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According to reports in this morning’s press, ITV Digital may be closed as soon as next Monday unless Carlton and Granada pledge more money to keep the service afloat. Figures released to the Football League by the High Court, as part of their attempt to recover rights money owed by ITV Digital, supposedly reveal that… Continue reading ITV Digital Could Be Closed By Monday

NTL may avoid forced liquidation (see NTL May Take Temporary Bankruptcy As Refinancing Is Finalised), according to report on FT.com today, which claims that the indebted cable group could sign a deal with its bondholders as early as this week. The paper reports that a debt-for-equity swap with the bondholders is now on the table;… Continue reading NTL Is Close To Refinancing, Says Report

Reed International and Elsevier NV chairman, Morris Tabaksblat, this morning told the Reed Elsevier AGM that trading conditions have changed very little since the group released its financial results in February (see Reed Delivers Strong Results And Reaffirms Growth Expectations For 2002). Tabaksblat reiterated the double-digit earnings and revenue market-outperformance targets for the Anglo-Dutch publishing… Continue reading Little Change In Trading Since February, Says Reed Elsevier

Kirch Media has today filed a bankruptcy order with the German courts following months of financial malaise and increasing pressure from banks and investors (see Kirch Sell Off Begins). Last ditch attempts to rescue the company including talks with minority shareholders Rupert Murdoch and Silvio Berlusconi, from insolvency have failed. Kirch Gruppe’s debts are thought… Continue reading KirchMedia Files For Bankruptcy Signalling The Demise Of The Kirch Empire

According to figures ‘leaked’ to the Sunday Times the current slump in commercial TV revenue is about to end. A report in yesterday’s newspaper included forecasts for TV revenue showing a predicted 11.6% increase for May and a 7% increase for June. Following a decrease of around 13% in January and February the forecasts seem… Continue reading Leaked Figures Forecast End Of TV Slump

The latest results from the quarterly Barclays Internet Index reveal that online confidence has risen yet again to an all time high. Internet usage has remained at 46% over the last three months whilst confidence has been increasing steadily since August 2001 according to the bank. Internet users are conducting more complex day-to-day tasks –… Continue reading Barclays Says Confidence In Online Banking Is At All Time High

Strategy Analytics predicts a slow beginning for the deployment of the new interactive TV standard, Multimedia Home Platform (MHP). However, the company believes that MHP will eventually become commonplace around the world, reaching 42% of digital TV homes around the world by 2008. MHP is a proposed standard for developing interactive applications within digital television… Continue reading Slow Start For Interactive TV Standard, Says Strategy Analytics

Week on week analysis shows that Maiden, which recently released its full year results for 2002 revealing a decline in underlying sales (see Maiden Anticipates ‘Gradual And Measured’ Recovery In 2002), was the best performer in last week’s media market. Shares rose 10.85% week on week to close at £3.57˝, an increase of 35p on… Continue reading Sharewatch

BT is planning to extend its high-speed internet service to reach over two thirds of the UK population by the end of next month.The company, which reduced the price of its wholesale broadband product in February, is connecting a further 50 UK towns and cities to its high-speed ADSL service as part of an initiative… Continue reading BT To Extend Broadband Offering

NTL has taken the first step towards the provision of a digital TV signal that can be received by moving vehicles, with the completion of a successful trial of the technology, which utilises the existing frequency spectrum.NTL’s trials of a rugged form of the established DVB-T transmission took place in the Oxford area. A multi-channel… Continue reading NTL Trials Digital TV On The Move