The Bank of England is set to reveal whether interest rates are to be cut amid intense pressure from businesses hard hit by the economic squeeze. Business leaders and trade unions are demanding that rates be cut from their current level of 7.5% to boost the economy and improve the competitiveness of British industry.The calls… Continue reading Interest Rates Decision Awaited
Following the announcement last week that More Group, the billboard operator, was renamed Clear Channel International (see Newsline), the group is reportedly being fined by a French commercial court for faking its own research.The Decaux Group, which at one point was also in takeover talks with More Group (see Newsline), tried to sue More for… Continue reading More Group Could Face French Fine
CNN is to launch a new consumer magazine called CNN Traveller which is aimed at those working in business and interested in travel. The title, which launches on 13 October, is being published by Highbury House, publishers of Sports Illustrated Swimsuit.For the first issue the magazine has signed up international advertisers including British Airways and… Continue reading CNN Moves Into Consumer Publishing
The Office of Fair Trading (OFT) has put BSkyB’s bid for Manchester United (see Manchester Utd Board Accepts £625m Offer From Sky) into extra time following a flood of complaints from fans, it has emerged.After receiving 350 responses from fans and shareholders, the OFT has extended its review by 15 working days to give the… Continue reading United Bid Faces Longer Review
BBC Magazines today launched a new magazine for 6-10 year olds, called BBC SMart, which is closely tied in with the art and design-based BBC television programme. The monthly title will sell at £1.50.Gillian Laskier, director of BBC Worldwide’s Family Publishing Group, says: “In these days of high tech computer technology, we believe children still… Continue reading BBC Worldwide Launches New Children’s Mag
MediaTel is today celebrating its 17th birthday.Over the years the company’s media information system has been developed, augmented and transferred from a Teletext-based medium to the internet. MediaTel recently won the contract to develop the radio advertising booking system, JICRIT, which is currently in progress.
The ITN news service has launched an archive website, located at www.itnarchive.com, which features a moving picture database service.The service is for producers of broadcast, corporate, advertising and multimedia programmes, and consists of three main elements: shotlists of ITN’s output and rushes since 1955; a separate listing of the themed Collections that ITN has been… Continue reading ITN Archive Store Goes Online
Denise Van Outen has announced that she is to leave Channel 4’s The Big Breakfast at Christmas to pursue other things.Johnny Vaughn and Van Outen have co-presented the show for 18-months, helping to pick up flagging viewing figures after the departure of Chris Evans.Channel 4: 0171 396 4444
Cable operator, Cable & Wireless Communications (CWC), has signed up MUTV, the Man Utd-dedicated channel, to be carried across its UK cable network. The channel will be available to over 800,000 CWC subscribers.The channel broadcasts between 6pm and 12 midnight each day, and is already being carried on Sky Digital; BSkyB is a part-owner in… Continue reading CWC Sign Up Man Utd TV Channel
The novel idea of taking a radio show to television appears to be paying off for Chris Evans and Sky One, according to unofficial overnight viewing figures.Virgin Radio, owned by Evans’ Ginger Media Group, struck a deal with Sky earlier this year to broadcast one hour of the breakfast show on Sky One (see Chris… Continue reading Chris Evans Increases Sky One Breakfast Viewing
