The Telegraph Group has established a separate company to house its new media division. Hollinger Telegraph New Media will develop the group’s online activities and expand its e-commerce opportunities.The new company, which has been in the pipeline for months (see Newsline Brief) will be headed by Hugo Drayton, currently marketing director and director of new… Continue reading Telegraph Forms New Media Group
Channel 5 and Bass have struck a deal to fund, produce and screen a series of 20 short films. Using the Bass’ Hooch brand the mini-movies are to be screened from this Sunday until millennium eve.Called “Sharp Shots” each film focuses on a strong role model who is passionate about their life and job and… Continue reading Channel 5 and Hooch Launch Millennium Movies
The Daily Mail & General Trust (DMGT) has this morning made a £121.5 million takeover bid for regional newspaper publisher Bristol United Press (BUP). The offer values BUP at 742˝p per share and has pushed the group’s shares up by an enormous 202˝p (39%) to 722˝p at 1:00pm today. BUP stock closed yesterday at just… Continue reading Daily Mail Makes £122m Agreed Offer For Bristol United Press
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
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
