The Sun has been given seven days to reply to a letter from the Queen’s solicitor, demanding damages for the publication of her Christmas speech two days before it was due to be revealed. The tabloid has made it clear that it will defend all legal proceedings brought by the Queen and feel confident that… Continue reading Sun To Reply To Queen’s Letter
In a study carried out by The Billett Consultancy entitled ‘TV Advertising in a Recession – Today and Tomorrow’, results maintain that continuing to advertise on TV during the recession has been worth it despite criticism to the contrary. The report finds a positive correlation between television adspend and maintaining market share during the economic… Continue reading Television Ads Survive Recession
Channel 4 Television has set up a new trading subsidiary to sell the company’s films and programmes. Channel 4 International Ltd will take over from Film Four International and the present in-house sales arm Channel 4 International, with Michael Grade as chairman. Existing commercial activities have accumulated an average annual turnover of £10m over the… Continue reading Trading Subsidiary For Channel 4
Reed International negotiated a deal with BSB shareholders yesterday to sell its share in BSkyB at a cost of £2.3m.The deal has put a fixed value on the satellite company of £22bn, lower than anticipated, with the announcement that it has actually succeeded in clinching a £7.5m profit in the six months to December 30… Continue reading Reed Settles BSkyB Deal
London-based Jazz FM looks set to place a bid for the radio licence for the North West, in an attempt to extend the station’s style to other parts of the country. The licence has a potential listening audience of 4.3m, the largest regional licence advertised by the Radio Authority.
London-based Jazz FM looks set to place a bid for the radio licence for the North West, in an attempt to extend the station’s style to other parts of the country. The licence has a potential listening audience of 4.3m, the largest regional licence advertised by the Radio Authority.
Christopher Chataway will step down as chairman of LBC today, handing the position over to Dame Shirley Porter, whose family now owns the radio station. Chataway will remain as a non-executive director.
Rupert Murdoch’s international media company, News Corp, has revealed a profit increase of 27% to A$452.8m in the six months to the end of December 1992. Earnings per share dropped from A$1.10 to A$1.09.Weekly revenues at Murdoch’s satellite company, BSkyB, are said to have increased by 79% from the same period last year.
In a report released today entitled ‘What Price Public Service? The Future of the BBC’ the Adam Smith Institute recommends that the Corporation should be floated on the stock market, and the licence fee phased out over the next ten years with funding being totally covered by advertising and sponsorship.In response to the Government Green… Continue reading BBC Should Be Floated Say Experts
Labour MPs are now being backed by the Liberals in their condemnation of Carlton chairman, Michael Green, who is being criticised for donating money to the Conservative party (Newsline 8/2). The MPs maintain that their main fear is for the future of Independent Television News, which looks as if it will be taken over by… Continue reading Carlton Chief
Gets Further Opposition
