Sky chief says Ofcom ruling to hurt industry April 14, 2010 SKY chief executive Jeremy Darroch yesterday launched a scathing attack on Ofcom, claiming the watchdog has endangered smaller channels and will hamper creativity. Speaking at the Mip TV conference in Cannes he said Ofcom’s decision to slash the prices Sky can charge for its content will distort the whole pay TV industry and will have [...]
Crunch meeting for Premier shareholders April 14, 2010 PREMIER League shareholders will meet this afternoon to discuss a series of key issues affecting football’s top flight governing body. The Premier League board is said to be eager to offer more money to lower league clubs to help stave off the threat of administration. We revealed last month the governing body could double the [...]
Citigroup sheds more assets as it plans to sell hedge fund unit to SkyBridge April 14, 2010 CITIGROUP plans to sell a hedge fund business with $4.2bn (£2.7bn) worth of assets to US investment firm SkyBridge Capital. The deal marks another step in Citi’s plan to shed assets. The unit had been languishing in Citi Holdings, the bank’s repository for businesses that it is trying to sell or wind down. The unit [...]
Ronson tops out the City’s Heron Tower April 12, 2010 HERON Tower, the tallest building in the City of London, was yesterday “topped out” at a ceremony held by the developer Heron International and construction firm Skanska. The 46-storey development, near Liverpool Street Station, is to be completed in February next year and will add 40,836 square metres of commercial office space to the London [...]
Wrestling the way to profit April 8, 2010 THE wrestlers you remember are a pretty good indication of your age. The older generation will point to Giant Haystacks. Those around the 30 mark will probably remember Hulk Hogan and the Ultimate Warrior. The intern might say John Cena. But World Wrestling Entertainment (WWE) is more than a childhood fancy – it is a [...]
Chelsea can book repeat Wembley trip April 8, 2010 ASTON VILLA v/s CHELSEA TOMORROW – 5.00PM ITV1 CHELSEA have been on fire in recent weeks, since losing to Inter Milan, and their win at Old Trafford last weekend means they are now a best-priced 8/13 with William Hill to clinch a first Premier League title in four years. They have scored 14 goals in [...]
Leaders in rallying cry ahead of 6 May election April 6, 2010 GORDON Brown yesterday fired the starting pistol on a four-week election campaign ahead of polling day on 6 May. The Prime Minister asked voters to give him a “clear and straightforward mandate” to secure the economic recovery and sent a rallying cry to Labour activists from the steps of 10 Downing Street. “The future is [...]
Digital Economy Bill set to pass into law April 6, 2010 HOPES for a last minute reprieve from “draconian” new anti privacy legislation appeared to fade yesterday as the government’s Digital Economy Bill (DEB) passed through to “wash-up.” This means the bill, which contains some heavily debated elements, enters a period where legislation is rushed through in the gap between Parliament being dissolved and a new [...]
Ofcom cuts Premier footy prices March 31, 2010 MEDIA regulator Ofcom has slashed the price BSkyB can charge its rivals to screen its sports packages. It cut the wholesale price for Sky Sports 1 by 24 per cent to £10.63 a month. It means rivals BT and Virgin will be able to undercut Sky and chip away at its vast 9.5m subscriber base. [...]
Ofcom feels the heat over sports ruling March 31, 2010 OFCOM faced a fierce backlash to its landmark ruling yesterday as broadcasters and sporting bodies rounded on the embattled regulator. BSkyB vowed to carry out its threat to fight the ruling through the courts, hiring high powered City law firm Herbert Smith. The decision means the wholesale prices Sky is allowed to charge rivals including [...]