The High Court has reserved judgement in the action brought by the Football League against Carlton and Granada’s bankrupt pay-TV venture, ITV Digital.The two media owners are hoping that the court will rule that no parent guarantees were in place when ITV Digital collapsed in April owing £178.5 million from a three-year broadcasting contract with… Continue reading Judgement Reserved On ITV Digital Debt
IPC tx has formed a partnership between TVTimes and ITV which will see the magazine provide content for ITV Online’s new TV Guide.Caroline Ward, managing director of IPC tx said: “[This deal] is an excellent example of our strategy in action: driving new revenues from our powerful content and brands across new platforms through partnership… Continue reading TVTimes In ITV Online Content Deal
BSkyB’s full-year financial results, released this morning, have beaten analysts’ expectations, with 214,000 subscribers added in Q4, taking the total to 6.1 million. This is around 40,000 customers more than consensus growth estimates. The customer growth figures imply a strong customer uptake from the failed ITV Digital business, according to analysts at ABN Amro. Average… Continue reading BSkyB Results Beat Expectations With 6.1m Customers Now Signed
Europe’s largest outdoor advertising contractor, JCDecaux has released half-year results showing a 0.9% decrease in advertising revenues. Overall revenue growth for the first six months of 2002 came to 3.3% with street furniture generating growth of 3.9% to E413 million. Revenue from billboard units also increased by 1.4% to E202 million. On the downside, revenues… Continue reading JCDecaux Reveals Falling Revenues
Trinity Mirror, the UK’s largest newspaper publisher, has noted signs of improvement in advertising conditions but stops short of forecasting an imminent recovery, following the release of first half results today. The company’s pre-tax profits fell to £78.4 million in the first six months of 2002, compared with £80.6 million for the same period last… Continue reading Trinity Mirror Remains Circumspect On Ad Prospects
30.07.02 Channel 5 could be sold off as part of a restructuring programme at the German media group, Bertelsmann, according to a report in today’s Financial Times. Gunter Thielen, the new chairman and chief executive, is expected to conduct a thorough review of the conglomerate’s worldwide operations with a view to selling off unprofitable divisions.… Continue reading Bertelsmann May Sell Channel 5 Stake
The High Court yesterday reserved judgement in the action brought by the Football League against Carlton and Granada’s bankrupt pay-TV venture, ITV Digital (see Carlton And Granada To Defend Football League Attacks). The two media owners are hoping that the court will rule that no parent guarantees were in place when ITV Digital collapsed in… Continue reading Judgement Reserved On ITV Digital Debt
French advertising network, Havas, has posted revenues down 3.4% year on year for the first half of 2001. The fall adjusted for currency changes and acquisitions stood at 5.4%, according to ABN Amro. However, the figures were more or less in line with the broker’s expectations and new business wins in the first half were… Continue reading Havas Sees Continuing Ad Decline In 2002
Radio companies suffered yesterday following reports that a parliamentary committee is set to advise the Government to prohibit non-European investors from buying UK media assets (see Government To Face Opposition Over Media Ownership). Chrysalis saw shares fall 4.23% to close at £1.81, GWR was down 2.46% to finish at £1.98 and Capital slipped 0.87% to… Continue reading Sharewatch
NTL has announced that it now has more than 300,000 broadband internet customers, taking its broadband penetration level to over 13% of homes where the service is available.The company, which recently launched what it claims to be the UK’s fastest broadband internet service for residential users (see NTL Unveils UK’s Fastest Internet Service), has also… Continue reading NTL Exceeds 300,000 Broadband Internet Customers
