Culture Secretary Tessa Jowell has urged ITV Digital to continue negotiations with the Football League after the troubled digital TV platform was put into administration yesterday (see Administration For ITV Digital Confirmed).The League is threatening to sue ITV Digital’s joint owners, Carlton and Granada, for £500m to cover the outstanding £178m that the company owes… Continue reading Jowell Urges ITV Digital To Continue Talks
Scottish Radio Holdings (SRH) has released a trading update prior to the end of its half year on 31 March. The company indicated that while a decrease in group revenues is expected, its focus on local media has protected it from the full force of the media downturn.SRH’s revenue is expected to show a decrease… Continue reading SRH Expects 3% Decrease In Interim Revenues
Maiden Group this morning released full year results for 2002 revealing a decline in underlying sales although the company still outperformed the outdoor market. Outdoor sales revenue was £80.3 million, a slight increase on 2000 totals of £80.2 million. Underlying outdoor sales were down 0.8%, compared to decline in outdoor market of 2.8%. Maiden said… Continue reading Maiden Anticipates ‘Gradual And Measured’ Recovery In 2002
Scottish Radio Holdings (SRH) has released a trading update prior to the end of its half year on 31 March. The company indicated that while a decrease in group revenues is expected, its focus on local media has protected it from the full force of the media downturn. SRH’s revenue is expected to show a… Continue reading SRH Expects 3% Decrease In Interim Revenues
Silicon.com reports that BT is evaluating super-high-speed broadband, Very high-speed Digital Subscriber Line, in an effort to move towards the next generation of broadband access. The service can deliver a thousand times faster than via traditional telephone wires with a downstream time of 52 Mbps. Silicon.com predicts that BT will role out the new service… Continue reading BT To Launch ‘Next Generation Broadband’ In 2006
According to NetValue the number of ‘silver surfers’ in the UK is continuing to grow with more than 2 million people in the 55+ age group regularly accessing the internet. This is 13% of the total UK home online population. Sweden has the highest percentage of ‘silver surfers’ in Europe with the 55+ age group… Continue reading NetValue Reports ‘Silver Surfer’ Population Continues To Grow
Carlton and Granada saw shares rise yesterday on the possibility that they will no longer have to invest in troubled pay-TV platform ITV Digital, which has been put into administration (see Administration For ITV Digital Confirmed). Carlton was up 2.16% to close at £2.72, while Granada climbed 2.89% to finish at £1.42˝, an increase of… Continue reading Sharewatch
By 2006, entertainment on the mobile phone will generate 10p per subscriber per day according PPAi. In addition, 25% of all mobile subscribers in Europe will receive advertising. Pure information services, such as news and stock quotes, are expected to generate two pence per subscriber per day. Horoscopes, cartoons, soap opera updates and screen savers… Continue reading Mobile Phone ‘Entertainment’ Will Generate 10p Per User Per Day By 2006
The number of subscriptions to the internet increased by 15.3% between January 2001 and January 2002, according to the latest Index of Internet Connectivity report from the Office Of National Statistics (ONS).The report shows that subscriptions to ISPs rose by 4.3% during the first quarter of 2001 before falling during each month of the second… Continue reading Internet Connectivity Continues To Rise
Carlton and Granada have confirmed that an application has been made to the High Court for an administration order to be made in relation to ITV Digital. Deloitte & Touche, called in to review the group’s financial situation, will be appointed as administrators, as expected.A statement issued concludes: “The shareholders have agreed to provide short… Continue reading Administration For ITV Digital Confirmed
