Dixons plans to auction its stake in UK internet service provider, Freeserve, according to reports today. The group, which owns an 80% stake in the ISP, is believed to have allowed bidders up to ten days to place offers for the company, which it expects to be valued at £6bn.Cable group NTL is expected to… Continue reading Dixons To Auction Freeserve
IPC’s results for the 6 months ending 31 March 2000 show pre-tax profits of £2.4m, compared to £0.7m last year. Operating income was up 36% at £29.6m and operating margins were at 16.7%, up 1%.Chief executive Sly Bailey commented: “The financial results are solid, and reflect the successful action it was necessary to take to… Continue reading IPC Release Results For Last Six Months
Emap presented its annual results yesterday (see EMAP And Channel 4 Unite In Digital Venture), unveiling pre-tax profits of £184.3m and plans for a joint initiative with Channel 4. The news pushed the company’s share price up 46p to £11.45.Telewest, which completed its merger with Flextech on Friday (see Telewest And Flextech Merger Cleared By… Continue reading Sharewatch
Bright Station has stepped forward to help save the fate of two recent internet failures. The web solutions and e-commerce company formerly known as Dialog, is to buy the technology side of online sports retailer boo.com and is part of a consortium rescue package for technology news service Netimperative.Boo.com collapsed last week through lack of… Continue reading Bright Station To Buy Boo Infrastructure
The merger of Flextech and Telewest (see Telewest Chief Quits As Flextech Merger Plans Finalised) was completed on Friday. Flextech will now form the content division of Telewest with the share price for the combined companies appearing under the Telewest name. Shares in Telewest fell 10¾p to £2.46 on Friday.GWR announced pre-tax profits of £18.8m… Continue reading Sharewatch
These forecasts see Commercial Radio growing at twice the rate of other media in 2000, at 12%. The effect of these growth rates would give Commercial Radio a 6.2% share for 2000. Of the other media, Television at 6% is predicted to fare better than the average 5%, while the Press and Cinema would lose… Continue reading CIA MediaLab/Admap Forecasts
Twenty new transmitters are to be added to Digital One’s 29-strong digital radio network. When commissioned, these will bring the percentage of the population able to recieve national digital radio to nearly 80% or around 40 million individuals. Commissioning of the transmitters, which are being built by NTL, is scheduled to take place between now… Continue reading Digital One Set For 80% UK Coverage By July 2001
Twenty new transmitters are to be added to Digital One’s 29-strong digital radio network. When commissioned, these will bring the percentage of the population able to recieve national digital radio to nearly 80% or around 40 million individuals.Commissioning of the transmitters, which are being built by NTL, is scheduled to take place between now and… Continue reading Digital One Set For 80% UK Coverage By July 2001
The British Medical Association (BMA) has laid some of the blame for the rise in eating disorders at the door of the media. A new report from the BMA indicates that the number of cases of anorexia nervosa and bulimia have risen in Western society, and points out that “[The media] often tends to portray… Continue reading BMA Blames Media For Eating Disorders
EMAP and Channel 4 have joined forces to create a new digital business for the youth market, in a strategic cross-media move aimed at enhancing both companies’ positions in the digital age. The first project will be a multi-platform dedicated website bringing together the two group’s print and television strengths within the sector.EMAP’s portfolio of… Continue reading EMAP And Channel 4 Unite In Digital Venture
