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January was a difficult month all round, with all channels recording a year on year decrease in commercial revenue. The biggest fall was recorded by Five, which was down 42.8% on January 2008’s total to stand at £11.06 million.Following the release of its annual results (see ITV’s profits down by 41%), ITV1 continued to suffer… Continue reading TV Market Round-Up – January 2009

The BBC Trust has confirmed that it will bring “greater clarity” to BBC Worldwide’s business activities in a bid to ensure they align with the corporation’s PSB purposes, in an interim statement on its review of commercial activities.The Trust also plans to make changes to “BBC Worldwide’s detailed control framework to establish a more contained… Continue reading BBC Trust to reign in BBC Worldwide’s remit

Video-on-demand (VoD) libraries and widgets will be the first generation of video services driving adoption of connected television experiences in the U.S., according to a new report from Parks Associates. Parks Associates said that consumer electronics manufacturers and service providers will benefit from higher margins and ARPU generation in providing these web-like experiences via the… Continue reading Strong US interest in VoD libraries and TV widgets

David Brennan, research and strategy director of Thinkbox, speaking at ISBA’s annual conference yesterday, pointed to the “serious growth” in use of TV over the internet (or Me TV as he labelled it), and described the advertising opportunities around this as a “real extension to broadcast TV”.Brennan bemoaned the lack of audience research data to… Continue reading Thinkbox uses ISBA platform to urge BARB to “get a move on”

There was little mercy being shown to a beleaguered ITV from ISBA director general Mike Hughes when he opened the annual conference this morning.Speaking about CRR (Contract Rights Renewal) which is being reviewed currently by Ofcom, Hughes stated that ISBA does not want CRR dropped, but would be open to seeing it amended. However, he… Continue reading ISBA and Ofcom restate CRR position as ITV hacks costs

ITV is set to slash a further 600 jobs, cut £65 million from its programme budget and sell Friends Reunited and SDN in a desperate attempt to recover finances following its 41% profit decline.The struggling broadcaster today reported an adjusted pre-tax profit fall of 41% in 2008 to £167 million and a 32% drop in… Continue reading ITV’s profits down by 41%

ITV remains confident in the long-term course set by its content-led strategy, but will it be able to survive in the short-term?ITV today announced total losses of £2.7 billion after a huge downward realignment of its asset valuation – the broadcaster reported a pre-tax profit fall of 41% in 2008 and a 20% decline in… Continue reading Can ITV survive in the short-term?

BSkyB has expressed interest in buying the recently re-branded UKTV portfolio, which is currently 50% owned and operated by rival Virgin Media.Speaking at a conference in Florida, Sky’s chief executive Jeremy Darroch said that content companies are in Sky’s sights, according to reports.“We will look at acquisitions if we think they can advance our strategy,… Continue reading Sky expresses interest in UKTV acquisition

ITV and Setanta are set to renegotiate the payment terms of their £425 million rights deals with the Football Association.Setanta is thought to of delayed making a payment of £10 million on its £150 million contract, while ITV has met its payments so far, but is attempting to reassess the schedule so that is has… Continue reading ITV and Setanta renegotiate football rights deal

Luke Johnson, chairman of Channel 4, has expressed confusion at a story in the Sunday Telegraph regarding merger talks between BT and Channel 4.Johnson told MediaWeek.co.uk: “I am not sure how the story came about, as we held a meeting with BT Vision more than a year ago.“The company might have submitted an interest in… Continue reading Johnson reacts to BT Vision/Channel 4 merger speculation