A downgrade from Merrill Lynch put Telewest amongst the worst performers in the FTSE 100 yesterday. Shares ended down 17¼p at £1.42. Another poor performance was seen at Emap, which dropped 75p to £10.00.Reports yesterday ruled BSkyB out of any equity partnership talks with Channel 4’s new pay-TV venture, E4 (see E4 Equity Partner Discussions… Continue reading Sharewatch
ITV and the ITC have today reached an agreement regarding the rescheduling of the ITV Nightly News. From New Year 2001 a 10pm news bulletin will be restored on the network from Monday to Thursdays, with more flexibility in news programming permitted on Fridays.The decision ends months of disagreement between the two sides after slumping… Continue reading News At Ten To Return To ITV
Recommendations for an overhaul of the Audit Bureau of Circulations’ auditing and inspection process were presented to the ABC Council yesterday. The recommendations have been drafted by the Audit Review Committee established in January in the wake of circulation irregularities discovered at the Birmingham Post and Mail.The ABC Council has approved the recommendations in principle… Continue reading Audit Review Committee Presents Findings To ABC Council
The Broadcasting Standards Commission has published a report examining public attitudes towards broadcasting regulation. “Regulation – The Changing Perspective” is the result of surveys undertaken during 1999 and 2000 to gauge public opinion on the topic as the Government prepares its Communications White Paper (see Lighter Regulation Must Mean More Accountable Broadcasters, Says BSC).The necessity… Continue reading BSC Report Finds Public In Favour Of Regulation
Channel 4 is reported to have abandoned discussions with BSkyB about the satellite broadcaster becoming an equity partner in C4’s new pay-TV entertainment channel, E4. Channel 4 said that it has always been looking for possible equity partners, but that it could not discuss individual companies, or confirm that the negotiations reported in the national… Continue reading E4 Equity Partner Discussions With BSkyB Flounder
Natmags has announced the imminent launch of Cosmo Girl, a teenage version of its popular Cosmopolitan brand. The news follows hot on the heels of Emap’s announcement that Elle is to get a little sister in the form of the not-very-unpredictably-titled Elle Girl (see Emap To Launch Younger Sister For Elle). In the last set… Continue reading Launches Brief
The Periodical Publishers Association has this morning announced the development of an industry-wide distribution system for magazines and newspapers. Amid recent proposals by Tesco and WHSmith to establish a national distribution system, the new scheme – called ‘Blueprint’ – is aimed at maintaining the current network with improvements to answer the concerns of major retailers.At… Continue reading PPA Announces “Blueprint” To Answer Distribution Concerns
The Daily Mail and General Trust released a trading statement ahead of its full year results in October (see Daily Mail Group Reports Increased Ad Revenue But Rising Investment Costs). The news for investors was mixed- ad revenue has gone up, but so has investment expenditure. Shares in the company ended down yesterday, by 6p… Continue reading Sharewatch
UBC Media has confirmed it is in discussions with GWR regarding the radio group’s Classic Gold format. GWR was forced to put the licences up for sale in compliance with regulatory requirements imposed upon its acquisition of DMGT in June (see Feature: GWR Seeks Licence Disposal Amid Consolidation).The deal will involve a considerable number of… Continue reading UBC Media Confirms Discussions With GWR Over Classic Gold Licences
GWR Radio Group has this afternoon announced the disposal of 12 of its Classic Gold licences to Classic Gold Digital Ltd. This newly-formed subsidiary is to be 80%-owned by UBC Media and 20% by GWR.The deal, revealed this morning (see UBC Media Confirms Discussions With GWR Over Classic Gold Licences), was struck after GWR’s purchase… Continue reading GWR Disposes Of 12 Classic Gold Licences
