The Carlton-led consortium bidding for ITN has announced that it may withdraw its offer if it cannot get the freehold on ITN’s £100m headquarters. The news suppliers are currently losing up to £6m a year on the 35-year lease.
The Independent Radio and Television Commission has agreed to allow the merger of two regional radio stations in the south of Ireland, putting Shannonside Radio and Northern Sound Radio under the umbrella of Midland Radio Group Ltd.The group consists of the original shareholders from both stations and they will operate from their present bases. Shannonside… Continue reading Irish Radio In Joint Venture
The Radio Authority has re-advertised the ILR FM and AM licences for Peterborough currently held by Hereward Radio, part of Mid Anglia Radio. The closing date for applications is May 4 1993 and the new licences take effect from January 1995.Following the re-advertisement of the FM and AM licences for Southend and Chelmsford, the only… Continue reading IR Licences
Gold Greenlees Trott is to raise £14.7m through a rights issue of new Ordinary Shares at 235p per share. The group plans to use the proceeds to fund acquisitions which will build upon its existing businesses in the UK and US.The rights issue will be offered to shareholders on the basis of 1 new Ordinary… Continue reading GGT Rights Issue
Adam Crozier, media planning director at Saatchi and Saatchi, has been appointed media director. He replaces Derek Bowden, who last week became client sales director at Zenith Media Worldwide.
As part of its 30th anniversary, next week, BBC Wildlife magazine is set to be revamped.Changes to the magazine include a new presentation aimed at highlighting the news-based, campaigning elements of the magazine.
The ITC has demanded that Teletext UK, the ITV teletext service which replaced Oracle at the beginning of the year, does more to improve the service it offers. Thousands of complaints have been lodged by viewers with regard to missing pages, insufficient news, religious and regional pages, plus the fact that the service has not… Continue reading Teletext Warned For Second Time
Shareholders of Pearson and Granada Group have endorsed the agreed deal to buy part of a 3.66% holding in BskyB from Reed International (Newline 10/2).
Both the April and May issues of BBC Gardeners’ World will have covermounted gifts, the first of which will be a flat packed hanging basket. The cover price will increase to £1.55 from the April issue.BBC Magazines: 081 576 2000
The former head of sales at London station Kiss FM, John Reilly, has set up a radio sales consultancy. He is currently operating from David Knight Advertising.John Reilly: 0932 227389
