Feeds

ITV favourite for Friends Reunited buy-out

Bolt on for broadband TV apparently

Securing Web Applications Made Simple and Scalable

The auction to acquire Friends Reunited could be about to close after reports that ITV has agreed to stump up more than £150m to buy up the old school chum network.

So, why is the UK commercial broadcaster so interested in Friends Reunited? Well, according to The Sunday Times, ITV wants to explore other revenue-earning opportunities and it reckons there's money to be made from the net.

Last month ITV switched on a broadband TV service on the south coast of England. The service is aimed at viewers in the Brighton and Hastings area who will be able to tune into channels featuring local content including news, weather and entertainment guides via a broadband connection. Once this service is rolled-ot nation-wide ITV reckons the addition of Friends Reunited will make a splendid fit.

If all goes to plan the deal could be confirmed this week leaving the likes of BT, News Corp and Daily Mail & General Trust - which all registered their interest in buying the business - to mull over what might have been. ®

Build a business case: developing custom apps

More from The Register

next story
Airbus promises Wi-Fi – yay – and 3D movies (meh) in new A330
If the person in front reclines their seat, this could get interesting
UK Parliament rubber-stamps EMERGENCY data grab 'n' keep bill
Just 49 MPs oppose Drip's rushed timetable
Want to beat Verizon's slow Netflix? Get a VPN
Exec finds stream speed climbs when smuggled out
Samsung threatens to cut ties with supplier over child labour allegations
Vows to uphold 'zero tolerance' policy on underage workers
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
US freemium mobile network eyes up Europe
FreedomPop touts 'free' calls, texts and data
Big Blue Apple: IBM to sell iPads, iPhones to enterprises
iOS/2 gear loaded with apps for big biz ... uh oh BlackBerry
Price cuts, new features coming for Office 365 small biz customers
New plans for companies with up to 300 staff to launch in fall
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Mobile application security vulnerability report
The alarming realities regarding the sheer number of applications vulnerable to attack, and the most common and easily addressable vulnerability errors.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.