Ziff-Davis, the US publisher of computer magazines, newspapers and books, is to be acquired by Forstmann Little, a New York investment firm, for $1.4bn (£857m) in cash.The sale of Ziff-Davis has attracted interest because Ziff is heavily involved with the new multimedia market, including computer on-line publishing and CD-Rom titles. Reed Elsevier, Time Warner and… Continue reading Ziff-Davis Bought For $1.4bn
The Independent Television Commission will formally advertise the licence for Channel 5 on Tuesday 1 November. The ITC will have to advertise two separate propositions for the channel: one to reach just over half the UK population, and the other nearly three quarters.The reason for the doubt is that the ITC is still applying for… Continue reading Channel 5 To Be Advertised On Tuesday
David Abbott, chairman of Abbot Mead Vickers.BBDO launched the new Radio Advertising Archive at the Commercial Radio 1994 Conference in Dublin this morning. In the keynote address he told delegates that the new archive will be “A source of great inspiration and value to the creative community.”In a change of direction for the Radio Advertising… Continue reading Radio’94 Gets Under Way
Kelvin MacKenzie, in his new post as head of Mirror TV, is expected to negotiate a deal to acquire the cable station Wire TV. London-based Wire TV suffered last month when it payed £5m to show Lennox Lewis’s next five title fights, only to see him knocked out after three and a half minutes. According… Continue reading Mirror TV To Purchase Wire
Portland Outdoor, the poster specialist, is to buy Poster Publicity Limited, to form the UK’s largest poster buying specialist, with combined billings expected to be around £70m. The merger will take effect from 1 January 1995, with the two companies operating separately until then. Dennis Sullivan will remain chairman of Portland.
Redwood Publishing, which is to launch the Boots Magazine next year, has appointed Helen Brocklebank, ad manager of G+J’s Best as ad sales controller. Sally Osman, former director of press and publicity at Sky TV has been appointed publisher.
According to new research commissioned by the European Publishers’ Council, the cross-media ownership rules of the UK are out of date and unfair.The European Publishers’ Council’s report highlights a number of anomalies in the current ownership rules. For example, the owner of a foreign newspaper controlled within the European Union can buy an ITV company,… Continue reading Call To Change Cross-Media Rules
Adam Crozier, media director of Saatchi & Saatchi ihas been promoted to one of four vice-chairmen of the agency. Mike Gorman, one of four media group heads, is expected to take more responsibility in the media department.
RSA Advertising is to launch a new series of film and audience packages in January. The packages include a Disney package, a children’s package and Premiere, targetting 15-34 year olds.
Amra is to sell the Chester-based titles of Thomson Regional Newspapers. This is the first time any TRN titles have been sold by a different organisation to Thomson Media Sales.A Thomson Regional Newspapers statement said it was “a tactical action for the Chester market. No other TRN centres will be affected in any way.” Over… Continue reading Amra To Sell Thomson Titles
