Reed Elsevier has announced that it is on track to deliver on its target of 5% organic revenue growth for the year, although its eduction division has suffered from underperformance and a weak textbook market. In an update on trading, Reed Elsevier said that it is performing well in the Science and Health markets, with… Continue reading Reed Elsevier On Target To Deliver 5% Revenue Growth
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RTL, Europe’s largest broadcaster, is understood to be working with private equity backers on a possible £5 billion bid for ITV.According to a report in today’s Financial Times, the RTL bid would see private equity groups putting forward most of the funds needed to acquire ITV, as this would allow RTL to acquire a stake… Continue reading RTL And Equity Firms Could Make Bid For ITV
RTL, the German media group, is apparently working with private equity backers on a possible £5 billion bid for ITV. The RTL bid, according to today’s Financial Times, would see private equity groups putting forward most of the funds needed to acquire ITV. A deal structured in this way would enable RTL to acquire a… Continue reading RTL And Equity Firms Could Make ITV Bid
Sir Martin Sorrell, chief executive of WPP, has named Michael Jackson, former head of Channel 4, as his preferred candidate for the chief executive role at ITV. According to reports in the trade press, Jackson, at the moment president of programming at InterActiveCorp, is being lined up to become chief executive if the NTL/ITV merger… Continue reading Sorrell Gives Jackson Backing For ITV Top Job.
Ofcom today announced a total ban on advertisements for food and drink products which are high in fat, salt and sugar (HFSS) in all children’s programming, broadcast at any time of day or night, which hold particular appeal for children up to 16. Ofcom has estimated that the impact on total broadcast revenues could be… Continue reading TV Junk Food Ban Could See Channel’s Lose £39 Million Per Year
Arqiva has announced the signing of a sale and purchase agreement (SPA) with BT to acquire the full-time service components of BT’s satellite broadcast services business for £25 million in cash. The deal will include long-term customer contracts, operations and personnel located in the USA, France, Italy and the Netherlands, as well as the UK.… Continue reading Arqiva To Acquire BT’s Satellite Broadcast Business
Merrill Lynch (ML) is again raising its US online ad forecasts, to account for the third quarter IAB results and its own higher fourth quarter growth estimate. ML is now forecasting Q4 growth of 30% year on year, up from 27%, and full year growth for 2006 of 34%, up from 31%. For the full… Continue reading Merrill Lynch Raises US Online Ad Forecast
Channel 4 is to launch an on-demand service from December 6, offering over 500 hours of content to PC users for up to £1.99.The 4oD service will give users up to 30 days to access repeats of current shows such as Ramsay’s Kitchen Nightmares and Hollyoaks.TV programmes will cost 99p and films will cost £1.99… Continue reading Channel 4 To Launch On-Demand Service
An average of 5.9 million adults watched England’s friendly 1-1 draw with Holland on BBC One last night, taking a 29% audience share for the broadcaster between 7pm and 9pm.I’m A Celebrity… Get Me Out Of Here remained the most watched programme in the 9pm to 10pm timeslot, despite losing viewers from the series’ first… Continue reading England Friendly Lures Just Under Six Million To BBC One
3G mobile customers will from December be able to access their home television channels via their mobile phone handsets, after the company agreed a partnership with electronics firm Sling Media Inc.The SlingPlayer Mobile delivers the home TV experience on mobile handsets using standard 3G network connections. Any programme that can be watched at home will… Continue reading 3 Signs Mobile TV Partnership With Slingbox Company
