Shares in Dialog fell 22˝p yesterday as Thomson Corporation was confirmed as the buyer of the software and computing group’s Information Services Division (see Thomson Confirmed As Dialog Buyer). Prices closed at 140p.Telewest stock was recommended after the group announced the launch of a new high-speed internet service (see Telewest And Flextech Report Losses Ahead… Continue reading Sharewatch
Interactive digital television (iDTV) will reach 80 million European homes by 2005, according to a recent report by Forrester Research. The “walled garden” system currently available on interactive platforms will fall, allowing full internet access through TV screens.There are currently 7 million subscribers to interactive television systems throughout Europe. This will double to 14 million… Continue reading Online Services Will Be Driven By TV, Says Forrester
Cable group Telewest and pay-TV company Flextech, which are in the midst of a £2.3 billion merger, both reported poor year-end financial results today. The merger, which will create a vertically integrated company worth more than £12 billion, was cleared by the Department of Trade & Industry earlier this month (see Telewest And Flextech Merger… Continue reading Telewest And Flextech Report Losses Ahead Of Merger
The £8.2 billion cable merger between NTL and Cable & Wireless Communications (CWC) has been approved by the secretary of state following recommendations passed from the Competition Commission at the end of last month (see Competition Commission Reports On NTL/CWC Merger). Despite concerns from trade and industry secretary, Stephen Byers, that the merger might be… Continue reading Government Clears NTL/CWC Merger
Stock in BSkyB continued to rise (up 50p) despite the clearance by the Government of the merger of cable companies NTL and CWC (see Government Clears NTL/CWC Merger). BSkyB had opposed the deal under the current cable regulations, claiming that a merged company would be as dominant as Sky and should therefore operate on an… Continue reading Sharewatch
Cable group Telewest and pay-TV company Flextech, which are in the midst of a £2.3 billion merger, both reported poor year-end financial results today. The merger, which will create a vertically integrated company worth more than £12 billion, was cleared by the Department of Trade & Industry earlier this month. Telewest saw a rise in… Continue reading Telewest And Flextech Report Losses Ahead Of Merger
Total terrestrial revenue for February 2000 (including GMTV) came in at £221 million, according to agency estimates. Of this, revenue for the ITV Network rose 7.7% compared to February 1999, taking a total £152 million for the month; Channel 4 took £48 million, an increase of 7.5%, and Channel 5 saw its ad revenue grow… Continue reading TV Revenue Report – February 2000
The Commons Select Committee for culture, media and sport yesterday called for the return to the ITV evening schedule of News At Ten. This increases the pressure on the Independent Television Commission (ITC) to oppose the new schedule when it produces its report on the changes in May. The Select Committee is led by Gerald… Continue reading MPs Push For Return Of News At Ten
The Audit Bureau of Circulations (ABC), the body responsible for auditing sales of the UK’s magazines and newspapers, is to lose its chief executive next month. Simon Devitt, who has held the post since September 1998, is leaving the organisation to head up a new as-yet-unnamed business-to-business venture.There is currently no direct replacement for Devitt… Continue reading Devitt Resigns ABC Chief Executive Role
Mars-owned brand Tunes has signed a £1 million sponsorship deal with the EMAP Performance radio network. Targeting the youth market, the brand will use the strapline “Go Menthol in Ibiza” on dance music station Kiss 100 FM.A new Saturday night dance show has been created to promote the brand, to broadcast weekly across the network… Continue reading Tunes Signs Sponsorship Deal With Kiss 100
