Pension funds press Disney
Walt Disney came under further pressure yesterday when six of the largest pension funds in the US called for an urgent meeting with directors to voice their concerns over its performance. By David Teather.
Telewest talks up triple play as losses are cut
Telewest says losses dropped last year to £272m from £2.2bn and insists that its fabled "triple play" of broadband, telephony and television is still a draw for customers despite adding only 9,000 new households in the whole of 2003.
BT to offer TV and movie hits online
2.30pm: Telecoms giant BT today unveiled ambitious plans to boost subscriptions to high-speed broadband services, including taking on pay-TV companies by offering hit shows like ITV series The Bill. Owen Gibson reports.
Lane Fox sells 2m Lastminute shares
Martha Lane Fox, former dotcom co-founder of online travel site Lastminute.com, yesterday sold 20% of her stake in the business, writes Richard Wray.
We’ll battle on, say Disney investors
Furious Walt Disney investors said yesterday the company had not gone far enough by stripping its long-standing boss Michael Eisner of his chairmanship after the company's raucous annual meeting in Philadelphia. By David Teather.
Eidos targets and wins Hitman creator
Eidos, the computer games company behind digital heroine Lara Croft, yesterday announced the acquisition of a Danish competitor but ruled out deals between the sector's big players. By Dan Milmo.
Disney shareholders force Eisner out of chairman’s role
Walt Disney last night said it would split the role of chairman and chief executive after a 43% of shareholders withheld their support for Michael Eisner's re-election at the company's rowdy annual meeting. By David Teather.
Rebellion grows against Eisner
Roy Disney and his fellow dissident shareholder Stanley Gold yesterday said their campaign to oust Walt Disney chairman and chief executive Michael Eisner had gained 'an enormous amount of traction' ahead of a crucial vote today. By David Teather.
BT unveils cut-price broadband offer
10.45am: BT has slashed the price of its cheapest broadband internet connection to less than £20 a month. By Owen Gibson.
Hats off to new film company
Shares will start trading this week in Content Film, the UK's biggest listed film company.
Vodafone coy about potential bid for Vivendi Universal
Vodafone chief executive Arun Sarin yesterday refused to rule out a bid for the whole of Vivendi Universal in an effort to wrest control of French mobile phone company SFR from the media conglomerate. By Richard Wray.
The big bidders are coming to a screen near you
Michael Green, former chairman of Carlton, is planning to bid for the 330-screen UCI business, which is being auctioned by owners Vivendi Universal and Viacom
Good fortune for Disney in bid battle
Walt Disney was yesterday trumpeting its position as America's most admired entertainment company in the annual rankings of Fortune magazine, writes David Teather.
France Telecom moves to buy out Wanadoo
France Telecom yesterday announced a ó3.9bn (£2.6bn) offer to buyout the minority shareholders in its internet arm Wanadoo, report Mark Milner and Richard Wray.