Carlton Communications is to acquire a further 50% stake in Hamdon Entertainment, giving the group sole control of the Los Angeles-based business, which is the one of the largest worldwide co-producers, financiers and distributors of made-for-television movies. The acquisition is part of a ten-point plan announced by the group in May this year (see Carlton… Continue reading Carlton Expands Its US Interests
Announcing the first interim reports since he became chairman, Don Cruickshank summed up a “successful” six months for the Scottish Media Group. Within this period, which has seen the launch of a new newspaper, the Sunday Herald, and a new digital television channel, S2, as well as the loss of the Channel 4 rebate, SMG… Continue reading Scottish Media Reports Six-Month Rise In Profits
Telewest Communications saw a dramatic rise in its share prices yesterday. The cable company, which has seen falls since announcing its acquisition of Cable London (see Telewest Takes Control Of Cable London In £428m Deal) saw a rise of almost 4%.Capital Radio continued to make gains after the Radio Authority last week awarded the CE… Continue reading Sharewatch
The Scottish Media Group has announced this morning that it has bought a stake worth £8 million in Edinburgh football club Heart of Midlothian. The group, which owns Scottish and Grampian Television and the Herald newspaper, will assist the club in its media and merchandising activities.The acquisition, which values shares in Hearts at 140p each,… Continue reading Scottish Media Group To Take Stake In Hearts
Shares in Capital Radio and Emap saw dramatic rises after last week’s announcement that the CE digital consortium, in which they are joint partners, had won the first digital multiplex licence for London (see Capital And EMAP Win First London Digital Licence). Shares in Capital were up by over 3.5% to close at 911˝p while… Continue reading Sharewatch
British Sky Broadcasting yesterday announced the appointment of its new general manager. Richard Freudenstein, who will join the company next month, will have particular responsibility for the further development of its digital services.Freudenstein is currently employed as director of operations and business development at Fox-Tel, the Australian pay-TV group. Speaking about his appointment Tony Ball,… Continue reading Sky Gets New General Manager
Regional newspaper group Trinity was issued with a deadline for the required disposal of its Northern Ireland titles on Friday, making its £2 billion deal with the Mirror Group wholly unconditional from today. The Department of Trade and Industry has allowed the regional newspaper group 12 months to sell the titles, which include the Belfast… Continue reading Trinity-Mirror Deal Gets ‘Unconditional’ Go-Ahead
Chrysalis Radio has confirmed it is still in the running for a digital multiplex licence for London after the Radio Authority announced last week that due to demand two more licences for the capital would be made available (see Capital And EMAP Win First London Digital Licence).Phil Riley, chief executive of Chrysalis Radio, was positive… Continue reading Chrysalis Radio To Bid For Second London Licence
In the week of its launch the BBC’s free internet service provider, freebeeb.net, was ordered offline by a coalition of Britain’s biggest internet publishers. BIPA (British Internet Publishers Allliance), which includes United News & Media, News International, ITN and Emap have written to culture secretary Chris Smith complaining that the service, freebeeb.net, will have an… Continue reading BBC ISP “Will Distort The Market”
The Radio Authority (RA) has this morning announced the award of the London digital multiplex licence to CE Digital, a consortium formed by Capital Radio and EMAP. The Authority considered applications from three groups for the London licence, the only digital licence to be contested. The unsuccessful applicants in this round were Switch Digital –… Continue reading Capital And EMAP Win First London Digital Licence
