Phil Georgiadis, chief executive of Initiative Media, is leaving the company to become a partner at Walker Media, the new Christine Walker operation (subscribers see Walker/M C Saatchi Venture Confirmed).It is understood that he will take a significant stake in the company, which is jointly owned by Walker and M&C Saatchi.M&C Saatchi: 0171 543 4500
Omnicom is to combine the media operation at full-service Griffin Bacal with BMP Optimum, it has emerged.Griffin Bacal, which will still run a media department, will now be able to use Optimum’s buying power and will also join MGM as part of Optimum’s TV dealings.Griffin Bacal: 0171 831 4555
Dr Brian Smith, chairman of Cable & Wireless, has announced that he is to retire from the company with effect from the Annual General Meeting in June 1998. He will be succeeded by Sir Ralph Robins, chairman of Rolls-Royce and non-executive director of C&W since April 1994.C&W: 0171 315 4495
http://news.bbc.co.uk/Last week the BBC launched its 24-hour online news service BBC News, just days before the unveiling of its News 24 service on cable and late night BBC channels. Amidst the rumpus surrounding News 24’s pre-launch difficulties, the online BBC News has received very little attention. In fact there does seem to be a prevailing… Continue reading Website Of The Week – BBC News
The rights to broadcast live commentary of World Cup ’98 games have been won by Talk Radio . BBC Radio 5 previously held the rights exclusively. Talk is now to offer advertisers a number of airtime sponsorships packages.Talk Radio Press Office: 0171 467 8041
ITV’s plans to change its sales policy (subscribers see Sales Houses Propose Change) are being considered by the Incorporated Society of British Advertisers (ISBA) which, in turn, is seeking the view of the IPA. ITV plans to negotiate advertising deals on the basis of the share of clients’ total expenditure on TV advertising rather than… Continue reading ISBA Consults IPA On ITV Sales Policy
BSkyB has announced a drop of £4.7m in pre-tax profits for the three months to September, from £66.3 million to £61.6 million. Revenue however grew 24% to £330.2m. It is also expected that Sam Chisholm will hand over the chief executive title to Mark Booth, JSkyB’s chief operating officer, at today’s company meeting.The reason for… Continue reading Drop In Profits At BSkyB As Chisholm Steps Down
The Sunday Telegraph‘s special offers continued to reap dividends in October, when circulation grew 23.9% to 886,954. This was the highest year on year May-October growth among all the nationals. In the broadsheet market as a whole there were only two titles which saw a drop in sales from last year: the Independent fell 1.7%… Continue reading National Newspaper Round-Up – October
The Liberal Democrat trade and industry spokesman in the Lords, Lord McNally, has criticised News International’s newspaper price cuts, particularly The Times which sells at 10p on Mondays. Rupert Murdoch’s News International, which also publishes the Sun for 28p daily, has been attacked by a number of Government figures including Robin Cook, Mo Mowlam and… Continue reading Murdoch’s Newspaper Price Cuts Attacked
Following its September request for parties wishing to develop community radio (subscribers see IRTC Seeks Expressions Of Interest In Irish Community Radio), the IRTC has received 33 expressions of interest for the licences. Of the 33 submissions 24 are for community licences and 9 are for community of interest licences. Seven submissions have also been… Continue reading IRTC Receives 33 Expressions Of Interest In Community Radio
