The Competition Commission has allowed the acquisition by Vivendi of a minority stake in BSkyB (see Vivendi Raises Stake In BSkyB To 25%). The decision was announced yesterday by the Secretary of State for Trade and Industry, Stephen Byers, who had referred the case to the commission last year (see Cable & Wireless Communications “Disappointed”… Continue reading Vivendi Given Clearance For BSkyB Stake
There was speculation yesterday that US Internet portal Yahoo! was considering a takeover bid for Emap. Shares in the UK magazine publishers reached a peak three months ago of £17.73. Yesterday they closed 141p up at £11.00.Reuters Group released first quarter results showing solid revenue growth. In response shares in the group rose 23p to… Continue reading Sharewatch
Outdoor advertising group TDI has today announced a number of senior management appointments. The news comes in anticipation of further growth throughout Europe following a number of acquisitions earlier this year.Tom Goddard, currently executive director of TDI, takes on the new role of chief operating officer for TDI Europe. Reporting to TDI Europe chief executive… Continue reading TDI Unveils Management Shake-Up
Month On Month Monthly national newspaper circulation figures for March, released by the ABC this week, show an impressive increase in sales from the Racing Post, which climbed 20% compared to February, and a significant increase by the Financial Times, which saw its circulation base grow by almost 6% compared to last month.The Sunday Business… Continue reading National Newspaper ABC Round Up – March 2000
The underlying rate of inflation fell to a record low of 2% last month, according to official figures. The key index, used by the Bank of England to set interest rates, which excludes mortgage payments, fell from 2.2% in February to 2.0% in March, slipping further from the Government’s target rate of 2.5%. This places… Continue reading Inflation Falls To Record Low Of 2%
There was widespread support amongst digital television executives yesterday for the prospect of an “analogue switch-off Czar”. The call for a stronger government lead on the issue came from Stuart Prebble, chief executive of ONdigital, who was addressing the 5th Annual European Strategy Summit on UK Digital TV, organised by IBC Global Conferences. Mr Prebble… Continue reading Digital TV Executives Call For An Analogue Switch-Off Czar
Granada Media Group today announced plans to provide free internet access through television sets. An alliance with PowerChannel Europe will allow the group to provide UK consumers with a TV internet box allowing full net access.The boxes will be available through Granada Rental shops from July. Customers will pay a £30 refundable deposit and will… Continue reading Granada Media To Provide Net Access Through TV Sets
Scottish Radio Holdings today allowed itself the chance to re-enter the bidding war for Border TV by announcing the withdrawal of its “no increase” statement made on 11 April, leaving open the possibility that it may make a higher offer for the group.SRH announced its final bid of £141 million for Border last week after… Continue reading SRH Leaves Its Options Open Regarding Border
Month On MonthMonthly national newspaper circulation figures for March, released by the ABC this week, show an impressive increase in sales from the Racing Post, which climbed 20% compared to February, and a significant increase by the Financial Times, which saw its circulation base grow by almost 6% compared to last month.The Sunday Business saw… Continue reading National Newspaper ABC Round Up – March 2000
The takeover battle for Border Television, and the resulting control of its television and radio businesses, appears to have been won by Capital Radio, as the two reached a preliminary merger agreement last week. Capital eventually entered the fray after a hostile approach to Border, the last remaining independent ITV company, was made by Scottish… Continue reading Feature: Border/Capital Deal Would Create Radio Group To Rival EMAP On Air
