BSkyB would be interested in buying a stake in ITV companies Carlton and Granada if the Government changed the current cross media ownership laws, according to CEO Tony Hall. Speaking at the Royal Television Society conference in Cambridge, Sky’s chief executive said that if the current broadcasting laws were changed, Sky would consider investing in… Continue reading BSkyB Eyes Up Terrestrial Opportunities
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Stocks indices plummeted as the New York Stock Exchange, Dow Jones and Nasdaq opened today for the first time since the attacks on New York and Washington last Tuesday (see Insight Analysis: Can Traders Stabilise The Market As Wall Street Reopens?). This is despite a 0.5% cut in the US interest by the Federal Bank,… Continue reading Stock Falls As Wall Street Reopens
Pre-tax profits before exceptionals at Ulster Television (UTV) fell slightly in the six months to 30 June, mainly due to the downturn in advertising levels. Interim pre-tax profits came in at £6.4 million, compared to £20.4 million for the same period last year, which included the £13.4 million profit contribution from the sale of the… Continue reading Ulster TV Profits Fall, But Outperform ITV Network
The Federal Communications Commission (FCC) in the US is reviewing the cross-media ownership regulations that have so far prevented the ownership of television stations and newspapers in the same market. The FCC launched its sweeping review yesterday, although at this stage it is merely comments and information about the issues at hand that are being… Continue reading FCC To Review Media Ownership Restrictions
French media giant Publicis, owners of Saatchi & Saatchi, today announced that H1 results have fallen short of expectations but net profits after deductions were up by 3.8% on H1 2000, boosted largely by new billings. Publicis reported new billings in Q2 2001 of E700m compared with E105 billion and E850 million reported in new… Continue reading New Business Wins Boost Publicis Results
The media market showed signs of recovery yesterday after the FTSE 100 index closed at its lowest point for over a decade earlier in the week.However ITV partners, Carlton and Granada, showed little sign of being able to escape the gloom brought by the downturn affecting the broadcasting industry. Carlton, which could loose its place… Continue reading Sharewatch
The Independent Television Commission (ITC) has awarded BSkyB the licence to provide services through telephone and cable networks across the UK, increasing the broadcaster’s ability to compete with existing cable operators.BSkyB applied for the licence, which will allow it to offer a full range of multi-channel television and related services, in July, and plans to… Continue reading BSkyB Scores Local Delivery Licence
Cinema admissions in July reached 13.8 million, averaging over 3 million admissions a week, according to the latest figures from the Cinema Advertising Association (CAA).Family films dominated the box office during July and with the school holidays in full swing admissions were up 48% on June. However even the success of July’s top film Shrek,… Continue reading Family Fun At The Cinema In July
Emap Performance has launched Magic TV, a music channel aimed at “music loving adults in their late twenties.”The radio brand will be broadcast on Sky Digital round the clock and will be based on the same “video jukebox” format as Emap’s existing The Box brand.Emap has signed up Butlins, Columbia Tristar and Nestle to accompany… Continue reading Emap Brings Magic To Sky
The nation’s airwaves will fall silent at 11 O’clock this morning as TV and radio broadcasters across the country observe three minutes silence as a mark of respect for those who died in Tuesday’s terrorist attack on America.The BBC is suspending normal services across all of its TV and five radio networks in the UK… Continue reading Nation Falls Silent
