Following the purchase of Ginger Media in January (see Scottish Media Gets Regulator’s Approval For Ginger Takeover), Scottish Media Group has announced plans to restructure its share capital. The plans will effectively create a 4-for-1 share split and also involve rebranding in order to reflect a wider UK presence.The scheme is still subject to approval.… Continue reading Scottish Media Group Announces Restructure Plans
ONdigital said today it had 673,000 subscribers to its digital terrestrial platform, and expects this number to rise to 1 million by the end of the year. The pay-tv company, which is joint-owned by Carlton Communications and Granada, said that its sales had increased by 22% for the three-month period to the end of March.A… Continue reading ONdigital On Target To Reach 1 Million Subs By End Of Year
News that Capital Radio is about to launch a rival bid for Border Television (see Capital Radio Prepares Border TV Bid) caused Border shares to rise again yesterday, gaining 27˝p to £11.82˝. The television companies suitors fared less well, with Capital Radio falling 75p to £15.12˝ and original bidder Scottish Radio Holdings falling 12˝p to… Continue reading Sharewatch
Outdoor advertising company, the More Group, today announced the acquisition of Barnett’s Taxi Advertising, a London-based company tagged “the name behind the names on cabs”.Stevie Spring, chief executive of the More Group, said: “Barnett’s extensive knowledge of the London area and regional market combined with More Group’s national strength is a winning combination. It means… Continue reading More Acquires Taxi Advertising Group
Sky Sports will launch its latest sports news service today. Skysports.comTV was available from 6am to digital subscribers and has been designed to act as a companion to the online service at www.skysports.com. The new channel will replace Sky Sports News , from which it evolved.Viewers will see the main broadcast image surrounded by graphics… Continue reading Sky Launches New Sports News Service
The Independent Television Commission (ITC) is inviting public comment on whether a proposed merger between Granada and United News & Media would act against public interest. The Commission has taken the unusual step of asking for comments without a formal bid being made due to the particular circumstances of the case.Granada announced its intention to… Continue reading ITC Invites Views On Granada’s Proposed Acquisition Of United
MediaTel today launched a new online media availability service, MediaTrader. Providing an immediate, easy-to-use and efficient interface between media buyers and media owners, offering bespoke packages, specific promotions, sponsorship and events, as well as short-term opportunities, it has been designed to supplement the existing trading processes, and for many involved marks the first step towards… Continue reading MediaTel Launches MediaTrader
The Sunday Express has launched a new A4 magazine supplement with content including beauty, fashion, health and full weekly TV listings. The 84-page magazine, which aims to attract new advertising categories, also includes a children’s section and celebrity writers. The first issue was launched this weekend and is backed by a TV campaign. The BBC… Continue reading Newsline Brief
Broadcaster BSkyB has signed a deal with e-commerce business LetsBuyIt.com. The group paid £10 million for a stake in the pan-European company, which specialises in co-buying.Selling products ranging from kitchen appliances to resort holidays, LetsBuyIt.com brings together people who want to buy the same product and allows them to negotiate prices online. The more people… Continue reading BSkyB Buys Stake In LetsBuyIt.com
The confirmation of reports that Pearson is to merge its television business with CLT-Ufa (see Pearson In Merger Deal To Create European TV Giant) was thought to be behind new enthusiasm for media shares on Friday. Pearson shares rose 267p to £23.21.United News and Media and Carlton Communications both saw a rise in share price… Continue reading Sharewatch
