The Stock Exchange last night launched an insider dealing investigation into the heavy trading of Saatchi and Saatchi shares, in the four hours before the resignation of three top executives was officially announced.Acting chairman, Charlie Scott, addressing investors and analysts today, has said that the company’s falling share price was due to “hysterical press coverage”… Continue reading Stock Exchange Inquiry Into Saatchi Insider Dealing
Four further senior executives at troubled agency Saatchi and Saatchi have resigned, bringing this week’s total to seven.Today’s resignations come from Nick Hurrell and Moray MacLennan – Joint MDs at Saatchi UK, and James Lowther and Simon Dicketts – both Creative Directors.Saatchi’s share price as at 1.00pm was down 2.5p to 109.5p.
Greg Dyke is to return to broadcasting as chairman and chief executive of Pearson’s television interests. Dyke resigned as chief executive of LWT last February, after it was taken over by Granada in a hostile bid.Dyke will join Pearson on March 1 and will be responsible for expanding the group’s television interests worldwide. Pearson owns… Continue reading Dyke Joins Pearson
Viewing figures for BBC1’s National Lottery programme have fallen steadily since the first draw on November 19, which attracted over 20 million viewers. The latest figures, for December 31, show the programme attracting 12.53 million viewers.The top programme over the new year period was BBC1’s Auntie’s Bloomers, hosted by Terry Wogan, attracting 17.85 million viewers.… Continue reading Lottery Viewing Falls
Channel 4 is to run a version of Brookside in 30-second episodes on commercial radio, for 2 weeks from Janaury 17. The radio episodes will promote a week’s worth of TV episodes, when the soap, which normally runs 3 times a week, will be shown on 5 consecutive nights.As well as promoting the storyline the… Continue reading Brookside Radio Trial
Three senior executives – Jeremy Sinclair, acting Chairman, Bill Muirhead, US Chief Executive and David Kershaw, Head of London Operations – yesterday all resigned from troubled advertising agency Saatchi and Saatchi over their ‘anger at the Board’s decision to oust Maurice Saatchi as Group Chairman’, accusing the board of “commercial vandalism”.Unlike Maurice Saatchi the above… Continue reading Three More Quit At Saatchis
March 1 will see the launch of a new ‘classic’ car title from IPC called ‘Superclassics’. The new quarterly title targetting ‘the true classic car connoisseur’ will be A4 in format and cost £3.50.With an IPR of 40,000 plus, the new title enters into a market where IPC already have ‘Classic Cars’ with the highest… Continue reading New Classic Car Mag For IPC
Average weekly cinema admissions for November stand at 2.09 million according to the latest CAA figures; respresenting a year on year increase of 17.6%.The monthly total admissions figure for November is 8,9600,554, which adjusts the Moving Annual Total to 124,241,574.Films affecting the November figures included: Mary Shelley’s Frankstien, Pulp Fiction, The Client, The Lion King… Continue reading Cinema Admissions
In today’s Financial Times there is an an extended news article considering the threat MTV faces in its Asian markets from the new liaison between Star, Time Warner, Sony, Thorn-Emi and Bertelsmann. (Newsline Friday 06/01).
Brass Tacks Publishing has renamed its portfolio of titles – Which Mortgage, Which Pension, Which Savings etc will now be known as Your Mortgage, etc.
