The creation of a single ITV company took another step forward this morning, as its proponents, Carlton and Granada, announced further details of an agreed merger plan.The two companies claim that a single ITV entity will “help to create a virtuous circle of maximising investment in quality programming, leading to increased viewing, generating greater advertising… Continue reading Carlton And Granada Move Closer To £2.6bn Single ITV Company
ITV has appointed controller of CBBC, Nigel Pickard, as its new director of programmes, replacing David Liddiment who leaves the Network at the end of the year (see Liddiment Quits ITV Director Of Channels Role).As controller of CBBC Pickard is responsible for the commissioning, production and scheduling of children’s and youth programming for BBC Television.… Continue reading ITV Appoints New Director Of Programmes
Digital marketing company, ValueClick, has been appointed by Streetmap to handle all of its advertising sales.The deal, which was signed after a six-month testing period, will see ValueClick’s media sales team manage all of Streetmap.co.uk‘s advertising inventory.Kate Sutton, commercial director of Streetmap, commented: “Advertising is vital to us- the majority of our users access map… Continue reading ValueClick Lands Ad Deal With Streetmap
Channel 4 has announced it is to invest £430m in programming next year but has claimed its 20th anniversary “doesn’t feel like an appropriate time for a celebration”.It has been a relatively bad year for Channel 4, which has suffered from the closure of its Film Four production arm and the expense of establishing digital… Continue reading Channel 4 To Invest £430m In Programming In 2003
David Montgomery’s venture capital-backed bid for SMG’s Herald and Sunday Herald publishing business is understood to be out of the running, possibly because the tabled offer was too low. If the reports are correct, the 3i Group-backed bid from former Mirror Group chief executive Montgomery will be the third major bidder to drop out of… Continue reading Montgomery May Be Out Of Herald Papers Bid
Shares in Reuters, the financial information group, plunged to a twelve year low this morning after the company revealed disappointing results for the third quarter. Total revenue fell 7% from £924 million to £857 million, with Instinet, the group’s electronic share trading service suffering a 25% drop in sales in the three months to September… Continue reading Reuters Stock Sinks Following Profits Warning
The creation of a single ITV company took another step forward this morning, as its proponents, Carlton and Granada, announced further details of an agreed merger plan (see Carlton And Granada Enter Advanced Merger Talks). The two companies claim that a single ITV entity will “help to create a virtuous circle of maximising investment in… Continue reading Carlton/Granada Move Closer To £2.6bn Single ITV Company
Granada, which last week announced plans to merge with fellow ITV powerhouse, Carlton (see Carlton And Granada Enter Advanced Merger Talks) has indicated its intention to take full control of Ireland’s TV3, according to a report in today’s Independent. The Irish commercial broadcaster is part-owned by Granada, CanWest Global Communications and a group of investors… Continue reading Granada Seeks To Increase Influence In Ireland
Carlton and Granada saw shares fall yesterday following a negative broker comment in the wake of their recent merger announcement (see Carlton And Granada Enter Advanced Merger Talks). According to reports, JP Morgan said the upside to the deal was now priced in, but the regulatory hurdles to be climbed remain significant. Carlton was down… Continue reading Sharewatch
As 2002 plays out and plans are made for 2003, Kate Sergeant, consultant at Media Audits, explains why the long term structural decline of ITV is key to media planners.Life used to be a lot simpler in the UK TV Market. Agencies could estimate the number of ratings they needed to buy to deliver to… Continue reading NewsLine Column: ITV’s Falling Share – The Media Planning Rules Are Changing
