Sky keen for a wholesale deal with BT Sport November 20, 2013 BSKYB chief executive Jeremy Darroch said yesterday that he is keen to sign a mutual wholesale deal with BT, so both broadcasters can offer their customers access to a full range of live sports. At a Morgan Stanley media conference in Barcelona, Darroch said “We’re keen to get a wholesale agreement, but it has to [...]
London Report: FTSE pares back losses after ECB weighs rate cut November 20, 2013 THE UK’s FTSE 100 was dragged down yesterday by heavyweight stocks such as Vodafone trading ex-dividend, but briefly pared its losses after a report that the European Central Bank was considering negative deposit rates. Bloomberg reported that the ECB was considering a cut in its deposit rate to minus 0.1 per cent from the current [...]
Bottom Line: Crozier’s acquisition spree pays off as viewers rush to tune in November 19, 2013 WHEN BSkyB lost the battle for the next set of Champions League rights to newcomer BT Sport, little was made of the fact that Sky’s partner in the last bid – ITV – had also lost out. While its rivals were squabbling about football viewers, ITV was getting on with things; namely bedding in the string [...]
BT’s Liv Garfield to take top role at Severn Trent November 18, 2013 LIV GARFIELD is leaving BT to take up the chief executive role at FTSE 100-listed water company Severn Trent, the companies announced yesterday. Garfield is currently chief executive of BT’s Openreach division, where she oversaw the telecoms firm’s £2.5bn commercial roll-out of fibre broadband across the country. She starts her new role in spring 2014, [...]
Severn Trent appoints BT Openreach CEO Liv Garfield November 18, 2013 Liv Garfield is to become the new chief executive officer (CEO) of water company Severn Trent. She will be stepping down as CEO of Openreach, BT's local access network division, in the spring of next year. During her time at BT, Garfield oversaw the £2.5bn commercial roll-out of fibre broadband, as well as pushing the [...]
Sky chief to address Champions League defeat at City conference November 18, 2013 SKY CHIEF executive Jeremy Darroch will address the company’s take on the recent upheaval of TV sport on Wednesday, City A.M. understands, after BT recently won exclusive rights for Champions League football from 2015. Up until now Sky has played down the importance of Champions League content to Sky Sport, as accounting for only three [...]
United score big as commercial and TV deals drive record results November 14, 2013 THE BOOM in income for English football’s top clubs is showing no sign of slowing down, with Manchester United raking in nearly £100m in its first three months of a new fiscal year. Releasing its first quarter results yesterday, executive vice-chairman Ed Woodward also said that the new £900m BT deal to show the European Champions League [...]
Woodford tops market again November 14, 2013 EDINBURGH Investment Trust, the fund led by star manager Neil Woodford, yesterday said it had beaten the market average after a boost from shares in BT. The value of investments in the £1.3bn fund’s investments rose 4.4 per cent versus the FTSE All Share average of 3.8 per cent for the six months ending September, [...]
Letters to the Editor – 14/11 – Greenbelt, Premier league bid, Best of Twitter November 13, 2013 Greenbelt [Re: The Greenbelt sacred cow: It pens in the poor for no environmental gain, yesterday] I agree 100 per cent with the author. Support for the Greenbelt is strong among those over 60. In many cases, these people bought property between the 1960s and 1980s, when prices were often below £50,000 in today’s money. [...]
Exclusive: Shearer: I fear fans will be victims of pay TV war November 13, 2013 FORMER England captain Alan Shearer fears ordinary supporters are in danger of being priced out of football following BT Sport’s blockbusting £900m acquisition of Champions League broadcast rights. From 2015 British fans will have to subscribe to both BT and Sky in order to watch their clubs in all major competitions, meaning they are likely [...]