Channel 5 is believed to be close to signing a deal with Telewest which will mean the cable company carrying out C5’s retuning programme in its franchise areas.A spokesman at Telewest told MediaTel that it was definitely in talks with C5 regarding the retuning, which is proving to be a headache for the new channel.… Continue reading Telewest Close To C5 Retune Deal
Atlantic 252 has appointed Clare Dove as head of sponsorship and promotions.She joins from Mills & Allen where she was client sales manager with key responsibilities for generating new business. She has previously held senior sales positions with Capital Radio and The Guardian newspaper.Her appointment signals a strategic decision by CLT UK Radio Sales to… Continue reading Atlantic 252 Appoints Head Of Sponsorship And Promotions
Six month figures from cable company Telewest show that losses have deepened by 205% to reach £117.7 million, compared to £38.6m last year. Revenue rose however by 141% to £133.5m (£55.4m last year).Telewest’s cable television business showed good growth in the second quarter of this year: cable television customers increased 31% whilst revenue increased 46.3%… Continue reading Telewest Losses Rise 205%
RevenueAgency estimates for June show combined revenue for ITV and Channel 4 reaching £189.994m, up 9.13% on the same period last year. Both ITV’s and Channel 4’s revenue also rose: up 8% to £147.327 for ITV and up 12% to £42.667m for Channel 4. C4’s share rose slightly from 22% last month to 22.5%: this… Continue reading TV Round-Up – June
Newsquest Media this morning announced that it has bought Westminster Press from Pearson for £305 million.Westminster Press has a total circulation approaching 2.2 million and had a reported turnover of over £140 million in 1995. Its 60 titles will be added to the 120 already owned by Newsquest. The combined company will have a turnover… Continue reading Newsquest Buys Westminster Press For £305m
Pearson PLC revealed today its pre-tax results for the half year to June 30 1996. Although sales are up by 20%, figures are generally lower than last year with profit before tax reduced by almost a third. In reaction to the disappointing figures, the Board reflected on last year and noted that profits were earned… Continue reading Disappointing Results For Pearson
BSkyB rose to 497p on Wednesday but fell to 491p by Friday. Incidentally the drop occurred amidst speculation of no compromise being made between the five nations and BSkyB for the BSkyB/England rugby contract *(Rugby Challenges BSkyB Deal).After the buy-out of Caledonian *(STV Takes Over Caledonian) , STV increased from 662p to 678p. Carlton, who… Continue reading Sharewatch
Troubled newspaper, The Sunday Business may announce potential buyers later this week. A spokesman from the publication told MediaTel: “We are optimistic that a buyer could be named tomorrow following interests from various parties.”The Sunday Business met financial difficulties earlier this year *(Sunday Business In Financial Crisis) and faced restructuring, following a successful application for… Continue reading New Buyer For Sunday Business
Pearson will today release financial results and is expected to reveal the buyer of Westminster Press. Other financial results this week include Cordiant on Tuesday, Rank Organisation on Thursday and CIA Group on Friday.Features on Newsline this week include a TV Round-Up which will look at revenue, impacts, CPTs, viewing and industry news for June,… Continue reading The Week Ahead
The Radio Authority is next week (8 August) advertising a new Independent Local Radio licence to cover the town of Stornoway and surrounding parts of the Isle of Lewis, off the north-west coast of Scotland. The licence is being offered on the FM waveband and will reach around 15,000 adults. The closing date for applications… Continue reading Radio Authority Advertises New Licences
