I'm expecting an ITV RNS on 18th of December, but could be very wrong. I should have bought more when the share price hovered just above 60p. I only buy shares at rock bottom, to be in with a reasonable chance.
A long time ago, someone said, "The only thing thing you need to know about the market, is how to make your gross, your net". Useful information, but needs simplifying.
"IF YOU BUY SOMETHING CHEAP ENOUGH, YOU ARE MORE LIKELY TO PROFIT" |
I hope not. |
I wonder if a merger is on the cards... |
Here's the Canal+ split mentioned by II this morning. Canal+ to be listed in London next week. A takeover target for ITV perhaps... :0)
Shareholders agreed Monday to split up the French media conglomerate Vivendi into four companies in an effort to boost the value of the various firms. Resolutions to confirm the creation of independent Canal+ television, Louis Hachette publishing and Havas advertising firms, plus a Vivendi holding group were approved by more than 97% of shareholders. Vivendi announced 12 months ago that it would study breaking up the group to unlock value in its different operations. Chair Yannick Bollore said the company estimated Vivendi's share price was 44% lower than it should be due to the fact it is a conglomerate. Canal+ will be listed in on the London Stock Exchange from December 16. Havas will be listed in Amsterdam and Louis Hachette in Paris. Vivendi will also keep its Paris listing. |
thanks for letting us know |
ITV has been spoken of as a takeover candidate for years. |
Sure but we (and many market commentators) all agree ITVs ‘sum of the parts’ is greater than the market cap (thanks to Studios) that was the similarity. Unlocking that value is the main catalyst in waiting.. |
thats kind of you |
I wouldn't class ITV as a conglomerate. They have an integrated model, which, for them, makes some sense, IMO. |
Found some more on Canal+ - crikey this sounds just like what ITV need to do
This strategy aims to address the “conglomerate discount,” where the sum of the parts is often undervalued compared to a more streamlined entity. |
Hans - re the Canal+ item above - this bit caught my eye “will not be required to follow mandatory stock market regulations on public offers”
Not sure why they should be able to do that - but wondering what regulations exactly they can avoid? Interesting. |
Huckers - after only 1,962 shares on Friday there was only one place left to go - Zero! ;) |
No buybacks today it seems? |
Approved!
Canal+ coming to the London Stock Exchange December 16th!
Will they shake things up in this sector guys?
To the Moon!
Hans |
Bobbing along quite nicely today. Long may it continue. Shorters nighmare, the drip, drip, drip treatment :-) |
"Less clear is the future budget for Sky News. Comcast promised to fund it until 2028, part of its regulatory undertakings when it bought the company"
Merge it with ITV News!
"Warner has said it will be launching Max, its standalone streaming service in European markets."
Why bother launching yet another streaming platform? Just roll out ITVX in Europe! |
try this, I still have some links for non subscribers Dana Strong on running Sky after the Murdoch era: 'I dialled up collaboration' - https://on.ft.com/4g8AJPc via @FT |
An FT story on the Vivendi (Canal+) split. ITV mentioned briefly.
www.ft.com/content/d7f418f9-c534-4e68-a321-e3b581a69c76 |
My contact says ITV is a takeover target...
I cant say much more about him..
But he goes by the alias Goldfinger... |
That advertising piece is very interesting & bullish for sure , but we don’t know what assumptions are being made about growth , inflation and therefore interest rates that would all be relevant, & it’s from a WPP sponsored company. Ie , it has a huge vested interest in talking things up…just saying. |
Thanks Justiceforthemany.
Just thinking cautiously at present and wondering if there may be further impact to advertising revenues here continuing into Q1 & Q2 2025. I havent a clue..
(ITV expects total advertising revenue to decline 6-7% year on year in Q4, the broadcaster announced as part of its Q3 trading update.
The anticipated fall is being attributed to a tough comparable against last year’s Rugby World Cup, but ITV also noted that Q4 ad bookings were “impacted by the uncertainty in the lead-up to the UK budget”) |
Thanks Justice - good link.
"The global advertising market is expected to sail past $1 trillion (£783bn) in value this year as the British ad market supercharges growth into 2025."
No wonder vultures are circling ITV. Follow the money! |
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