The Radio Authority (RA) has announced that the proposed reacquisition of Classic Gold 774 by GWR Group would not be expected to operate against the public interest.Gloucester and Cheltenham, the area in which Classic Gold 774 broadcasts, contains two other FM stations also owned by GWR. To prevent a reduction of the level of choice… Continue reading Radio Authority News
In the wake of yesterday’s announcement that the Manchester United board have accepted BSkyB’s takeover offer (see Newsline), there were angry fans at yesterday’s match at the Old Trafford between its team and Charlton. The decision of the club’s chief executive, Martin Edwards and the rest of the board, to sell the club has led… Continue reading Manchester United Still Scoring
Reports circulating this morning suggest that double winners Arsenal may be the next football club to fall to a media company, and come in the wake of yesterday’s announcement that the Manchester United board have accepted BSkyB’s buy-out offer of £625 million (see Newsline).Carlton is said to have been in talks with Arsenal for some… Continue reading Arsenal Could Be Next Club To Fall Into Media Hands
The latest 6 month interim results for Scottish Media Group (SMG), released today, showed healthy pre-tax profits, up 27% on revenues 15% ahead. Earnings per share also increased by 18.6%.SMG announced yesterday that it has made a £31 million (80p per share) takeover offer for video publishing group VCI (see Newsline). If the acquisition goes… Continue reading Scottish Media Gets Results
Showing something of a return to past glories ITV’s The Bill, which had three feature-length episodes this week, increased its audiences by around three million. The Tuesday, Thursday and Friday episodes were watched by audiences of 9.09, 8.36 and 9.54 million respectively.In the last week before the new television schedules were shown to the public,… Continue reading TV Viewing Summary W/E 30/08/98
Following speculation this morning that Arsenal would be the next football club to come under media ownership after having been approached with an offer from Carlton (see Newsline), the club released the following statement this afternoon: “The board of Arsenal FC confirm that it has held preliminary discussions with Carlton Communications Plc concerning a range… Continue reading Arsenal and Carlton Update
The Mirror Group have restored Colin Myler to his position as editor of the Sunday Mirror with immediate effect. Myler was editor of the title between October 1992 and April 1994, and has also held the positions of editor and managing director at The Mirror.Brendon Parsons has been appointed editor of special projects, and will… Continue reading Old Editor Returns To Sunday Mirror
United News and Media’s interim results released today for the six months to 30 June showed good progress and higher than expected profits. Generally, operating profit was up 2.7% to £197.6 million.Pre-tax profit showed an increase of 2.2%, rising to £177.9 million, and earnings per share were up 3.3% to £25.1 million.Chief executive Clive Hollick… Continue reading United News Financial Results Exceed Expectations
It is too early to set a date for the switch-off of analogue television according to the Independent Television Commission (ITC), which issued its response to the government’s Television: the Digital Future consultation today.The ITC says that, “if viewers’ expectations are to be met and social exclusion is to be avoided, digital television needs to… Continue reading Too Early For Analogue Switch-Off Date, Says ITC
EMAP has acquired Automotive Management from the Leading Edge Publishing Group. The title provides news and information on the UK retail motor sector, and EMAP adds it to its existing auto titles in its business division, namely Autotrade, Sewells International, Fleet News and Fleet Car.Chief executive of the business communication sector at EMAP, Derek Carter,… Continue reading EMAP Gains A New Title
