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Carlton Communications (logo)
Carlton was a British media company. It was led by Michael P. Green and listed on the London Stock Exchange from 1983 until 2 February 2004, when it was bought by Granada plc in a corporate takeover to form ITV plc. Carlton shareholders gained approximately 32% of ITV plc. As well as being the parent company of Carlton Television Limited it was also involved in several other media and broadcasting businesses and was a constituent of the FTSE 100 Index. History Founding In 1967 Michael Green established a printing and photo-processing company, ''Tangent Industries'', with his brother-in-law and his father-in-law (the future Lord Wolfson). In 1982, Green bought Transvideo, renaming the company ''Carlton Television Studios''. A year later the name was changed to Carlton Communications when the company went public. Soon after, the Moving Picture Company (MPC), Europe's largest video facilities provider, joined Carlton in a joint venture to acquire the UK subsidiary of Californ ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Wide Eye Media
Pearl & Dean Ireland (formerly Wide Eye Media) is the main cinema advertising company in Ireland. The company is owned by SGO Products Ltd and is a sister company to Pearl and Dean, the worlds longest established cinema advertising sales company. History The company, as Carlton Screen Advertising, was established in 1996 when Carlton Communications purchased the cinema advertising company Cinema Media (formerly RSA), then owned by a venture capital company backed by Shroeders who had bought Rank Screen Advertising from the then beleaguered Rank Group and renamed it eponymously. The Rank Organisation, after making a deal to buy Mecca Bingo Halls, was forced to sell the family silver and first Rank Screen Advertising then Rank Films were sold off followed later by even their prized Odeon circuit itself. After the purchase of Rank Screen Advertising, Shroeders netted a multi-million pound profit in just three years. However the high purchase price and the increasingly onerous ter ...
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Technicolor
Technicolor is a series of Color motion picture film, color motion picture processes, the first version dating back to 1916, and followed by improved versions over several decades. Definitive Technicolor movies using three black and white films running through a special camera (3-strip Technicolor or Process 4) started in the early 1930s and continued through to the mid-1950s when the 3-strip camera was replaced by a standard camera loaded with single strip 'monopack' color negative film. Technicolor Laboratories were still able to produce Technicolor prints by creating three black and white matrices from the Eastmancolor negative (Process 5). Process 4 was the second major color process, after Britain's Kinemacolor (used between 1908 and 1914), and the most widely used color process in Cinema of the United States, Hollywood during the Golden Age of Hollywood. Technicolor's #Process 4: Development and introduction, three-color process became known and celebrated for its highly s ...
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British Satellite Broadcasting
British Satellite Broadcasting (BSB) was a television company, headquartered in London, that provided direct broadcast satellite television services to the United Kingdom. They started broadcasting on 25 March 1990. The company was merged with Sky Television plc on 2 November 1990 to form British Sky Broadcasting. History Development In January 1977, the World Administrative Radio Conference assigned each country five high-powered direct broadcast by satellite channels for domestic use. In 1982, after being awarded two of the channels, the BBC proposed its own satellite service, but the government imposed two conditions on it: * Use of a satellite built by United Satellite, a consortium of British Aerospace and Matra Marconi Space (now Airbus Defense and Space), with costs estimated at £24 million per year. * A supplementary charter was agreed in May 1983 which allowed the BBC to borrow up to £225 million to cover the cost of the project, as it was not allowed to call on pu ...
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Independent Broadcasting Authority
The Independent Broadcasting Authority (IBA) was the regulatory body in the United Kingdom for commercial television (ITV and Channel 4 and limited satellite television regulation – cable television was the responsibility of the Cable Authority) – and commercial and independent radio broadcasts. The IBA came into being when the Sound Broadcasting Act 1972 gave the Independent Television Authority responsibility for organising the new Independent Local Radio (ILR) stations. The Independent Television Commission formally replaced the IBA on 1 January 1991 in regulatory terms; however, the authority itself was not officially dissolved until 2003. The IBA appointed and regulated a number of regional programme TV contractors and local radio contractors, and built and operated the network of transmitters distributing these programmes through its Engineering Division. It established and part-funded a National Broadcasting School to train on-air and engineering staff. Approach The I ...
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London Weekend Television
London Weekend Television (LWT) (now part of the non-franchised ITV London region) was the ITV network franchise holder for Greater London and the Home Counties at weekends, broadcasting from Fridays at 5.15 pm (7:00 pm from 1968 until 1982) to Monday mornings at 6:00. From 1968 until 1992, when LWT's weekday counterpart was Thames Television, there was an on-screen handover to LWT on Friday nights (there was no handover back to Thames on Mondays, as from 1968 to 1982 there was no programming in the very early morning, and from 1983, when a national breakfast franchise was created, LWT would hand over to TV-am at 6:00am, which would then hand over to Thames at 9:25am). From 1993 to 2002, when LWT's weekday counterpart was Carlton Television, the transfer usually occurred invisibly during a commercial break, for Carlton and LWT shared studio and transmission facilities (although occasionally a Thames-to-LWT-style handover would appear). Like most ITV regional franchi ...
