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Cable operator NTL has announced that it has entered into a definitive agreement to sell its broadcast business to a consortium led by Macquarie Communications Infrastructure Group (MCG) for a purchase price of GBP 1.27 billion. While subject to regulatory approval, the deal is expected to be closed in the first quarter of 2005. The… Continue reading NTL To Sell Broadcast Business For £1.27 Billion

Newspaper heavyweight Daily Mail & General Trust has announced preliminary results for the year ended 3rd October 2004, revealing adjusted profit before tax of £234 million, up 26% on the figure for last year, spread across the Group’s businesses and marking significant growth in all aspects of the company. In particular, the performance reflects growth… Continue reading DMGT Reveals Profits And Forecasts Continued Growth

Newspaper giant Daily Mail & General Trust saw its stock price climb yesterday, adding 0.62% to close at 725p ahead of positive final results unveiled this morning.The publishing group announced adjusted profit before tax of £234 million, an increase of 26% compared with the equivalent figure for last year. The group cites excellent growth in… Continue reading Sharewatch: DMGT Rises Ahead Of Positive Results

Student union TV specialist SUBtv has announced the creation of a new inter-university games tournament, promoting computer games firm Ubisoft’s latest action game, Tom Clancy’s Ghost Recon 2.The tournament will see players from universities across the country battle for supremacy, while filmed by SUBtv and broadcast across its network of plasma screens to union bars… Continue reading SUBtv Promotes Ubisoft Game With Internet Tournament

Newspaper heavyweight Daily Mail & General Trust has announced preliminary results for the year ended 3rd October 2004, revealing adjusted profit before tax of £234 million, up 26% on the figure for last year, spread across the Group’s businesses and marking significant growth in all aspects of the company.In particular, the performance reflects growth from… Continue reading DMGT Reveals Profits And Forecasts Continued Growth

The BBC looks set to retain its licence fee during its next ten-year charter period, but could switch to a different funding structure in the following years, including the creation of a subscription only service, according to the Government’s leading advisor for charter review, Lord Burns.Delivering a 24-page report on the Corporation to the Government… Continue reading BBC Funding Set For Overhaul After Next Charter Period

Britain’s smallest terrestrial broadcaster, Five, put in a strong performance during October, notching up a revenue increase of 11.6% year on year to just under £29.6 million as the broadcaster explored merger possibilities with rival Channel 4.The revenue increase is more than double that of Channel 4, which rose by 5.6% in the same period… Continue reading TV Market Round-Up – October 2004

BBC One will headline its winter schedule with a big-budget docudrama showing the consequences of a volcanic eruption in America’s Yellowstone national park, hoping to draw viewers with combined programming worth £178 million over the winter season.The move underlines the BBC’s commitment to high-quality drama with the series based on specially commissioned research from several… Continue reading Disaster Strikes For BBC’s Winter Schedule

Television audience measurement body BARB has announced that it will extend its research contracts for a further three years from 1st January 2007, giving the organisation responsibility for audience measurement until 2009.BARB states that the extension will allow flexible evolution of its measurement service in the face of changes in the television industry. BARB will… Continue reading BARB Extends Research Contracts Until 2009

Britain’s smallest terrestrial broadcaster, Five, put in a strong performance during October, notching up a revenue increase of 11.6% year on year to just under £29.6 million as the broadcaster explored merger possibilities with rival Channel 4.The revenue increase is more than double that of Channel 4, which rose by 5.6% in the same period… Continue reading TV Market Round-Up – October 2004