Mr Rupert Murdoch, the Chairman of News Corporation, said he did not care if the government introduced new rules limiting an individual media owner’s share of the total marketplace to 15 per cent. Mr Murdoch accused his critics of paranoia and suggested that there was something wrong with Britain.Mr Murdoch was speaking on BBC2’s Money… Continue reading Murdoch: C5 To “Start Off Crippled”
Classic FM, whose licence runs out in the year 2000, has launched a campaign to change the way radio licences are awarded. The station wants the government to put the renewal of national commercial radio licences on an equal footing with the ITV franchises; ITV companies can renegotiate their annual payments to the Treasury with… Continue reading Classic FM Campaign To Change Radio Rules
The Independent Television Commission has issued a statement following the first meeting to discuss the Channel 5 applications. The statement makes clear the ITC view on the two applications with identical cash bids; those from Channel 5 Broadcasting Ltd and Virgin TV Ltd.The ITC makes it clear that it would regard any collusion between applicants… Continue reading ITC Statement On Identical Channel 5 Cash Bids
Capital Radio has announced results for the 6-months to March; pre-tax profits were up 52% to £12.7m. Richard Eyre, managing director, credited structural changes in the way the company attracts advertisers, particularly through providing a single point of purchase for Capital’s 11 stations.
The ITC has awarded the local delivery licence for Northern Ireland to CableTel Northern Ireland Ltd. CableTel submitted the highest of the four bids for the franchise, £14.42 million.CableTel also controls cable operations in Greater Glasgown, South Wales, West Surrey and East Hampshire, Hertfordshire and Yorkshire. This will make it the fourth largest UK cable… Continue reading CableTel Wins Northern Ireland Franchise
A new monthly music, sport and film title which is being described by its publisher as a British version of Rolling Stone is to be launched next month by European Business Communications, and will be their first publication.Ikon is scheduled to launch on 27th July, with an initial print run of 150,000 and a special… Continue reading New Consumer Title
CableTel is considering floating on the London Stock Exchange this year. Mr Barclay Knapp, president of the Nasdaq quoted company, said a London listing was “under active consideration” after the flotation of the company in the US.CableTel, with cable interests in Glasgow, West Yorkshire, Guildford and Cardiff recently raised $315m (£201m) before expenses, through two… Continue reading CableTel Considering UK Flotation
Last week saw the launch of a new cricketing monthly by contract publisher Mediamark. Third Man is being billed as a hard hitting, broadsheet style magazine which deals with all the issues at the cutting edge of cricket.With a cover price of £2.20 and an initial print run of 65,000, it is aimed at 21-35… Continue reading New Cricketing Magazine
Future Publishing is to launch a science fiction magazine next week. SFX, a monthly title available from 23rd May will focus on all aspects of science fiction including comics, films, TV and books. It has a cover price of £3.00 and an initial print run of 50,000.Mono page rate is £1117; Colour page rate is… Continue reading New Sci-Fi Title
Conrad Black, the Canadian publisher has withdrawn his offer to buy the rest of the Telegraph shares which he originally announced in February. Mr Black was to purchase the 41.5% of shares which he does not already own.The surprise move came after the board of independent Telegraph directors rejected an offer from American Publishing of… Continue reading Telegraph Shares
