More Industry News articles

Capital Radio’s sales director David Lees is to leave the company this month. His successor has yet to be announced.

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

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

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

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

According to the latest Pan European Television Audience Research (PETAR) satellite channels have increased their share of viewing in European cable and satellite homes by 12% year on year – from 50% in 1992 to 62% in 1993.The survey shows a trend towards strong commercial TV at the expense of state-run operations, as well as… Continue reading Petar 1992/1993 Survey Results

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 chief executive of the Financial Times, David Palmer, has left his position at the paper due to “differences in management style”. He has been replaced by David Bell, currently advertisement and marketing director at the Financial Times.

T&S Stores, owners of cigarette discount outlets, Supercigs, will soon add to their retail portfolio by selling top magazines at reduced prices. The decision is an attempt by the group to expand into the south of England, where they believe customers are more interested in discounted magazines than cigarettes.This will mean that titles like the… Continue reading Cut Price Magazines At T&S Stores

Homes Counties Newspapers suffered a fall in pre-tax profits to £747,000 from £1.06m (-29%) for the year ending December 1992. Earnings per share increased to 7.2p and turnover to £22.9m from £21.5m.