Granada has announced an interest in expanding in cable. It is developing low cost television channels, which would exploit the company’s existing productio capacity. The new media restrictions prevent Granada owning any more broadcasting licences. Cable possibilities Granada is looking at include a programme library channel, soap opera channels and children’s channels.
More Industry News articles
The National Lottery Live has zoomed back to the top of the top thirty programmes chart with 15.83 million viewers. This is the first time since the week ending 2nd of April that the Lottery has gained more than 15 million viewers and represents an increase of 11.9% on last week’s figure.ITV’s two new drama… Continue reading TV Viewing Summary W/E 28/05/94 – Lottery Tops Chart
That’s Life, the new women’s title from Bauer, will be on the newsstand from Next Monday, although it is being distributed free this week with Take A Break and TV Quick.Editorial concentrates on readers true life, triumph over tragedy stories, with only a few pages being given over to health, cookery and fashion items. There… Continue reading That’s Life Magazine Launch
Granada’s takeover of LWT paid off financially in the 6-months to April, Granada have announced today, with pre-tax profits up by 50% to £154.5m. Granada television profits were £36.6m compared to £29.9m in the previous year and LWT’s profits were £35.3m.
The ITC has today officially warned Channel 4 over two editions of The Word, stating that stricter controls have to be exercised on the content of items in similar programmes in the future. This is the second occasion that the ITC has had to issue a formal warning to Channel 4; the first time was… Continue reading Channel 4 Warned By ITC Over The Word
The Independent is to re-launch with its new revamped tabloid Section Two on Monday 12. The redesign launch is also the first new campaign from the recently created M&C Saatchi agency.The relaunch will include a new design for the front page as well as the new tabloid section. Section Two will lead on a topical… Continue reading Independent To Revamp Section II
The cable television business is currently generating revenues of about £230m per year, according to the ITC’s annual survey of cable subscriptions; this shows that the average cable television subscriber is paying £23.32 per month, compared with £22.61 a year ago.The number of broadband cable subscribers increased by more than 50% compared with a year… Continue reading Cable TV Business Generates £163;230 Million
The Daily Mail and General Trust media group has today announced results for the 6 months to April, with pre-tax profit up 60% to £38.3m from £24m before. Advertising growth in regional titles showed signs of slowing, warned the group, and increases in newsprint prices would also have an impact.
Chiltern Radio has today announced details of its objections to GWR’s £21.3m takeover bid. The board said that the offer seems designed for the benefit of Chiltern’s two largest shareholders, DMGT and Capital Radio, who hold 37%, and prejudices the smaller shareholders.The board said that an offer including a cash alternative is essential, and estimates… Continue reading Chiltern Radio – GWR Offer Prejudices Minority Shareholders
Greg Dyke, chairman and chief executive of Pearson TV, a partner in Channel 5 Broadcasting with the MAI group, described the auction of the C5 licence as a “disaster.”Speaking at a debate on Channel 5 at the National Film Theatre, Mr Dyke said, “It is no way to allocate a scarce television resource like a… Continue reading Dyke: Channel Five Auction Will Be A “Disaster”
