The two largest entertainment groups are seeking to take over national television networks; Time Warner is in talks about buying NBC from General Electric and Walt Disney is looking at CBS.The sudden interest in network takeovers stems from new regulations which take effect in November 1995, which will allow networks to own and produce their… Continue reading US TV Market Merging
Independent Newspapers, the Irish newspaper group, reported a 4% rise in interim pre-tax profits to I£15.2m.(£14m).
Pearson has announced results for the 6 months ending 30 June 1994. Pre-tax profits for the group are up 50% to £69.3m. Chairman Lord Blakeham said most of the improvement seen in continuing operations was due to the health contributions from Thames TV, BSkyB and Extel, which did not feature last year. However, other parts… Continue reading Pearson Profits Up
According to Raymond Snoddy writing in today’s FT, the ITC is likely to announce approval for C5 in the next few weeks; there are growing signs that the new channel is likely to go ahead, although the final decision has yet to be taken by members of the board.If the ITC does decide to go… Continue reading C5 Approval Likely Soon
Ziff-Davis UK is to launch a new magazine in the third week of November, aimed at people who use personal computers at home. Computer Life is targetted at those who are technically minded, however, not at those nervous computer users who feel they do not want to be left behind, Tim Munson of Ziff told… Continue reading Home Computer Users Title
Irish state broadcaster RTE has reported profits of £6.7m for last year, down 12% on the previous year.
Century Radio, covering the North East area, and based in Tyne Tees, launched at 7am this morning. Century carries a mix of speech and contemporary classic music, with well-known broadcasters such as Simon Bates and James Whale. Century is wholly owned by Border Television.Sunday sees the launch of Galaxy 101, which covers the South West… Continue reading Regional Radio Launches
… LTA Advertising has appointed Daphne O’Keeffe as sales manager. O’Keeffe, who joins from Primesight, will work with Christy Leth, LTA’s sales director from the US, to develop a joint US/UK strategy.… John Chadwick-Jones, former sales exec at the Guardian/Observer has been appointed ad manager of Classic FM’s magazine.… Simon Mukherjee has been appointed ad… Continue reading Appointments
The Football Association has announced the first ever sponsor of the FA Cup; Littlewoods Pools. The official title of the cup will be “The FA Cup sponsored by Littlewoods Pools”, not the Littlewoods FA Cup.FA commercial director Trevor Phillips said “We will not forget the tradition and dignity of a great competition. A robust and… Continue reading Littlewoods To Sponsor FA Cup
