Classic FM has had its licence renewed by the Radio Authority for its second analogue period. However, due to its increasing success, it will now pay up to £2.4 million a year more for its licence fee.The Radio Authority has increased the station’s fee as part of Broadcasting Act regulations which state that payments must… Continue reading Classic FM Gets New Licence As Radio Authority Increases Fees
Despite escaping relegation Carlton Communications saw a fall yesterday after Goldman Sachs knocked the stock from its European Recommended List. The move came as ONdigital was further shaken by the resignation of another director (see Further Staff Changes At ONdigital) Prices were down 15p to 473˝p.Emap finally lost its place in the top 100 index.… Continue reading Sharewatch
Pay-TV channel and content supplier, Flextech, has this morning reported its interim results for the period ending June 30 1999. Pre-tax losses at the group were £2.9 million, compared to a profit of £1.7 million for the same period last year. Group revenue fell to £62.5 million from £64.1 million.Turnover rose by 5.7% on last… Continue reading Flextech Reports Losses
A week after the departure of two ONdigital directors (see ONdigital Directors Quit), a third has quit. The group announced yesterday that operations director John Egan has left to set up a new venture. He will be replaced by Simon Dore who is currently director of channel development at Granada Media.Speculation that John Egan will… Continue reading Further Staff Changes At ONdigital
World Soccer has announced a partnership with ONdigital to produce the first ever UK sports TV masthead programme. The leading international football title, which is owned by IPC, will produce a pre-match programming report for all 16 Champions League matches shown on the ONdigital network.Titled “World Soccer ON…”, the ten-minute report will include insight into… Continue reading ONdigital And World Soccer In Masthead Deal
The September issue of Womans Journal has been declared a technical sell out after only three week’s on sale. The magazine, which is published by IPC Southbank, chose this edition to unveil its new look (see Woman’s Journal Gets New Look).Despite the print order being increased by 50% for the relaunch, many of the UK’s… Continue reading New Look Woman’s Journal Is A Sell-Out
As chairman and CEO of one of the world’s largest advertising and marketing groups, Martin Sorrell is a man to turn to for knowledge of the global market. In a recent interview with online business magazine Fast Company he spoke of the advantages and difficulties of working on a worldwide scale.America has become the global… Continue reading Globalisation is Americanisation, According To WPP Head
From Monday 13th September BARB will have a new address at:18 Dering Street, LONDON, W1R 9AFTel: 0171 529 5529Fax: 0171 529 5530
Trinity Mirror began trading yesterday after the merger between the two groups was given the unconditional go-ahead on Monday (see Trinity-Mirror Deal Gets ‘Unconditional’ Go-Ahead). Prices closed at 601˝p. The Mirror group will be de-listed shortly.Yesterday’s announcement that US media giants CBS and Viacom are to merge gave a boost to UK broadcasting stocks. Carlton… Continue reading Sharewatch
UK interest rates have gone up by a quarter point to 5.25%. The decision by the Bank of England’s Monetary Policy Committee (MPC) to increase rates has come as a shock to traders and was condemned by industry heads.
