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ITV Broadcasting Ltd
- A series of takeovers and mergers across the ITV network, instigated by the large groups Granada and Carlton, led to Tyne Tees becoming part of ITV plc in 2004. The licence is currently held by ITV Broadcasting Ltd and the original Tyne Tees Television Ltd was dissolved on 28 March 2017.
en.wikipedia.org/wiki/ITV_Tyne_Tees
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What happened to Yorkshire-Tyne Tees TV?
The company was purchased by Granada Media Group on 26 June 1997, GMG having been formed by a merger between Granada Television and London Weekend Television. In February 2004, Granada plc ultimately went on to merge with Carlton Communications, forming ITV plc. The takeover of Yorkshire-Tyne Tees Television was thought to be worth about £800m.
On 26 June 1997, Yorkshire-Tyne Tees Television plc was acquired by the Granada Media Group plc (now ITV plc). [46] [47] The takeover concentrated ownership of the ITV network into three large groups: Granada, Carlton and United News & Media. [48]
Dec 20, 2016 · YORKSHIRE-TYNE TEES TELEVISION HOLDINGS - Free company information from Companies House including registered office address, filing history, accounts, annual return, officers, charges,...
Tyne Tees has undergone ownership changes, including mergers with Yorkshire Television and Trident Television management during the 1970s. In 1992, Tyne Tees merged with Yorkshire Television to form Yorkshire-Tyne Tees Television.
The first wave of mergers began with Yorkshire Television acquiring Tyne Tees Television in 1992, forming a parent group called Yorkshire-Tyne Tees Television. [4] In 1994, Carlton Communications – which had owned a 20% stake in Central Independent Television – acquired the remainder of the company [ 4 ] and, because of Central's ...
Yorkshire shareholders will get three shares in the new company for every two now held. Tyne Tees shareholders will get three shares for every four held. Yorkshire turned in profit figures of £689,000 [£9m] whilst Tyne Tees struggled with only £166,000 [£2.2m] profit margin.
Jun 9, 1997 · Granada Group's long-awaited takeover of Yorkshire-Tyne Tees Television last night became a near-certainty as it announced it was in talks about buying the company for pounds 652m.
