The Mirror Group has confirmed that it is buying a controlling stake in Century Newspapers, the Irish group which publishes the News Letter (Newsline 20/06).Century has net assets of around £2.2 million and in the year to 30 June 1995 reported pre-tax profits of £0.5 million and an increasing circulation. The Mirror hopes that by… Continue reading Mirror Group Buys Century Newspapers
Radio stations Sun-City (Sunderland), 96.3 QFM (Paisley) and Radio City MF (Liverpool) have all changed contracts to NTL from their original service providers. The new licensee for East Lancashire, Asian Sound, has also chosen a 10-year NTL Total Broadcast deal.NTL, who provide broadcast transmission for the likes of ITV and Channel 4 as well as… Continue reading More Contracts for NTL
The Office of Fair Trading is to lead a new investigation into BSkyB’s £670 million deal with the Football Premier League which could be referred to the Court of Restrictive Practices. One referral is already being considered by the court regarding the deal which runs for the 1996-97 season (Newsline 06/02/96). The recent enquiry involves… Continue reading BSkyB Premiership Deal Faces New Probe
Caledonian Publishing, the Scottish newspaper publishing group, has confirmed that it will be coming to the Stock Exchange next month (see Newsline (14/06)).It hopes that the move will raise around £100m. Caledonian, which publishes The Herald and Evening Times in Glasgow, will probably use the funds to pay off debts which are believed to be… Continue reading Caledonian To Float On Stock Exchange
A survey has revealed that the proportion of children viewing non-terrestrial television channels has risen from 34 per cent in 1994 to 46 per cent in 1995, with children seeking opportunities to watch cable and satellite channels at a friend’s house if there is no access at home.The ChildWise Monitor Survey ’95, published by Market… Continue reading Children’s Non-Terrestrial Viewing Rising
Carlton Television has confirmed that it is planning a new satellite and cable channel which will focus on food and lifestyle.The channel, tentatively called “Carlton Food Network”, is due to launch in September and will fill Carlton Select’s daytime slot which is currently vacant from 1pm till 5pm. 70% of the programming will be original… Continue reading Carlton Plans New Cable Channel
The troubled Sunday Business is in the process of a restructure after an accountant was appointed to evaluate the financial stability of the venture which launched in April. As reported in Newsline (12/06) the paper applied for administration by the courts and now has 90 days in which to organise its finances and secure new… Continue reading Sunday Business Faces Restructure
ITN has issued financial results which show its pre-tax profits rising from £9.4m in 1994 to £15.3m for the year ended 31st December 1995. Turnover also rose, up from £85.1m to £88.7m.As well as the ITV network ITN supplies news to Channel 4, Independent Radio News, Planet 24’s Big Breakfast and NBC Super Channel. All… Continue reading ITN Shows Profits Of £15.3m
http:http://www.intervid.co.uk/eye/gateway.htmlGateway to the Eye is the title of Private Eye’s front page. The page itself is beautiful to look at with its blurred-pink newspaper background and amusing cartoon of a Templar Knight wearing virtual reality glasses. The popular tongue-in-cheek political magazine (developed by Gnometech TM) does enough to convince the readers that they will not… Continue reading Website Of The Week: Private Eye (900th issue)
The Mirror Group is about to invest £15m in the Belfast-based Newsletter, according to recent press rumours. It is believed that most of the money will be spent on printing presses for the daily newspaper, which will also be used to print Mirror Group titles in both northern and southern Ireland.As part of the deal… Continue reading Mirror Group May Buy Irish Paper
