WPP has lodged an affidavit on behalf of Ogilvy & Mather expressing its concerns over the Canary Wharf rescue package.WPP believes the reconstruction does not secure sufficient cash flow to satisfy long term interest of tenants.Administrators Ernst & Young must lodge a response today, so that the matter can be heard in the High Court… Continue reading WPP’s Canary Concerns
The OFT has rejected the claim by The Independent that the Times’ price cut to 30p was predatory pricing.MonS MEMOIRS PUBLICATION BLOCKEDAnother court victory was achieved by The Times when the Mail On Sunday agreed not to infringe copyright by publishing material based on Margaret Thatcher’s memoirs.NEWS OF THE WORLD BIRTHDAY SALESThe 150th birthday issue… Continue reading OFT Clears Times
Asian broadcaster Sunrise Radio, which won one of the London franchises granted last month has appointed IRS as its national sales house. Sunrise previously held a licence covering West London only, and holds others in Leicester and Bradford.OLYMPIC BID BOSS JOINS PICCADILLYThe Chairman of Manchester’s Olympic bid, Bob Scott, has become Chairman of Piccadilly Radio.
WPP has lodged an affidavit on behalf of Ogilvy & Mather expressing its concerns over the Canary Wharf rescue package.WPP believes the reconstruction does not secure sufficient cash flow to satisfy long term interest of tenants.Administrators Ernst & Young must lodge a response today, so that the matter can be heard in the High Court… Continue reading WPP’s Canary Concerns
The satellite hard-core pornography channel, Red Hot Television, which has resumed transmission in Britain, is being investigated by Scotland Yard’s obscene publications squad. It had been banned from operating in Britain in May but the Government is unable to prevent it being beamed here from Sweden. The squad are looking for evidence of the channel… Continue reading Red Hot Television Investigated
Aspen Communications has taken over Boardroom Magazine, the monthly hand- delivered magazine for homes and businesses in London, and is planning a relaunch.Timothy Benn Publishing, publishers of Nurseryman & Garden Centre, has acquired the copyright and goodwill of Garden Centre Manager from Tempus House of Publishers. The magazine will continue to be published as a… Continue reading Acquisitions
Faulds Advertising has appointed an associate director of The Media Centre, Andrew Cole-Bulgin, as deputy media director. This is a new post according to Faulds, but the role was previously filled by Stuart Bell – now media director at Bridge Alliance (Glasgow).Peter Sheldrake is taking up the post of group advertisement director of IPC Specialist… Continue reading Media Appointments
The satellite hard-core pornography channel, Red Hot Television, which has resumed transmission in Britain, is being investigated by Scotland Yard’s obscene publications squad. It had been banned from operating in Britain in May but the Government is unable to prevent it being beamed here from Sweden. The squad are looking for evidence of the channel… Continue reading Red Hot Television Investigated
The Radio Authority has awarded the ILR licence for the West Midlands to Heart FM. This is the fourth of the five regional licences to be awarded this year and is likely to begin broadcasting next September.Heart FM, which is backed by the Crysalis Group, will provide a ‘soft adult-orientated music’ format. Heart FM beat… Continue reading Heart FM Wins West Midlands Licence
News Corporation’s shares reached a five-year high on the overnight market in Sydney as investors anticipated this might be the next target of Bell Atlantic, after its merger with Tele- communications Inc in America. (Newsline today).WOGAN BACK ON TVTerry Wogan is likely to return to BBC Television as the host of a new game show,… Continue reading Will News Corp Be Bell’s Next Target ?
