The Carlton-led consortium bidding for ITN has announced that it may withdraw its offer if it cannot get the freehold on ITN’s £100m headquarters. The news suppliers are currently losing up to £6m a year on the 35-year lease.
The Radio Authority has re-advertised the ILR FM and AM licences for Peterborough currently held by Hereward Radio, part of Mid Anglia Radio. The closing date for applications is May 4 1993 and the new licences take effect from January 1995.Following the re-advertisement of the FM and AM licences for Southend and Chelmsford, the only… Continue reading IR Licences
In an effort to sell off Zenith Productions, Carlton Communications is planning to sell Action Time, a subsidiary of the production company, in a deal worth £6m. The remainder of Zenith is likely to be sold to management which will involve further dealings with Paramount, the US media group which has a 49% stake in… Continue reading Carlton To Sell
Action Time
Chief executive of Mirror Group Newspapers, David Montgomery, has given his word to the four banks backing the newspaper group that the Daily Mirror will keep its left stance and that he will no longer interfere in editorial matters which could shift the paper politically.NatWest, the group’s largest shareholder, fears that a change in stance… Continue reading Montgomery Promises Left Stance
LWT chief executive, Greg Dyke, came to the rescue of GMTV on Friday after the news broke that current chairman Harry Roche was resigning from the Breakfast channel, less than two months after its launch.Good Morning Television started off on a shaky foot in January but things hit an all time low last week when… Continue reading Dyke Repeats TV-Am Revival
Following last week’s revelation that Thomson Regional Newspapers is planning to counteract the effects of the recession by selling off one fifth of its free titles, it has now emerged that Midland Independent Newspapers is showing interest in purchasing the company’s Herald & Post papers.Although the group has yet to reach an agreement as to… Continue reading MIN Shows Interest In TRN Titles
In an effort to sell off Zenith Productions, Carlton Communications is planning to sell Action Time, a subsidiary of the production company, in a deal worth £6m. The remainder of Zenith is likely to be sold to management which will involve further dealings with Paramount, the US media group which has a 49% stake in… Continue reading Carlton To Sell
Action Time
The Carlton-led consortium bidding for ITN has announced that it may withdraw its offer if it cannot get the freehold on ITN’s £100m headquarters. The news suppliers are currently losing up to £6m a year on the 35-year lease.
Following last week’s revelation that Thomson Regional Newspapers is planning to counteract the effects of the recession by selling off one fifth of its free titles, it has now emerged that Midland Independent Newspapers is showing interest in purchasing the company’s Herald & Post papers.Although the group has yet to reach an agreement as to… Continue reading MIN Shows Interest In TRN Titles
The Independent Radio and Television Commission has agreed to allow the merger of two regional radio stations in the south of Ireland, putting Shannonside Radio and Northern Sound Radio under the umbrella of Midland Radio Group Ltd.The group consists of the original shareholders from both stations and they will operate from their present bases. Shannonside… Continue reading Irish Radio In Joint Venture
