Carlton is emerging as the most likely target for a takeover bid by Granada. Shares in the group rose rapidly as news of Granada’s formal submission to the OFT (see Granada Poised To Bid For Rivals) affected prices.This morning Granada sent a letter to the Stock Exchange confirming its interest in acquiring one of the… Continue reading Market Backs Carlton As Most Likely Target For Granada
The Sunday Telegraph is to launch a travel supplement on January 17. The Radio Authority has invited applications for a digital radio multiplex licence for the Bristol and Bath region, to reach 800,000 adults. Chrysalis Radio is extending its Galaxy brand by launching a number of goods associated with the product, including a range of… Continue reading Newsline Brief
Carlton Communications and United News & Media have issued a joint response to Granada’s formal statement to the Office of Fair Trading today in which it sought consent to merge with either group (see Granada Poised To Bid For Rivals). The announcement came in response to the proposed merger plans between Carlton and United, revealed… Continue reading Carlton And United Respond To Granada Decision
Media and leisure group Granada has this morning joined the bidding war for ITV franchises by making a formal submission to the Office of Fair Trading for consent to merge with either Carlton or United News & Media. A decision of this kind has been expected since November when the two smaller groups announced plans… Continue reading Granada Poised To Bid For Rivals
Sport First yesterday launched a £250,000 three-month promotional campaign during which the Sunday sports paper hopes to expand on the recent growth in its circulation figures.The main focus of the campaign will be on radio, with two national and twenty regional commercial stations taking part. Other media and trade promotional advertising is also planned.Managing director… Continue reading Sport First Launches Major Ad Campaign
Shares in Granada fell as the media and leisure group made a formal submission to the Office of Fair Trading to seek consent to make a bid for either Carlton Communications or United News & Media (see Granada Poised To Bid For Rivals). Prices fell 14˝p to 581˝p.The Daily Mail & General Trust was one… Continue reading Sharewatch
ITV is expected to narrowly miss its self-imposed peaktime audience share target of 39% for 1999, despite putting in a strong performance in the latter half of the year. With only one week of consolidated viewing data to be produced by BARB, ITV is on target to take an average peaktime share of viewing, across… Continue reading ITV Peaktime Share Expected To Narrowly Miss Target
Revenue Total terrestrial television revenue for November 1999 (including GMTV) came in at £274.9 million, according to agency estimates. Of this, the ITV Network took £191.9 million, up 10.2% on November 1998; Channel 4’s revenue was up 5.4% at £57.8 million and Channel 5 took £16.9 million, a year on year rise of 15.1%.Revenue for… Continue reading TV Round-Up – November 1999
Open access to cable networks could be enforced if the planned merger between cable companies NTL and CWC is allowed to go ahead. As the Competition Commission began its investigation into the planned merger yesterday the issue of access was the first to be raised by a panel of media commentators invited to question the… Continue reading Cable Merger Could Lead To Open Networks
The whole FTSE index has experienced record plunges this week and media stock has been affected by the falls.Global advertising group WPP was one of the worst performers. Its prices took a tumble after a US investor ditched a large number of shares in the company. Prices fell 95p to 875p, a fall of almost… Continue reading Sharewatch
