ITV must now be a bargain. The current team clearly are an issue but you'd think the big American companies would recognise the bargain.

The yield is also high and can be reinvested. That really does limit the down side. You can even win here if it drops further!

Got that wrong

Talk that Time Warner might be looking at ITV and Sky
Financial Times‎ - 18 hours ago
ITV rallied after Time Warner's finance officer said the US media group was considering overseas acquisitions.

http://www.bloomberg.com/news/videos/2015-08-14/why-apple-wants-a-live-tv-service

Did he mention ITV ?

In part because of its focus on self-made content, HBO’s operating margin of 35 per cent is four times that of Netflix. After accounting for the cash costs of acquiring external content, Netflix is merely cash flow break even. Time Warner has been an excellent builder. But sometimes the only way to get on to a nice street is to buy.

230p next support if slide continues.

got a stop loss at 231 , bought today @ 235

Netflix turned down a request from the BBC to co-produce The Crown, a £100 million drama on the life of the Queen, as the corporation sought to be involved with the high-profile project after being unable to afford the rights.
The BBC is in a race to catch-up with online streaming services, but a senior executive has said that it cannot compete with sites such as Netflix and Amazon that spend nine-figure sums on drama series

The X Factor' 2015: Ratings Down Two Million On Last Year, With Lowest Viewing Figures For A Launch Show In Nine Years

http://www.hotapplenews.com/article/apple-tv-wants-viewers-to-change-channel-31655926-361306.html

not a very pretty chart with sp dipping below 200 dma once again
however, the falls in this stock may be overdone and if we get a decent bounce on FTSE, which is perhaps overdue, then this could be a beneficiary

http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/digital-media/11872700/TV-must-push-back-against-Apple-and-Netflix-says-Discovery-boss.html

guess where the pain barrier was hit!

ITV to get boost from cable fees
Government looking at legislative options to remove Virgin Media's copyright exemption

ITV's main channel is currently free for Virgin Media Photo: ITV

By Christopher Williams, Technology, Media and Telecoms Editor7:29PM BST 19 Sep 2015 CommentsComment
ITV is in line for a windfall potentially worth tens of millions of pounds a year, as the Government prepares to ditch rules that allow Virgin Media to carry its main channel free.
Officials are preparing legislation to repeal a section of copyright law that gives cable operators special exemption from paying for public service channels, according to industry and Westminster sources.
The move, expected to be confirmed later this year, will allow ITV, Channel 4 and Channel 5 freedom to negotiate a fee from Virgin Media for their main channels.
The cable operator already pays to carry the broadcasters’ non-public service channels, such as ITV2 and E4, but they are likely to demand significantly higher payments for their most popular channels.
It is understood that the Government is examining its legislative options for bringing in the change at the earliest opportunity.
That moves are under way will surprise many, as over the summer Ofcom warned that disputes between broadcasters and Virgin Media could lead to channels going off air unless arrangements for “complicated and lengthy backstop regulatory determinations” were also put in place.
The regulator’s views were widely seen as a sign that the Government would choose not to act following its consultation on the issue.
John Whittingdale, the Culture Secretary, told television executives in a speech last week that his officials were still working on the consultation, but highlighted that “many respondents argued that the policy rationale behind exempting cable platforms from having to pay copyright fees for the content they are carrying is no longer relevant”.
He also hinted that protection for the prominence of public service broadcasters in channel menus could also be weakened, potentially posing a threat to ITV and others.
The moves in the background to press ahead with copyright changes will come as a blow to Virgin Media, which has campaigned to keep its exemption. The law was originally introduced to encourage investment in cable infrastructure.
However, its parent company, Liberty Global, is now ITV’s largest shareholder so stands to benefit at the other end as the new fees boost the profits. Channel 4 has said it will directly reinvest any extra revenues from cable fees in programming.
The prospect of more non-advertising income comes at a pivotal time for ITV, Britain’s biggest commercial broadcaster. It is relying on a strong performance from England in the Rugby World Cup, to which it has exclusive broadcasting rights, to bolster the flagging audiences that it depends on for advertising sales.
ITV, Virgin Media and the Department for Culture, Media and Sport declined to comment.

not uninteresting with sp judging nudging back through 25 dma

The Daily Mirror claimed the corporation had dropped the programme and that it could move to ITV.
A BBC statement said: "It is incorrect to say the BBC has axed The Voice.
"We are in discussions about its future, but we won't get into a bidding war." The fifth series of the show will start on BBC One in January.

The X factor and the Voice ? How will that work

i think the latter is even worse than the former

I get the impression, probably totally wrong. At the moment SP is fair value, speculation of a bid is just that speculation. Not at all sure ITV want that to happen. Stuck in a trading range between 240 and 250p. DYOR

Diary - 29/10 Ex Divi

10/11 Q3 2015 Trading Update.

The latter as always will determine progress of company and SP. Place your bets :0)

ITV to acquire UTV's television business

StockMarketWire.com

ITV plc today announced that it has agreed to acquire 100% of UTV Ltd, which owns the television assets of UTV Media plc, for a total cash consideration of £100 million.

This is subject to regulatory and UTV Media plc shareholder approval. The transaction will be financed through existing cash and debt facilities. The deal further strengthens ITV's free to air business and enables it to run a more efficient network. On completion of the acquisition ITV will own 13 of the 15 regional licences for the Channel 3 network and the combined business will benefit from ITV's continued investment in content, its advertising sales team and broadcast infrastructure.

UTV is the market leading commercial broadcaster and the most watched channel in Northern Ireland, broadcasting ITV content alongside high quality local programming. UTV Ltd also owns 100% of UTV Ireland, which launched a new dedicated channel for the Republic of Ireland on 1 January 2015. UTV Ireland is already the second most watched channel in peak in Ireland and ITV intends to strengthen the channel further with high-quality ITV programming at its core. "We have a long-standing relationship with UTV, which has been the leading commercial broadcaster in Northern Ireland for many years thanks to its strong regional identity and blend of excellent local programming and strong network shows," said ITV Chief Executive Adam Crozier.



Story provided by StockMarketWire.com

http://www.moneyam.com/action/news/showArticle?id=5138063