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"< /p> Criss says he is excited to finally "be free to be an artist again petercriss Criss says he's never been so happy in his whole life and that he surrounds himself with people who love and respect him " On the Net: http://www Criss denies that, saying he is in excellent health Criss says the original band is over and he is not shocked that Simmons and Paul Stanley have turned "a legendary band into a cover act for just plain profit Criss writes on his Web site, "Some people love hearing themselves talk Gene Simmons is one of them " He says he was proud to be part of something that was once great, and he ends by saying, "God bless and good-bye to that part of my life Kiss Drummer Criss Blasts Simmons Apr 7, 9:17 AM EST Kiss drummer Peter Criss is blasting Gene Simmons for implying Criss is on drugs " Criss takes issue with interviews Simmons gave to the press in Iowa and in Germany in which he claimed Criss was too unhealthy to tour with the band net She did not require any divestitures Growing investor interest has lifted this estimate by 60 percent since last October, when the merger was valued at 2 The value of the proposed deal is based on the share prices of Carlton and Granada The new business also might make an attractive takeover target for an overseas company keen to enter Europe's second-largest TV market British Gov't Backs Independent TV Merger Oct 7, 9:19 AM EST Britain's largest independent television broadcasters â€â€? Granada PLC and Carlton Communications Group PLC â€â€? won conditional approval from the government Tuesday for their plan to combine their operations into a business worth an estimated $6 The two broadcasters together own 12 of the 15 regional franchises of ITV, Britain's biggest and oldest commercial TV channel Speculation in recent months has centered on two potential buyers â€â€? Germany's Bertelsmann AG and Hallmark Entertainment, a subsidiary of Kansas City, Mo Shares of both broadcasters surged on reports of the decision by the Department of Trade and Industry The combined business would account for more than half of the country's TV advertising revenues, and Hewitt said it would be in a stronger position to compete with satellite broadcaster BSkyB and the state-run British Broadcasting Corp Industry analysts have described such measures as less onerous than a sale of assets, which would have reduced the value of the merged business Granada's shares were trading 4 The companies initially announced the planned merger a year ago, and competition regulators have been scrutinizing the deal since then 6 billion pounds A union of Granada and Carlton would mark a major step in the consolidation of Britain's broadcasting industry Just before Hewitt's announcement, investors valued the combined business at 4 The required remedies include the introduction of a new system for renewals of advertising contract rights and the appointment of an independent adjudicator to oversee them 78) while Carlton's shares rose 8 50 pence ($1 Secretary of trade and industry Patricia Hewitt said she would look favorably upon a combination of the two broadcasters so long as they took steps to ensure that the merger wouldn't hurt competitiveness in the industry Granada chairman Charles Allen would become chief executive of ITV, and Carlton chairman Michael Green would become its chairman " The new business would be called ITV PLC "Subject to suitable undertakings being offered by Carlton and Granada so that the merger can go ahead, I am confident that the merged company will be able to compete more effectively with the BBC, (independent) Channels 4 and 5, and BSkyB," Hewitt said The remedies are aimed at safeguarding the interests of other ITV license-holders and future competition for the sale of on-air advertising time 25 pence ($3 26) Of the 15 ITV regional franchises, Granada owns seven and Carlton Television owns five 2 percent to 196 A stronger ITV would be better able to provide high-quality programs, including regional programs, she added Under the original terms of the deal, Granada shareholders would receive 68 percent of ITV's ordinary share capital and 200 million pounds ($332 million) in cash upon completion of the merger Granada and Carlton had worried that Hewitt might require them to sell all or part of their advertising operations to allay fears that a merged broadcaster would have too much power in the market 4 percent higher at 107 91 billion) 7 to put into effect specific "behavioral remedies" recommended by the Competition Commission -based Hallmark Cards Inc Under this system, advertisers would be able to renew their contracts on the same overall terms but with a discount corresponding to any year-on-year decline in ITV ratings Carlton's ordinary shareholders would receive 32 percent of the merged group's ordinary share capital 91 billion 16 billion pounds ($6 However, to proceed with the merger, Hewitt said Granada and Carlton must promise by Nov "Broadcasting as a whole will benefit "These terms are as good as Granada and Carlton could have expected," said Hilary Cook, investment strategist at Barclays Stockbrokers in London |
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