Pre-tax losses for media buying group Aegis for the year ending December 1992 are as follows:Pre-tax losses: £1.9m (£54.4m)Turnover: £2.84bn (£2.1bn)Losses per share: 19.9p (+20.4p)Net average debt: £68m (£35m)No final dividend
Classic FM, the independent radio station which launched in September, has recorded March as its strongest month yet in terms of advertising revenue – up 50% on February.The classical music station is claiming that the slot between 6am and 10pm was practically sold out during the month.Estimated weekly reach for the station is said to… Continue reading Classic FM Revenue Claims
Bus Advertising Business has merged with Metro-Transad with the former taking a 50% in Transad. The new company will be called Metrobus Advertising, representing in excess of 10,000 buses. Tom Goddard will be chief executive of MA, with Terry Dyer as chairman.
The Radio Authority has re-advertised 6 of the existing ILR licences for London and also advertised 2 new London-wide AM licences. The existing services to have been re-advertised are LBC (FM&AM), Kiss (FM), Jazz (FM) Melody (FM) and Spectrum (AM). It is expected that all the incumbents will re-apply and a number of other possible… Continue reading London ILR Services Advertised
The Radio Authority has re-advertised 6 of the existing ILR licences for London and also advertised 2 new London-wide AM licences. The existing services to have been re-advertised are LBC (FM&AM), Kiss (FM), Jazz (FM) Melody (FM) and Spectrum (AM). It is expected that all the incumbents will re-apply and a number of other possible… Continue reading London ILR Services Advertised
Capital Radio’s sales director David Lees is to leave the company this month. His successor has yet to be announced.
According to recent research carried out by Young & Rubicam, ITV weekday viewing has dropped by as much as 14% since the new franchises took over in January.Audiences have dropped most drastically in the South West and London, with share falling by 7% and 5% in those areas respectively. Overall audience share for the network… Continue reading ITV Audience Share Dropping Says Y&R
The Monopolies & Mergers Commission issued a report yesterday which points out to the ITV Network that its present networking arrangements do not pass the competition test. The Commission has stated that ITV companies must change the way they deal with independent producers – allowing the producer to agree a contract with the network centre… Continue reading ITV Welcomes MMC Report
Virgin Radio’s rock album chart is to be sponsored by Labatt beer. The deal, worth £750,000, gives Labatt programme credits, trails and advertising slots.Irish DJ Dave Fanning is to present a 4-hour Saturday night programme on Virgin radio. He joins Chris Evans, Emperor Rosko, Richard Skinner and Tommy Vance who have already been announced as… Continue reading Virgin Sponsorship/Presenters
Pre-tax losses for media buying group Aegis for the year ending December 1992 are as follows:Pre-tax losses: £1.9m (£54.4m)Turnover: £2.84bn (£2.1bn)Losses per share: 19.9p (+20.4p)Net average debt: £68m (£35m)No final dividend
