|Bid||132.95 x 0|
|Ask||133.15 x 0|
|Day's range||132.75 - 134.80|
|52-week range||102.65 - 154.35|
|Beta (3Y monthly)||0.85|
|PE ratio (TTM)||12.00|
|Earnings date||24 Jul 2019|
|Forward dividend & yield||0.08 (6.00%)|
|1y target est||177.50|
BT has retained the UK broadcast rights to Champions League soccer for three years from 2021 at an annual cost of 400 million pounds ($512 million), despite reported competition from rival Sky. The renegotiation had been seen as a test of the appetite of BT Chief Executive Philip Jansen, who took on the role in February, to spend on sports rights. The deal also covers matches from the Europa League and a planned third competition for European clubs, BT said in a statement on Friday.
ITV said the Rugby World Cup and hit dating show Love Island helped boost viewing figures and advertising revenue in the third quarter as the British broadcaster reaps the benefits of measures to turn its fortunes around. The company's shares have risen 30% in the last three months as improving advertising trends and demand for new programming, particularly in the United States, helped the home to The X Factor rebound in the second half. Advertising revenue was up 1% in the third quarter, at the top end of a range of down 1% to up 1%, despite uncertainty over Britain's departure from the European Union forcing companies to adopt a more cautious approach to spending.
British broadcaster ITV said total advertising revenue came in at the top end of its range in the third quarter, helped by demand for new drama programmes and the Rugby World Cup. Britain's biggest free-to-air commercial broadcaster said advertising revenue rose 1% in the third quarter and is forecast to be either flat or up 1% in the final quarter of the year.
Investing.com -- Here is a summary of the regulatory releases from the London Stock Exchange on Tuesday, 12th November. Please refresh for updates.
A streaming service created by British broadcasters ITV and the BBC and went live on Thursday, entering a market dominated by Netflix and Amazon with a 5.99 pound ($7.70) a month offer focused on domestic content. BritBox said Channel Four, a publicly owned and ad-funded broadcaster, would also supply content from next year, to give the service the suite of Britain's main free-to-air broadcasters which also includes Channel 5. ITV Chief Executive Carolyn McCall has said BritBox is not designed to replace big-budget U.S. rivals but should be seen an add-on service offering viewers British-focused content.
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Investing.com - The U.K. and EU will not announce a deal on Brexit Wednesday, according to several published reports. But a deal could still be announced later in the week as it was unclear at what juncture negotiations were at.