This is why losing Jeremy Clarkson would cost the BBC dearly March 10, 2015 Top Gear has proved to be one of the BBC's most popular TV shows ever, bringing in millions of viewers and huge profits in recent years. Presenter Jeremy Clarkson has been key to its success, but a “fracas” with a producer at the organisation has put his position on the line. The BBC announced this [...]
Top Gear host Jeremy Clarkson suspended by the BBC after “fracas” March 10, 2015 Controversial Top Gear presenter Jeremy Clarkson has been suspended from the BBC after a "fracas" with a producer. In a statement today, the BBC said Clarkson had been suspended "pending investigation", and that "no one else has been suspended". It added that Top Gear would not be broadcast this Sunday. Top Gear is one of the BBC's most [...]
Coronation Street, BBC Breakfast get new landlord as Legal & General Capital takes 50pc stake in £503m MediaCityUK March 10, 2015 MediaCityUK – the new home of Coronation Street and the northern hub of the BBC – has just got a new landlord in the form of Legal & General Capital. LGC is now a 50 per cent shareholder in the Salford Quays-based media centre, alongside long-standing owner The Peel Group as part of a [...]
Moguldom IPO: US media group taps the London market for cash March 9, 2015 The head of US digital media group Moguldom yesterday unveiled plans to float on the London stock market in a bid to raise the profile of the business around the world. Jamarlin Martin, founder, chairman and chief executive of the group, said listing on the junior stock market would provide a strong platform to help [...]
Premier League TV deal: An economics professor on why lowering ticket prices and redistributing the wealth could backfire February 12, 2015 With £5.14bn heading the Premier League’s way thanks to Sky and BT’s record domestic TV rights deal, public pressure is being placed on the organisation to share the wealth and relinquish the financial burden on match-going fans. The Football Supporters’ Federation has called upon the league to implement a £20 limit on away [...]
Premier League comes under further fire for TV rights auction February 11, 2015 The auction process used by the Premier League to sell TV rights to Sky and BT for a whopping £5.1bn came under criticism yesterday for the second time in a matter of days. The deal was reached under a blind auction, with an unknown number of rounds and bidders. Virgin Media chief executive Tom Mockridge [...]
Five things you could buy for the same price as the Premier League TV rights: 325 Balotellis, 2.2m travelcards, 65m Apple shares and more February 11, 2015 Buying up the rights to broadcast Premier League matches to avid football fans across the UK doesn't come cheap. At a total of £5.2bn, a record price paid by Sky and BT, that’s some serious spending power. Here’s what else that sort of cash could be splashed on. 1. 2.2m travelcards How about buying [...]
Sky share price falls on massive Premier League TV rights spend while BT rises February 11, 2015 Shares in Sky fell as much as five per cent in early trading this morning, leading the FTSE lower, after it agreed to fork out £4.2bn on the TV rights for Premier League football games. The broadcaster paid 83 per cent more for the rights to screen 126 football games each season from 2016 to 2019 [...]
Sky high bids top £5bn for Premier League TV football rights February 10, 2015 Sky footed a huge £4.2bn bill last night in order to maintain its grip on Premier League football. The media giant will show 126 Premier League football matches per season from 2016 to 2019. It will pay over £11m for each game. The bill is an eye-watering 83 per cent increase over Sky’s existing three-year [...]
Sky and BT win Premier League rights: The billions keep pouring in, but do fans benefit from football’s boom? February 10, 2015 The flood of cash pouring into the Premier League each year just keeps getting bigger and bigger. Many fans roll their eyes as the numbers in football become increasingly astronomical – but do supporters of top flight teams benefit from the growing billions that TV firms put in? In terms of ticket prices, the answer [...]