Radio operator The Wireless Group has confirmed reports that it has received a proposal for a cash offer for the company from its senior management, including chairman and chief executive Kelvin MacKenzie.While reports over the weekend stated that MacKenzie was preparing to take control of the company in a deal worth £100 million, TWG stated… Continue reading MacKenzie Outlines Plans For Wireless Group Purchase
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Ofcom has awarded the FM local commercial radio licence for Ashford in Kent to Local Ashford Radio Kent (Lark), partially owned by Kent Messenger, which will broadcast in the area as KM-FM Ashford.In awarding the licence Ofcom stated that, as a ‘smaller’ licence serving a locality which is not the sole focus of any existing… Continue reading Ofcom Awards Ashford FM Licence To Kent Messenger
Future Publishing has announced the creation of its latest computing title, Computer Upgrade, representing the nation’s first publication dedicated entirely to helping readers upgrade their current PC.The title, launching in April, will be housed within Future’s Technology group, currently home to the company’s PC Format, PC Plus and T3 magazines. The publisher states that its… Continue reading Future Upgrades PC Portfolio With New Title
Magazine publishers, Highbury House Communications, has confirmed that it has reached agreement over the proposed takeover bid by Future, creating the UK’s third largest consumer magazine group, in a deal said to be worth £96.5 million.The agreement will see titles such as Real Homes and Fast Car added to Future’s existing portfolio, which includes Guitar,… Continue reading Highbury Confirms Future Takeover Bid
Radio operator, The Wireless Group (TWG), has confirmed media speculation that it has received a proposal regarding a possible cash offer for all the issued share capital of the company, from its senior management including chairman and chief executive Kevin MacKenzie. Industry reports over the weekend stated that MacKenzie was preparing to take control of… Continue reading TWG Confirms Offer Proposal
Magazine publishers, Highbury House Communications, has confirmed that it has reached agreement over the proposed takeover bid by Future, creating the UK’s third largest consumer magazine group, in a deal said to be worth £96.5 million (see Future To Bid For Highbury). The agreement will see titles such as Real Homes and Fast Car added… Continue reading Highbury Confirms Future Takeover Bid
Egmont Magazines has announced the launch of Disney Special Collection, targeting boys and girls aged 3-7 years with what it claims is a “highly collectable, quality monthly magazine” featuring some of Disney’s best-loved characters and branded covermounted gifts.The magazine will have an initial print run of 65,000, with the first issue due to go on… Continue reading Egmont Expands Magazine Portfolio With Disney Title
Media super-regulator Ofcom has handed down a £25,000 fine to adult broadcaster, Playboy TV, following the broadcast of hardcore pornographic material which breached the watchdog’s Programme Code.Playboy’s broadcast of an R18 rated adult film on 1 May 2004, and a previous broadcast of 18 certificate material landed it in hot water with the regulator, which… Continue reading Playboy TV Fined Over Hardcore Broadcast
Future Publishing’s flagship computing magazine, PC Plus, has proclaimed a recent trial, which enabled readers to view content via their mobile phones, as a success following 35,000 downloads in just four months.The year long trial delivers a special java-based edition of PC Plus to mobile phones, a move which Future claims continues its commitment to… Continue reading Mobile Magazine Spells Success For Future
ITV has completed the sale of Superhire Limited, its prop hire business in the continued sell-off of its non-core business elements.The sale of the business, together with the freehold property it occupies, was made for for a cash consideration of £8.2 million. ITV states that the funds generated by the sale will be used to… Continue reading ITV Continues Non-Core Business Sell-Off
