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NZME and Fairfax NZ confirm that OIO consent has been granted

Wednesday, 21 Sep 2016 08:44pm EDT

NZME Limited : NZME and Fairfax NZ merger: OIO consent granted .NZME Limited and Fairfax Media confirm that consent has been granted by overseas investment office ("OIO") to proposed merger of NZME and Fairfax NZ.

NZME and Fairfax NZ confirm that OIO consent has been granted

Wednesday, 21 Sep 2016 07:48pm EDT

NZME Limited : NZME and Fairfax NZ merger: OIO consent granted .NZME Limited and Fairfax Media confirm that consent has been granted by overseas investment office ("OIO") to proposed merger of NZME and Fairfax NZ.

Gray Television withdrew its guidance for net political advertising revenue

Tuesday, 20 Sep 2016 05:45pm EDT

Gray Television Inc : Net revenue, excluding political revenue, appears likely to meet previously issued guidance for Q3 of 2016. . "while political revenue remains significant, gray stations are receiving political advertising orders later than usual" . Trump campaign and/or allied PAC's have purchased advertising time in some gray markets . Clinton campaign and allied PAC's are currently active and/or are expressing interest in placing advertising in up to 6 states . Withdrew its guidance for net political advertising revenue for three-month period ending September 30, 2016 . Withdrew its guidance for net political advertising revenue for three-month period ending December 31, 2016 . Current political advertising orders enerally are being placed with only a few days advance notice before broadcast .Trump campaign and/or allied PAC's have expressed interest in placing advertising in up to 9 states involving up to 17 gray markets.

ITV, Sky buy stakes in eSports channel Ginx TV

Tuesday, 20 Sep 2016 10:45am EDT

ITV Plc : ITV invests in GINX TV . Has invested 1.55 mln stg in cash for a 16.5 pct stake in Ginx TV, owner of UK & Ireland's only 24-hour eSports TV channel, GINX eSports TV . Says both ITV and SKY have option to acquire further holdings in Ginx TV . If either party does not take up its option, remaining party may have option to acquire 100 pct . Sky has invested an equal stake in Ginx TV .Both ITV and SKY have option to acquire further holdings in Ginx TV.

ITV, Sky buy stakes in eSports channel Ginx TV

Tuesday, 20 Sep 2016 10:45am EDT

ITV Plc : ITV invests in GINX TV . Has invested 1.55 mln stg in cash for a 16.5 pct stake in Ginx TV, owner of UK & Ireland's only 24-hour eSports TV channel, GINX eSports TV . Says both ITV and SKY have option to acquire further holdings in Ginx TV . If either party does not take up its option, remaining party may have option to acquire 100 pct . Sky has invested an equal stake in Ginx TV .Both ITV and SKY have option to acquire further holdings in Ginx TV.

Sky, ITV invest in GINX eSports TV owner

Tuesday, 20 Sep 2016 10:45am EDT

Sky Plc : Announces that it has invested 1.55 mln stg in GINX TV, owner of UK & Ireland's only 24-hour eSports tv channel, GINX eSports TV .ITV will invest an equal amount, and both companies will have option to acquire further holdings.

Sky, ITV invest in GINX eSports TV owner

Tuesday, 20 Sep 2016 10:45am EDT

Sky Plc : Announces that it has invested 1.55 mln stg in GINX TV, owner of UK & Ireland's only 24-hour eSports tv channel, GINX eSports TV .ITV will invest an equal amount, and both companies will have option to acquire further holdings.

NDTV says IT dept inadvertently charged tax on co's total income for lesser period

Tuesday, 20 Sep 2016 09:28am EDT

New Delhi Television Ltd : IT Department says tax on co's total income, interest u/s 234b of act was inadvertently charged for a lesser period .Tax demand raised vide order stands enhanced by INR 127.1 million.

Sinclair Broadcast Group updates third quarter guidance

Tuesday, 20 Sep 2016 08:35am EDT

Sinclair Broadcast Group Inc : Sinclair updates third quarter guidance . Revising its Q3 2016 media revenues to be approximately $637 million to $638 million . On August 3, company provided guidance for Q3 2016 media revenues of approximately $649.2 million to $663.2 million . Rescinding full year political estimates of $260 million to $280 million . Q3 core advertising revenue estimate of a low single digit percentage increase versus same period last year remains unchanged . Q3 estimate impacted as "large" political advertiser was going to direct funds to organizing voters rather than campaign funding .While previously expected fall in Presidential ad spending in Q3, yet to see significant spending, even at levels initially expected.

UK's Ofcom says issued notification to Sky under communications act

Tuesday, 20 Sep 2016 05:41am EDT

Uk's Ofcom : Provisionally determined there are grounds for believing Sky contravened GC9.3 of general conditions between May 1 2015 and July 31 2015 . Issued notification to Sky under communications act, decided not to take any enforcement action in connection with general condition 22 (((Bengaluru Newsroom +91 806 749 1136);)).

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