Reports this morning suggest that talks between AOL Time Warner and IPC (see AOL Time Warner May Bid For IPC) have fallen through. The valuation of the company is thought to have been the reason for the breakdown as IPC and its largest shareholder, Cinven, deemed the offer price, of between $1.2 billion and $1.5… Continue reading AOL Time Warner Scraps Talks With IPC
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Granada and Carlton Communications have hit a stumbling block in plans to bring their pay-TV businesses under the umbrella ITV brand (see Granada And Carlton Bring ONdigital Under ITV Brand), following discussions with some of the Network’s smaller franchise holders. Although all the parties involved have so far declined to comment on the talks, press… Continue reading Granada And Carlton Meet Opposition To ITV Brand Plans, Say Reports
French outdoor media company JC Decaux has delayed its IPO on the French stock market (see JC Decaux To Fund Growth With IPO On French Stock Market) following media scepticism and concerns over investor demand. The announcement follows a week of uncertainty in the French advertising industry as share prices fell following profit warnings from… Continue reading JC Decaux Cuts Price Of IPO
Two US publishing groups – Dow Jones and Knight Ridder – have announced that they are to make a number of job cuts in order to meet financial targets. Knight Ridder, the second largest newspaper group in the US, is to axe 1,700 jobs, costing the group $75 million in redundancy pay-outs. Late last year,… Continue reading US Newspaper Groups Cut More Jobs
IPC Media has announced a series of new appointments, including the promotion of former Nova publisher, Elaine Foran, to director of the newly created central international and fashion sales group.In the new role, Foran, reporting to IPC advertising MD, Georgina Crace, will manage sales strategy and client and editorial liaison across all IPC titles including… Continue reading Management Shake Up At IPC
Cable and Wireless suffered the greatest loss among media stock yesterday, with shares sliding 6.58% to finish at £4.19, a loss of 29.5p on the previous day.Maiden also faired badly in yesterday’s market, slumping 4.66% to close at £4.60, a loss of 22.5pRTL led the field among media groups yesterday, climbing 9.48% to finish at… Continue reading Sharewatch
ProgrammesThe real soap operas, EastEnders and Coronation Street dominated the top ratings as usual during May, with ITV’s flagship production stealing back dominance following the success of the Phil Mitchell storyline on the other side. Coronation Street gained the top spot for three out of the four weeks, with top audiences ranging between 13 and… Continue reading TV Viewing Round-Up – May 2001
Plans by Granada and Carlton Communications to unify their pay-TV ventures into ITV, have been halted by a dispute with smaller shareholders, according to press speculation.It is believed that Granada and Carlton, which hold nine out of the fourteen regional ITV licences and control most of the advertising revenue, have reached a stalemate situation with… Continue reading Spanner In The Works For Integrated ITV Platform
Jupiter MMXI, which has produced at home internet audience data for the UK since 1999, has announced that data will be released from now on on a weekly, rather than monthly, basis. As calls for industry wide agreement on standards for internet audience measurement gather strength (see IPA Conference Announces Progress Towards Internet Audit), the… Continue reading Jupiter MMXI Launches Weekly Internet Data Release
