Concord has reduced its forecast for outdoor rates growth in the final quarter of 1993 to 4.25%. 3 months ago a growth of 8.3% was predicted for this period. Concord has revised its estimate because of the lack of alcoholic drinks advertisers booking pre-Christmas campaigns.Rates in the 3rd quarter were better than expected with a… Continue reading Concord Poster Rates Forecast – Qtr 4
An approach made by Premier Media to take over the film and television interests of the Rank Organisation has been rejected. Premier Media is a consortium led by Michael Grade, chief executive of Channel Four Television, and the offer was said to be in the region of £400m.HESELTINE INTERVENTION IN ITV TAKEOVERSTrade and Industry Secretary… Continue reading Rank Rejects Takeover Approach
Three separate submissions to the ITC indicate a revival of interest in the development of a fifth national TV channel. The ITC rejected the only bid for C5,from a Thames TV-led consortium, last December.Chairman of the MAI Group Lord Hollick has formally written to the ITC advocating the re-advertisement of Channel Five. His company has… Continue reading Channel Five Interest Revived
A new ratecard for the Granada/Border macro region, North by Northwest, will be available within the next two weeks.According to Peter Lilley, Client Sales and Support Director, the new region has been created “to enable one transaction, one price and one payment to cover both stations,” and should encourage greater use of Border by any… Continue reading Granada/Border Deal
QVC Network yesterday increased the strength of its takeover bid for Paramount by securing $1bn worth of equity investment from Cox Enterprises and Advance Publications. QVC’s current bid stands at $9.6bn.
BBC World Service TV has issued a writ against News Corporation following disagreements over the expansion of global TV news. The writ follows a threat from Mr Murdoch’s lawyers that StarTV would terminate its 10 year contract with the BBC, if the BBC went ahead with its planned launch of an Arabic language TV news… Continue reading BBC Serves Writ On Murdoch
MIN, the company which recently bought 20 free weekly titles from the Thomson Regional Newspaper sell-offs, has announced that it intends to introduce 4 new free weekly titles into the Midlands market over the next 12 months, along with possible further acquisitions outside of the area. The company already publish some of the most successful… Continue reading Midland Independent Launch New Titles
Sky TV has today announced that over 400,000 subscribers, all previously non movie subscribers, have taken up the new Multi Channel package.The majority of these new subscribers have also taken one or more of Sky’s premium channels – Sky Movies, The Movie Channel, or Sky Sports.Increased demand has meant that more than 100,000 dishes were… Continue reading M-Channel Package Increase Dish Sales
WPP has lodged an affidavit on behalf of Ogilvy & Mather expressing its concerns over the Canary Wharf rescue package.WPP believes the reconstruction does not secure sufficient cash flow to satisfy long term interest of tenants.Administrators Ernst & Young must lodge a response today, so that the matter can be heard in the High Court… Continue reading WPP’s Canary Concerns
The OFT has rejected the claim by The Independent that the Times’ price cut to 30p was predatory pricing.MonS MEMOIRS PUBLICATION BLOCKEDAnother court victory was achieved by The Times when the Mail On Sunday agreed not to infringe copyright by publishing material based on Margaret Thatcher’s memoirs.NEWS OF THE WORLD BIRTHDAY SALESThe 150th birthday issue… Continue reading OFT Clears Times
