BSkyB has sold its 9.9% stake in Manchester United for around £62 million, as it continues to cut back its investment in individual football clubs.The satellite broadcaster confirmed today that it had sold its entire stake of 26 million shares in the Premiership champions at £2.39 each. The buyer has been revealed as The Cubic… Continue reading BSkyB Offloads Manchester United Stake
The investigation into the proposed merger between Carlton and Granada was led by the competition authorities, who invited the ITC and Ofcom to contribute their views as part of that enquiry.The competition authorities then considered the regulators’ views – as well as the views of other organisations – before making their recommendations to the Secretary… Continue reading ITC And Ofcom Joint Briefing – ITV Merger Announcement
Hachette Filipacchi has secured a six figure sponsorship deal to promote luxury watchmaker Maurice Lacroix across its flagship Elle and Red titles.The campaign will see both Elle and Red carry innovative new ads for the watchmaker in both their November and December issues.The creative, devised by Consultancy And Marketing Ltd, along with the Hachette Filipacchi… Continue reading Hachette Secure Lacroix For Six Figure Sponsorship
The Government has this morning officially approved the £4 billion merger of Carlton and Granada, in a move that will see the creation of a single ITV capable of competing more effectively with its commercial rivals.Trade and Industry Secretary, Patricia Hewitt, has decided not to force the two ITV partners to sell off their sales… Continue reading ITV Cleared To Merge With Sales Houses Intact
The forced divestment of Carlton & Granada’s sales houses would render the ITV merger ineffective, according to analysis by Lehman Brothers.Trade and Industry Secretary, Patricia Hewitt is due to announce her decision on the merger this week, following an exhaustive Competition Commission investigation into the likely implications of the deal.The Lehman study pretty much rules… Continue reading Sales House Issue Is Key To Success Of ITV Merger
Carlton and Granada saw stocks rise today as the city welcomed news that the ITV partners could go ahead with their planned £4 billion merger without divesting their sales houses.Lorna Tilbian, analyst at Numis Securities, said: “The merger is the best possible outcome and allows ITV to better compete with a strong BBC and BSkyB.”The… Continue reading Carlton And Granada See Shares Rise As City Backs Merger
The Telegraph Group has announced that its managing director of sales, Len Sanderson, is to leave the company at the end of this month.The move, which is part of a wider management restructuring at the paper, follows the decision of editor Charles Moore to relinquish his position in order to devote more time to his… Continue reading Telegraph Parts Ways With Managing Director Of Sales
Today’s decision by trade and industry secretary, Patricia Hewitt, paves the way for what many regarded as the inevitable creation of a single ITV company, as Carlton and Granada prepare to merge. With only behavioural remedies imposed, the two ITV heavyweights have emerged from the year-long Competition Commission investigation with one of the better outcomes… Continue reading MediaTelINSIGHT: What Next For One ITV?
ITV partners Carlton and Granada were in the spotlight after rumours that the Department of Trade and Industry was to reveal its decision on their proposed merger as early as today. The stocks were seen up 0.61% and 2.09% week on week.However, many analysts believe that the decision will come later in the week as… Continue reading Sharewatch: Carlton And Granada In The Spotlight
