The government has confirmed that it is to introduce a new Broadcasting Bill which will “extend choice and competition” in the UK media industry. The restrictions on cross-media ownership will be relaxed, and the digital television should be introduced within the next two years.The Broadcasting Bill is likely to be tabled at the end of… Continue reading Queen’s Speech – New Broadcasting Bill
Capital Radio has today announced record results. Pre-tax profit for the year to September 31 was up by 48% year on year to £26.5 million; turnover is also at a record level, up by 30% to £67.4 million. In addition, there is an exceptional profit of £13.4 million from the sale of their stake in… Continue reading Capital Radio In Record Profit Year
National Heritage Secretary Virgina Bottomley has confirmed that the Government is to take action against the pornographic satellite television service XXXTV (previously known as ‘TV Erotica’)An Order has been issued which will proscribe the service in this country, making the supply of dedicated equipment (eg smartcards) and programme material, advertising for or on XXTV, and… Continue reading Bottomley Limits Porn Channel’s Exposure
The latest confirmed revenue from the Radio Authority shows commercial radio’s advertising revenue is continuing to rise, up to £69.7 million for the period July to September, up 22.7% on 1994. This puts the moving annual total at £259.6 million, with three year growth at 88%.More than half of this is made up of national… Continue reading Commercial Radio Revenue Continues To Climb
BT is the latest big corporation to create new Internet facilities, taking space at the BarclaySquare shopping mall. BT has opened a shop which allows users to purchase any of a number of products by credit card.Users can browse through BT products, clicking on each to get more information and then can order by credit… Continue reading BT Shop Opens On Internet
According to a report in the Financial Times, United News and Media has no intention to sell the group’s national newspapers; the Daily Express, the Sunday Express and the Daily Star.United News and Media has received no formal offers of any kind for Express Newspapers, according to the article, with the only circumstance in which… Continue reading Doubts Over Express Sale
Johnston Press has announced it has acquired the newspaper interests of W&J Linney Limited for £20 million cash. The deal, which is subject to approval by the Secretary of State for Trade and Industry, covers 11 local newspaper titles which circulate in and around the Mansfield and Worksop areas.Two of the titles, the Mansfield Chronicle… Continue reading Johnston Press Acquires 11 Mansfield Titles
The Audit Bureau of Circulations, ABC, has announced that its proposed plans for introducing ABC staff auditors for consumer press audits have been postponed, from 1 January 1996 to 1 January 1997 at the earliest.In what the ABC calls the most fundamental of all changes in recent years to the system for auditing consumer circulation… Continue reading ABC Auditors Postponed Until 1997
Last night saw yet another national newspaper lose its editor; Ian Hargreaves, editor of the Independent resigned yesterday. He has been editor of the Independent since August last year, when circulation was at 289,000. During Hargreave’s editorship circulation peaked at over 303,000, in June this year, but the latest circulation figures, for October, show the… Continue reading Independent Editor Resigns
Virgin TV, one of the unsuccessful applicants for the Channel 5 licence has confirmed that it is to mount a legal challenge over the award of the licence. The group issued the following short statement: “On the basis of robust legal advice from Anthony Scrivener QC, the directors of Virgin Television have decided to move… Continue reading Virgin TV Confirms Legal Action
