Following a request by More Group and Decaux, the Office of Fair Trading (OFT) is to pass its recommendations on the proposed merger between the two companies to the Department of Trade and Industry (DTI). Decaux’s takeover bid for More of £475 million was announced last week and caused More to back out of a… Continue reading OFT To Give Recommendations On Decaux/More Merger
Talk Radio has announced that it has joined Digital One, the digital radio consortium formed last week by GWR Group and Ginger Media (subscribers see GWR And Ginger Create Digital Consortium).Paul Robinson, managing director of Talk Radio, comments: “Digital is unquestionably the future of radio and clearly presents many exciting opportunities in the future. Talk… Continue reading Talk Radio Joins Digital Consortium
The Economist Group will be launching a new monthly financial magazine aimed specifically at chief financial officers. CFO Europe, which will appear on 24 April, will be available mainly via subscription though there will be some newsstand copies. An annual subscription will cost £50 while the cover-price will be £4.95.CFO Europe will follow the formula… Continue reading Economist To Launch Financial Magazine
Universal McCann Manchester has created a new media division to handle its growing direct response business, now worth around £40 million. The Universal McCann Direct department was hived off from the main company last week.Universal McCann Direct is headed by Bev Jones, recently promoted to media director.Universal McCann Manchester: 01625 822 418
The Radio Authority is advertising a new regional radio licence for the central Scotland area. The licence will cover the cities of Glasgow and Edinburgh, as well as the areas around them. Around 2.3 million adults will be able to receive the service.The Authority is now inviting public comments and opinions in order to identify… Continue reading New Radio Licence For Scotland
http://www.maxim-magazine.co.ukDennis Publishing’s men’s title, Maxim, is the latest magazine to hit the world wide web. True to form the site contains little original written material (can’t undermine sales on the newsstand) and is far from being a publication in its own right. It’s the kind of website that you might go to once, to play… Continue reading Website Of The Week – Maxim
The Local Radio Company (TLRC) has announced the transfer of its 103.4 The Beach station to Tindle Newspapers.Tindle Newspapers was a founder of Radio Investments Ltd. (RIL) which already controls TLRC. TLRC’s chief executive Chris Carnegy said: “We were delighted that Sir Ray [Tindle] expressed interest in The Beach. TLRC is proud of the station’s… Continue reading Tindle Newspapers Takes Control Of The Beach
Independent Newspapers, the Irish media group, has today announced a rise in pre-tax profits from IR£66.8 million to IR£100.1 million in 1997. Turnover was IR£598.8 million, up 43% on IR£419.1 million in 1996. Good ad revenues from a strong economy helped boost the figures.Chairman Tony O’Reilly said: “The current year has been positive in all… Continue reading Strong Results For Independent Newspapers
The Audit Bureau of Circulations (ABC) has redrafted (for the second time this year) its procedure for auditing multiple copies/bulk sales of national newspapers.There has been concern in the industry that bulk sales, particularly when performed ad hoc, are distorting the ABC audit figures. To combat this the ABC promised ‘more expansive controls’ in auditing… Continue reading ABC Creates New Bulk Sales Procedures
The ITC today outlined its proposals for remedying what it sees as the anti-competitive practices which are used to “bundle” pay-tv channels.Following an extensive investigation it concluded that a number of practices restrict and distort viewer choices. It hopes that its proposals will lead to a wider range of basic channel packages of different sizes,… Continue reading ITC Recommends Smaller Channel Packages For Pay TV
