Business Irish

Friday 16 November 2018

Clarity expected on DTT contract


THE future of the high stakes commercial Digital Terrestrial Television (DTT) project is expected to become clear on Monday after a crunch meeting of the Broadcasting Authority.

The Eircom-led One Vision consortium has been mulling over a contract for commercial DTT since last May, after the Boxer/DTT consortium abandoned plans to spend €165m on the venue.

Receiver checks in at Clanree


ULSTER Bank has appointed a receiver to Letterkenny's 120-room Clanree Hotel and Leisure Centre. The hotel is part of the McGee Group, which has receivers for Anglo Irish Bank at some of its operations. Accounts for Clanree show it was loss-making in 2005 and 2006.

Core Media says MCM to separate


IRELAND's largest media buying group has lost one of its members. Core Media yesterday confirmed that McConnell's buying arm MCM was "separating" from the group to "pursue a new direction". Core will now be made up of Publicis companies, including MediaVest, Starcom, ZenithOptimedia, Clear Blue Water and Radical.

Charge for access to internet news


'THE Times' and 'Sunday Times' will charge for access to their websites from this summer. They will charge £1 (€1.11) a day or £2 (€2.22) a week. The decision will be watched closely by the industry as media executives explore alternative sources of income to online advertising.

Heathrow's third runway hits snag


PLANS for a third runway at Heathrow Airport were thrown into confusion yesterday when the High Court in London upheld a complaint from a number of groups, including Greenpeace, that the runway would lead to Britain breaching its legally binding climate change targets.

Shopping centre gets green light


A PROPOSED shopping centre on O'Connell Street in Dublin was given the green light yesterday by An Bord Pleanala. The 800,000sq ft site is centred on the Carlton cinema complex. It is due to be completed by 2016.

Irish Independent

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