Chrysalis Group announced this morning that it will be buying the Kiss radio stations in Manchester and Yorkshire.The deal values the stations at £17.5m and Chrysalis, which owns the Heart and Galaxy 101 stations, will be funding the expansion through a £20m placing and open offer at 525p a share.Kiss 102, in Manchester, has a… Continue reading Chrysalis Buys Kiss Stations
Channel 5 today announced that it has secured a three-year exclusive TV rights deal to screen the Lloyds Bank British Fashion Awards. This is the first time that the event has been given a prime time showcase on British TV.The Awards will take place on October 22 at the Royal Albert Hall.C5: 0171 497 5225
Chrysalis Group today forecast that for the year ending 31 August it would make a loss before tax of not more than £2 million. This is in line with expectations.…Chrysalis is at the moment unsure about its plans for handling the airtime sales for the two Kiss stations it acquired today (see Chrysalis Buys Kiss… Continue reading Chrysalis Predicts Losses
Virgin Cinemas has announced details of further cinema building, with several new sites expected to be finished by the year 2000. Currently Virgin is already unveiling nine new venues in 1998 and the new venues will funded out of Virgin £34.5 million capital investment programme.Sites in Aberdeen, Boldon South Shields, and Newport will open by… Continue reading Virgin Planning More Cinemas
The BBC has unveiled details of it new Autumn schedule with highlights including seven new comedies, Jimmy McGovern’s first work for the BBC and major film premieres.Of the new drama series being shown this Autumn there is The Lake, a tale set in the Lake District from Cracker creator Jimmy McGovern, a five part adaptation… Continue reading BBC Autumn Schedule Details
The Media Centre began trading as MediaVest this week. The rebranding reflects a general restructuring of the MacManus Group’s media businesses. As part of this Jim Marshall, managing director of the Media Centre, becomes chief executive of MediaVest. “Vest” is believed to represent the word “investment.”
CIA MediaLab has published details of its latest Sensor survey which was carried out by BMRB. It states that only 21% of the British public have an understanding of the Internet, which is up from 8% in 1995.Among 15-24 year olds it is reported that 35% are familiar with the Internet, a figure that has… Continue reading Internet Increases Its Popularity Among The Young
Adrian Ford has left Pilat Media, the company which runs the NOMAD advertising booking system, to join Coral Racing as Business Development Manager.
Auto Trader has launched the next stage of its Internet service, called “AutoTrader Interactive”.The site offers an enhanced user interface and design, eight vehicle channels and a total online buying and selling experience.There are currently 100,000 vehicles online including the colour photos of the vehicles. This will be rising to 200,000 in the coming months.… Continue reading Auto Trader Launches New Web Service
Emap On Air, the Emap radio and TV sales house, has announced a £400,000 tie-up with the Daily Star to sponsor its new football slot called Who Ate All The Pies.Described as Football Focus meets They Think It’s All Over, the show will be hosted by Nick Hancock and broadcast across all of Emap’s major… Continue reading Emap Launches Radio Programme With Daily Star
