RTL Group has floated on the London Stock Exchange today with a market capitalisation of £16.6bn. This figure is well above the price of £14bn anticipated when the listing date was announced earlier in the month (see Pan-European Broadcaster Announces London Listing Date).A surge in the shares of Audiofina is thought to account for the… Continue reading RTL Lists On Stock Exchange With Value Of £16.6bn
Granada Media and Liverpool Football Club are to unite in order to exploit the club’s new media and commercial rights to delayed coverage of Liverpool’s Premier League matches across online and broadband media.The new business will create a LiverpoolFC.com, a portal including entertainment, e-commerce, education and personalised services content created by Granada Media. The portal’s… Continue reading Granada Teams Up With Liverpool To Create Broadband Fan Portal
Last month’s Euro 2000 competition was certainly good for network television – ITV’s ad revenue for June grew by 20% annually to £168.7 million – but for cinema the footy meant a sharp fall in admissions year on year. UK cinema admissions fell by 30% during June as the film distributors held back the release… Continue reading Feature: Cinema’s Success Fades During Football Season
Revenue Agency estimates put year on year growth in terrestrial television revenue (including GMTV) at 19.6%, with the total now at £245 million. This comprised ITV revenue’s 20% rise, Channel 4’s growth of 15.3%, Channel 5’s revenue rise of 33.8% and GMTV’s 7.5% year on year increase.Total satellite revenue increased by 12.5% year on year.Carlton… Continue reading TV Market Round-Up – June 2000
British Sky Broadcasting is expected to announce an early switch-off date for its analogue services in its annual financial results tomorrow. The satellite broadcaster is believed to planning to turn off its analogue signal in August 2001, a year and a half earlier than expected.The group launched its digital service in October 1998 and has… Continue reading BSkyB Seeks Early Analogue Switch-Off
A new radio consortium has been formed to bid for regional digital radio businesses in England and Wales. Guardian Media, Capital Radio, Chrysalis and Jazz FM have joined forces under the name MXR to bid for digital multiplexes in the West Midlands, North West, Yorkshire, North East and Severn Estuary/South Wales.Between them the four shareholders… Continue reading New Digital Radio Consortium Targets Regions
United News & Media has announced that it has agreed to sell the European business of its Miller Freeman subsidiary to Reed Elsevier for £360m in cash. The group sold off the US arm of the business last week (see United Disposes Of Miller Freeman USA) and today’s sale completes the divestment programme announced in… Continue reading United Completes Divestment As Rivals Prepare For Carve-Up
RevenueAgency estimates put year on year growth in terrestrial television revenue (including GMTV) at 19.6%, with the total now at £245 million. This comprised ITV revenue’s 20% rise to £169 million, Channel 4’s growth of 15.3% to £53 million, Channel 5’s revenue rise of 33.8% to £18 million and GMTV’s 7.5% year on year increase… Continue reading TV Market Round-Up – June 2000
Daily Mail was the best performer in the FTSE 100 yesterday, gaining nearly 78p to end £10.81. This followed the group’s acquisition of Australian Trade Exhibitions.NatMags is set to become more of a rival to Emap, thanks to its recent acquisition of Gruner & Jahr (see NatMags Grabs Gruner and Jahr). However, Emap did not… Continue reading Sharewatch
Worldwide ecommerce revenues are expected to growth from $185 billion in 2000 to $336 billion next year, $684.3 billion in 2002 and $1.26 trillion in 2003, according to new forecasts from eMarketer. The report also predicts that online business marketplaces will become more popular and grow in complexity, with small business being the primary users.… Continue reading Ecommerce Revenue To Reach $1.26 Trillion By 2003
