OFCOM Removing Out-of-Date Rules On TV Ad Sales
28th Jul 2010 11:05
LONDON (Dow Jones)--Office of Communications or Ofcom, said Wednesday it will remove a number of rules governing the way TV airtime is sold to media buyers and advertisers, and said it is part of Ofcom's work of removing unnecessary regulations, and ensuring any remaining rules are fit for purpose.
Read moreDesmond Says ITV 'Arrogant' And 'Monopolistic' - Newspsper
25th Jul 2010 13:13
LONDON (Dow Jones)--Richard Desmond, cited in The Sunday Times, said pay-television broadcaster ITV PLC (ITV.LN) is "arrogant and monopolistic", following the British publisher's acquisition Friday of U.K. television channel Five from RTL Group S.A. (RTL.BT). Desmond, whose Northern & Shell comp
Read moreMARKET TALK: RTL's Five Sale Won't Impact ITV-Sanford Bernstein
23rd Jul 2010 18:55
0000 GMT (Dow Jones)--RTL Group S.A.'s (RTL.BT) EUR125 million sale of Five to Northern & Shell company is unlikely to have much of an impact on ITV (ITV.LN) one way or another, says Sanford Bernstein analayst Claudio Aspesi. "What ITV needs is an overall review of how the UK TV ad market works, and
Read moreProject Canvas Appoints Kip Meet As Non-Executive Chairman
23rd Jul 2010 09:50
LONDON (Dow Jones)--Project Canvas, a six-party joint venture to bring Internet content and new video-on-demand services to U.K. television, said Friday it has appointed media and telecom executive Kip Meet as its non-executive chairman. Meet's appointment comes just a few weeks after the Britis
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING
22nd Jul 2010 10:04
Stocks on the rise in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0904 GMT [Dow Jones] Goldman Sachs lowers ITV (ITV.LN) price target to 70p from 77p, having reduced '11 and '12 EPS foreca
Read moreUK MARKET TALK ROUNDUP: SHARES GAINING -2-
22nd Jul 2010 10:04
0733 GMT [Dow Jones] Seymour Pierce upgrades Rexam (REX.LN) to buy from outperform and lifts its target price to 370p from 350p. It cites evidence of growth in demand for beverage cans in the Coca Cola (KO) 2Q numbers Wednesday, given Rexam is the leading supplier to Coca-Cola in North America and i
Read moreMARKET TALK: Goldman Sachs Lowers ITV Price Target
22nd Jul 2010 10:04
0904 GMT [Dow Jones] Goldman Sachs lowers ITV (ITV.LN) price target to 70p from 77p, having reduced '11 and '12 EPS forecasts by close to 10%. Sees a more cautious advertising outlook, delay to some regulatory changes and greater levels of reinvestment from the new management. Still thinks the stock
Read moreUK MARKET TALK ROUNDUP: SHARES LOSING
14th Jul 2010 09:05
Stocks on the fall in the UK today. Compiled by Dow Jones Newswires Markets Desk, [email protected] Contact us in London. +44-20-7842-9464 [email protected] 0805 GMT [Dow Jones] Bank of America Merrill Lynch downgrades ITV (ITV.LN) to underperform from neutral and cuts target to
Read moreMARKET TALK: BofA Merrill Lynch Downgrades ITV To Neutral
14th Jul 2010 09:05
0805 GMT [Dow Jones] Bank of America Merrill Lynch downgrades ITV (ITV.LN) to underperform from neutral and cuts target to 47p from 56p. Notes operating momentum is expected to stall in 4Q and cites risks of investment-led downgrades and a consumer slowdown. Adds that ITV trades on 11.1x EPS in '12
Read moreGreece's Antenna Confirms Interest In UK Broadcaster Five
13th Jul 2010 13:46
By Alkman Granitsas Of DOW JONES NEWSWIRES ATHENS (Dow Jones)--Greece's Antenna Group, one of the country's leading broadcasters, Tuesday confirmed its interest in U.K. broadcaster Five and is considering a binding offer for the company. Antenna, in a consortium with Dutch TV tycoon Joh
Read moreU.K. Media Owner Desmond A Strong Bidder For Five - Sources
12th Jul 2010 18:46
By Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones)--As the auction of Five, RTL Group S.A.'s (RTL.BT) U.K. television channel, draws to its conclusion, one of the U.K.'s most controversial media businessmen has emerged as a possible front-runner for the asset, people familiar with
Read moreWorld Cup Boosts ITV's June Ad Revenue, Above Market Views -FT
10th Jul 2010 11:40
LONDON (Dow Jones)--The World Cup has allowed ITV PLC (ITV.LN) to exceed analysts expectations for June viewership, with advertising revenue up 45% on its flagship channel compared with June 2009, the Financial Times reported Saturday citing people familiar with the company. The football tournam
Read moreCrystal Amber Calls For Pinewood Shepperton's Grade To Quit
29th Jun 2010 06:58
LONDON (Dow Jones)--Crystal Amber Fund Ltd. (CRS.LN) said Tuesday it will call for Pinewood Shepperton PLC's (PWS.LN) Chairman Michael Grade to step down at the film and television studios group's annual meeting today, as it said the management has failed to realize the true value of the business.
Read moreOfcom To Decide On TV Ad Market Review By End Of Summer
28th Jun 2010 15:56
By Lilly Vitorovich Of DOW JONES NEWSWIRES LONDON (Dow Jones)--U.K. communications regulator Ofcom will decide whether it needs to undertake a full review of the television advertising market by end of the summer, Chief Executive Ed Richards said Monday after the regulator proposed new rule
Read moreOfcom Publishes Proposed New Rules To Allow Product Placement On TV
28th Jun 2010 11:08
LONDON (Dow Jones)--The U.K. Office of Communications, or Ofcom, said Monday it has published proposed new rules to allow product placement on TV, adding that it also proposes to liberalize the rules on paid-for references to brands and products in radio programs. MAIN FACTS: -Proposals incl
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