In another sign of the UK market's recent rehabilitation, French media giant Vivendi (VIV:EPA) has announced it will list its Canal+ TV and film operation in London as part of a broader break-up of the business.The move may raise some eyebrows given the lack of any obvious ties between Canal+ and these shores. With the departure of Sky, its main listed counterparts will be ITV (ITV) and its cousin

In the space of a decade there has been a dramatic shift from people watching linear TV to streaming shows through various platforms. In the US 99% of households pay for at least one streaming service with Netflix (NFLX:NASDAQ), Amazon's (AMZN:NASDAQ) Prime Video and Apple's (AAPL:NASDAQ) Apple TV being the most popular.Streaming has become part of peoples' everyday lives. According to US lifestyl

Rockwood Strategic (RKW) 267.5pGain to date: 42.7%We highlighted the investment merits of Rockwood Strategic (RKW) at 187.5p in November 2023, arguing the value-focused trust was a way to gain differentiated exposure to a small cap asset class with exciting re-rating scope. We explained how manager Richard Staveley's tried-and-tested strategy identifies undervalued stocks where the company will b

Total revenue up 1% to £2.97 billionITV biggest faller in the FTSE 250 indexITV Studios revenue was up 9%Shares in ITV (ITV) fell over 6% to 61p in morning trading as the free-to-air broadcaster reported 'flat' revenue for the nine months to 30 September 2023.Total revenue crept up 1% to £2.97 billion compared to £2.95 billion a year ago, something that chief executive Carolyn McCall brushed ov

Global advertising spend expected to grow by 3%Sporting events and US presidential election gave ad spend a boostEmerging digital categories to experience high growth in 2023Global advertising spend is expected to grow by 3.3% in 2023 with inflation driving the increase to reach $727.9 billion, according to the latest Dentsu Global Ad Spend Forecasts report.This boosted ad spend is being driven by

Free-to-air broadcaster STV (STVG) was created by the combination of Grampian Television and Scottish Television in 2006 and now holds the Channel 3 commercial television licence for Scotland.It is headquartered on the banks of the river Clyde in Glasgow, and it creates and distributes programmes across various platforms including broadcast, catch-up TV, online, mobile and streaming services.Chief

- Predicts a 15% fall in ad revenue for Q1 2023- Long-term benefits from partnership with ITV- Record year for STV's streaming service STV PlayerShares in Scottish free-to-air broadcaster STV (STVG) fell over 3% to 303.47p in afternoon trading as the company warned of a 15% fall in total advertising revenue (TAR) for the first quarter of 2023.Scottish advertising is also expected to be down 20-25%

UK stocks closed in negative territory on Thursday as investors continued to weigh conflicting data on the pace of economic recovery and central bank policy.The European central bank lowered the pace of its asset purchases but indicated it wasn't in a hurry to tighten policy significantly.Weekly jobless claims in the US hit their lowest level since March 2020, which followed a report on Wednesday

UK stocks remained firmly in negative territory on Thursday lunchtime as worries over central bank tapering (removing stimulus) and increasing Covid infections hampered markets.At midday the FTSE 100 index of leading shares was down 1.2% to 7,011 points while the domestically focused FTSE 250 index fared a little better, dropping 0.6% to 23,716 points.European markets were also under pressure ahea

Shares in Scottish free to air broadcaster STV (STVG) were trading 0.4% higher this morning at 339p, after the company announced a strong set interim results for the six months to end June 2021.Revenues increased by 35% to £60.3m and EBITDA (earnings before interest, taxes, depreciation, and amortisation) increased by 78% to £13.9 million. Profit before tax improved from a prior year loss of £

London's FTSE 100 started Thursday in downbeat fashion, falling 1.1% to 7,016 points after weakness in Asian and US markets overnight, which reflected mounting fears about the impact of the Delta variant on the global economy.Energy, financials and miners were among the worst performing sectors as the blue chip benchmark experienced a third straight day of declines on global growth concerns.The EC

If you're looking for a value stock with very attractive immediate growth prospects, we've got just the one. Scottish free-to-air broadcaster STV (STVG) is ITV's (ITV) counterpart north of the border and outperforming its one-time parent.STV trades on 9.7 times forecast earnings for 2021 and its pre-tax profit is forecast by analysts to grow by 37% this year to £20.2 million and then hit £23.3 m

UK stocks gave back their early gains on Wednesday to close in the red despite a raft of positive corporate news and vaccine developments.Similarly, stronger than expected ADP jobs data and positive earnings updates failed to ignite US markets on Wednesday.At 4.30pm the benchmark FTSE 100 index was down 0.2% at 6,503 points.COMPANY NEWSMobile operator Vodafone (VOD) posted a return to growth in se

UK stocks gave back early gains by Wednesday lunchtime but remained in positive territory, helped by a raft of positive corporate news and positive vaccine developments.At 12pm the benchmark FTSE 100 index was 0.2% to the good at 6,528 points, as gains in insurers and housebuilders helped offset weakness in oil and mining stocks.COMPANY NEWSMobile operator Vodafone (VOD) posted a return to growth

UK stocks opened higher on Wednesday, buoyed by vaccine and US stimulus optimism together with a raft of positive corporate news.At 8.45am the benchmark FTSE 100 index was up 29 points or 0.4% at 6,545, as gains in insurers and house builders helped offset weakness in oil and mining stocks.The pound was steady against the dollar at $1.3655, while Brent crude oil prices trod water at $57.80 per bar

The news on 9 November of successful early trials of a coronavirus vaccine sent global markets soaring with the most beaten-down sectors like travel, leisure and hospitality, energy and banks enjoying their best daily or weekly performance in years. This has been followed by further positive news on other vaccines in development.It remains the case, however, that many of the top-performing stocks

Scottish free-to-air broadcaster STV (STVG) was flat at 216.2p despite reporting a better than expected recovery in advertising and a strong viewing performance in a third quarter update.Total advertising revenue for the quarter was -4% year on year, with July -7%, August +1% and September -5%. October improved further to -2%.STV-controlled advertising was higher with regional advertising up 8% an

What is ITV's (ITV) counterpart north of the border getting right that its former parent is getting wrong?Both are under relatively new management and Carolyn McCall at ITV and Simon Pitts at STV (STVG) arguably face the same challenges of a difficult consumer backdrop and political uncertainty with all the implications that has for advertising revenue.Yet in the past 12 months shares in STV are u

At the start of this week STV (STVG) and Sky announced a five-year deal giving Sky customers in Scotland access to STV's programming in full HD for the first time. This has direct relevance to ITV (ITV), as we now explain.STV shows will also be available on catch-up using STV Player on Sky Q and Sky+ set-top boxes and mobile streaming from the second half of this year. Programmes include flagship

A new UK income fund has thrown its hat into the ring as investors search for reliable and regular dividend-paying investments. Octopus Investments will launch FP Octopus UK Multi Cap Income Fund on 10 December, targeting a 4% annual yield with dividends to be paid quarterly for the convenience of investors.UK income is already a very crowded space in the funds world, so new products need to have