The chancellor’s decision not to impose VAT on the press at yesterday’s budget has brought large sighs of relief from the industry.The Newspaper Society’s director, Dugal Nisbet Smith, said, “We are delighted…the government has today demonstrated its support for regional and local newspapers and the invaluable service they provide in every community”.The Newspaper Society claimed… Continue reading Relief As No VAT On Press
Under the 1990 Broadcasting Act no single participant in the ITN consortium is allowed to own more than 20%.Current shareholders are:18% EachCarlton, Central, LWT, Granada and Reuters.5% EachSTV and Anglia.Carlton’s bid for Central would give them a 36% stake – which would mean they would need to dispose of 16% of their shares. Further changes… Continue reading Ownership Changes Imminent At ITN
Under the 1990 Broadcasting Act no single participant in the ITN consortium is allowed to own more than 20%.Current shareholders are:18% EachCarlton, Central, LWT, Granada and Reuters.5% EachSTV and Anglia.Carlton’s bid for Central would give them a 36% stake – which would mean they would need to dispose of 16% of their shares. Further changes… Continue reading Ownership Changes Imminent At ITN
Newspaper Publishing plc, publishers of The Independent and The Independent on Sunday, announced its preliminary results for the year ended 26 September 1993.There were pre-tax losses of £486,000 compared with a £28,000 profit last year. Chairman, Ian Hay Davison, said, “Revenue held up well in a particularly difficult year for the UK broadsheet newspaper industry”,… Continue reading Newspaper Publishing Announces Losses
The next MRG evening will be held on Thursday 9 December at 6pm, at JWT. The title of the evening is “I Can’t Believe Its Clutter”.MRG members will see the results of research from the ITV Network Centre into “clutter”, the non-editorial between programmes, such as programme promotion and sponsorship.Presenting the results will be Susan… Continue reading MRG Evening – And Xmas Party
The question of tobacco advertising has been put directly to the people for the first time. On Sunday 28 November Switzerland held a national referendum on whether to ban tobacco and alcohol advertising; 75% of voters rejected the proposal.Of those countries where a ban already exists on tobacco advertising, France, Portugal and Italy, France is… Continue reading Europeans In Favour Of Tobacco Ads
Nike, the sports manufacturer, and one of MTV’s largest and most long-standing advertisers, will be sponsoring MTV’s B-Ball Weekend, to be broadcast on 4 and 5 December.As well as this special event, Nike also sponsor MTV Sports and Music Non Stop.
ITV has released details of its Christmas schedule. The highlights include two specials from Phillip Schofield, in his first programmes for ITV; Christmas Gold, with classic TV and film footage, and Six Little Angels, where he visits the Walton Sextuplets, ten years on.Christmas Day sees a special edition of Gladiators; other festive specials include Blind… Continue reading ITV Christmas Schedule
Greenlight Publishing is to close its motoring magazine 4X4 in January. The specialist monthly has an estimated circulation of 20,000.IMPACT CLOSES MASTER FORCEImpact magazines has closed the computer games title Sega Master Force. The magazine was launched in June and survived for just 5 issues. Impact is also rumoured to be selling off its sister… Continue reading 4×4 To Close
In the chancellor’s budget speech this afternoon, he announced that there was to be no VAT on published material.He stressed that no amount of lobbying would have affected his decision either way, thus pointing out that in his decision not to introduce VAT on publishing he was not bowing to public opinion and pressure.
