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09/11/2006
NTL expresses interest in ITV merger
Cable company NTL has expressed interest in the possibility of a merger with ITV.
Shares in ITV jumped 8% following NTL's confirmation of exploring a merger.
ITV has suffered a fall in revenue and viewer numbers in the face of strong competition from satellite offerings.
A spokesperson for NTL confirmed that the process was at a early stage and that there was no certainty that the discussions would lead to a deal.
ITV continues to operate without a Chief Executive as Charles Allen, who left earlier this year, has yet to be replaced.
This week NTL, which has been approached by a consortium regarding a takeover, announced a rebranding exercise as Virgin Media.
(SP/KMcA)
Shares in ITV jumped 8% following NTL's confirmation of exploring a merger.
ITV has suffered a fall in revenue and viewer numbers in the face of strong competition from satellite offerings.
A spokesperson for NTL confirmed that the process was at a early stage and that there was no certainty that the discussions would lead to a deal.
ITV continues to operate without a Chief Executive as Charles Allen, who left earlier this year, has yet to be replaced.
This week NTL, which has been approached by a consortium regarding a takeover, announced a rebranding exercise as Virgin Media.
(SP/KMcA)
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21 November 2006
ITV rejects merger approach by NTL
The Board of ITV has rejected a merger proposal from NTL as one with "little strategic logic." In a statement, the Board said it believed that "whereas there is obvious appeal to NTL in gaining control of ITV's substantial and successful business, from ITV's perspective there is little, if any, strategic logic for ITV to combine with NTL.
ITV rejects merger approach by NTL
The Board of ITV has rejected a merger proposal from NTL as one with "little strategic logic." In a statement, the Board said it believed that "whereas there is obvious appeal to NTL in gaining control of ITV's substantial and successful business, from ITV's perspective there is little, if any, strategic logic for ITV to combine with NTL.
06 December 2006
NTL Drops ITV Bid
NTL has dropped plans to bid for ITV after its £4.7bn proposal was rejected by the broadcaster. As expected by industry analysts rival BSkyB has swooped to take a blocking stake in ITV. According to news sources the decision has been welcomed by major shareholders in the cable group, who are keen for NTL to focus on its recent acquisitions.
NTL Drops ITV Bid
NTL has dropped plans to bid for ITV after its £4.7bn proposal was rejected by the broadcaster. As expected by industry analysts rival BSkyB has swooped to take a blocking stake in ITV. According to news sources the decision has been welcomed by major shareholders in the cable group, who are keen for NTL to focus on its recent acquisitions.
13 May 2004
SMG settles differences with ITV over digital rights
Following the recent sale of the Scottish Media Group's (SMG) 25% GMTV stake to ITV plc, the two companies have reached an agreement on the use of the ITV brand name and the use by ITV plc of SMG's digital spectrum in Scotland.
SMG settles differences with ITV over digital rights
Following the recent sale of the Scottish Media Group's (SMG) 25% GMTV stake to ITV plc, the two companies have reached an agreement on the use of the ITV brand name and the use by ITV plc of SMG's digital spectrum in Scotland.
30 October 2009
New Look For ITN
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New Look For ITN
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02 February 2004
ITV shares now trading on London Stock Exchange
ITV plc, the company formed by the merger of Carlton and Granada, has launched its shares on the London Stock Exchange. All dealing in Carlton and Granada shares closed on Friday, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
ITV shares now trading on London Stock Exchange
ITV plc, the company formed by the merger of Carlton and Granada, has launched its shares on the London Stock Exchange. All dealing in Carlton and Granada shares closed on Friday, while ITV plc shares opened at 141 pence, reaching 146.25p by 4pm.
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