The minister for consumers and corporate affairs, Kim Howells, has published draft undertakings in relation to the proposed acquisition of British Interactive Broadcasting (Open, as it is now known) by BSkyB. Plans for Sky to increase its stake in the interactive TV company to full ownership were announced in July last year (see BSkyB Takes… Continue reading Comment Invited On Proposed BSkyB Takeover Of Open
Taylor Nelson Sofres published positive results yesterday, showing pre-tax profits up 16.5% (see Taylor Nelson Sofres Releases Positive Year End Results). This led to the company’s shares being among the few media stocks that rose yesterday, increasing 5½p to £2.35½.More results, this time from Future Network, confirmed expectations about what the chief executive described as… Continue reading Sharewatch
RTL has confirmed that its director of strategy and content, Richard Eyre, will be leaving the company at the end of this month. Rumours about Eyre’s decision to quit the company just over a year after he joined surfaced yesterday (see Former ITV Chief Executive Richard Eyre Quits RTL).RTL has announced that Tony Cohen, currently… Continue reading RTL Confirms Eyre’s Departure, Announces Promotions In His Wake
European broadcast and content company, RTL Group, has this morning confirmed that Richard Eyre, director of strategy and content, and an executive director of the board, will be leaving at the end of March. This announcement follows speculation in the press yesterday (see Eyre Understood To Have Quit RTL Post). Tony Cohen, currently chief executive… Continue reading RTL Confirms Eyre’s Departure
The US second-largest newspaper publisher Knight Ridder has announced that the deterioration of advertising revenues in March will knock back its first quarter earnings by around 25%, when compared to the previous year. The company – which publishes 32 daily titles including the Miami Herald and Philadelphia Inquirer – said that earnings would be 15-20… Continue reading Knight Ridder Becomes Latest Newspaper Group To Issue Profits Warning
Taylor Nelson Sofres’ results yesterday were above analysts and investors expectations and offered an upbeat outlook for 2001 (see Taylor Nelson Sofres Releases Positive Year End Results). The market research network said it expects the sector to grow by 8% during the year and believes it is in a good position to take advantage of… Continue reading Taylor Nelson Sofres Financial Results – Reaction
Richard Eyre is thought to have left European broadcaster RTL, where he was director of strategy and content, due to frustration about his position caused by the Pearson/CLT-Ufa merger which created the company last year. Eyre left his job as chief executive of the ITV Network in November 1999 to head Pearson’s TV department and… Continue reading Eyre Understood To Have Quit RTL Post
Future Network was ‘pushed off course’ in 2000 in what was this morning described by chief executive Greg Ingham as a ‘bruising year’ for the company. Future has been expanding rapidly in recent years and now operates more than 100 magazines, 45 magazine websites and employs almost 2000 people in Europe and the US. In… Continue reading Future Network ‘Pushed Off Course In Bruising Year’
The Independent Television Commission (ITC) has announced the financial terms for the renewal of licences for the ITV Border, Central, Channel, Grampian, Granada, LWT and Scottish regions, if they choose to renew their analogue licences for the ten year period beginning 1 April this year. Below are the cash bids and percentages of qualifying revenue… Continue reading ITC Announces Financial Renewal Terms For Remaining Seven ITV Licences
Market research group Taylor Nelson Sofres (TNS) has this morning announced strong full year results for 2000, with pre-tax profits rising 16.5% to £37.8 million. Sales were up 26% at £479 million. In the UK sales growth was 5% – lower than other worldwide regions as work previously handled from the UK has moved into… Continue reading Taylor Nelson Sofres Releases Positive Year End Results