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Leonard Wolfson, Baron Wolfson
Leonard Gordon Wolfson, Baron Wolfson, FRS (11 November 1927 – 20 May 2010) was a British businessman, the former chairman of GUS, and son of GUS magnate Sir Isaac Wolfson, 1st Baronet. He is the father of Janet Wolfson de Botton. He attended The King's School, Worcester from 1942 to 1945. Having been knighted in 1977, he was created a Life Peer on 13 June 1985 with the title Baron Wolfson, ''of Marylebone in the City of Westminster''. He was a member of the Conservative Party. On the death of his father in 1991, Lord Wolfson succeeded as 2nd Baronet (styled "of St Marylebone in the County of London"). He was granted a leave of absence from the House of Lords from 2008. He was Chairman of the Wolfson Foundation. He was elected an Honorary Fellow of the British Academy in 1986, and an Honorary Fellow of the Royal Society in 2005. He was also an Honorary Fellow of three Oxford colleges, Wolfson College (named after his father Isaac Wolfson), St Catherine's College, and Worc ...
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FTSE 100 Index
The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market capitalisation. The index is maintained by the FTSE Group, a subsidiary of the London Stock Exchange Group. Overview The index is maintained by the FTSE Group, now a wholly owned subsidiary of the London Stock Exchange, which originated as a joint venture between the ''Financial Times'' and the London Stock Exchange. It is calculated in real time and published every second when the market is open. The FTSE 100 Index was launched on 3 January 1984. The market capitalisation weighted FTSE 100 index replaced the price-weighted FT30 Index as the performance benchmark for most investors. The FTSE 100 broadly consists of the largest 100 qualifying UK companies by full market value. The total market value of a company is calculated by multiply ...
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ITV Plc
ITV plc is a British media company that holds 13 of the 15 regional television licences that make up the ITV network (Channel 3), the oldest and largest commercial terrestrial television network in the United Kingdom. ITV plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. History Pre-merger ITV plc was the result of a merger between Granada and Carlton following the various mergers between the companies of the ITV network that had taken place from 1993 when the ownership rules were relaxed. The first wave of mergers began with Yorkshire Television acquiring Tyne Tees Television in 1992, forming a parent group called Yorkshire-Tyne Tees Television Holdings.An Overview of Television in the UK
Ofcom, 2002
In 1994,
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Takeover
In business, a takeover is the purchase of one company (the ''target'') by another (the ''acquirer'' or ''bidder''). In the UK, the term refers to the acquisition of a public company whose shares are listed on a stock exchange, in contrast to the acquisition of a private company. Management of the target company may or may not agree with a proposed takeover, and this has resulted in the following takeover classifications: friendly, hostile, reverse or back-flip. Financing a takeover often involves loans or bond issues which may include junk bonds as well as a simple cash offers. It can also include shares in the new company. Types Friendly A ''friendly takeover'' is an acquisition which is approved by the management of the target company. Before a bidder makes an offer for another company, it usually first informs the company's board of directors. In an ideal world, if the board feels that accepting the offer serves the shareholders better than rejecting it, it recommend ...
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London Stock Exchange
London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral in the City of London. Since 2007, it has been part of the London Stock Exchange Group (LSEG, that it also lists ()). The LSE was the most-valued stock exchange in Europe from 2003 when records began till Autumn 2022, when the Paris exchange was briefly larger, until the LSE retook its position as Europe’s largest stock exchange 10 days later. History Coffee House The Royal Exchange had been founded by English financier Thomas Gresham and Sir Richard Clough on the model of the Antwerp Bourse. It was opened by Elizabeth I of England in 1571. During the 17th century, stockbrokers were not allowed in the Royal Exchange due to their rude manners. They had to operate from other establishments in the vicinity, notably Jona ...
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GMTV
GMTV (an acronym for Good Morning Television), now legally known as ITV Breakfast Broadcasting Limited, was the name of the national Channel 3 breakfast television contractor/licensee, broadcasting in the United Kingdom from 1 January 1993 to 3 September 2010. It became a wholly owned subsidiary of ITV plc in November 2009.ITV buys remaining 25 pct stake in GMTV
Reuters report on Interactive Investor, 26 November 2009
Shortly after, ITV plc announced the programme would end. The final edition of '' GMTV'' was broadcast on 3 September 2010. GMTV transmitted daily from 6 am with GMTV's weekday breakfast magazine programme ''
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