More Industry News articles

Metro Radio Group has today announced results for the six months ending March 31. Pre-tax profits were £2.05m, up 24% on the previous year’s £1.65m.

Michael Toulim has announced that he is to retire as the chairman of The Word at the next board meeting on June 7. He will be succeded by Tony Boore, the managing director of the Manchester Evening News. Mr Toumin will remain a board director.For further information contact: Jeremy Morris on 0171 620 2699

TelevisionThe two-licence limit on ITV companies will be maintained. Terrestrial broadcasters will be allowed controlling interests in satellite companies, provided they do not exceed 15 per cent of audience share.Satellite and cable companies with more than 20 per cent ownership by newspaper groups above the circulation threshold, principally British Sky Broadcasting, will be restricted to… Continue reading Cross Media Ownership – A Summary

The ITC welcomes the Government’s media ownership proposals. The ITC regards it as important that the Commission will have to apply a public interest test when considering future merger proposals between television and newspaper companies. The Government’s commitment to clarify the definition of control is highly desirable, the press release goes on to say.The ITC… Continue reading Governments Ownership Proposals – ITC Reaction

Newspaper leader columns predictably differed this morning in their opinion of the Green Paper on cross media ownership issued yesterday. What follows is a summary of the leader columns of the Times, The Guardian, The Independent and The Financial Times.The Times (News Corporation) – “Stephen Dorrell’s proposals on media ownership display every sign of the… Continue reading Cross Media Ownership – What The Papers Say

Applications are being invited by the ITC for the new local delivery franchise for Lincolnshire and South Humberside, including in particular Scunthorpe and Boston. The new area will exclude the existing cable franchises of Grimsby, Lincoln and Grantham. The area covers about 174,000 homes. Applications must be submitted by noon on 21 August 1995.

Total Television viewing for the week ending 14th May has recovered from last week’s sharp fall. Viewing is up by 8.7% on the same week last year and up by 18.1% on last week’s viewing summary. The combined figures for ITV and Channel 4 have fallen by 1.9%, ITV on its own fell by 5.2%.Peak… Continue reading TV Viewing Summary W/E 14/05/95

Neil Canetty-Clarke will join the Guardian Media Group plc as Group Finance Director from September 1995. Previously Group Finance Director at LWT he will replace Stanley Porter who is retiring. Canetty-Clarke will begin working with the company from June.

The ITC has decided to award the Northern Ireland local delivery franchise to CableTel Northern Ireland Ltd. Of four bids, CableTel’s was the highest at £14,418,188. CableTel has committed to start construction in 1996 and to offer service to at least 428,000 homes in the province by the end of 2003.

The legal feud between Maurice Saatchi and Cordiant ended yesterday, with both sides agreeing to an out-of-court settlement. As part of the settlement former Saatchi executives will be free to work for the new Saatchi agency from the end of May. However, the new agency is not allowed to hire any more of Cordiant’s existing… Continue reading Saatchi Agreement