Following a board meeting today, TSW has decided to pursue an appeal to the House of Lords against the ITC’s decision to reject their franchise application.TSW’s decision was taken “in view of the importance of the case to TSW and the shortcomings in the ITC’s decision- making process.”It is hoped that the House of Lords… Continue reading TSW Decides To Go To House Of Lords
The Court of Appeal has today refused, by a 2 to 1 majority, to quash the ITC’s decision to reject TSW’s franchise application.The Court of Appeal said that, while it recognised the shortcomings in the manner manner in which the ITC dealt with the auction process, it did not feel these were sufficient to justify… Continue reading TSW Loses Judicial Review
The Independent National Broadcasting Company, which placed the highest bid for the INR2 licence yesterday (£4.01m), has revealed it has the back- ing of White Rose, which failed to win the Yorkshire TV franchise.The second highest bidder, Independent Music Radio (£1.88m), is a joint venture between TV-am and Virgin.The huge variations in the sizes of… Continue reading INR2 Applications – More Details
The Radio Authority received five applications for the INR2 licence, and subject to all the requirements of the Broadcasting Act being met, the licence will go to the highest bidder, Independent National Broadcasting.INB pledged £4,010,000, £2.1m ahead of its nearest rival, and is planning a pop and rock music format targeted at “young adults in… Continue reading INR2 Applications Received
In 1990 the combined billings of all IPA agencies was £4.06bn, while combined net profits totalled £50m; in 1991, the average net profitability of the advertising sector was only 1.55% of billing. The findings come from a new IPA report entitled “Rewarding the Advertising Profession”.Advertising professionals are paid a substantial amount less than their equivalents… Continue reading Advertising Industry Report
The ITVA is believed to have been unable to agree on the structure of the central scheduling system, and looks set to miss the ITC’s deadline at the end of the week.The new TV licences, issued last October, included a requirement that the foundations of the central commissioning structure be in place by 31 January.… Continue reading Central Sheduling Deadline Approaches
The 1991 television market was characterised by the continuing slide in revenues, the confusion and dissatisfaction with the new BARB contract and the furore surrounding the TV franchise awards. The result of these factors was a period of instability and turmoil which looks set to send shockwaves throughout 1992.The 9% real decline in the advertising… Continue reading TV Round-Up 1991
The decline in the advertising markets seems to be slowing down, with total spend on press, TV, posters and radio falling by only 4.4% year-on-year in the third quarter of 1991, according to the latest figures from the AA.TV performed particularly well, down just 0.5% on 1990, despite a fall of 11.6% in the previous… Continue reading Ad Recession Bottoms Out
The ITC has fundamentally altered the basis upon which the Channel 5 licence is to be advertised.In response to comments received after the draft Invitation to Apply was published, the ITC has made several amendments which “further reflect the ITC’s recognition of the financial constraints on the Channel 5 operator in the early years of… Continue reading ITC Modifies Channel 5 Requirements
Capital Radio, Atlantic 252, Chiltern Radio and Allied Radio are all reported to be preparing bids for the second Independent National Radio licence.So far the only consortium to have confirmed its intention to bid is Eclipse Sound, which is planning a soft rock format.Eclipse Sound is derived from Eclipse FM, which was a 14-week experiment… Continue reading Possible INR2 Applicants
