Pre-tax profits for outdoor group, More O’Ferrall stand at £5.04m for the year ending December 1992, having fallen from last year’s £5.80m. Turnover increased to £62.50m and earnings per share fell from 14.9p to 11p. The final dividend came out at 10p making the total for the year 13.2p.
Labour shadow secretary for National Heritage, Ann Clwyd, has made it clear she is prepared to continue her battle against Granada TV, claiming it does not deserve the ITV licence it holds. Clwyd challenged Heritage Secretary Peter Brooke yesterday saying he should admit the Government and the ITC made “a complete mess” of the franchise… Continue reading Clwyd Refuses To End Granada Row
Publisher of the Liverpool Weekly Newspaper Group, Trinity Newspapers, has announced pre-tax profits of £16.90m for the year ending December 31 1992. Turnover fell from £135.49m to £115.39m and earnings per share increased from 15.6p to 17.1p.
The Daily Mail & General Trust has bought 7.87 million shares in SelecTV, makers of Birds of a Feather and part owners of Meridian Television.
Mars Confectionery has set up its first UK television programme sponsorship deal with the ITV Chart Show, due to begin in early May. Twix will back the 60-minute show, with additional spot advertisements and on-pack communications. The Chart Show claims a 54% share of the 16 to 24 year-old audience and a 41% share of… Continue reading Twix To Sponsor ITV Chart Show
American advertising group, Omnicom, is believed to be making preparations to buy leading British agency Abbott Mead Vickers (AMV). Omnicom currently owns a 27% stake in the agency and now that the initial standstill agreement has been taken off, is free to purchase the company outright. Shares in AMV rose to 465p last week when… Continue reading Omnicom Shows Interest In AMV
The Government has announced that it is to impose a ban on pornographic channel, Red Hot Television, making the supply of decoders used to receive the channel a criminal offence. The station, which is received by over 25,000 subscribers in this country says it will fight the decision in the courts.
Sales for the first issue of IPC’s TV & Satellite Week have come out at around 200,000, 50,000 less than forecast. Satellite TV Europe, meanwhile, has recorded a new ABC of 269,040.
According to figures published in yesterday’s edition of the Sunday Times, sales for the paper have soared to 1.291m, up 94,000 on the year. The Observer is quoted as falling to 504,000, down 43,000, with the Sunday Telegraph also dropping to 573,000 – a decrease of 16,000. February ABC figures for the papers stand at… Continue reading Sunday Times Sales Soar
The Independent Television Commission met on Friday to discuss recent allegations that Granada is breaching its initial programming contract (Newsline 25/2). The Commission ruled that “there is no evidence to suggest the licence conditions will not be met” and claimed that it totally refutes “unfounded and unsubstantiated allegations that the ITC is failing in its… Continue reading ITC Rejects Granada Breach
