As further news of the United/Carlton merger emerged over the weekend, the two groups most likely to lose out as a consequence of the deal made moves to prevent it. BSkyB and Granada have both said they want the merger referred to the Competition Commission before it is given the go-ahead and there have been… Continue reading Consolidation A Threat To Granada And BSkyB
The race to corner the free morning newspaper market heightened last week as three more Metro newspapers were launched. After a circulation war broke out in Manchester recently when Associated Newspapers and the Guardian Group launched free morning newspapers in the city on the same day with the same name (see Manchester In Local Newspaper… Continue reading Three More Metros Hit Britain
The £7.8 billion merger between Carlton and United News & Media, announced this morning (see Carlton And United News & Media Set For £7.8bn Merger), will create the UK’s largest commercial television broadcaster and a huge force in new media developments.Commenting on the deal Clive Hollick, chief executive of United and CEO of the new… Continue reading Carlton/UNM Merged Group Plans For The Future
Atlantic 252 has appointed John O’Hara as its new managing director after the station’s founding director Travis Baxter quit in July. The long-wave station has been fighting a declining share of listening despite repositioning itself to attract a younger audience (see Atlantic 252 To Pull A More Trendy Audience). IPC Southbank has teamed up with… Continue reading Newsline Brief
BSkyB has signed a five year carriage agreement with cable and satellite youth channel, Rapture Television. Rapture joins the Sky Digital line-up tomorrow, with broadcasts initially only at weekends, but increasing to seven days a week from February next year.The agreement increases Rapture’s reach by 1.8 million homes; the channel now reaches six million homes… Continue reading Sky Digital Secures New Channel Carriage Deals
The ITV Network took a further step toward what many see as its inevitable consolidation today, as Carlton Communications and United News & Media (UNM) announced the terms of a £7.8 billion merger. The new group will become the largest commercial broadcaster in the country and by far the largest player in the ITV Network.Between… Continue reading Media Merger May Hit Regulatory Obstacles
IPC Magazines has promoted Caroline Ward to the position of managing director at IPC tx, the group’s TV weeklies division. Ward, who is currently publishing director of IPC tx, replaces Sly Bailey who became group chief executive earlier in the year following the retirement of Mike Matthew (see Matthew Retires As Chief Executive Of IPC… Continue reading IPC Promotes Ward To IPC tx Managing Director
Shares in Carlton Communications and United News & Media climbed as the two group’s announced plan to merge (see Carlton And United News & Media Set For £7.8bn Merger). United jumped 37˝p to close at 745˝p; Carlton rose 3žp to 554źp.Bristol United Press saw its share prices leap 202˝p to 722˝p as the Daily Mail… Continue reading Sharewatch
The UK’s largest commercial television broadcasting group is set to be created by the merger of two of the ITV Network’s heavyweight companies, Carlton Communications and United News & Media (UNM). The £7.8 billion deal will create a company with the scale to compete with the two groups’ ITV rival, Granada Media Group.It is expected… Continue reading Carlton And United News & Media Set For £7.8bn Merger
Shares in Granada dropped yesterday as the posting of good year-end financial results by the group (see ITV Ad Revenue Helps Granada Profits) was marred by bid talk (see Granada Would Not Buy Scottish Media/Ginger Company, Says Chairman). Prices closed down 18p to 542˝p.The strong growth in TV advertising revenue announced by Granada, however, boosted… Continue reading Sharewatch
