Granada has refused to comment on market talk that it was behind a dawn raid on Yorkshire Tyne Tees TV. It has been rumoured that Granada is bidding £10 a share.At 11:00 this morning, YTT TV shares had soared 126p to 993p, and Granada rose 9p to 734p.
Videotron and UK Gold have signed a new deal which retains UK Gold and incorporates the launch of UK Living on the cable company’s network.As previously reported (Newsline 11/01/96), a disagreement between Videotron and UK Gold had threatened to dissolve their partnership. The row centred on Videotron’s insistence that UK Gold be moved to a… Continue reading UK Gold And Videotron Resolve Differences
The National Magazine Company has released a rather disappointing set of ABCs; although, despite Cosmopolitan’s fall in circulation this period, by 0.9% or 4,188 copies, it still managed to maintain its lead over arch rival, IPC’s Marie Claire. With Cosmo’s new figure at 456,394, the lead is now diminished to 3,873 copies.Harpers and Queen fared… Continue reading Cosmopolitan Keeps Lead Over Marie Claire
In the week when Channel 4 has had to pay £74 million out to ITV companies, good news has come from the government. Lord Inglewood, broadcasting minister announced the government’s decision to cap the reserve fund designed as a safety net for C4, allowing the money to go instead into programming.Currently, of any revenue C4… Continue reading C4 Funding Alterations Proposed By Government
The European parliament has voted in favour of proposals which would force European broadcasters to screen a quota of European-made programmes. The parliament voted by 292 to 195 for proposals which would oblige general content television channels to screen at least 51 per cent ‘home grown’ programmes.They also voted to tighten restrictions on commercial minutage.… Continue reading MEPs Vote For TV Restrictions
Virgin Radio is to restructure its sales department following the appointment of Kathryn Jacob as Sales Director. Lee Roberts and Alex Ward have been promoted to the positions of sales managers from their respective roles as head of business development and senior sales executive. Promotions executive Steve Taylor becomes head of promotions.Classic FM Sales Manager… Continue reading Radio Appointments
Discovery Communications Incorporated, the parent company of Discovery Channel Europe, has co-sponsored the most comprehensive global marketing and opinion- research study of its kind. DCI includes The Discovery Channel Europe, The Learning Channel (TLC) and encompasses networks throughout the world.The study reveals that average viewing per day in the UK (3.13 hours) is second only… Continue reading Discovery Sponsors Biggest Global Research
The Department of Trade and Industry has agreed to give its support to enable a £250,000 joint project to go-ahead which will assist newspapers and magazines to develop electronic publishers.Mediabase UK is to be developed jointly by printing and publishing industry research body PIRA International, together with the Newspaper Society and the Periodical Publisher’s Association.Mediabase… Continue reading DTI Backs Project To Assist Publishers On The Net
EMAP plc has today announced it has acquired the construction information business Glenigan Ltd and its UK subsidiaries from the Thomson Corporation, for £17.7 million cash.EMAP has also taken an option to purchase Newmarket Limited, Glenigan’s Dublin based subsidiary which provides construction information in Southern Ireland.EMAP’s existing interests in the sector include the weeklies, Construction… Continue reading EMAP Purchases Thomson’s Construction Information
Reuters have released financial figures which show that pre-tax profit is up 17% to £599 million for 1995. Revenue is up 17% to £2,703 million and earnings per ordinary share rose 19% to 25.8p. Total dividend is up 23% to 9.8p.Peter Job, Chief Executive of Reuters, said: ‘Reuters maintained its record of good revenue and… Continue reading Reuters Show Continued Growth
