In an attempt to repay its $150m bridging loan, WPP Group is launching a £85m rights issue. Shareholders will be asked to pay 45p a share for new ordinary shares on the basis of four for every five shares already held.The Group has stated to current shareholders that profits for 1992 have risen from £38.4m… Continue reading £85m Rights Issue For WPP
Classic Bike Guide, published by Myat MacFarlane, is increasing frequency from bi-monthly to monthly from the April edition.
Gaming and pools companies have been given the go ahead by the Government to sponsor television programmes but it is likely there will be tight restrictions on the type of programmes they can back. The move was announced following a Government decision to permit coverage of the National Lottery on television when it launches next… Continue reading Pools Companies In TV Sponsorship
Waterski International and Sports Boat International are merging in April to form one title, Sports Boat and Water Ski International. The launch issue will be the April issue, on sale Wednesday 31st March. The magazine will still be published 10 times a year with a cover price of £1.95.
IPC Magazines’ Specialist Group is set to launch a new monthly full-colour cycle magazine, Cycle Sport on May 6, cover dated June.Aimed at international cycle racing enthusiasts, the May launch issue will coincide with the interest in the Tour de France in July and August, and the Kelloggs Tour in Britain. The magazine will be… Continue reading IPC Launch Into Cycling
President of Heinz, Tony O’Reilly, is again rumoured to be interested in buying into the British newspaper industry with the first proposed acquistion being Reed Regional Newspapers. O’Reilly made a failed bid for Mirror Group Newspapers at the end of last year and so is now attempting to etch out a new path into UK… Continue reading Irish Tycoon To Buy Into UK Press
Comedy and drama feature strongly in BBC’s spring/summer schedule, issued yesterday, with new arrivals such as Every Silver Lining, a comedy starring Frances De La Tour and Andrew Sachs about husband and wife cafe owners, six comic Strip films, a new series of The Full Wax and Have I Got News For You and regulars… Continue reading Yentob Issues BBC Spring Schedule
Turner Network Television will launch two new satellite channels in September targeting both children and adults. Cartoon Network and TNT will combine to create a 24 hour entertainment channel. Cartoons will run from 6am to 8pm, followed by 10 hours of ‘classic’ films. Both channels will be free to viewers, funded by distribution sales (cable)… Continue reading New Entertainment Channel On Astra
As reported on MediaTel in September Express Newspapers has finally settled a £500,000 sponsorship deal with Noel’s Garden Party, an extension of the highly successful BBC TV series, Noel’s House Party. The Party will be made up of two live racing events at Doncaster and two at Haydock Park, both of which will take place… Continue reading Express Deal Struck With Noel’s Party
The BBC confirmed to MediaTel today that Sue Stoessl is to take over as head of broadcasting research at the Corporation, to replace former head, Peter Meneer. Her post will officially begin in the summer but a definite date has yet to be announced. Stoessl is currently director general of the Market Research Society.BBC RESEARCH:… Continue reading Stoessl To Replace Meneer At BBC
