Following the start of the price war among the broadsheets today, newspaper group shares have fallen sharply. By 15:00 this afternoon, shares in the Telegraph group dropped 202p to 338p, wiping millions of pounds off the value of the group.Shares in other groups have also fallen; shares in the Daily Mail fell 178p to 1275p;… Continue reading Newspaper Shares Tumble
Emap launched its £71m bid for Trans World, yesterday despite opposition from existing shareholders Guardian Media. The bid follows Owen Oyston’s undertaking to sell his 22% stake to Emap, this agreement is now irrevocable. The takeover bid will be declared unconditional as soon as the shareholders have received the offer document from Emap.Further details of… Continue reading Emap Launches Trans World Bid
HTV and Westcountry are to move their sales to TSMS, joining Anglia, Meridian and Ulster TV. The move is likely to take place at the end of next month. Scottish TV and Grampian are expected to follow.If STV and Grampian join TSMS, the sales house’s share of all TV advertising would be around 26%, but… Continue reading HTV And Westcountry To Join TSMS
The latest figures from GfK put Satellite Dish Ownership (Direct to Home) at 2.612 million as of 23rd April 1994. This represents an increase of 47,000 dishes since March 1994, and an increase of 414,000 dishes on April 1993 BARB’s latest figures (May 1994) put dish ownership at 2.739 million. BARB data includes Northern Ireland… Continue reading GfK Estimates Dish Ownership Up 15.8% In Last Year
Channel 4 chairman, Sir Michael Bishop, and chief executive, Michael Grade, yesterday met with Peter Brooke, the National Heritage secretary, to persuade him to remove present funding arrangements, which they say could result in Channel 4 paying £500m to ITV over 10 years. They claim this would go straight into ITV profits rather than funding… Continue reading ITV Hits Back Over Channel 4 Funding
Regional advertising monthly, Adline, completes the second stage of its relaunch in July, moving to a larger format, dedicating news pages to each region every month and becoming available through the bookstands for the first time.Adline – 021 446 4466
Guardian Media Group has confirmed that it is to seek a judicial review of the Radio Authority decision which has cleared the way for EMAP to mount a takeover bid for Trans World Communications (which owns radio stations in the north of England and in Wales). The bid has been cleared despite the fact that… Continue reading EMAP Takeover Of TWC To Be Legally Challenged
REVENUEThe combined TV revenue figure for May, based on agency estimates, came in at £175,434,200, the highest since October 1992 and an increase on May’93 of 22%. C4 and ITV revenue came in at £141.77m and £33.67m respectively. The ITV:C4 revenue share ratio is therefore 81:19 and shows ITV gaining a little ground from C4… Continue reading Television Round-Up – May
Channel 4 today launched their New Season which their say confirms their remit to produce more distictive programming. Main features of the summer season include The Long War, which marks the 25th anniversary of the dispatch of British Troops to Northern Ireland in which Irish commentators such as Brian Keenan and Mary Holland explore the… Continue reading Channel 4 Summer Season
Pensions specialist NPI is taking part in a British Heritage-themed sponsorship initiative with The Times and Classic FM. The promotion gives concessions to 50 historic houses, and there will be the opportunity to win a £15,000 NPI investment plan. Sponsorship consultants are Spero Communications.
