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ITV has received a second bid from the investment consortium which approached the company last week, offering a cash alternative of 40p per share on top of the 86p in cash originally offered. The initial proposal was rejected by ITV last week, dashing the hopes of Apax Partners, Blackstone and Goldman Sachs, which had sought… Continue reading ITV Considers Second Bid With Added Cash Sweetener

ITV has rejected the second bid by Greg Dyke’s investment consortium, stating that the offer does not represent a good deal for current share holders. The revised bid was submitted to the ITV board last night, but met with unanimous rejection as the broadcaster’s management stated: “At over 7 times 2005 EBITDA, the board considered… Continue reading ITV Rejects Second Bid By Dyke Consortium

French entrepreneur and Havas chief executive, Vincent Bollore, has re-ignited speculation over his intentions toward British advertising group, Aegis. Speaking at a press conference the advertising boss, and chairman of Groupe Bollore, stated that “all options are open. We could strengthen our stake in Aegis,” hinting at an increase of his existing 25.5% share in… Continue reading Bollore Hints At Further Investment In Aegis

New research from GfK NOP has revealed a massive market for web-based television services in the UK, with one in three broadband users claiming to be interested in the technology. Almost one in three (32%) of UK broadband users state that they would be interested in a library of downloadable TV programming and films. This… Continue reading Research Shows Massive Market For Web TV

Sky has released preliminary usage figures for its broadband TV service, Sky By Broadband, unveiling impressive adoption figures for its first three months. More than 125,000 users have registered for the service, which enables subscribers to download films and sporting highlights direct to their PC. The system works in a similar way to the BBC’s… Continue reading Sky Sees Strong Uptake For Broadband TV Service

Channel 4 has re-commissioned its E4 Music Zone strand following a strong performance which the broadcaster claims is “on par” with rivals such as MTV and TMF.The re-commissioning will see E4 continue its eight hour daily block of music programming, featuring an eclectic mix of big name artists, brand new music and classic videos, hosted… Continue reading Strong Performance Sees E4 Re-Commission Music Strand

ITV1’s long running drama programmes The Bill and Footballers’ Wives delivered a sound beating to BBC One last night, flooring competition from rivals The Family Man and Waterloo Road.The Bill notched up an average adult audience of 5.2 million last night, compared with BBC One’s Waterloo Road, which drew 4.3 million in the same time… Continue reading ITV Drama Wins Head-To-Head With BBC

Sky has released preliminary usage figures for its broadband TV service, Sky By Broadband, unveiling impressive adoption figures for its first three months.More than 125,000 users have registered for the service, which enables subscribers to download films and sporting highlights direct to their PC.The system works in a similar way to the BBC’s integrated Media… Continue reading Sky Sees Strong Uptake For Broadband TV Service

ITV has rejected the second bid by Greg Dyke’s investment consortium, stating that the offer does not represent a good deal for current share holders. The consortium will not make a third approach, it confirmed this morning.The revised bid was submitted to the ITV board last night, but met with unanimous rejection as the broadcaster’s… Continue reading ITV Rejects Second Bid By Defeated Dyke Consortium

ITV has received a second bid from the investment consortium which approached the company last week, offering a cash alternative of 40p per share on top of the 86p in cash originally offered.The initial proposal was rejected by ITV last week, dashing the hopes of Apax Partners, Blackstone and Goldman Sachs, which had sought to… Continue reading ITV Considers Second Bid With Added Cash Sweetener