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
BSkyB is to apply to the Independent Television Commission (ITC) today for status as a nominated news provider. This would enable the satellite broadcasters’ news service, Sky News, to vie for the ITV news provider contract when it goes up for renewal in two year’s time.The heat of competition between news services was already set… Continue reading BSkyB Looks To Oust ITN As ITV News Provider
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
Telewest has announced the addition of nineteen new content providers to its interactive TV platform Active Digital. The companies include P&O Cruises, Asserta Home and the RAC.Telewest launched interactive services in March this year, with over 90 high street and online companies on board (see Retailers Back Telewest’s Cable Interactive Service). Goods and services available… Continue reading Telewest Adds New Brands To Active Digital Service
The Incorporated Society of British Advertisers (ISBA) has welcomed the speed at which changes to the structure of ITV are taking place, despite its reservations about consolidation.Responding to the news today that Granada Media is to acquire the television assets of United News & Media (see Granada Takes Control Of ITV), the society’s director of… Continue reading ISBA Welcomes Swift Move Towards Consolidation Resolution
Granada Media has agreed to buy United News & Media’s television networks for £1.75bn. The deal will see Granada take control of the Meridian, HTV and Anglia ITV franchises and the group’s 35% stake in Channel 5, as well as its related television production and distribution businesses.More news to follow later on Newsline…
Cabal Communications has announced the launch of its new upmarket men’s magazine. Called Mondo, this “stylish, contemporary and self-assured” title will be available from 4 October.Its aim is to revitalise the men’s lifestyle market which has become stale in recent years, according to Cabal’s chief executive, Sally O’Sullivan: “Over the past few years the leading… Continue reading Cabal Offers A “World Of Pleasure” For Older Lads
United News & Media has sold its television interests to Granada Media, finally sealing consolidation within ITV. The deal will make Granada Media the undisputed leader of Britain’s main commercial TV channel.It will take control of United’s television interests – its Meridian, Anglia and HTV franchises -, together with all related production and international distribution… Continue reading Granada Takes Control Of ITV
Granada Media’s chairman Charles Allen set out plans for the future of the ITV network today as he announced details of his group’s triumph as main controller of the network. After nine months of wrangling between the three main players finally culminated in Granada’s acquisition of the TV assets of United (see Granada Takes Control… Continue reading Future Of ITV Laid Out As Granada Seals Deal
Shares in Telewest were the worst performers on the FTSE yesterday. Prices finished on a 19 month low, down 14p at £1.79, following last Friday’s reports of set-top box shortages (see Telewest Puts Digital Strategy On Hold As Box Shortage Affects Cable Industry).Trinity Mirror, which has retained its lead in the top 20 regional publishers… Continue reading Sharewatch
