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
Parkhill Publishing is said to have suspended publishing of its two titles Aura and Wedding Day and is thought to be applying for voluntary liquidation. Rumours have been rife in recent weeks that the two titles forming Eve Pollard’s venture into publishing were failing to gain readers and therefore losing advertisers’ confidence. It appears that… Continue reading Publishing Of Aura And Wedding Day Suspended As Parkhill Looks To Liquidation
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
A new regional Sunday sports paper is to be launched by the Manchester Evening News. The first edition of the Sunday Pink will be on sale across the north-west on 20 August to coincide with the Premiership football season kick-off.Priced at 50p, it offers in-depth sports coverage from throughout the region, and will cover smaller… Continue reading North-West Gets New Sunday Sports Paper
The latest figures from the Newspaper Society show that Trinity Mirror has retained its place as the largest regional press publisher, despite acquisitions by its nearest rivals between January and July. Newsquest Media Group has displaced Northcliffe Newspapers at number two in the table, following its acquisition of Newscom in May (see Newsquest Signs £444m… Continue reading Newsquest Overtakes Northcliffe In Regional Newspaper Top 20
BSkyB made something of a recovery, after speculation about its losses on Tuesday (see Sharewatch) turned out to be overly negative when its annual results were released yesterday (see BSkyB Reports Losses As Digital Subs Reach Record High). Shares rose 10p to £12.47Emap fell 25p to £11.80, but elsewhere in publishing Reed International gained 11p… Continue reading Sharewatch
