Broadcast News

Bookmark and Share
22/08/2000

GRANADA MEDIA GROUP STRENGTHENS POSITION

Granada Media’s recent acquisition of United News and Media (UNM) has significantly strengthened the company's position in the UK broadcasting sector.
Granada Media bought the television assets of rival UNM for £1.75 billion, making it the largest media owner in the ITV network.
As part of the deal, Granada will buy UNM's Anglia and Meridian ITV franchises and HTV, which covers Wales and the West of England.
Following completion of the deal Anglia and Meridian will join Granada’s LWT, Tyne Tees, Yorkshire and Granada ITV franchises.
Many analysts view a consolidated ITV as being central to the acceleration of ITV’s current digital strategy by rapidly developing the ITV brand as a family of themed channels.
The enlarged Granada Media Group will have a leading position in UK free to air broadcasting.
Granada will now reach over 15 million homes and account for approximately £1 billion in advertising revenues within ITV, which is one of Europe’s most successful commercial broadcasters.
Granada Media has confirmed that it is no longer considering the possibility of making an offer for Carlton Communications PLC.
Charles Allen Chairman of Granada Media said: “This deal delivers on the strategy we outlined during our IPO on every front. It increases our national footprint, strengthens our offering to advertisers and allows us to play a leading role in ITV.
"We’ll have a wider range of programme genres to offer and an expanded international programme production and distribution business. It will drive the development of ITV and Ondigital and boost our broadband capability.”
Granada, with its vast array of credits, is acknowledged as one of the largest independent TV production companies in Europe. Its acquisition of UNM will increase Granada’s influence and heighten its position in the ratings war.
Granada added that United's established expertise in children's, animation and wildlife programmes would complement its own strengths in drama, soap and entertainment and factual genres.
UNM’s programme output, while modest in comparison to Granada’s, has built up an impressive portfolio of material over the past four years in adult drama, factual and children’s shows. These will compliment Granada’s programme output and allow them to move into these areas of programme output.
Formal completion of the acquisition is expected to take place by the end of December 2000 when Granada Media will assume full management control of the business if shareholders pass the requisite resolutions.
The company expected the combined business to generate cost savings of around £30 million in 2002.
VMI.TV Ltd

Top Related Stories
Click here for the latest broadcast news stories.

29/09/2017
RTS Announces Nominations For North West Awards 2017
The Royal Television Society (RTS) North West Centre has announced the nominations for its annual awards, at an event sponsored by Audio Network. Cat
02/10/2015
RTS North West Announce Awards Shortlist
The Royal Television Society (RTS) North West Centre has announced the shortlist for its annual awards at an event hosted by CBBC presenter Lauren Lay
12/10/2010
RTS North West Announces Shortlist For 2010 Awards
The Royal Television Society has announced the shortlist for its 2010 awards in the North West - one of the UK's most respected and celebrated awards
14/06/2001
GRANADA REFOCUS ON TWIN BUSINESS DIVISIONS
GRANADA, one of Europe’s leading commercial television companies, are reorganising all their businesses into two distinct and focused divisions compri
18/11/2014
Winners Announced For RTS North West Centre Awards
The Royal Television Society (RTS) North West Centre has announced the winners of its annual awards on 15 November at the Hilton, Manchester. The even
11/12/2003
Carlton and Granada announce further merger details
ITV franchise holders Granada and Carlton have released details of share allocation in advance of their upcoming merger. Under the terms of the merger
23/07/2001
ITV TO FORM NEW ONLINE DIVISION
ITV ARE to form a new division, ITV Interactive, as the unified home for all online and interactive activities and the portal operations of ITV Active
13/12/2007
Seven Network And Granada International Sign Agreement
The Seven Network and Granada International, part of the UK's ITV, has confirmed the signing of a long-term exclusive agreement that will deliver Gran
25/04/2001
GRANADA AND CARLTON TO ALIGN ITV AND ONDIGITAL
CARLTON Communications and Granada have announced proposals for a new partnership to align ITV and ONdigital - creating an integrated free-to-air, pay
08/02/2001
GRANADA PROGRAMMES HELP DRIVE ITV SUCCESS
GRANADA Chairman, Charles Allen, has credited ITV’s success to the backing provided by Granada’s extensive programme outlay. At Granada's first AGM wh
21/10/2003
Carlton Chairman bows to shareholder pressure
After days of intense speculation and boardroom wrangling Carlton Communications have confirmed that Chairman Michael Green is to stand down as Chairm
13/12/2000
ITV CONSOLIDATION IS A STEP NEARER
THE MAIN ITV companies including Granada, Carlton and many of the regional Channel 3 licensees have welcomed the proposed reforms in the Communication
06/02/2018
Nominations For RTS Television Journalism Awards 2018 Announced
The Royal Television Society (RTS) has announced the nominations for the RTS Television Journalism Awards 2018. The awards ceremony, sponsored by Gues
22/09/2008
ITV Distributors Rebranded As Global Entertainment
ITV plc has announced that ITV Worldwide, Granada International, and Granada Ventures will be collectively renamed ITV Global Entertainment Ltd. Led b
26/04/2001
ITV MOVE RAISES JOB FEARS
BECTU have warned that closer integration of Granada and Carlton TV could lead to job cuts. The two companies announced that their jointly-owned digit