Saatchi & Saatchi have announced that Jennifer Laing, Chairman and Chief Executive of Laing Henry, is to be appointed Chairman of Saatchis, and that Saatchis are to acquire Laing Henry Limited.Saatchis will buy out Laing Henry for £1.2 million worth of shares in the parent company. The number of shares will be based on the… Continue reading Saatchis Acquires Laing Henry
CIA has this morning released results; pre-tax profits were up 23.4% to £5.3 million compared to £4.28m last year. CIA’s share price rose by 3 pence this morning to 140p.
MAI has released interim results. Pre-tax profits in the media arm rose from £6m to £29m. This was helped by the acquisition of Anglia TV. However, MAI’s financial arm reported a fall in profits from £28m to £16m this time. The overall result was a 22% rise in pre-tax profit to £59 million.
Yorkshire Tyne Tees has announced results for the 15 months ending December 31 Pre-tax profits were up to £10.51m, compared to a loss of £7.88m. After the first 6 months of the reporting period, to March 31, YTTV was in the red by £4.6m, but a dramatic improvement in performance led to the group absorbing… Continue reading YTTV Back Into Profit
The ITC has received one application each for the local delivery franchises for Bassetlaw and Ravenshead.The applicants are: BASSETLAW Diamond Cable Ltd, to serve 32,000 residential premises and 1,050 business premises by the year 2000. RAVENSHEAD Diamond Cable Ltd, to serve 2,500 residential premises and 25 business premises by 1996. Diamond Cable Communications plc already… Continue reading Applications For Nottingham Cable Franchise
Saatchi & Saatchi has announced results for the year ended 31 December 1994; Pre-tax profits were up 69% to £32.4 million, compared to £19.2 million in 1993.Worldwide revenue was £775.4m. In the US, revenue was £314.5 million, a decline of 13%; trading was very mixed and dependent on the new business performance of individual units.… Continue reading Saatchi Announce 69% Increase In Profits
The Independent Television Commission has ruled that the scene in Emmerdale portraying a lesbian kiss, which drew 86 complaints to the commission, was acceptable. “The ITC is aware that some viewers may find any portrayal of lesbian behaviour offensive. However this was not an explicit sexual portryal and the ITC therefore concluded that the scene… Continue reading Emmerdale Lesbian Kiss Allowed
The financial future of The Independent is to be redesigned later this month in the form of a £20m rights issue.Tony O’Reilly’s Independent Newspapers and Mirror Group Newspapers will end up with 44% each of Newspaper Publishing. Of the two European shareholders, La Republicca has decided to pull out to concentrate on television interests in… Continue reading Independent Refinanced
The national newspaper ABCs for February show a similar picture overall to the last few months; News International’s titles remain steady, with the Sun up 4.5% on last year and the Times up 34.7% on last year.The Express titles continue in their decline, the Daily losing 7.8% year on year, and the Sunday Express down… Continue reading Today In Decline
Next month the Independent Television Commission publishes its annual review of programming for 1994. Channel 4 is expected to come under heavy criticism for its youth programming which includes The Word and Eurotrash. Also expected to come under scrutiny will be the Red Light Zone, a season of films focusing on erotica and deviance which… Continue reading Channel 4 Youth TV Faces Attack
