The Football League is to go ahead with plans to sue Carlton and Granada for £500m if they continue to refuse to honour the debts of the loss making pay-TV platform ITV Digital.Carlton and Granada have so far refused to accept liability for ITV Digital’s failure to pay the outstanding £178m owed to the League… Continue reading League Set To Sue Carlton And Granada
Freeserve has accused BT of pursuing an “orchestrated campaign of anti-competitive behaviour” in an attempt to dominate the market for high-speed internet access and has urged Oftel to launch an “urgent” investigation into the company.The internet service provider is accusing BT of exploiting links with its internet arm BT Openworld in an attempt to gain… Continue reading Freeserve Calls On Oftel To Investigate BT
Channel 5 has announced details of its marketing campaign for the Top Gear-style motoring show 5th Gear.The press and radio campaign has been described as a “high impact strategy designed to bombard the audience with the tune-in message” during the weekend before launch. The campaign will focus on the awareness and positive associations of presenters… Continue reading Channel 5 Hopes To Drive Viewers To 5th Gear
Despite some positive indicators for media spending, Jack Myers Report has chosen not to upgrade its outlook for US media in 2002, restating figures released in December. Myers 2002 Media Spending Outlook Medium % Growth $ (x000) % Share Newspapers -2.0% 46,483 25.8 Broadcast Networks -4.0% 15,475 8.6 National Spot TV -9.0% 8,928 5 Broadcast… Continue reading Myers Restates US Outlook For 2002
Growth of the US online population slowed in 2001 to 6%, reaching around 105 million ‘active’ users by year-end, according to the Year In Review report released at the end of March by Nielsen//NetRatings. Growth of the overall at-home users also slowed – to 10% – with the population reaching 174 million. A mature market… Continue reading US Internet Market Reaches Maturity In 2001
Half of US homes will be regular video on-demand (VOD) users by 2008, spending $26 billion on VOD services over the next seven years, according to a report from Strategy Analytics. The group says that ‘after years of unfulfilled promised, the age of content on demand is finally approaching.’ The report estimates that more than… Continue reading Age Of Content On Demand Approaches Says Strategy Analytics
In a meeting with FA officials yesterday, football league chairmen decided that there should be no compromise on the £89.25 million payment expected by the league from ITV Digital in August. Following ITV Digital’s announcement that they would honour a £20 million payment owed to the Premiership in lieu of broadcast rights, the FA chairmen… Continue reading Football League Battle With ITV Digital Continues
A US Court Of Appeals has ruled that the Federal Communications Commission’s ‘8-voices’ ownership rule is ‘arbitray and capricious’, according to a report on Mediaweek.com. The 8-voices rule was established in August 1999 and prevents television operators from running duopolies and local marketing agreements in markets where there are less than eight voices. The Court… Continue reading US Court Brands 8-Voices Ownership Rule ‘Arbitrary And Capricious’
The refinancing and debt reduction plans of telecommunications company NTL are thought to be progressing well, with details of a structure set to be announced within weeks, according to a report on today’s Financial Times website. NTL has appointed Credit Suisse First Boston, JPMorgan and Morgan Stanley to advise on a recapitalisation structure and reduction… Continue reading NTL May Take Temporary Bankruptcy As Refinancing Is Finalised
United Pan-Europe Communications (UPC) has today announced that the release of full-year results for 2001 will be delayed by a further two weeks in order to finalise “the appropriate accounting treatment of certain interest rate cross currency hedging agreements in the wake of UPCÂ’s default on its public debt on March 3rd 2002” The Dutch… Continue reading UPC Results Delayed
