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Liberal democrat peer, Lord McNally has narrowly failed to enforce changes to the Communications Bill which would have prevented Rupert Murdoch from buying a UK terrestrial TV channel, such as Channel Five. Despite support from across the political divide, the proposed amendment (see Lib Dems May Scupper Communications Bill Compromise) was defeated by 167 votes… Continue reading Lords Fail to Carry “Murdoch Amendment”

Capital Radio boss, David Mansfield, has moved to rule out a potential takeover by American-owned Clear Channel following the relaxation of the media ownership regulations. Lowry Mays, chief executive of Clear Channel, has made no secret of his intention to acquire a major UK radio group once the Communications Bill comes into force (see NewsLine)… Continue reading Capital Radio Chief Moves To Quash Clear Channel Takeover

Greg Dyke, director general of the BBC, has warned that the relaxation of the media ownership regulations could lead to the market being flooded with radio stations that are simply in the business of ”selling products” for advertisers. Speaking at this yearÂ’s annual Radio Festival in Birmingham, Dyke criticised the GovernmentÂ’s plans to allow just… Continue reading Dyke Warns Against Regulatory Free For All

The government’s last minute agreement with Lord Puttnam may not be enough to secure the smooth passage of the Communications Bill through the Lords, after Liberal Democrat peer Lord McNally called for a specific ban on Rupert Murdoch buying Channel Five. Liberal Democrat peers are hoping to force an amendment to the bill which would… Continue reading Lib Dems May Scupper Communications Bill Compromise

Ofcom Chairman, Lord Currie, has welcomed the GovernmentÂ’s decision to amend the Communications Bill to give the new super-regulator the power to investigate major media mergers (see Government Ends Media Ownership Deadlock). The eleventh hour amendment, put forward by Lord Puttnam to limit the dominance of large media owners following the relaxation of the ownership… Continue reading Ofcom Chairman Welcomes Puttnam’s Plurality Test

Trinity Mirror was seen in the spotlight, up 2.05%, on reports that chief executive, Sly Bailey, has ruled out the demerger of the company’s national and regional newspapers and is set to initiate a thorough cost-cutting programme (see Bailey Seeks To Cut Costs At Trinity Mirror).Cordiant also remained in focus, down 6.67%. The stock was… Continue reading Sharewatch: Trinity Rises On Positive Comments

Greg Dyke, director general of the BBC, has warned that the relaxation of the media ownership regulations could lead to the market being flooded with radio stations that are simply in the business of “selling products” for advertisers.Speaking at this year’s annual Radio Festival in Birmingham, Dyke criticised the Government’s plans to allow just two… Continue reading Dyke Warns Against Regulatory Free For All

GWR’s sales house, Opus, has launched a new website, which will represent all 31 of The Mix music radio stations.The website, www.musicradio.com, will feature news and listings information for each station. According to Opus, it will also provide advertisers with a greater online presence on The Mix network.To promote the launch of the new site,… Continue reading Opus Launches New Website For The Mix

Sly Bailey, chief executive of Trinity Mirror, has apparently ruled out the demerger of the company’s national and regional newspapers but is expected to announce shortly a thorough cost-cutting programme.According to reports, Bailey, who has carried out a strategic review, is planning to slash overheads and cut between £20 million and £30 million from the… Continue reading Bailey Seeks To Cut Costs At Trinity Mirror

Ofcom Chairman, Lord Currie, has welcomed the Government’s decision to amend the Communications Bill to give the new super-regulator the power to investigate major media mergers (see Government Ends Media Ownership Deadlock).The eleventh hour amendment, put forward by Lord Puttnam to limit the dominance of large media owners following the relaxation of the ownership regulations… Continue reading Ofcom Chairman Welcomes Puttnam’s Plurality Test