With only digital reception taking over analog television signals have been switched off in Sydney and surrounding areas.
UBC Media Group (LON: UBC) has conditionally settled to acquire privately owned 7digital, owner of a popularly-used digital music technology platform.
The two companies had signed a letter of intent and were now aiming towards accomplishing of an agreement by 16 December and plans to close the deal in April, UBC said in a statement on Monday.
In a regulatory filing, Carl Icahn, an American businessman, has affirmed that he has sold 5.5% of his stake in Netflix.
In October 2012, Icahn had bought a 10% stake in the company. But almost after a year, Icahn has sold more than 50% of his stake. The news has led the shares of Netflix to decline by more than 2%.
As per forecasts made by Zenith Optimedia, the growth in the global advertising market this year will be 3.5%, even though there is not any big scale event like the U. S. election and Olympics.
The forecast indicates the stabilization in global ad market and that it is returning back on track after the recession hit period. The company had forecasted the same amount of growth in expenditure trend on advertising in June also.
It's time to sell ITV's Granada Television Studios.
The studios that are present at Quay Street in Manchester would be sold in a £26.5m deal to Allied London and Manchester City Council.
The parent company would be shutting down the site. This place is famous for being a hub to the commercial television in the North West since 1956.
Following half-year results, shares in UTV tended to plunge. According to a recent report, the results said the advertising revenue along with missed expectations were on a continuous decline in Ireland.
STV is now making a comeback in the dividend list. Its shares in the Scottish broadcaster were reported to have climbed up six percent yesterday.
Chief executive of STV Rob Woodward said that the dividend's return was an evidence that the company is now doing good. The net debt of STV was also reported to have gone down 22% to £43.4m.