The impending changes in the ITV line- up, as announced yesterday, will have a widespread effect on the sale of TV airtime.The trend of the past few years towards joint airtime sales houses is likely to accelerate, even within the coming months, and those winners who put in high cash bids may look to sales… Continue reading Implications For Airtime Sales
Yesterday’s announcement by the ITC of the Channel 3 franchise winners resulted in frenetic activity on the Stock Exchange, with share prices reacting quickly to the fates of the TV companies.LWT, one of the big success stories of the franchise round , saw its shares rise 53p to 198p. Granada, who also did well yesterday,… Continue reading Financial Effects Of Franchise Awards
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 ITC has awarded eight of the 16 licences to bidders who did not pledge the highest cash amount, and was not moved to invoke the exceptional circumstances clause.Of those incumbents that failed in their bids, TVS and TSW did so because it was felt that they could not sustain their programming proposals. “It did… Continue reading Commentary
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
