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Cable operator NTL and satellite TV group BSkyB yesterday criticised the Office of Fair Trading for its lengthy process in electing not to make a decision about a programming deal between the two groups, opting instead to simply close the file. The proposal from Sky and NTL was to allow the wholesale of premium content… Continue reading Pay-TV Groups Disappointed With Sluggish OFT

Trinity Mirror, the UK’s largest newspaper group, has warned that difficult advertising conditions are set to continue throughout this year, although the company is expecting a strong underlying performance. Pre-tax profit at the company rose by 0.9% to £155.5 million, whilst turnover increased by 4.8% to £1.1 billion for the year ended 30 December 2001.… Continue reading Trinity Mirror Results Beat Expectations, Mirror Relaunch Announced

Combined revenue generated by the ‘big three’ US television – ABC, CBS and NBC – networks dropped more than 10% in 2001 – the largest annual loss in network history, according to a Hollywood Reporter story published today. Quoting the Broadcasting Cable Financial Management Association, the site says that this decline is a further indication… Continue reading ‘Big Three’ US TV Networks Suffer Record Revenue Falls

Carlton Communications chairman Michael Green, today told the company’s AGM that the advertising market remains weak and that he is unable to predict with any uncertainty the timing of a resumption in growth. Nevertheless, Green reassured that Carlton is well-positioned to benefit from a recovery in demand for advertising, when it does transpire. ITV revenues… Continue reading ITV Revenues Predicted To Be 12% Down In Five Months To February

The Boards of Carlton Communications and Granada last night said that a “fundamental restructuring of ITV Digital’s cost base must be concluded as a matter of urgency in order to secure the long term future of the business.” The financial viability of the troubled digital terrestrial business has been the subject of speculation for some… Continue reading ITV Digital Requires ‘Urgent Fundamental Restructuring’ Say Owners

Combined revenue generated by the ‘big three’ US television – ABC, CBS and NBC – networks dropped more than 10% in 2001 – the largest annual loss in network history, according to a Hollywood Reporter story published today. Quoting the Broadcasting Cable Financial Management Association, the site says that this decline is a further indication… Continue reading ‘Big Three’ US TV Networks Suffer Record Revenue Falls

Carlton Communications, which had done well in the first few days of this week, lost its appeal somewhat with the announcement that merger talks with Granada were off (see Carlton And Granada End Merger Talks). Shares in Carlton slipped 7p or over 3% over the course of the day, ending at £2.21. Granada did better,… Continue reading Sharewatch

NTL has added its voice to the criticism levelled at the OFT by BSkyB yesterday (see Sky/NTL Deal Shelved By OFT) after the regulator announced it would not take a decision on the cable distribution agreement submitted for approval by NTL and Sky in October 2000, saying the process gave a poor reflection of the… Continue reading NTL Levels Criticism At OFT

Research by MORI into the attitudes of “Captains of Industry”- board directors of leading British companies- has revealed the perceived importance of strong branding, especially in difficult economic times.The research, sponsored by Wolff Olins, found that strong brands were recognised by this group as particularly helpful in retaining customers and staying ahead of the competition.… Continue reading Industry Leaders Recognise Importance Of Branding

Viewing levels of adults aged 16-34 have stabilised following the introduction of the new BARB panel at the beginning of the year, according to the audience research board.Data for the week ending 17 February shows average total television viewing hours per week for this age group to be in line with recent average weekly viewing… Continue reading TV Viewing Levels Have Stabilised, Says BARB