Whilst Cordiant refuse to comment, today’s national press are full of speculation regarding the appointment of a new chairman for the group. The latest person to be offered the position, which has already been turned down by one prominent city executive, is Michael Miles, former chairman and chief executive of the Philip Morris tobacco group.… Continue reading New Chairman For Cordiant?
IDG Media is to launch yet another new PC title, which is aimed, this time at parents of children aged 3-11.Parents & Computers, initially a quarterly title, launches on 17th August with an initial print run of 75,000 and a cover price of £1.95. It will concentrate on guiding parents on PC buying decisions, with… Continue reading New PC Title For Parents
Viva, the radio station which is backed by Golden Rose Communications, launched at 6:00 am this morning 3 July. The new radio station is aimed at women aged 24 to 44 in the Greater London area.Lynne Franks, the chairwoman who also has her own programme, said “The station will be contemporary and controversial, and with… Continue reading Viva Launches
The Independent remains at 30 pence today in the face of increases from both the Times and the Telegraph. The Times is up 5p to 25 pence and the Telegraph is also up 5p to 35p.Circulation Manager of the Independent, Nick Thompson, said that there were no immediate plans to increase the price of the… Continue reading Independent – No Price Change Yet
RevenueThe combined ITV/C4 revenue for May, based on agency estimates, came in at £183.115 million, an increase of 4.4% year on year. This is the smallest increase in revenue since December 1993. The ITV figure was £144.865 million, an increase of 2.2% year on year; C4’s figure was £38.25 million, an increase of 13.6% on… Continue reading Television Round-Up – May
It has been announced that John Aumonier, managing director of Talk Radio is to leave the station to pursue other interests in broadcasting. Peter Clark, Chief Executive of Media Ventures International (MVI), one of the main shareholders of Talk Radio UK will move into the station as acting managing director from today until a new… Continue reading Further Departures At Talk Radio
The media group Pearson has announced that it is cutting 520 jobs at its regional newspaper group, Westminster Press. Pearson, who employ 11,000 in the UK said the cuts were part of a management overhaul. The job losses will hit mostly administrative and managment positions.
Richard Branson’s leisure group, Virgin, has acquired MGM, the UK’s largest cinema chain from Credit Lyonnais in a deal worth more than £190m.Virgin said they plan to invest “tens of millions of pounds” over the next few years in upgrading the existing 116 cinemas. The new chain will be called Virgin Cinemas, and is expected… Continue reading Virgin Acquisition Of MGM Cinemas
Barbara Moyses has announced it is to go into partnership with Feather Brooksbank, following the decision not to join CIA’s new Scottish venture, Morgan CIA..With the addition of the £7m billed by Barbara Moyses, Feather Brooksbank has now consolidated its position as the largest media specialist in Scotland, and following new business gains from ANC… Continue reading Barbara Moyses Joins With Feather Brooksbank
Allied Radio, which operates licences in the south east and in Greater Manchester, has cut interim pre-tax losses from £364,000 to £279,000.The deficit for the six months to March 31 was after charging start up losses for Fortune 1458 AM of £568,000 and crediting a profit on the sale of its interest in Country 1035AM… Continue reading Allied Radio Results
