Robert Andrews
Mar 4, 2009 6:26 AM
ITV (LSE: ITV), the UK’s leading commercial TV outfit, will try to sell some of its well-known online brands and cut hundreds more jobs in yet another radical cost-saving plan, after chalking up a £2.7 billion ($3.78 billion) loss for 2008. Actual losses were less, but the channel operator and…
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Media & Publishing, TV, Countries, Europe, itv
Robert Andrews
Aug 6, 2008 4:10 AM
UK commercial TV leader ITV (LSE: ITV) has pushed back its ambitious £150 million ($293 million) online revenue target from 2010 to 2012, after only creeping toward that goal since it was set last year. In today’s earnings, ITV online income grew to £17 million ($33 million) in the half-year…
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Media & Publishing, TV, Money, Earnings, Countries, Europe, itv
Rafat Ali
Jul 31, 2008 11:35 PM
Updated: The stake is 10 percent, for $2 million. The deal includes an option to acquire a controlling stake in the company at the end of 2008. The Santa Monica-based hot digital production studio Electric Farm Entertainment, the subject of a long fawning profile in latest Wired, has received investment…
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Entertainment, Money, M&A & Venture Capital, Venture Capital, Technologies / Formats, Broadband, electric farm entertainment, itv
Robert Andrews
Apr 7, 2008 4:20 AM
UK commercial TV operator ITV (LSE: ITV) has now sold its 50 percent stake in Arsenal Broadband Ltd, which runs the London soccer club’s online interests, to US sports mogul Stan Kroenke’s KSE UK firm. Kroenke became a significant shareholder in the Gunners last year when the broadcaster’s Granada unit…
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Entertainment, Sports, Countries, Europe, arsenal, itv
Robert Andrews
Mar 5, 2008 11:00 AM
UK’s ITV (LSE: ITV) grew online revenue 43 percent to £33 million through 2007. But two thirds of that is from subscription network Friends Reunited (up 36 percent to £22 million)... ITV.com, on which it has pinned so many hopes following a redesign, pulled in £11 million (up 57 percent)…
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Money, Earnings, Countries, Europe, itv
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