Revelations at the weekend that chairman of Carlton Communications, Michael Green, had contributed ‘considerable’ donations to the Conservative party during the period of franchise awards, could mean that Green will lose out on becoming chairman of ITN in the future.Labour MPs are putting pressure on the Independent Television Commission to investigate the matter, claiming that… Continue reading Green’s Tory Connection Spells Trouble
Reed Elsevier may lose out by as much as £40m when it sells its stake in BSkyB, according to city analysts (Newsline 2/2).Reports in the Independent on Sunday quote stockbroker James Capel as valuing the company’s stake at £77m, with a further £30.7m in loan stock. As discussions stand, present shareholders – Granada, Pearson and… Continue reading Reed May Lose Out On BSkyB Sale
Imposing VAT on the cover prices of newspapers would force 20% of regional titles to close, according to an independent report commissioned by the Newspaper Society.The report, carried out on behalf of the Society’s members, concluded that 245 of the 1,265 regional newspapers would close. The total circulation of paid-for titles would be reduced by… Continue reading Vat Would Force Mass Regional Closures
The Daily Telegraph has sold its 13% stake in Trinity International, publisher of the Liverpool Echo and Post, for £26.8m. The share was not bought by one investor but split among a range of UK institutional shareholders.The Telegraph is now buying half of the 22.6% stake in Southam, the Canadian newspaper group, acquired recently by… Continue reading Telegraph Sells Trinity Stake
Imposing VAT on the cover prices of newspapers would force 20% of regional titles to close, according to an independent report commissioned by the Newspaper Society.The report, carried out on behalf of the Society’s members, concluded that 245 of the 1,265 regional newspapers would close. The total circulation of paid-for titles would be reduced by… Continue reading Vat Would Force Mass Regional Closures
The Daily Telegraph has sold its 13% stake in Trinity International, publisher of the Liverpool Echo and Post, for £26.8m. The share was not bought by one investor but split among a range of UK institutional shareholders.The Telegraph is now buying half of the 22.6% stake in Southam, the Canadian newspaper group, acquired recently by… Continue reading Telegraph Sells Trinity Stake
The Sunday Mirror is being given a new look this weekend in an attempt to encourage sales. The magazine is being made smaller, in line with other Sunday supplements, and the main newspaper is likely to contain a new lifestyle section.Whilst confirming that a revamp will take place Mirror Group Newspapers is refusing to release… Continue reading Sunday Mirror Revamp
The six-monthly NRS figures for July to December 1992 are the first to be collected using only the CAPI method. Direct comparisons with previous NRS figures are discouraged as the CAPI method varies greatly from the old Pen and Paper method.National NewspapersThe July to December ’92 NRS figures favoured the national newspapers with virtually all… Continue reading Jul-Dec NRS Commentary
Gruner & Jahr launched an Hello-style magazine in France last week called Gala. They have made no comment as regards to suggestions made in the trade press that they will launch a UK version.Gruner + Jahr: 071 245 8700
Original programming for The Cable Network, the UK’s first nationwide cable exclusive channel, has been awarded to CST Productions (Bristol). Launching on May 1st the channel, formerly known as UK Today, will show both original and acquired programmes between 1300 – 2300 seven days a week. The channel is backed by UK cable operators Comcast,… Continue reading CST Wins First National Cable Channel
