The Sky's the limit for sport on TV

Article Abstract:

It is now only possible to watch television coverage of top quality live football in the UK by paying a subscription to satellite broadcaster Sky. This arrangement has certainly brought some advantages to football, which has received funds to refurbish grounds and pay more to top players, but has also been very beneficial to Sky. Some observers believe that it will become increasingly common to have to pay to receive live coverage of top sporting events, and this could mean that few people bother to attend these events in person.

Column, Sports, Media coverage

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Pearson faces rival bid for SelecTV

Article Abstract:

Television production company SelecTV is facing rival takeover bids from media and publishing concern Pearson and from cable and satellite programmer Flextech. Pearson is expected to demand that SelecTV sells its loss-making cable channel, along with its 15% stake in ITV licence holder Meridian. Flextech may be prepared to offer its 20% stake in Scottish Television in exchange for a controlling interest in a larger SelecTV.

Pearson PLC, Television production companies, Flextech PLC, SelecTV PLC

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Forte spurns Granada's 3.1bn pounds sterling opening shot in takeover battle

Article Abstract:

Forte has rejected a 3.1 billion pounds sterling hostile takeover bid from Granada. The companies, which are two of the largest leisure concerns in the UK, now look set to embark on a lengthy battle. A successful bid will boost Granada's gearing to 130% and give it control of Forte's 900 hotels, along with its motorway service stations and restaurants.

Hospitality industry, Granada, Forte PLC

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