Shares in Yorkshire Television took a leap this week following intense speculation that Granada is planning to buy a 20% stake in the company. Ordinary shares reached 172p, ending up at 165p.
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Anglia Television has recorded a dramatic rise in profits for the year to December 31 1992. The pre-tax result increased from £8.3m in the same period last year to £14.5m, with the final dividend standing at 6.4p. This leaves total dividends at 9.26p. Turnover fell from £153.3m to £139.4m for the year.
The Independent revealed a new image today to celebrate its 2000th issue, sporting a new look for editorial and extra comment and analysis pages.The Independent on Sunday will undergo the same changes this month to develop a relationship between the daily paper, the Saturday edition and Sunday’s issue.
Don Sperring, former joint managing director of Young & Rubicam, has given up his position at Independent Media Sales, leaving it in the hands of the other founder, Zed Zawada. Sperring has not given a specific reason for his departure.
Ten of Virgin Radio’s first advertisers are being given a deal which offers them the chance to be the sole advertisers within each of its first ten hours. Virgin, which launches on April 30, will have 3 advertising slots every hour with first advertisers also having the bonus of station endorsement with every airing. Carling… Continue reading Virgin Offers Special Package
The Children’s Channel is the latest to join the encryption package at BSkyB. The satellite channel has yet to announce details of when the package will be introduced.
Pre-tax profits for Reed International were revealed today for the nine months ending December 30 1992, rising to £137.1m from last year’s £124.4m.Turn- over for the group stood at £1,196.6m and earnings per share increased to 17.2p from 15.7p. A final dividend of 7.25p was proposed, taking the total to 12.75p.
..Josh Dovey & Andy Bolden of CIA Media UK appointed to run the company’s £70m TV billing, with Dovey as buyer and Bolden as head of planning…..GGT is understood to be in negotiations with GGK Holdings to buy a stake in the Swiss-based network…..Omnicom has taken over TBWA in a share swap..TBWA, founded 13 years… Continue reading Agency Snippets
DHL will continue to sponsor the traffic plane on LBC, having renewed its contract this week for £400,000.
Lingerie and sex aid venture, Ann Summers, is to launch a new glossy title on May 6 for women. It will not, however, be on the same lines as Northern & Shell’s soft porn magazines, Women on Top and Women Only, but aims to attract readers of top glossies like Cosmopolitan.A spokesperson at A Plus… Continue reading Ann Summers Bites Back