Commercial radio group GWR has announced that it has sold Isle of Wight Radio to The Local Radio Company for £860,000.GWR does however retain an interest in the station, which operates one AM radio licence, since it owns a 20% stake in TLRC. TLRC currently owns Spire FM, FCBC (Kettering) and 76% of Cheltenham Radio.For… Continue reading GWR Sells Isle Of Wight Radio
The Observer has appointed Justine Picardie to the position of editor of its Life Magazine. She joins from the Sunday Telegraph Magazine where she has been Commissioning Editor since March this year. She has previously worked for the Independent on Sunday’s Sunday Review, the Sunday Times and Marie Claire. Her appointment will be effective from… Continue reading Observer Appoints Life Editor
Combined ITV/C4 revenue for April, based on agency estimates, came in at £189.949 million, an increase of 6.3% on last year’s April total. The ITV only figure, at £145.949 million was up 3.9%, whilst C4’s total, £44 million, was an increase of 15.1% on last year. The ITV/C4 ratio was 77:23, a slight decrease for… Continue reading TV Revenue – April
According to an article in today’s Independent, BSkyB may be considering slowing down its plans for a digital TV launch.There would be three main reasons for the move: it would be an attempt by BSkyB to protect its current TV service which is very lucrative; it is waiting for the response of its competitors to… Continue reading BSkyB Could Slow Down Digital Development
According to a report in The Sunday Times, Sunday Business founder Tom Rubython is being sued over unpaid bills.ARC International Advertising, who at one stage was the paper’s ad agency, is apparently issuing a writ against Rubython for £75,000 after he allegedly wrote a bouncing cheque. At the same time Albert Zlotnick, an American investor… Continue reading Sunday Business Sued Over Unpaid Bills
Exchange & Mart will be launching its own Internet site on 3 June to create the biggest classified motoring web address in the UK. The site is the result of a collaboration between Link House Publications, publishers of Exchange & Mart, and sister company United Provincial Newspapers (UPN).Initially the service will carry over 50,000 vehicles… Continue reading Exchange & Mart Launches Net Site
Hugh Davies is leaving the research and marketing department of CLT (Talk Radio, Atlantic 252, Country 1035AM) to become the first Research and Sales Support Manager of Chrysalis Radio (Heart FM, Heart 106.2 London and Galaxy).Davies, whose career also includes roles in the research departments of Capital Radio and Classic FM, joins Chrysalis on Monday… Continue reading Further Talk Radio Departure
TeleWest Communications has announced that it has secured a £1.2 billion loan. TeleWest, which is the UK’s largest cable company, will use the money primarily to finance the completion of its build programme. To date around 50% of TeleWest’s cable network is completed.TeleWest’s latest financial results (Newsline 16/05) showed that the company had lost £53.4m… Continue reading TeleWest Raises £1.2bn
Southnews, the publisher of free and paid-for newspapers in London and the Home counties, has announced annual profits of £3.376m, which is up 6% on 1995’s £3.187m. Turnover also increased by 22% from £23.6m to £28.8m.The Croydon Advertiser Group, which Southnews bought last December for £13m, contributed £237,000 to revenues. Overall the group owns 25… Continue reading Southnews Profits Rise 6% To £3.37m
The ITC has launched the first stage of a public consultation on the licensing of digital terrestrial television.Under the Broadcasting Bill which is now before Parliament, the ITC will be responsible for regulating the carriers of services (the multiplex operators) and the programme providers. The first stage of consultation concerns the multiplex operators, for which… Continue reading ITC Consults On Digital TV Licensing
