Thames Television, TVam, TVS and TSW have all lost their franchises.TVS lost their franchise because their bid was too high, it has been announced by the ITC.Winners are Carlton, Sunrise, Meridian and West Country TV. BIDS *SUNRISE £34.61m TV-am £14.13m Daybreak £N/A *CARLTON £43.17m Thames £32.69m CPV-TV £45.32m *LWT £7.59m LIB £35.41m *CENTRAL £2,000 *GRANADA… Continue reading TV Franchise Winners
1 GRANADA WINS ON QUALITY2 TSW BIDS HIGH – BUT LOSES3 TV-AM STATEMENT4 THAMES’ RESPONSE
The Independent is to cut staff by 10% over the next year because of declining ad revenue Andreas Whittam Smith announced yesterday.
London sports paper Full Time (071 937 3535), which launched on 27 July, has folded due to lack of sales and a poor response from advertisers. A spokesperson from Full Time’s printers, Probrook, confirmed to MediaTel today that no paper was printed on Saturday and that the title has closed.
Geers Gross defied the pessimistic pundits who see only doom and gloom in the advertising industry by reporting an increase in pre-tax profits of 97%, from £161,000 to £317,000 for the first six months of the year. The increase in profits was attributed to a change in commercial strategy and tighter financial controls. The company… Continue reading Geers Gross Profits
French agency Boulet Dru Dupuy Petit is believed to be providing backing for a new full service London agency, which will be managed by former Saatchi managing director Paul Bainsfair (who left the agency last week) and ex-GGT creative director Dave Trott. BDDP has been looking for a UK agency to invest in since its… Continue reading BDDP To Back UK Agency
GWR this week launches its Classic Gold AM service (Newsline 29/8) which is essentially three stations, with one presenter and ‘Black Box’ technology allowing individualised, local news, weather and ads.GWR: 0272 279 900
The Policy Studies Institute has today released Cultural Trends 10, which includes reports on cinema, film and home video.The survey recognises the major trends in the UK cinema industry, over the past ten years, as being the rise in cinema admissions and the growth of multiplex cinemas.The opening of new multiplexes, venues with 5 or… Continue reading Cultural Trends 10 – Cinema And Video
Centaur Communications has closed its weekly tabloid newspaper, Corporate Money, following a drop in circulation and ad revenue. The paper, aimed at finance directors and corporate treasurers, showed a fall in circulation from 12,000 earlier this year to 4,000. Centaur’s managing director Anthony Nares said that the market for a corporate finance paper no longer… Continue reading Corporate Money Closed
The ITV companies will today be asked to put up an emergency sum of £6.5m in an effort to avert a financial crisis at ITN (Newsline 10/10). ITN has also warned staff of “painful” cost-cutting measures.
