Newcastle United Football Club confirmed to Newsline that it is currently in discussions with a number of broadcasters with a view to setting up its own club-dedicated channel. Although the club would not confirm any specific plans or companies it is believed that BSkyB and Granada have made a joint offer.Manchester United recently begun a… Continue reading Newcastle United Plan Own TV Channel
September cinema admissions showed the largest year on year growth for over three years, with an increase of just under 50% to put average weekly admissions at 2.76 million and total admissions at 11.811 million. The previous largest growth was in March 1994 when there was a 72% year on year increase.Subscribers can access the… Continue reading Massive Growth In September Admissions
The ITC has decided that the takeover of HTV by United News & Media is not expected to operate against the public interest. The Commission received only four responses from the public regarding the takeover and no significant new issues were raised.ITC: 0171 255 3000
NTL, the UK’s sixth largest cable company, has reported a 70% increase in its total number of customers to 286,600. Penetration for cable and telephone services increased from 31% to 36% while churn remained static at 10%.NTL: 01252 402000
The Radio Authority is to advertise two national digital radio multiplexes next spring with bids beginning in June. It is believed that EMAP Radio, Capital Radio and DMG Radio may form a consortium to bid for one of these digital multiplexes. This would increase their chances of gaining a national broadcast.The three national commercial stations,… Continue reading Radio Consortium May Bid For National Digital Service
Capital Radio has announced the appointment of two new board members: Paul Davies joins as group commercial director with responsibility for revenue generated from the company’s radio stations and interactive media while Peter Mitchell joins as non-executive director.Davies was previously managing director of Media Sales & Marketing and his new role will involve developing sales… Continue reading Capital And ITC Make Appointments
Emap On Air, Capital Advertising, GWR Group and Scottish and Irish Radio Sales have joined forces to launch the biggest ever network sponsorship opportunity across UK commercial radio.The £2 million initiative to sponsor the ILR network’s coverage of World Cup France ’98 brings the sales houses together for the first time since they were formed… Continue reading Radio Sales Houses Join Forces For World Cup
Newsquest hit the stock market on Thursday at 250p and immediately rose 2p as it became apparent that the shares were oversubscribed. The float, at the lower end of the forecast 250p-290p, created a cash pile of around £100m and valued the company at £500m. It is estimated that 80% of Newsquest staff bought shares… Continue reading Sharewatch W/E 17/10/97
Merrill Lynch is predicting that Saatchi & Saatchi plc, after its demerger from Cordiant (subscribers see Cordiant Confirms Demerger Plans), will increase its pre-tax profits from £14.7m in 1996 to £21.7m in 1997, £30.9m in 1998 and £39.9m in 1999. Turnover for the group will remain static however for 1997 at £384m, though revenue growth… Continue reading Predictions For Demerged Cordiant Businesses
Thursday Two new magazines launch: BBC Family Life and IPC’s Made Up! both launch, with reviews appearing on Newsline.Reuters release interim results which are expected to show a drop in revenue from £736m to £685m, mainly due to the strength of sterling.Friday Q3 Rajar figures are released at noon, with analysis reports and full tables… Continue reading The Week Ahead
