Shares in Granada dropped yesterday as the posting of good year-end financial results by the group (see ITV Ad Revenue Helps Granada Profits) was marred by bid talk (see Granada Would Not Buy Scottish Media/Ginger Company, Says Chairman). Prices closed down 18p to 542˝p.The strong growth in TV advertising revenue announced by Granada, however, boosted… Continue reading Sharewatch
From the swanky, hard-to-find surroundings of Vinopolis in south London, ITV’s director of programmes David Liddiment yesterday unveiled details of the channel’s winter 2000 output.Promising that the new schedule contains a rich and diverse line-up of programmes, Liddiment kicked off the programme launch with a further statement about the demise of News at Ten and… Continue reading ITV Winter Schedule Offers ‘Best of British’ For Xmas & New Millennium
After much delay and anticipation from the TV industry, the first week of digital television viewing figures, for the week ending 7 November, have been produced by BARB. Only available to BARB subscribers, the figures currently cover just Sky Digital homes. Unsurprisingly, given the host of new channels which digital satellite offers, share of viewing… Continue reading Film Services Prove Popular In Digital Homes
The Radio Authority has announced details of the applicants for the Independent Local Radio Licence for South Wales after the deadline for applications passed yesterday. Seven applications have been submitted for the licence which covers Cardiff, Newport and Swansea and surrounding areas.The most highly publicised application is that of The Radio Corporation with its station… Continue reading Seven Applicants Bid For South Wales Licence
Satellite broadcaster BSkyB was yesterday forced to reduce its stake in Manchester United from 11.1 to 9.9% in order to comply with Premier League rules. The group’s acquisition of a 9.9% stake in Leeds Sporting, the parent company of Leeds United, in August this year (see BSkyB Takes £13.8m Stake In Leeds United), broke League… Continue reading BSkyB Reduces Stake In Manchester United
A 6.2% increase in the ITV ad revenue gained through Granada Media Sales has helped media and leisure company Granada to post an increase in pre-tax profit of 14% for the year ended 25 September 1999.This pre-tax profit of £835 million does not include the costs incurred by setting up digital terrestrial television service, ONdigital.… Continue reading ITV Ad Revenue Helps Granada Profits
Granada chairman, Gerry Robinson, has effectively ruled out the possibility of his company making a takeover bid for Scottish Media Group if the latter completes a buy-out of Ginger Media. Unveiling Granada’s annual financial results this morning, Robinson is quoted on the BBC News website as saying he would be “strongly against” buying an SMG/Ginger… Continue reading Granada Would Not Buy Scottish Media/Ginger Company, Says Chairman
Publisher United News & Media rose 37˝p to 703˝p as Deutsche Bank boosted the stock and highlighted the internet potential of the company.Granada climbed 8˝p to 560˝p as the media and hospitality group prepares to announce its year-end results today.Shares in Scottish Media Group fell as speculation surrounded the group over its reported bid for… Continue reading Sharewatch
The internet and e-commerce division of Flextech has agreed to buy a 77.5% stake in rock and pop ticketing agency Way Ahead. The deal, worth £7.2 million, will complete the groups online entertainment guide, SceneOne, by allowing visitors to buy tickets to advertised events immediately.The pay-TV group has been developing its SceneOne brand in recent… Continue reading Flextech Interactive Buys Ticket Agency
Chrysalis Radio has turned in an annual profit of £0.7 million for the 12 months ended 31 August 1999, according to the Chrysalis Group’s final results released today. The radio division’s profits were hit by the start-up costs of the new Galaxy 105-106 North East station, which launched in June this year, but were still… Continue reading Chrysalis Radio Moves Into The Black
