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Analyst Merrill Lynch has predicted that the American TV distributor Liberty Media share price, in 2005, will be driven by the highly anticipated potential deal with Rupert Murdoch’s News Corp. Liberty Media, owned by John Malone, holds 324.6 million News Corp NWS voting share, valued at $9.16 billion in total at current prices or $3.25… Continue reading Liberty Media And News Corp 2005 Outlook

Sir Martin Sorrell has won a court case against media communication and market research group Aegis, amid accusations of industrial espionage and illegal client poaching. The French Commercial Court of Nanteerre has ruled against Aegis subsidiary, Carat, finding that the company had made its allegations of illegal client poaching purely to obtain sensitive information about… Continue reading French Court Rules In Favour Of Sorrell

A second auction of third generation mobile (3G) telephone licences, scheduled for 2007 will gross only one tenth of the £22.5 billion secured in the first auction making the Treasury just £2.5 billion, according to Government advisor Quotient Associates. This prediction is likely to anger the five main mobile operators, who paid a total of… Continue reading 3G Licence Prices To Drop By 90%

Government media regulator Ofcom has launched an investigation into satellite giant BSkyB after the nation’s largest commercial broadcaster, ITV, complained about the proposed charge for regionalisation of ITV’s channels on Sky’s digital satellite platform. Currently ITV pays BSkyB £17 million a year for “conditional access” and inclusion on its electronic programme guide (EPG), which enable… Continue reading Ofcom Investigating Sky Over Regional Charges

The chief talent officer in the New York branch of Sir Martin Sorrell’s global advertising company WPP has resigned to take the top human resources position at online auction company eBay. According to industry sources, Beth Axelrod resigned her position this week, bringing to an end a three year career with the London based advertising… Continue reading WPP Talent Officer Makes Jump To Ebay

The Bermuda based satellite company, Intelsat, has named outgoing O2 chief executive Dave McGlade as their new head, taking over from Conny Kullman. Conny Kullmann, Intelsat’s current chief executive said about his successor: “He has demonstrated on a number of occasions his ability to transform seamlessly across different parts of the telecom landscape.” Mr McGlade… Continue reading Intelsat Gets O2 Boss As New Head

The Television Corporation has announced the sale of its sports broadcasting arm Visions, to US producer of mobile production facilities large video screens and television studios, NEP for £16.8 million. Over 2004 Visions has generated £14.4 million in revenues and £800,000 in profits from providing facilities for sports events, such as racing and cricket on… Continue reading TV Corp Sells Sports Arm

The MediaTelInsight team would like to wish you a very merry Christmas and a profitable New Year. Insight will close from 1pm this afternoon until 9am on the 4th of January 2005.

UK publishing group, United Business Media (UBM) announced yesterday its plans to voluntarily cut its US share listing, to take effect at the close of trading on 22 March 2005. The decision comes amidst weak trading in North America, and will see the company de-list from the Nasdaq national market and terminate its American Depositary… Continue reading UBM Cuts US Share Listing

ITV franchise, Ulster TV has announced the acquisition of LMFM, a local radio station in the Republic of Ireland, for almost £7 million. This will see the company radio portfolio increase to include Drogheda in County Louth. Ulster TV enjoyed a strong financial performance in 2004 with pre-tax profits for the first six months of… Continue reading Ulster TV Expands Radio Portfolio With LMFM