1. HTV CHAIRMAN Louis Sherwood yesterday warned of the dire consequences of changes to ITV ownership rules which could put the company under the threat of a take-over. 2. At the same time but on the opposite end of the radio dial, commercial radio stations were consolidating into national broadcasting companies as ownership rules have been relaxed. 3. Besides easing ownership rules, fund managers say the government could put in place growth incentives for the industry. 4. Bill France Jr., president of NASCAR, said a strict ownership rule would be too hard to enforce. 5. Black falls under foreign ownership rules. 6. A takeover would follow a series of cross-shareholdings among U.K. media companies seeking to exploit a relaxation in cross-media ownership rules. 7. Changes to telecommunication company ownership rules in Canada would require parliamentary approval. 8. Each of the foreign assets had a different set of ownership rules, banking covenants and legal restrictions. 9. Even in the absence or modification of some ownership rules, Powell needs to protect the public interest. 10. Executives at big media companies said the ruling was a welcome recognition that the ownership rules had become outdated in the era of media consolidation. |