ITV shares jump as it emerges as a takeover target by private equity November 25, 2024 ITV has emerged as a possible takeover target by private equity giants including CVC Capital Partners amid an ongoing dip in its share price, according to reports. There are reportedly a variety of private equity bidders circling the UK’s largest terrestrial commercial broadcaster, Sky News revealed. These included CVC Capital Partners with a major European [...]
Ahead of the Game: Lineker to score tax saving from company liquidation November 20, 2024 Goalhanger Films, which is co-owned by Lineker and former ITV controller Tony Pastor, has appointed a voluntary liquidator despite being a solvent company.
The world’s most lucrative jockey competition is coming to British racing November 14, 2024 British racing has announced the world’s most lucrative jockey competition, the David Power Jockeys’ Cup – a new league for riders with a prize fund of £1.5m. The initiative, which will launch on Friday at Cheltenham’s November Meeting, is an attempt to inject more excitement into jumps season and backed by bookmakers the Flutter Group. [...]
ITV: Shares drop after revenue plunges at production arm November 7, 2024 A drop in revenue at ITV studios due to the ongoing effect of the US writers’ strike has pulled profit down, with cost savings and an increase in advertising revenue failing to offset the fall. The company’s share price fell nearly eight per cent in early trades. Group revenue in the first nine months of [...]
US election timings: Your guide to watching the results November 5, 2024 After months of a closely fought battle, one of the most unpredictable US election campaigns in generations is drawing to a close. Polls have opened stateside and Donald Trump and Kamala Harris are still neck and neck, as voters begin to cast the ballots for the Republican or Democrat parties. For UK watchers, following the [...]
Post Office: MPs to hold inquiry into compensation ‘unfinished business’ October 31, 2024 MPs are set to launch an inquiry into the “unfinished business” of financial redress for victims of the Post Office Horizon scandal. The business and trade committee will hold a short probe focused on “fast and fair redress” for those affected by what has been dubbed the biggest miscarriage of justice in UK history. It [...]
DP World: Ministers had ‘conversation’ to salvage investment after row October 13, 2024 Ministers were forced to “have a conversation” with executives from DP World to secure its investment after a senior minister referred to one of its subsidiary P&O Ferries a “rogue operator”, the business secretary has said. Business secretary Jonathan Reynolds said the investment – which was reportedly put in jeopardy following the scathing criticism of [...]
Premiership rugby stays on free-to-air TV in new two-year deal September 30, 2024 Premiership rugby will remain available to terrestrial TV viewers after the league extended its deal with ITV to show seven live matches per season. The two-year agreement ensures the Premiership Final will be shown live on ITV, which will also continue to broadcast a weekly highlights programme. “Premiership Rugby is thrilled to extend our relationship [...]
Ofcom launches review as online news overtakes TV for first time September 10, 2024 Ofcom’s annual study shows that 71 per cent of adults in the UK now get their news online, just pipping the 70 per cent that get it on the box.
Big Talk Studios: Bumper year for ITV-owned The Outlaws maker September 2, 2024 Revenue and profit both surged at Big Talk Studios, which helped make the likes of Shaun of the Dead and Hot Fuzz, during 2023. The business, which was founded by Nira Park in 1994, led by CEO Kenton Allen since 2008 and acquired by ITV Studios in 2013, has reported a revenue of £35.7m for the 12 [...]