Questions emerge about ITV’s future as takeover talk grows

ITV paid a reported £50m to lure the The Voice away from The BBC in 2015 but it was the purchase earlier in the year of Talpa Media, the Dutch production company that created The Voice, that represents the longer-term investment for the future. But as Mr Crozier enters his seventh year in charge at ITV, questions are beginning to emerge about the long-term direction of the company and Mr Crozier’s own future

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Liberty tunes out of ITV takeover bid

The chief executive of Virgin Media has rejected speculation that its parent company, the pan-European cable empire Liberty Global, could seize on weakness in ITV’s share price to mount a takeover bid for Britain’s biggest commercial broadcaster.

Tom Mockridge told the Sunday Telegraph that Liberty had “enough to do as it is” without wading further into programming. Liberty owns 9.9pc of ITV and has bought the equivalent commercial broadcaster in Ireland, fuelling speculation that it is lining up an approach for ITV.

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Peppa Pig owner Entertainment One rejects ITV’s £1bn takeover approach

been rebuffed in a £1bn takeover offer for Entertainment One (eOne), owner of hit children’s TV show Peppa Pig, as it looks to extend an acquisition spree aimed at reducing its reliance on volatile advertising income. Canadian film and TV producer and distributor eOne said it had received and rejected a preliminary proposal to buy the company for 236p a share, or £1.01bn in total

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TV groups watch out for EU commercial break

At the start of 2016, UK television broadcasters were on a roll. Spending on TV advertising had surged more than 7 per cent to £5.3bn in 2015. ITV, the UK’s biggest commercial broadcaster, was looking forward to another strong year — thanks in part to sporting events including the European football championships. But, so far, the TV ad market in 2016 is flat, or just marginally stronger than at the same point last year, according to media agencies. Some industry analysts even believe TV ad spending could fall this year — for the first time since the global financial crisis in 2009.

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ITV to pay £280m for Twofour Group

ITV has agreed to pay up to £280m for Twofour Group, the maker of The Jump and Educating Yorkshire, in its latest effort to strengthen its in-house studios. The broadcaster has already spent nearly £1.5bn on production companies under chief executive Adam Crozier, in order to avoid being left behind as audiences switch to online viewing. […]

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The great british TV sell off

As a result of this M&A activity, seven of the 10 biggest UK TV producers – leaving aside the BBC and ITV – are now in foreign ownership, according to the recently published Televisual Production 100 survey for 2014, and City analysts are tipping the UK’s largest advertiser-funded broadcaster to be in foreign ownership within five years

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ITV makes case for retransmission windfall

According to the FT today ITV has intensified its calls for BSkyB and Virgin Media to pay millions of pounds to carry its channels, saying that this type of payment model had helped to create a “golden age” of US television. For the full story read FT.com

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