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Express Newspapers owner, Richard Desmond, is considering a bid for Virgin Radio, according to a report in yesterday’s Observer newspaper. It is understood that Desmond has discussed the possible acquisition with the Board of his company, Northern & Shell (N&S), although a bid is not thought to be imminent. Analysts believe that N&S might lack… Continue reading Richard Desmond Eyes Virgin Radio, Say Reports

Richard Desmond, owner of Express Newspapers, is believed to be considering a bid for Scottish Media Group’s Virgin Radio.According to a report in yesterday’s Observer, Desmond, who has made no secret of his plans to expand his media interests, has discussed a plan to buy the commercial radio station at board level. However, it is… Continue reading Desmond Reported To Be Considering Virgin Radio Bid

Week on week analysis of the media sector reflects another turbulent week of trading as corporate profit woes, weakness in the financial sector and geostrategic concerns continue to weigh.On the corporate newsfront, Carlton was seen in focus after news that chief executive, Gerry Murphy, is close to landing the top job at DIY group, Kingfisher.… Continue reading Sharewatch

Mobile phone operators who ploughed millions of pounds into third generation investments will not see a return on their outlay for about twelve years, according to a sobering report from Forrester Research. In a survey, nine out of ten senior executives at European 3G licence holders expressed confidence that the technology, which features audio, video… Continue reading 3G Operators Face Long Wait For Profits

Hachette Filipacchi has confirmed plans to launch its women’s glossy magazine, Red, internationally.The move comes after Hachette won control of the title, which was a joint venture with Emap, after a closed bidding process with the rival publisher (see Emap Loses Fight For Red).A spokesperson for Hachette confirmed: “The potential to launch internationally was a… Continue reading Hachette Plans International Launch For Red

One in four households will not be able to receive digital terrestrial television (DTT) when the BBC launches its new Freeview service later this month. The BBC, which is launching the service in conjunction with BSkyB and Crown Castle, said that universal coverage will only be possible when the signal is strengthened in four years… Continue reading One In Four Households Will Not Receive Freeview

One in four households will not be able to receive digital terrestrial television (DTT) when the BBC launches its new Freeview service later this month (see Freeview Digital Service Will Launch This Month).The BBC, which is launching the service in conjunction with BSkyB and Crown Castle, said that universal coverage will only be possible when… Continue reading One In Four Households Will Not Receive New DTT Service

Carlton Broadcasting has announced the appointment of Coleena Reid as managing director of its London operations.Reid, who will continue her existing role as controller of broadcasting for the group, will replace Colin Stanbridge who is leaving later this month to become chief executive of the London Chamber of Commerce.Prior to joining Carlton Television as controller… Continue reading Carlton Broadcasting Announces New Managing Director

GWR’s sales house Opus and Starcom Motive have secured Cointreau as the six-figure sponsor of Classic FM.The deal includes includes on-air sponsorship, sponsorship of the Classic FM Live Concert, a classicfm.com online promotion and CD sponsorship of Classic FM magazine.The on-air sponsorship will run from 9 October until January 2003 and around Fantasy Evening Concerts… Continue reading Opus Secures Cointreau Sponsorship Of Classic FM

UK consumer magazines’ share of total advertising spend is set to increase over the next 12 years according to the Long Term Advertising Expenditure Forecast from the Advertising Association, to be released this week.According to a report from the PPA, the AA figures predict that consumer mags’ share of adspend will rise from 6.1% last… Continue reading UK Consumer Mags To See Rising Share Of Adspend In Long-Term