UK commercial radio group, GWR, has spoken out against the BBC’s call for an increased subsidy for digital development. The group, which owns 37 local radio licences and Classic FM, has called on the BBC to use existing resources to fund its digital services.Responding to the Independent Review Panel into the funding of the BBC,… Continue reading GWR Group Responds To BBC Funding Panel
Radio group GWR today announced a profit of almost 10% for the six months ended 30 September. The group, which owns 37 local licences and Classic FM, reported an increase in pre-tax profits of 9.5% to £9.1 million. Turnover for the group increased by 15% to £47.5 million.During the last six months the group has… Continue reading GWR Announces Interim Profits Ahead Of Digital Launch
The UK’s major magazine and newspaper publishing companies are currently lining up to win a place on the council of the Audit Bureau of Circulations (ABC). The ABC is garnering votes for its bi-annual elections ahead of the group’s AGM on 2 December when the new council will be announced.Whichever groups are represented on the… Continue reading Publishers Vie For Place On ABC Council
Film 4 is celebrating its first anniversary next week with the launch of a magazine for subscribers to its film channel. Film Four is to be published by Zone and contains listings for two months, interviews and information and four pages of advertising. It will be distributed free to the channel’s 160,000 subscribers. A new… Continue reading New Magazine Launches
Chief executive of Channel 5, David Elstein, and ITV’s commercial director, John Hardie, have been tipped as likely contenders for the position of chief executive of ITV when the post is vacated next year by current chief Richard Eyre. It was announced at the weekend that Eyre is moving over to media group Pearson to… Continue reading Hardie And Elstein Tipped As Possible ITV Chief Candidates
Richard Eyre, chief executive of the ITV Network, has been poached by international media group Pearson to head its TV division. Eyre is to become Pearson Television’s new chief executive in the new year, only two years after he took the helm at ITV. Since joining ITV Eyre has seen off the News At Ten,… Continue reading Eyre Departs ITV For Pearson Television
Shares in media group Pearson were boosted at the end of last week, just before the announcement that ITV chief executive, Richard Eyre, is to become the new chief executive of Pearson Television (see Eyre Departs ITV For Pearson Television). Pearson closed up 38p at 1,367p. At the same time time, Granada, a major ITV… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.Tuesday The Media Research Group (MRG) is holding an Evening Meeting to examine the issues of measuring digital television audiences. Paul Milsom from BMRB and John Clements and Dave Chilvers from Continental Research will be presenting to the group.A report will be available… Continue reading The Week Ahead
US venture capitalists, Warburg Pincus, began formal proceedings today to sell its 18% stake in Channel 5. The channel is reportedly valued at around £1 billion, making Warburg’s stake worth around £180 million. A number of media groups are expected to be interested in the stake and C5’s existing shareholders, Pearson, CLT-ufa and United News… Continue reading Warburg Pincus To Sell Stake In Channel 5
Capital 95.8FM continued its reign as the top commercial station in the London area in the latest RAJAR figures, released yesterday. Despite a 2.8% drop in its weekly reach, the station’s share of London listening remains healthy. Capital Gold, however, saw its weekly reach drop by 9.8% period on period.Chrysalis Radio’s Heart 106.2FM also sustained… Continue reading September 1999 RAJAR: London Stations
