Business Media

Tuesday 2 September 2014

Postscript: RTE to expand television operation in Cork

Media and Marketing

Sarah McCabe

Published 29/05/2014 | 02:30

  • Share
Harry Potter brought Bloomsbury a £100m cash windfall during a 14 year spell

RTE is expanding its television operation in the Real Capital. The public service broadcaster is currently looking for bids from studios in Cork, for the provision of "cost effective broadcasting facilities".

  • Share
  • Go To

It wants to produce magazine-still content from the studio, both live and pre-recorded.

The contract will run for a year and sets out 89 days of studio time in the final months of 2014 and early next year. The deadline for bids is August 7.

NETFLIX IN PUSH FOR EUROPEAN MARKET

OUR counterparts on the continent better get used to sleep-deprivation; the freedom to binge-watch series like 'House of Cards' is about to break new ground. Netflix has announced plans to expand into six European countries this year, introducing its online TV and movie streaming service to the French, German and Swiss markets. It's pushing hard to expand overseas; despite the fact that Netflix is available in 40 countries, some 35.7m of its 48m customers come from home territory in the US. It's already available in the UK, the Netherlands, Denmark, Norway, Sweden and Finland as well as Ireland.

The company, which created the popular 'House of Cards' TV show, will also enter Austria, Belgium and Luxembourg in late 2014, and will face different rules and competitors in each market. It won't have exclusive rights to its original show in all markets, as 'House of Cards' has already been broadcast in Germany. Netflix will also have to face complex rules in France, where a film cannot be streamed on a subscription video service until three years after its release.

Details on programming and pricing in each country have not yet been announced, although the service already varies from country to country in the European markets Netflix is already active in. In the UK it costs £5.99 a month while a subscription in the Netherlands costs €8.99 a month. New Irish subscribers currently pay €8 a month – but this is expected to rise to €9 later this summer.

The costs of launching in the new markets will keep Netflix's international unit at a loss, the firm said in a letter to shareholders in April.

TV CHEFS OUTSELL HARRY'S WIZARDS

HARRY Potter publisher Bloomsbury has swapped wizards for whisks as a schedule of cookery books based on television series drives a recovery in print sales.

The British independent publisher has launched a push into the cook book sector and has enjoyed strong sales from titles such as 'Masterchef: the Finalists' and 'Paul Hollywood's Pies and Puds' (by the co-presenter of BBC TV series 'The Great British Bake Off').

Broker Investec expects sales from adult print titles, which include cookery and fiction titles, to increase by 6pc for the year ending February, reversing last year's 7pc fall in sales.

When Bloomsbury publishes its latest full-year results on Tuesday, it is expected to report pre-tax profits up by more than a quarter. Analysts are forecasting a profit before tax of £12.4m, on sales of £107m.

Chief executive Nigel Newton is aiming to turn Bloomsbury into a publisher that is more balanced between adult, children's, academic and e-books.

The Harry Potter series brought Bloomsbury a cash windfall of about £100m during the 14 years from when it first hit the shelves in 1997.

Indo Business

Read More

Editors Choice

Also in Business