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Shares in the free internet service provider Freeserve began trading at 225p, well above the 150p parent company Dixon were offering. Shortly afterwards the price fell to 196.5p and is currently trading around the 200p mark.

Julian Rigamonti has joined Classic FM as a sponsorship executive, reporting to department head Karen Morris. Mr Rigamonti had previously worked at the Granada Media Group and TSMS.

Talk Radio has today announced that it has acquired The Radio Partnership Limited (TRP). The takeover will mean that the new radio company will become the fifth biggest in the UK and will give Talk control of: 96.4FM The Wave, Swansea Sound and Valleys Radio in South Wales; The Wave 96.5 FM in Blackpool; Pulse… Continue reading Talk Radio Buys The Radio Partnership

Impacts ITV’s impacts were down for all audience categories year on year in June. This was due to the especially high number of impacts last year caused by the Network’s coverage of the World Cup. Men dropped back by 19.1% to 8,714 and ABC1 Adults were down 12.9% to 8,209. Conversely, Channel 4 enjoyed increases… Continue reading TV Round-Up – June 1999

NTL has today acquired the telephone, internet and television operations of Cable & Wireless Communications plc (CWC ConsumerCo), at a cost of £8.2 billion. The deal to buy CWC is being backed by France Telecom, which has spent $5.5 billion increasing its stake in NTL from its current position of 10% (see NTL Enters Exclusive… Continue reading NTL Spends £8.2bn On Cable & Wireless Communications

Following reports that Gavyn Davies’ review of funding at the BBC may recommend a £35 increase to the licence fee, nine of the leading commercial television broadcasters met yesterday in London to formalise a collective lobbying strategy. Of particular concern to the group is the possibility that the BBC may introduce an increase of £35… Continue reading Commercial Broadcasters Unite Against BBC ‘Digital Tax’

The start of the fifth series of Friends has given Channel 4 a welcome boost to its Friday night line-up. The episode featuring the aftermath of Ross’ wedding day mix up, attracted an audience of 5.81 million and had a consolidated viewing share of 29%. The presence of such a strong leader programme helped push… Continue reading TV Viewing Summary W/E 11.07.99

News that French media and utilities group, Vivendi, had increased its stake in BSkyB to 24.5% sent a number of media stocks soaring. BSkyB itself finished up 5p at 555˝p. Vivendi acquired Pearson and Granada’s minority stakes in Sky for £825 million, valuing the satellite broadcaster at 600p per share (see Vivendi Raises Stake In… Continue reading Sharewatch

The Department of Trade and Industry (DTI) has this morning approved the takeover bids for Mirror Group by both Trinity and Regional Independent Media (RIM) (see Trinity Offers £1 Billion For Mirror Group). However trade and industry secretary, Stephen Byers, has stipulated that Trinity divest of its four Northern Ireland titles – the Belfast Telegraph,… Continue reading DTI Approves Mirror Group Takeover Bids

The Office Of Fair Trading (OFT) is to review undertakings given by ITV companies, Granada and Carlton, and broadcasting and financial services group, MAI, which limit each company’s control of TV advertising revenue to 25% of the market.In 1994 Granada acquired LWT, Carlton acquired Central Television and MAI bought Anglian Television. The result of these… Continue reading OFT To Review ITV Companies’ Revenue Share Restrictions