The proposed takeover of Virgin Radio by Capital Radio has been put on hold after Margaret Beckett, president of the Board of Trade, decided to extend the deadline for the Monopolies and Mergers Commission to make its report. The MMC had been due to make its report on 14 November but this has now been… Continue reading Capital/Virgin Decision Delayed
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
MAID has just announced that its shareholders have approved its takeover of rival information company Knight-Ridder (subscribers see Maid Acquisition To Go Ahead).Completion of the deal, which will create a new company called the Dialog Corporation, is expected to take place on Friday 14 November. Shares in the new company will begin trading on that… Continue reading MAID Shareholders Approve Knight-Ridder Takeover
Carlton Food Network and Carlton Select have each registered an average 1% share of viewing, according to recent BARB figures released by Carlton Select. The figures come from the new BARB panel which has begun measuring a number of cable-only channels for the first time (subscribers see BARB Begins Cable Measurement).Of adults who are able… Continue reading Carlton Cable Channels Have 1% Viewing Share
MSM will close its doors on 28 November and begin trading as the newly formed Capital Advertising on 1 December. The new sales outfit will be based at Capital Radio’s Leicester Square headquarters.As part of its launch plans, the company will be launching three new initiatives to the market which will allow campaigns to be… Continue reading Capital Advertising To Launch With New Packages
The Newspaper Society has announced that Newstech, the UK exhibition and conference for the newspaper industry, has been acquired by IIR Exhibitions.The Society, which set Newstech up in 1970, says that it will maintain its long-term involvement in the exhibition’s development.The next Newstech will take place, as scheduled, in April 1999, when it will be… Continue reading Newspaper Society Offloads Exhibitions Group
