Nynex, the cable television operator, has appointed SG Warburg and Salomon Brothers as advisers on a potential flotation on the London stock market. The move comes as a flurry of cable companies plan to seek a London listing next year.
Press attempts to reveal the identity of this week’s £18m National Lottery winner have caused the Government to react. Complaints that rules to keep winners’ names secrets are being abused by some newspapers have led National Heritage minister Iain Sproat to say that protests could go to the Press Complaints Commission.
A row at Saatchi & Saatchi means that the future of Maurice Saatchi as chairman is uncertain. Shareholders controlling a third of the group’s shares led by Harris Associates of Chicago, were so angry to learn of the option scheme estimated to be worth £5m for Maurice Saatchi, that they have put forward proposals to… Continue reading Saatchi Row Over Options
EMAP has confirmed that it is to buy Maclean Hunter European Publishing from Canada’s Rogers Communications for £60m cash.Other interested parties in buying Maclean Hunter had included Reed and a management buyout.Maclean Hunter European Publishing includes 22 directories and 34 magazines, in the UK and six other countries. Titles include the UK Press Gazette.EMAP said… Continue reading Emap In £60m Takeover Deal
The BBC Lottery show has been criticised by Michael Hurll, who called for it to be completely changed as soon as possible. Michael Hurll, a light- entertainment producer was asked by the BBC to act as a consultant on the programme, said a three-minute draw would be preferable until a better show could be devised.… Continue reading TV Show Criticised
TSMS has launched the TSMS Portfolio, aimed to help its FMCG advertisers. There are ten portfolio services from suppliers who have linked with TSMS; the packages cover all elements of the marketing mix and will provide a measure of effectiveness of advertising. Measures offered include ad tracking, sales measurement, viewing data and concept testing.TSMS claim… Continue reading TSMS Marketing Services Launch
Jeremy Isaacs, founding chief executive of Channel 4 has launched a campaign to overturn its funding formula. Other backers of the campaign, which launched in a letter to the Times, include Lord Young, chairman of Cable and Wireless, who as trade and industry secretary in 1990 was responsible for the 1990 Broadcasting Act which set… Continue reading Support For C4 Funding Campaign
Newspaper Publishing is looking to its shareholders to raise £35m to cover trading losses, bank debt and other write-offs. There are to be meetings this week between the two principal shareholders – MGN and Ireland’s Independent Newspapers, to discuss the fund-raising.
Channel 4 today launched its Winter schedule. Some of the highlights include; Hearts and Minds, a four part drama about inner-city idealism under threat, by Jimmy McGovern (creator of ITV’s Cracker) which the channel hopes will be this years GBH.New documentary series include; Secret Lives,a look behind the image of some of the 20th Century’s… Continue reading Channel 4 Winter Schedule Launch
According to a survey into TV Viewing carried out by Carat Research, Channel 4’s Garden Club is enjoyed more by its viewers than The Good Sex Guide. 40% of the Garden Club audience rated it as very enjoyable compared with only 14% for The Good Sex Guide.The survey covered 60 TV programmes during the last… Continue reading Tv Viewing Survey – Gardening Enjoyed More Than Sex
