Today is the closing date for Granada’s original offer for LWT, worth £640m. Granada is expected to announce a 14-day extension to its offer and a statement drawing attention to the rise in its share price since the bid was launched in early December; this lifted the value of the offer from £590m to £640m.… Continue reading Granada Expected To Extend Bid For LWT
Express Newspapers is offering its readers return trips to France for £1 for the fourth year running. Readers have to collect four tokens from the Sunday or Daily Express.Tokens will appear in the Sunday Express on 2 January and will appear throughout the following two weeks in the Sunday and the Daily Express.The offer is… Continue reading Express Offers France For £1
Staff at The Independent newspaper were told yesterday that a deal to safeguard the future of the title is likely in the next three to four weeks.Andreas Whittam – Smith, founder and editor-in-chief, told journalists that a cash injection was being sought from another newspaper group, which might mean leaving their current premises.Staff believe that… Continue reading Independent Cash Injection Likely
A new DTI branch has been set up with the aim of boosting UK broadcasting at home and abroad. It will study the industry’s competitiveness. The branch will be headed by Neil Warman, who will also be responsible for pulling together issues such as de-regulation of ownership rules and the promised review of cross-media regulations.BBC… Continue reading Broadcasting Boost From DTI
A new DTI branch has been set up with the aim of boosting UK broadcasting at home and abroad. It will study the industry’s competitiveness. The branch will be headed by Neil Warman, who will also be responsible for pulling together issues such as de-regulation of ownership rules and the promised review of cross-media regulations.BBC… Continue reading Broadcasting Boost From DTI
Staff at The Independent newspaper were told yesterday that a deal to safeguard the future of the title is likely in the next three to four weeks.Andreas Whittam – Smith, founder and editor-in-chief, told journalists that a cash injection was being sought from another newspaper group, which might mean leaving their current premises.Staff believe that… Continue reading Independent Cash Injection Likely
The Morgan Partnership (Glasgow) has made a dozen redundancies including the Media Director Marc Fincham. The media department has been reduced by 50% in the last month.
The Government yesterday approved the takeover of Thames Valley Newspapers by the Guardian Media Group, which had been investigated by the Monopolies and Mergers Commission. Thames Valley Newspapers, a division of Thomson Regional Newspapers, publishes the Reading Evening Post, a weekly paid-for title and free weeklies in Reading Wokingham and Bracknell, Berkshire.The deal increases GMG’s… Continue reading Newspaper Takeover Approved
The board of Paramount Communications yesterday said it was terminating its existing merger pact with Viacom in favour of a hostile $10bn (£6.7bn) bid from the television shopping channel QVC Network. It is still likely that Viacom will put in an increased offer.GRANADA BOSS GETS 17% PAY RISEThe chief executive of Granada TV, Gerry Robinson,… Continue reading Paramount Recommends Bid
Laser Sales has issued a combined London Weekend Television and Yorkshire -Tyne Tees Television ratecard, which will be effective from January 1st 1994. The move, which standardises the ratecards for the two areas, adds strength to LWT’s attempts to fend off the Granada bid.Standard rates for LWT in 1994 will not increase, remaining at £25,000… Continue reading Joint Ratecard Issued For LWT/YTTV
