Raymond Snoddy says News Corp shares were up 8% on the mere prospect of a demerger and there could be a further modest rise when the deal is actually completed. If you can add say 10% to the value of a multi-billion corporation by what is little more than a paper transaction why on earth would you not do it?
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We have to wait years for Alan Partridge to pop up but some people you just can’t get rid of. Last night Gordon Ramsey was back on our screens, looking fresh with a new and improved barnet and surprisingly smooth face, finally at ease with his TV appearance.
Investec predicts a tough summer for ITV with negative ad revenue forecasts for July and August.
Social television network Zeebox is set to debut in the US within the next two months, and hopes to attract six million users to its two screen technology inside half a year.
BT Vision’s purchase of the rights to 38 live Premier League matches over the 2012/13 season is predicted to only return around £500 million in revenue, just two-thirds of the telecommunications company’s investment.
The TV App Agency has released an app for Absolute Radio that allows users to control their TV with their voice as well as their smartphone.
News Corporation has issued a statement confirming that is is “considering a restructuring to separate its business into two distinct publicly traded companies”.
ITV1 enjoyed a 3.6% increase in network revenue for May, according to latest agency estimates. It was the only broadcaster in our analysis to record a rise, with Channel 4, Channel 5 and ITV Breakfast all posting year on year declines.
Last night, after years of waiting and armed with nothing but blind faith, the true believers were rewarded as Alan Gordon Partridge returned to our TV screens after a nine year absence.
David Hellier, deputy editor at City AM, wonders how bold BT Vision will be following the recent football rights deal when it comes to taking subscribers away from BSkyB and Virgin Media…