Pearson announced interim results yesterday and revealed plans to acquire the US’ National Computer Systems (see Pearson Buys NCS, Reports Pre-Tax Profits Of £123m). This is to be funded by a £1.7bn rights issue, news of which caused shares in the company to fall by more than 9% by end of trading yesterday, dropping £1.82… Continue reading Sharewatch
News International (NI) is thought to have broken up its new media division, News Network, handing control of the online editions of the Sun, News of the World, Page3.com, the Times and the Sunday Times back to the individual newspapers and shedding dozens of staff, mainly from auction site FiredUp.com.Speculation in the press said that… Continue reading News International’s New Media Section Disbanded
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Pearson, which owns the Financial Times Group and whose television division recently merged with CLT-Ufa to create RTL (see RTL Lists On Stock Exchange With Value Of £16.6bn), reports its financial results for the six months ended 30 June.Tuesday ITN launches… Continue reading The Week Ahead
The most dramatic media news story of last week produced some of the most dramatic share performances on Friday. As the future of ITV became clearer with Granada Media’s takeover deal for United News & Media (UNM) on Friday (see Granada Takes Control Of ITV), Granada share prices jumped 30p to £6.15, putting it amongst… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Pearson, which owns the Financial Times Group and whose television division recently merged with CLT-Ufa to create RTL (see RTL Lists On Stock Exchange With Value Of £16.6bn), reports its financial results for the six months ended 30 June.Tuesday ITN launches… Continue reading The Week Ahead
Pearson Plc announced today that it is to acquire National Computer Systems, the American commercial testing and educational services company in a deal worth $2.5bn. Reporting its six-month financial results today, the group said it will combine NCS with Pearson Education to create the world’s leading integrated educational company.The deal will be financed by the… Continue reading Pearson Buys NCS, Reports Pre-Tax Profits Of £123m
Maiden Group has announced the acquisition of poster contractor CP Posters Advertising for £7.7m. The group focuses on large format posters and has estates in the valuable London and Meridian TV areas.Maiden has marketed some of the group’s sites since 1996 and this acquisition will vastly increase its 48- and 96-sheet estates. CP Posters owns… Continue reading Maiden Group Buys CP Posters Advertising
Digital Light Processing (DLP) technology is being used for the first time in the UK. An entire cinema programme, including adverts for Royal Navy recruitment, Cadbury’s, Guinness and Nike, along with action film The Perfect Storm, is being shown digitally this week at London’s Warner Village West End and the Birmingham Star City.The adverts, screened… Continue reading Is This The Final Reel For 35mm As Digital Cinema Enters The Frame?
Digital Light Processing (DLP) technology is being used for the first time in the UK. An entire cinema programme, including adverts for Royal Navy recruitment, Cadbury’s, Guinness and Nike, along with action film The Perfect Storm, is being shown digitally this week at London’s Warner Village West End and the Birmingham Star City.The adverts, screened… Continue reading Is This The Final Reel For 35mm As Digital Cinema Enters The Frame?
Virgin Group and cable operator NTL are close to agreeing a deal which will see the break up of Virgin.net, their joint ISP venture valued at £240m. NTL, according to recent reports, will take control of Virgin.net’s 560,000 dial-up internet customers while Virgin will own and operate the entertainment and leisure portal.The deal is likely… Continue reading NTL And Virgin To Split Virgin.net
