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ITV has rejected the second bid by Greg Dyke’s investment consortium, stating that the offer does not represent a good deal for current share holders. The consortium will not make a third approach, it confirmed this morning.The revised bid was submitted to the ITV board last night, but met with unanimous rejection as the broadcaster’s… Continue reading ITV Rejects Second Bid By Defeated Dyke Consortium

ITV has received a second bid from the investment consortium which approached the company last week, offering a cash alternative of 40p per share on top of the 86p in cash originally offered.The initial proposal was rejected by ITV last week, dashing the hopes of Apax Partners, Blackstone and Goldman Sachs, which had sought to… Continue reading ITV Considers Second Bid With Added Cash Sweetener

Reports this morning suggest BT’s head of media, Steve Huddleston, has been invited to become the first chief executive of TV marketing body Thinkbox, marking growing acceptance of BT as a player in the television industry.The move would conclude a lengthy search for a chief executive, which has been part of Thinkbox’s roadmap for several… Continue reading BT Media Boss Approached For Thinkbox CEO Post

Channel 4 has secured the terrestrial rights to broadcast this year’s World Superbike championships, broadening its offering for sports fans.The coverage will include programming around the race meeting, presented live from the site of each race. Each programme will include background information on the riders and teams, technical analysis of the bikes and tracks, as… Continue reading C4 Wins Superbike Rights To Broaden Sports Offering

The BBC has embarked upon its largest marketing offensive since the “Perfect Day” campaign, seeking to highlight its real-life value, with the tagline “This is what we do.”The campaign highlights some of the Corporation’s achievements, including footage of warzone reporting by John Simpson, and a behind the scenes look at BBC One’s Planet Earth.Comprising four… Continue reading BBC Launches Marketing Drive To Convey Value

Total UK online advertising expenditure in the UK rose by 65.6% in 2005, reaching £1.4 billion and enjoying a market share of 7.8%.According to new figures released by the Internet Advertising Bureau (IAB), online media is driving the growth of the entire advertising market. Adspend across all other media combined fell by almost £200 million… Continue reading UK Online Adspend Up By 65.6% In 2005

TV marketing body Thinkbox has appointed Tess Alps as its first CEO, dashing press predictions this morning that BT’s head of media, Steve Huddleston, had scooped the top job.Following her appointment Alps, currently chairman of the PHD Group in the UK, will work closely with Channel 4, Five, GMTV, IDS, ITV, Sky, Turner and Viacom… Continue reading Thinkbox Spurns Speculation To Appoint Alps First CEO

Telecoms giant BT is to launch its wholesale mobile TV service within four months, providing users with a choice of around six crystal clear channels, in addition to 350 DAB radio stations, direct to their mobile phone.Delivering an update on the system’s development, Emma Lloyd, managing director of the BT Movio service, told delegates at… Continue reading ‘Real’ Mobile TV System To Launch Within Four Months

Channel 4’s pithy Saturday morning music show, Popworld, has launched a dedicated online music portal, providing viewers with access to up and coming acts, and boosting the profile of struggling artists.Centred around a chart of unsigned acts, the new Popworld Promotes site enables users to listen and vote on their favourites. The most popular artist… Continue reading Channel 4 Show Launches Community Portal For New Music

Radio giant GCap has backed down from its threat to sue media regulator Ofcom over the creation of a second national DAB multiplex.GCap, which holds the majority share in the UK’s only national digital network, Digital One, had previously threatened legal action against the watchdog, with claims that it had acted unfairly and, according to… Continue reading GCap Abandons Legal Action Over Second Multiplex