David Montgomery, chief executive of the Mirror Group, has exercised a share option with over 500,000 Mirror Group ordinary shares. Montgomery bought the shares at 61p each and promptly sold them on 19 December 1997 for 195p each.Mr Montgomery also sold 10,000 of his existing ordinary shares at 195.5p per share. The deals have scooped… Continue reading Mirror Group Chief Executive Uses Share Options
Suzanne Warner has been appointed as deputy chairman of the Broadcasting Standards Commission (BSC) for a period of four years from 1 January 1998. Recently Warner was director of group government relations at Cable & Wireless.Secretary of State for Culture, Media and Sport, Chris Smith says that Warner “will prove an invaluable asset to the… Continue reading BSC Appoints Deputy Chairman
Emap Computing has sold its computer titles to US group CMP Media. The managing director at Emap Computing said that the sale reflected Emap’s business strategy.Information Week, the title launched in March by Emap Computing and CMP Media jointly, will now become owned entirely by CMP (subscribers see Emap Looks Stateside).Emap Computing: 0171 388 2430
Microsoft’s online magazine Slate will begin charging its readers from next year. The magazine launched in 1996 and had intended to become a subscription service after a trial period but the plan was initially shelved.Michael Kinsey, the editor of the cultural weekly, now believes that there is a growing acceptance among Web users that content… Continue reading Microsoft Webzine To Charge For Access
The Newspaper Society is triumphant that 1997 has been a ‘renaissance’ for the regional newspaper industry. The Society’s director David Newell said: “It has been a tremendous year for the local and regional press: advertising revenues are up, newsprint prices are low, sales are stabilising, new ventures and alliances abound, and profits are rolling in.… Continue reading Regional Press Prospers But NS Is Wary Of Complacency
Golden Rose Communications, owner of Jazz FM, and Scottish Radio are believed to be at the front of the queue to take over Melody Radio, the London station owned by construction group Hanson.A number of companies are thought to have submitted bids at the end of last week and the station, which was put up… Continue reading Interest Builds In Melody
Viscount Astor has argued in favour of masthead programming on all channels as part of a level playing field in TV broadcasting. Speaking in a House of Lords debate last week, the Viscount was keen to see a one-law-for-all policy on masthead programming. At the moment it is only allowed on the BBC and non-terrestrial… Continue reading Lord Calls For Level Playing Field For Masthead Programming
Johnston Press has made an offer to buy Home Counties newspapers and Southern Newspapers has begun negotiations to buy the Bailey Newspaper Group, it has emerged this morning. More details will appear on Newsline when they are confirmed.
Tesco has unveiled plans to install kiosks in banks which will allow users to check the stock of their local Tesco supermarket and order their shopping accordingly. The scheme is being pioneered by head of Tesco Direct, Gary Sargeat, and will be piloted in a branch of the Royal Bank of Scotland in Corstorphine, Edinburgh.The… Continue reading Tesco Banks On Online Shopping
Classic FM is looking to build its audience share with a range of changes set for the New Year. These include the return of Paul Gambaccini to host the weekend chart shows; a new breakfast show with Nick Bailey and Henry Kelly; Sunday afternoons with David Mellor; and a new Friday evening music review slot… Continue reading New Look For Classic FM
