David Herro, the Chicago fund manager who instigated Maurice Saatchi’s departure from the Saatchi advertising group last year, has sold a £4.2m stake in Cordiant.He has also taken stakes for a new fund in two other British companies: Vardon, the leisure group, and Powerscreen, the Northern Irish engineering group.Herro said that the move did not… Continue reading Herro Fund Sells Cordiant Stake
Weekend newspaper reports state that Maurice Saatchi has asked Cordiant, the advertising agency formerly known as Saatchi & Saatchi, to have back use of the Saatchi name.Sir Tim Bell, spokesman for Maurice Saatchi, said: “We would like the name back because it is ours.” However, Jennifer Laing, the chairman of Saatchi and Saatchi Advertising which… Continue reading Saatchi Wants Name Back
The Newspaper Society’s latest recruit is Charles Ross, previously marketing manager at Midland Independent Newspapers. Ross joined the Newspaper Society on Wednesday as development manager; he will head the campaign to raise awareness of the regional press as an advertising medium.Once Ross has appointed a team of five, he will embark on a programme of… Continue reading Newspaper Society Appoints Ross For Presentations
According to press reports officials of the Independent Television Commission initially recommended that all four applicants for the Channel 5 television license should pass the programme quality thresholds. It is believed that the government-appointed members of the ITC overruled the verdict of the commission’s professional regulators.This is expected to fuel the row because both Virgin… Continue reading Channel 5 Row Looks Set To Worsen
A radio station called The New 102 has won the Independent Local Radio license for the FM waveband serving Stratford-upon-Avon. The Radio Authority chose the station from six applicants.The license will cover Stratford-upon-Avon, in Warwickshire, and the surrounding area. Around 170,000 adults will be able to tune in to the new station.The New 102 Ltd… Continue reading New Award And Re-Awards From Radio Authority
The cable industry has formed the Cable Research Group in a bid to achieve its own airtime currency. The Cable Research Group has commissioned RSMB to conduct a BARB style diary-based audience research of cable TV households.Helen Harrison, consultant to the Cable Research Group said it is hoped the research will be a one-off, to… Continue reading Cable Industry Funds Joint Research
Lord Hartwell left the board of The Telegraph plc on 31 December 1995. His decision follows the recent sale by his family’s trust of its remaining shareholding in the company.Lord Hartwell joined the company in 1946, became a director in 1948 and from 1954-1987 was chairman and editor in chief. He also founded The Sunday… Continue reading Changes At The Telegraph And Homes & Ideas
Nick Park’s animation film A Close Shave shown on Christmas Eve has given BBC2 its highest audience figure for 1995 of 10.62 million viewers. The 30 minute comedy thriller attracted a TVR of 20 and consolidated share of viewing audience of 41% easily beating Wallace & Gromit’s nearest rival Cliff Richard by over 2 million… Continue reading TV Viewing Summary – Wallace And Gromit Give BBC2 Biggest
Audience
The Radio Authority has announced that the independent local radio licences for Northern Ireland have been re-warded to Downtown Radio and Cool FM. The licence for Dumfies & Falloway has been re-awarded to South West Sound.Other areas which have had their licences re-advertised are South Hampshire; for which Ocean Sound, the existing licensee is the… Continue reading Cool FM And Southwest Sound Keep Licences
RAJAR, following various press reports that radio stations were unhappy with latest RAJAR data has issued a statement outlining the changes that the new methodology has brought.The increasing numbers of radio services meant RAJAR had to introduce a new diary format for respondents, a stick-in diary or PPD (Personal Pre-list Diary). RAJAR has now analysed… Continue reading Rajar Warns Of Drop In Reach In New Survey
