completed acquisition of British Interactive Broadcasting Ltd. Carlton showed a loss of 2.56% with Granada following suit dropping 0.9% to finish at £1.64ź for the day.Bright Station continued to climb, gaining 2.5% to finish at 10źpThe worst performance of the day was… Continue reading Sharewatch
The latest radio audience figures, for the three months to March 2001, showed BBC Radio notching ahead its lead over the commercial sector quarter on quarter. This is a continuation of a trend that began around a year ago when then BBC stations took their share over the 50% mark and commercial dropped back to… Continue reading Feature: BBC Radio Continues To Build Advantage
UK-based telecommunications company, Cable & Wireless, has this morning showed that moves to concentrate on its internet protocol (IP) networks may be starting to be off. Towards the end of 1999, C&W sold its UK consumer cable division – Cable & Wireless Communications (CWC) – to rival cable company NTL. Since then C&W has begun… Continue reading C&W’s Focus On IP Networks Pays Off
Stock in the radio sector is currently in freefall after Scottish Radio said it had ended merger discussions (see Scottish Radio Ends Takeover Talks As SMG Declines To Reveal Its Intentions) and a report in this morning’s Financial Times claimed that Capital Radio will tomorrow issue a profits warning. Shares in these two groups naturally… Continue reading Insight Analysis: Radio Shares Take A Dive
BSkyB has completed the acquisition of British Interactive Broadcasting Holdings (BIB), the company which owns and operates the Open interactive TV service. Sky has bought out BT’s stake in BIB, after the telecommunications company decided to exercise its option to exit the group, following Sky’s acquisition of HSBC and Matsushita’s holdings last week (see City… Continue reading BSkyB Completes Open Acquisition
Scottish Radio Holdings (SRH) this morning said that it has discontinued offer talks for the group, at least ‘for the time being’. The announcement comes as the group completes the Goldman Sachs-led strategic review which began in December last year. In recent months, the Board has been in discussions with a number of parties which… Continue reading Scottish Radio Ends Takeover Talks As SMG Declines To Reveal Its Intentions
The latest radio audience figures, for the three months to March 2001, showed BBC Radio notching ahead its lead over the commercial sector quarter on quarter. This is a continuation of a trend that began around a year ago when then BBC stations took their share over the 50% mark and commercial dropped back to… Continue reading Insight Analysis: BBC Radio Continues To Build Advantage
The divide between the strongest and weakest Internet companies in Europe is widening according to the latest edition of the PricewaterhouseCoopers Internet 150, a rolling quarterly analysis of cash burn rates and share price performances of the top 150 publicly listed European internet companies. The top 25% of companies in the index are, on average,… Continue reading European Internet Market: Divide Grows Between Rich And Poor
