Before Capital Radio Plc can go ahead with its proposed acquisition of Virgin Radio, the Radio Authority has to determine whether the holdings of the three local licences, Capital 95.8 FM, Capital Gold 1548 AM and Virgin 105.8 FM London, could operate against the public interest. The Authority is inviting comment from interested parties, and… Continue reading Obstacles In The Way Of Virgin Radio Sale
The BBC is reported to have £500 million in the bank, this is the largest cash pile the Corporation has ever amassed. £244 million of this came from the sale of the transmitter system *BBC Sells Transmitter Business; this has been put aside for development of digital TV services to be introduced over the next… Continue reading The BBC’s Rolling In It
The Chancellor Gordon Brown this morning announced that the Budget will take place on Wednesday 2 July. Newsline will be covering the Budget announcements as they happen.
KPMG has produced a report that looks at the benefits of advertising on the Internet. It sees five main benefits to on-line advertising.1 The Internet allows interactive ads and measurement response.2 It is a cheap advertising medium.3 The Web never sleeps, ads on the Net are available 24 hours a day.4 It is easy to… Continue reading KPMG Sings The Praises Of Internet Advertising
It is reported that, Leagas Delaney, a wholly owned advertising subsidiary of AMV, is considering a management buyout.According to The Independent, senior management at Leagas Delaney are working on a business plan and are likely to offer AMV around £10 million for the business. AMV is thought to be in favour of the proposal, although… Continue reading Management Buyout Talks At AMV
In a key ruling on 29 May, the European Court of Justice held that EU countries may not unilaterally block television broadcasts transmitted from other MS, even if they do not meet European-based programming rules. Under the EU’s Broadcasting Directive, EU television channels are required to devote over half their screen time to European programmes… Continue reading EU: ECJ Rules Against Broadcast Blocks
Mike Moore – Mississippi Attorney General – has stated that negotiators in tobacco settlement talks had reached agreement on a list of public health objectives but that no pact is expected quickly. If there was no progress, Moore said he would prepare the first state case scheduled for trial against the tobacco industry seeking billions… Continue reading US: States Negotiate Restrictions
The conciliation procedure on comparative advertising will begin on 25 June. There are rumours that the contentious issue of exemptions for the professional services has been agreed as a compromise.
Martin Bowley, managing director of Carlton Sales, is joining the board of Westcountry Television, a subsidiary of Carlton Communications.Bowley takes-up his new position later this month.Carlton: 0171 240 4000
The European Commission has said that it will renew attempts to introduce a European Union-wide ban on tobacco advertising, following the new UK Labour government’s announcement to propose a national ad ban. This indicates a new and determined commitment compared to November 1996, when EU health ministers shelved efforts to prohibit tobacco advertising in the… Continue reading EU: Commission Redoubles Pressure
