Menu
BROADCAST FILM AND VIDEO DIRECTORY
Broadcast News
29/09/2010
ITV Sells 50% Stake in Screenvision
ITV has announced that it has sold its 50% stake in Screenvision to a US private equity firm.
The broadcaster announced that it had sold its share of the cinema advertising business to Shamrock Capital Growth Fund II, in a deal worth a reported $80 million (£50.6 million).
Technicolour, which is Screenvision's main provider of film and digital services, will retain the remaining 50% shareholding.
The deal is currently pending approval.
Shamrock Capital Growth Fund II focuses on media, entertainment and communications investing.
Michael Grade, ITV's former Chief Executive, had placed Screenvision up for sale last year, at the same time as the Friends Reunited website and Freeview Multiplex operator SDN.
Friends Reunited was purchased by DC Thomson-owned Brightsolid for £25 million, but ITV later opted to retain SDN in an asset backing initiative for its pension deficit.
(KMcA)
The broadcaster announced that it had sold its share of the cinema advertising business to Shamrock Capital Growth Fund II, in a deal worth a reported $80 million (£50.6 million).
Technicolour, which is Screenvision's main provider of film and digital services, will retain the remaining 50% shareholding.
The deal is currently pending approval.
Shamrock Capital Growth Fund II focuses on media, entertainment and communications investing.
Michael Grade, ITV's former Chief Executive, had placed Screenvision up for sale last year, at the same time as the Friends Reunited website and Freeview Multiplex operator SDN.
Friends Reunited was purchased by DC Thomson-owned Brightsolid for £25 million, but ITV later opted to retain SDN in an asset backing initiative for its pension deficit.
(KMcA)
Top Related Stories
Click here for the latest broadcast news stories.
19/10/2016
50 Million Views And Counting...
In today's world, online video is huge. Video fills our news feeds, gives us something to share with our friends and more and more information is bein
50 Million Views And Counting...
In today's world, online video is huge. Video fills our news feeds, gives us something to share with our friends and more and more information is bein
06/12/2007
ITV Acquires 12 Yard In £35 Million Deal
Dawn Airey has made her first acquisition for ITV in the shape of 12 Yard in a deal worth up to £35 million. 12 Yard founded in 2001 specialises in en
ITV Acquires 12 Yard In £35 Million Deal
Dawn Airey has made her first acquisition for ITV in the shape of 12 Yard in a deal worth up to £35 million. 12 Yard founded in 2001 specialises in en
22/11/2001
NTL OPENS MORN HILL IN £40 MILLION DEAL WITH ITV
NTL Broadcast have switched on their second major 'teleport' in Hampshire with their recently announced £40 million deal to deliver all 16 ITV regiona
NTL OPENS MORN HILL IN £40 MILLION DEAL WITH ITV
NTL Broadcast have switched on their second major 'teleport' in Hampshire with their recently announced £40 million deal to deliver all 16 ITV regiona
29/05/2002
ITV launch £2 million fund for regional programming
ITV have announced a package of reforms, agreed with the Independent Television Commission (ITC), to modernise ITV’s regional commitments. The reforms
ITV launch £2 million fund for regional programming
ITV have announced a package of reforms, agreed with the Independent Television Commission (ITC), to modernise ITV’s regional commitments. The reforms
25/10/2023
Martin Audio Turns The Clock Back 50 Years
Following a successful stint in North America, the Australian Pink Floyd Show (TAPFS) tribute band has returned to the UK for its #DarkSide50 Tour 202
Martin Audio Turns The Clock Back 50 Years
Following a successful stint in North America, the Australian Pink Floyd Show (TAPFS) tribute band has returned to the UK for its #DarkSide50 Tour 202
29/08/2023
Dream Chip Sells Over 50 AtomOne Mini AIR Units
Dream Chip has announced the recent sale of more than fifty AtomOne mini AIR units for use onboard the full fleet of competitor vehicles in the Formul
Dream Chip Sells Over 50 AtomOne Mini AIR Units
Dream Chip has announced the recent sale of more than fifty AtomOne mini AIR units for use onboard the full fleet of competitor vehicles in the Formul
27/06/2023
Shure Celebrates 50 Years Of The SM7
What do psych soul outfit Black Pumas and rapper-turned-gamer Logic have in common? They both rely on the Shure SM7B to connect to their fans when it
Shure Celebrates 50 Years Of The SM7
What do psych soul outfit Black Pumas and rapper-turned-gamer Logic have in common? They both rely on the Shure SM7B to connect to their fans when it
18/03/2020
DejaSoft Offers Editors 50% Off All DejaEdit Licenses
To help assist with the COVID-19 outbreak measures, IABM-member DejaSoft is offering editors 50% off all their DejaEdit licenses over March and April.
