Menu
BROADCAST FILM AND VIDEO DIRECTORY
Broadcast News
15/10/2007
UTV Restructuring Goes Ahead
The board of UTV has has announced that a corporate restructuring has been approved by shareholders.
Under the restructuring scheme a new listed company UTV Media plc would be introduced as the ultimate holding company of the group. UTV shareholders will receive one new share in UTV Media plc for every share they owned in UTV plc.
The Scheme, which has been approved by shareholders of UTV and the High Court of Justice in Northern Ireland, becomes effective on Monday 15 October 2007.
John McCann, Group Chief Executive, UTV Media plc said: "Over the last few years, the company has diversified its operations beyond television, and has successfully expanded into Radio and New Media. In 2006, for the first time, total sales generated by radio exceeded that of television, with radio accounting for 54% of total sales, while television and new media accounted for 37% and 9% respectively. The name of the new holding company UTV Media plc more accurately reflects the company's broadened portfolio and strategy towards a diversified UK and Republic of Ireland media business."
(DS)
Under the restructuring scheme a new listed company UTV Media plc would be introduced as the ultimate holding company of the group. UTV shareholders will receive one new share in UTV Media plc for every share they owned in UTV plc.
The Scheme, which has been approved by shareholders of UTV and the High Court of Justice in Northern Ireland, becomes effective on Monday 15 October 2007.
John McCann, Group Chief Executive, UTV Media plc said: "Over the last few years, the company has diversified its operations beyond television, and has successfully expanded into Radio and New Media. In 2006, for the first time, total sales generated by radio exceeded that of television, with radio accounting for 54% of total sales, while television and new media accounted for 37% and 9% respectively. The name of the new holding company UTV Media plc more accurately reflects the company's broadened portfolio and strategy towards a diversified UK and Republic of Ireland media business."
(DS)
Top Related Stories
Click here for the latest broadcast news stories.
11/12/2006
UTV In Fresh Merger Talks With SMG
UTV have confirmed that they are back in talks with Scottish Media Group (SMG) over a potential merger. In August SMG, the sixth largest programme pro
UTV In Fresh Merger Talks With SMG
UTV have confirmed that they are back in talks with Scottish Media Group (SMG) over a potential merger. In August SMG, the sixth largest programme pro
06/03/2012
UTV Media Announces Acquisition Of Simply Zesty
A successful media company in the UK and Ireland incorporating Radio, Television, New Media and Publishing has revealed that they have bought a social
UTV Media Announces Acquisition Of Simply Zesty
A successful media company in the UK and Ireland incorporating Radio, Television, New Media and Publishing has revealed that they have bought a social
10/06/2011
UTV Gives Away Video Content To Local Websites
UTV Everywhere is a new digital initiative offering UTV Player local content to Northern Ireland organisations for use of their websites free of charg
UTV Gives Away Video Content To Local Websites
UTV Everywhere is a new digital initiative offering UTV Player local content to Northern Ireland organisations for use of their websites free of charg
13/02/2008
UTV Acquires Tibus For £5 Million
UTV plc has acquired Tibus, an all-Ireland focused web design agency with offices in Dublin and Belfast for £5 million. Tibus, which employs 30 people
UTV Acquires Tibus For £5 Million
UTV plc has acquired Tibus, an all-Ireland focused web design agency with offices in Dublin and Belfast for £5 million. Tibus, which employs 30 people
19/04/2001
UTV SIGN FOR MAJORITY HOLDING IN COUNTY MEDIA
ULSTER Television (UTV) have announced the completion of the acquisition of 60 per cent of the issued capital of County Media. UTV have paid IR£17.3 m
UTV SIGN FOR MAJORITY HOLDING IN COUNTY MEDIA
ULSTER Television (UTV) have announced the completion of the acquisition of 60 per cent of the issued capital of County Media. UTV have paid IR£17.3 m
31/08/2006
SMG Rejects Merger Proposals With UTV
Scottish Media Group (SMG) has rejected a merger proposal advanced by UTV. UTV, which owns the Ulster ITV licence and radio station TalkSport, made it
SMG Rejects Merger Proposals With UTV
Scottish Media Group (SMG) has rejected a merger proposal advanced by UTV. UTV, which owns the Ulster ITV licence and radio station TalkSport, made it
21/08/2017
IBC2017: At The Core Of Global Media And Digital Industry Trends
With its Digital Tech Hub, Qvest Media is encouraging the exchange of global trends between the media and broadcasting industry at this year's IBC Sho
IBC2017: At The Core Of Global Media And Digital Industry Trends
With its Digital Tech Hub, Qvest Media is encouraging the exchange of global trends between the media and broadcasting industry at this year's IBC Sho
11/06/2002
UTV AGM told of 'excellent progress' despite downturn
UTV chairman, John McGuckian, has told the company's AGM that the broadcaster had put in a "strong performance" despite the difficulties facing the me
UTV AGM told of 'excellent progress' despite downturn
UTV chairman, John McGuckian, has told the company's AGM that the broadcaster had put in a "strong performance" despite the difficulties facing the me
04/01/2011
UTV In Your Hands
Northern Ireland broadcaster UTV has launched into the mobile app market, with a free UTV Live mobile app available for download on both iTunes and An
UTV In Your Hands
Northern Ireland broadcaster UTV has launched into the mobile app market, with a free UTV Live mobile app available for download on both iTunes and An
22/09/2009
UTV's Birthday To Be Celebrated
Viewers of Ulster Television are to get the chance to celebrate a major broadcasting milestone. This autumn, the channel celebrates 50 years of broadc
UTV's Birthday To Be Celebrated
Viewers of Ulster Television are to get the chance to celebrate a major broadcasting milestone. This autumn, the channel celebrates 50 years of broadc
31/07/2012
UTV Appoints Chairman
The Board of UTV Media plc is pleased to announce the appointment of Richard Huntingford as Chairman with immediate effect. Helen Kirkpatrick steps do
UTV Appoints Chairman
The Board of UTV Media plc is pleased to announce the appointment of Richard Huntingford as Chairman with immediate effect. Helen Kirkpatrick steps do
08/02/2012
UTV Expands Its Local Radio Network
UTV Media has acquired three local radio licences held by MNAB for Telford, Shropshire and Kidderminster to add to its GB radio division which compris
UTV Expands Its Local Radio Network
UTV Media has acquired three local radio licences held by MNAB for Telford, Shropshire and Kidderminster to add to its GB radio division which compris
23/03/2010
UTV Reports Falling Profits
Despite intense cost-cutting - with several programmes and staff dropped - the Belfast-based media company Ulster Television (UTV) has reported a £2.6
UTV Reports Falling Profits
Despite intense cost-cutting - with several programmes and staff dropped - the Belfast-based media company Ulster Television (UTV) has reported a £2.6
14/12/2010
UTV Launches On PS3
UTV shows will soon be available to a wider audience after the broadcaster announced a partnership with Sony to make its content available to PS3 user
UTV Launches On PS3
UTV shows will soon be available to a wider audience after the broadcaster announced a partnership with Sony to make its content available to PS3 user
26/04/2001
UTV ISSUE PROGRAMME STATEMENT
UTV have issued their Regional Programme Statement which forms part of the new procedure introduced by the Independent Television Commission (ITC). Th
UTV ISSUE PROGRAMME STATEMENT
UTV have issued their Regional Programme Statement which forms part of the new procedure introduced by the Independent Television Commission (ITC). Th
