Technicolor sale seals Carlton's reinvention

Article Abstract:

Carlton Communications has agreed to sell Technicolor to Thomson Multimedia of France for 1.43 billion pounds sterling in stock and cash. A year after the deal is completed, Carlton will hold a 5.5% stake in Thomson, along with a seat on its board. Carlton and Technicolor have also agreed a strategic alliance for interactive and digital television.

Other Motion Picture and Video Industries, Services allied to motion pictures, Movie Film Processing, Mergers, acquisitions and divestments, Carlton Communications PLC, Motion pictures, Movies, Thomson (Paris, France), Motion picture film processing, Technicolor

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EMI 'only days away' from Bertelsmann decision

Article Abstract:

EMI is shortly to decide whether to seek a merger with the music activities of German media concern Bertelsmann. The main obstacle to a deal is that European competition authorities will only permit it if enough assets are shed to ensure the creation of a new competitive force.

Consumer Audio Recordings, Integrated Record Production/Distribution, Prerecorded records and tapes, Planning, Bertelsmann AG, Sound recording industry, Recording industry, Sound recordings, EMI Group PLC

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Reed bucks the trend with 17 percent profits rise

Article Abstract:

The Anglo-Dutch publisher Reed Elsevier has announced that profits increased by 17 percent in the first half of 2001. Chief executive Crispin Davis is confident the publisher can do well in the American market.

PRINTING AND PUBLISHING, Publishing, Publishing Industries, Publishing industry, Finance, Executives, Reed Elsevier PLC, Davis, Crispin

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