Broadcasters buck share trend
Article Abstract:
The shares of United Kingdom broadcasting companies rose 23% overall in 1994, compared to a fall in the All Share Index. Sixteen of 22 broadcasting shares dropped in December 1994, however, with just five increasing. Broadcasting shares grew 90% in 1993. BSkyB's stock issue was over-subscribed more than five-fold, but main demand came from foreign investors. Some brokers in the United Kingdom feel BSkyB's 4.4 billion pounds sterling market value is overpriced by as much as 1.8 billion pounds sterling. The share price of TeleWest's new issues also fell below the opening price by end-December 1994.
Publication Name: Broadcast
Subject: Mass communications
ISSN: 0040-2788
Year: 1995
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Long way back
Article Abstract:
ITV's share price has dipped below 85p, caused by factors such as the credit crunch and the diminishing size of analog television's audience leading to slow revenues. The key reason for its share price to crash is its previous efforts to raise its share price by diversifying its revenue streams. Things ITV should have done to save its share price are also discussed.
Publication Name: Broadcast
Subject: Mass communications
ISSN: 0040-2788
Year: 2007
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