Allied Radio has recorded a pre-tax loss of £1.72m for the 9 months to September 30 1992. Allied’s loss last year was not as severe, standing at £1.57m.
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Glasgow agency, Craig Advertising has gone into receivership with 27 redundancies. Craig handled accounts such as Tay Homes and Textile World and is thought to have debts of £500,000 owing to Scottish regional newspapers, including the Glasgow Herald.
Glasgow agency, Craig Advertising has gone into receivership with 27 redundancies. Craig handled accounts such as Tay Homes and Textile World and is thought to have debts of £500,000 owing to Scottish regional newspapers, including the Glasgow Herald.
Local radio is continuing to grow in Ireland, at the expense of the national service, RTE, according to the latest JNLR/MRBI listener survey. Market share for regional radio stations has increase from 39% to 43% compared to a drop in RTE Radio 1 from 39% to 37%. Cork 96FM/County Sound is dominating the market in… Continue reading RTE Loses Out On Radio Listeners
The latest addition to the women’s monthly magazine market, Top Sante Health & Beauty, hits the newsstands today with an ambitious print run of 400,000. The magazine is modelled on the French title, also called Top Sante, but adapted for the UK market. Billed as “the magazine about feeling and looking good,” the UK Top… Continue reading Top Sante
First Issue Report
Pirate FM, Cornwall and West Devon’s new radio station, has announced a trading profit of £10,500 for its first six months in transmission. Company chairman, James St Aubyn, says “In the financial projections in our application document, we had not anticipated trading profitably until our second year of operation”.
Granada Television has been accused by the Shadow Heritage Secretary, Ann Clwyd, of concentrating more on making profits than its initial task of programme making. She has called on the Independent Television Commission to withdraw the company’s licence due to an excessive breach of contract.Programming promises in Granada’s franchise application have been broken, according to… Continue reading Granada Accused Of Breaching Contract
United Newspapers (UN) signed a £200m distribution contract with Northern & Shell last summer which it is now attempting to dissolve by sueing a subsidiary of its own company. UN believes that the deal is not working out according to plan and is “increasingly difficult to operate” but Northern, which is planning legal action, describes… Continue reading United Newspapers In Dispute With N&S
Yesterday saw the opening of the Financial Times annual Cable & Satellite conference with speakers including William H Roedy, chief executive officer of MTV Europe who outlined the current situation in the Pan-European market and explained ‘lessons’ they have learned at MTV about how to make it a viable business.David Hatch, advisor to the director… Continue reading FT Cable
& Satellite Conference
The Guardian & Manchester Evening News is thought to be in negotiations with Lonrho to discuss a buy-out of The Observer. The newspaper group has made bids for the paper in the past, all of which have been rejected.