DejaSoft Offers Editors 50% Off All DejaEdit Licenses
To help assist with the COVID-19 outbreak measures, IABM-member DejaSoft is offering editors 50% off all their DejaEdit licenses over March and April.
10/09/2019
Pebble Beach Systems Reports Over 50% Rise In Half Year Results
Pebble Beach Systems has released a positive set of results for the first six months of 2019. The company reported revenues of £5.6m, a 51% increase c
Pebble Beach Systems Reports Over 50% Rise In Half Year Results
Pebble Beach Systems has released a positive set of results for the first six months of 2019. The company reported revenues of £5.6m, a 51% increase c
09/09/2019
IP Showcase To Feature Over 50 Speakers And Panelists
The IP Showcase Theatre lineup for IBC2019 has been announced and it features more than 50 speakers and panelists covering a full range of IP video an
IP Showcase To Feature Over 50 Speakers And Panelists
The IP Showcase Theatre lineup for IBC2019 has been announced and it features more than 50 speakers and panelists covering a full range of IP video an
05/09/2018
Veale Associates Celebrates 50 Years
Veale Associates, studio design, founded in 1968 is celebrating its 50th anniversary this year. The milestone marks five decades of service for Eddie
Veale Associates Celebrates 50 Years
Veale Associates, studio design, founded in 1968 is celebrating its 50th anniversary this year. The milestone marks five decades of service for Eddie
09/05/2017
Off The Case In 50 Seconds – ProSup's EJib
The two most ingenious assets of the Prosup EJib are the compact packing size inside the Pelicase and its speedy set-up in less than one minute. This
Off The Case In 50 Seconds – ProSup's EJib
The two most ingenious assets of the Prosup EJib are the compact packing size inside the Pelicase and its speedy set-up in less than one minute. This
30/03/2017
Production News : Sky Arts Launches Art 50
Sky Arts has announced the launch of Art 50, to explore what it means to be British in a post-Brexit Britain, following the triggering of Article 50 o
Production News : Sky Arts Launches Art 50
Sky Arts has announced the launch of Art 50, to explore what it means to be British in a post-Brexit Britain, following the triggering of Article 50 o
10/02/2017
BSI Launches The ZF-CAM 1080p/50/3G Drone Camera
The drone camera features remote Zoom Focus and Camera Control for Live Broadcast. BSI UK, the European business of Broadcast Sports Inc., specialist
BSI Launches The ZF-CAM 1080p/50/3G Drone Camera
The drone camera features remote Zoom Focus and Camera Control for Live Broadcast. BSI UK, the European business of Broadcast Sports Inc., specialist
05/01/2017
Audio-Technica Extends ATUC-50 Functionality
Audio-Technica has announced the expansion of its ATUC-50 digital discussion system with the launch of the ATUC-50INT interpretation unit. Designed fo
Audio-Technica Extends ATUC-50 Functionality
Audio-Technica has announced the expansion of its ATUC-50 digital discussion system with the launch of the ATUC-50INT interpretation unit. Designed fo
