Telewest Communications saw a dramatic rise in its share prices yesterday. The cable company, which has seen falls since announcing its acquisition of Cable London (see Telewest Takes Control Of Cable London In £428m Deal) saw a rise of almost 4%.Capital Radio continued to make gains after the Radio Authority last week awarded the CE… Continue reading Sharewatch
Chrysalis Radio has confirmed it is still in the running for a digital multiplex licence for London after the Radio Authority announced last week that due to demand two more licences for the capital would be made available (see Capital And EMAP Win First London Digital Licence).Phil Riley, chief executive of Chrysalis Radio, was positive… Continue reading Chrysalis Radio To Bid For Second London Licence
In the week of its launch the BBC’s free internet service provider, freebeeb.net, was ordered offline by a coalition of Britain’s biggest internet publishers. BIPA (British Internet Publishers Allliance), which includes United News & Media, News International, ITN and Emap have written to culture secretary Chris Smith complaining that the service, freebeeb.net, will have an… Continue reading BBC ISP “Will Distort The Market”
The Scottish Media Group has announced this morning that it has bought a stake worth £8 million in Edinburgh football club Heart of Midlothian. The group, which owns Scottish and Grampian Television and the Herald newspaper, will assist the club in its media and merchandising activities.The acquisition, which values shares in Hearts at 140p each,… Continue reading Scottish Media Group To Take Stake In Hearts
Shares in Capital Radio and Emap saw dramatic rises after last week’s announcement that the CE digital consortium, in which they are joint partners, had won the first digital multiplex licence for London (see Capital And EMAP Win First London Digital Licence). Shares in Capital were up by over 3.5% to close at 911˝p while… Continue reading Sharewatch
British Sky Broadcasting yesterday announced the appointment of its new general manager. Richard Freudenstein, who will join the company next month, will have particular responsibility for the further development of its digital services.Freudenstein is currently employed as director of operations and business development at Fox-Tel, the Australian pay-TV group. Speaking about his appointment Tony Ball,… Continue reading Sky Gets New General Manager
Regional newspaper group Trinity was issued with a deadline for the required disposal of its Northern Ireland titles on Friday, making its £2 billion deal with the Mirror Group wholly unconditional from today. The Department of Trade and Industry has allowed the regional newspaper group 12 months to sell the titles, which include the Belfast… Continue reading Trinity-Mirror Deal Gets ‘Unconditional’ Go-Ahead
The Radio Authority (RA) has this morning announced the award of the London digital multiplex licence to CE Digital, a consortium formed by Capital Radio and EMAP. The Authority considered applications from three groups for the London licence, the only digital licence to be contested. The unsuccessful applicants in this round were Switch Digital –… Continue reading Capital And EMAP Win First London Digital Licence
ONdigital faces a further shake-up after the news today that two of its directors have quit. Ashley Faull, the digital broadcaster’s programming head, and Jim Radcliffe, commercial director, have left the company just six weeks after the resignation of the group’s chief executive Stephen Grabiner (see ONdigital Hit By Loss Of Chief Executive).Graeme Stanley, director… Continue reading ONdigital Directors Quit
Independent News & Media, owner of the Independent, has reported an increase in the paper’s display advertising revenue, but a drop in classified revenue due mainly to shortfalls in financial recruitment advertising. The company also predicted ‘continued improvement in circulation’ for the Independent in the second half of this year.The group’s Irish and Australian papers… Continue reading Independent Owner Predicts Second Half Circulation Increases
