NTL, Britain’s largest cable TV company, is looking to renegotiate a $500 million debt facility in a move that will delay its emergence from Chapter 11 bankruptcy, says a report in the Financial Times today. Bondholders have already agreed to a $10.6 billion debt-for-equity swap but NTL needs the facility to fund working capital when… Continue reading NTL Seeks To Change Debt Facility
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Mediaset, the Italian television group, is understood to have re-entered the auction for Kirch Media, the German media division of the collapsed Kirch empire (see News Corp Out Of The Running For Kirch, Says Report). According to the Financial Times, Mediaset has joined a consortium bid involving leading French broadcaster TF1 and US billionaire investor,… Continue reading Mediaset Rejoins KirchMedia Auction
Channel 4 and Channel 5 are understood to be preparing to approach competition regulators to prevent the creation of a single ITV on the grounds that it will control too much of the TV advertising market. Carlton and Granada announced plans to merge earlier this month ending a period of intense speculation about the future… Continue reading Rival Commercial Broadcasters Challenge ITV Merger
Week-on-week analysis of the media sector saw stocks mixed as investors considered negative guidance from major banks over the speed of the advertising recession and continued geopolitical uncertainty.Reuters was seen down 6.84%, despite heavy losses due to continued concern over weakness in the corporate finance sector. The group has also reportedly denied speculation that Unilever… Continue reading Sharewatch
The Millennium Stadium, Old Trafford and Murrayfield are just a few of the high-profile venues secured by Stadia, a new national advertising contractor set up to target sports fans at stadia across the country.The company, which was set up by former Wwwatt sales and marketing executive Ben Caulfield, specialises in placing ads on seat backs… Continue reading Stadia Targets Sports Fans With Seat-Back Ads
Freeserve has raised the stakes in the broadband price war by announcing plans to cut the cost of its high-speed internet package by 7%.The move, which will reduce the cost of Freeserve’s monthly subscription fee to £27.99, matches the price cut implemented by its main rival, AOL, earlier this month (see Broadband Connections Break The… Continue reading Freeserve Ups Stakes With Broadband Price Cut
Emap-owned FHM.com is moving into paid-for content with the launch of its High Street Honeys Uncut offering.The subscription only zone will require readers to pay £1 per month for access to a previously unseen database of pictures from the High Street Honeys supplement, which was published with October’s issue of FHM.The supplement was the result… Continue reading FHM Moves Into Paid-For Online Content
AOL and Lycos have voiced their enthusiasm for putting their online services on digital television in the UK.A spokesperson for AOL told NewsLine: “An awful lot of households have got digital television and while the usage is still relatively low, it represents a huge opportunity. The medium clearly has potential in the long run.”Interaction, convergence… Continue reading UK Internet Portals Look To Digital TV For The Future
OMDtvi has launched its first interactive advert for blue-chip financial group Barclaycard.The ad, which will be screened on the Sky Digital platform, will allow viewers to access an interactive digital zone specially created to allow users to receive more information about Barclaycard services.Barclaycard is testing the water with the new advertising campaign and is hoping… Continue reading OMDtvi Launches Interactive TV Ad For Barclaycard
ITV1 has today unveiled its new on-air identity which will launch next Monday as part of major overhaul designed to created a unified ITV1 brand.The channel’s new-look, which is the most extensive in its history, includes over 100 new idents designed to reflect a more coherent ITV1 brand, a new portfolio of on-screen graphics and… Continue reading ITV1 Reveals New On Screen Identity To Launch Next Week
