The ITC’s chairman, Sir Robin Biggam, has called on the Government to introduce interim legislation which would allow the creation of a single ITV, warning that the planned OFCOM legislation in 2003 would come too late to counteract the current economic difficulties faced by the commercial TV sector.“We are going through tough times and Government… Continue reading ITC Chief Calls For Interim Legislation
The 2002 and 2006 World Cup Finals will be shown on terrestrial TV after the BBC and ITV announced that they have secured the rights to broadcast the tournaments from Kirch.It is thought that, after lengthy negotiations, the BBC and ITV paid less than the £170 million initially demanded by the German media company. However,… Continue reading BBC and ITV Secure World Cup Rights
The BBC and ITV have secured the rights to broadcast the 2002 World Cup from German media company Kirch. It is thought that the TV companies paid less than the £170m being demanded by Kirch for the rights. More will follow on NewsLine shortly…
Time Inc has announced the completion of its acquisition of IPC Group Limited, the parent company of IPC Media, from Cinven. The purchase price is £1.15bn, including the cash in the company.The deal was announced in July (see AOL Buys IPC Media For £1.15bn), following months of speculation about possible talks, thought to be held… Continue reading Time Completes £1.15bn IPC Takeover
AOL Time Warner has announced the completion of its acquisition of IPC Group, the parent company of IPC Media, from venture capitalist firm Cinven (see AOL Takes IPC Media For £1.15bn). The purchase price is £1.15 billion, including the cash in the company. The deal was announced in July, following months of speculation about possible… Continue reading AOL Time Warner Completes £1.15bn Acquisition Of IPC
According to Accenture, e-commerce is thriving in Europe despite the lingering threat of recession. “The Unexpected eEurope” published this week, found that 60% of senior European executives surveyed said that they planned to increase eCommerce spending by an average of 15% over the next year. A further 49% said that they expected to be exploiting… Continue reading U-Commerce, The Next Big Thing?
US e-commerce spend jumped by 54% in September to $4.7 billion, according to a report released yesterday by Nielsen//NetRatings and Harris Interactive. Just under 39 million people in the US bought something online last month, a new record according to the research companies’ Interactive eCommercePulse measurement system. However, spend was actually down 14.7% month on… Continue reading Number Of US Online Buyers Peaks In September
Channel 5 has escaped censure from the ASA after the authority refused to uphold complaints against a cartoon-style ad for the channel’s UEFA Intertoto Cup coverage, which featured Neil and Christine Hamilton.The advert, which appeared in the Daily Express and the Daily Mail at the same time as the allegations surrounding the Hamiltons, pictured Neil… Continue reading Channel 5 Escapes Hamilton Ad Censure
As Nigella and Jamie have elbowed Delia out of the TV kitchen, it seems that we’ve become a nation of foodies. Or at any rate, a nation who like to read about and look at pictures of lemongrass and polenta, even if we’re still eating Pot Noodles. The supermarkets, where those of us unable to… Continue reading Feature: Feeding The Foodie Habit
Reuters, which announced a further 500 job cuts form its global workforce yesterday saw shares fall 7.08% to finish at £6.04, a loss of 46p on the previous day.Pearson, which is today expected to release a downbeat trading statment highlighting a deterioration in ad revenue acosss its newspaper and TV interests, saw stock drop 2.21%… Continue reading Sharewatch
