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Kelvin MacKenzie has revealed a desire to buy Chrysalis-owned LBC radio, if the group were willing to sell. According to a report in this morning’s MediaGuardian, MacKenzie said that he was “very interested in radio, and very, very interested in speech radio, ” adding: “LBC is not for sale, but if it were I would… Continue reading MacKenzie Admits Interest In LBC Radio

Ulster TV has approved its offer for the Wireless Group (TWG) at an extraordinary company meeting, held yesterday. UTV made a bid for TWG group in April, offering £98.2 million for the group, equating to 91 pence in cash for each Wireless share (see UTV Offers £98.2 Million For Wireless). UTV directors believe that the… Continue reading UTV Approves Bid For TWG

Speculation surrounding a merger between cable giants Telewest and ntl continues to mount, with reports this morning suggesting that US media-owner, Viacom, could bid for Telewest’s Flextech television business, owners of Living TV, Bravo and Challenge. The company also holds joint ownership with the BBC of the UKTV network of channels, including UKTV Gold and… Continue reading Viacom In Frame For Flextech Sale

United Business Media (UBM) has completed the sale of its market research business, NOP World, to German company GfK Aktiengesellschaft for £383 million in cash, after announcing its disposal in April (see UBM Sells NOP To German Research Firm). Earlier this year, UBM announced a review of strategic options for NOP World, with a number… Continue reading UBM Completes Sale Of NOP World

Scottish Media Group (SMG) has released an upbeat trading statement showing progress in both operational achievements and trading performance, with its television, radio, cinema and outdoor advertising departments all thriving. In the company’s annual general meeting, Chris Masters, SMG’s chairman, revealed that Virgin Radio’s listening performance had grown by 20% compared to last year, with… Continue reading SMG Continues To Perform Strongly

Channel 4 has announced the appointment of Rod Henwood to the newly created role of New Business Director, giving him management responsibility for the broadcaster’s commercial arm, 4 Ventures. A key focus of Henwood’s new role will be to drive new business opportunities across the group, as well as developing potential acquisitions and strategic partnerships.… Continue reading Channel 4 Appoints Henwood As New Business Director

Media communications and market research group, Aegis, announced today the acquisition of French market research group, ARTeam, with the company becoming a part of Synovate, Aegis’s fast growing global research network. ARTeam was bought for an initial consideration of €3.0 million payable in cash on completion, with a deferred payment over three years of up… Continue reading Aegis Buys French Research Group

Multi-media group, Emap, has said that it reserves the right to make an offer below 1,040 pence per share for Scottish Radio Holdings (SRH), despite its bid for the company being turned down. Emap was disappointed by SRH’s reaction to its proposal, which Emap believes fully values SRH, both on the basis of its current… Continue reading Emap Reserves Right To Bid For SRH

United Business Media is preparing to offload its 35% stake in Five, reports over the weekend have claimed, with 65% stakeholder, RTL Group, in line to purchase the remaining share for £200 million. The Sunday Express claims that the two groups have held talks over the deal, which could be completed within two months as… Continue reading UBM Considers Sell Off Of Stake In Five

Online retail sales in the US are predicted to rise by almost 25% this year, with revenues forecast to increase to $109.6 billion, up from $89 billion in 2004, according to a new study released by Shop.org and conducted by Forrester Research. The projections are in line with analyst eMarketer’s latest online retail estimates, predicting… Continue reading US Online Retail To Rise By 25% In 2005