The GWR Group has today announced the acquisition of Plymouth Sound, which operates an AM and FM licence in the South West.GWR, owner of Classic FM, bought the group for £5.28 million from The Local Radio Company (TLRC). GWR already had an interest in Plymouth Sound through its 20% holding in TLCR. Plymouth Sound’s two… Continue reading GWR Acquires Plymouth Sound For £5.3 Million
Scottish Radio Holdings fell by 17˝p to 950p yesterday. The group denied rumours yesterday that it was in merger talks with Clear Channel (see Newsline).Adscene’s stock remained unchanged at 229˝p, but reports are emerging this morning that the regional newspaper group is being split in two in a deal involving 3i and Northcliffe Newspapers. Details… Continue reading Sharewatch
The latest batch of readership figures, released by the National Readership Survey (NRS) yesterday, show that the Sunday national newspapers are continuing to shed readers. Year on year only the Independent On Sunday, Mail On Sunday and the Observer reported increases in readership.The News Of The World, Sunday Express, Sunday Mirror, Sunday People, Sunday Telegraph… Continue reading National Newspaper NRS Round-Up – May 1999
The Independent Television Commission (ITC) and the BBC have announced some revisions to guidelines on the allocation of party political broadcasts. The consultation, which began last year, decided that further consideration was needed to the scheduling times of such broadcasts, and the new proposals set out a plan to focus party broadcasts at key times… Continue reading ITC and BBC Revise Rules On Political Broadcasts
Stocks in US-based cable company, NTL, were boosted yesterday following reports that the group is to re-enter its takeover talks with Newcastle United Football Club. Earlier in the year NTL made a £160 million offer for 50.7% of the club; this offer was then withdrawn in April following BSkyB’s failure to buy Manchester United (see… Continue reading NTL Stock Rises Over Possible Newcastle United Takeover
US media group, Clear Channel, has denied reports that it is in purchase negotiations with Scottish Radio Holdings (SRH). Market rumours circulating over the weekend and yesterday speculated that Clear Channel is interested in taking a stake in SRH. Scottish Radio owns a series of radio stations, local papers and billboards sites and has bid… Continue reading Clear Channel Denies Interest In Scottish Radio
WPP rose 13p yesterday to 550p after issuing a positive trading update for the first five months of the year (see Newsline).Scottish Radio jumped 47˝p to 967˝p yesterday. The radio group was yesterday rumoured to have been approached by the Clear Channel, which is believed to be interested in purchasing a stake in the group.Pearson,… Continue reading Sharewatch
The Guardian Weekly is due for a fresh look in order to raise the profile of the Guardian brand overseas. The paper features the best of the Guardian’s weekly coverage, along with a selection of articles from the Washington Post and Le Monde.The title celebrates its 80th anniversary this year, and from 4 July will… Continue reading The Guardian Weekly Prepares To ‘Liven Up’
London listings guide Time Out will unveil a new look this week, which will include more colour and a new style, in attempt to freshen up and modernise the entertainment title.2 new contents pages will highlight features and listings within the magazine, and the letters pages will be moved to the front. When Newsline spoke… Continue reading Time Out London Prepares To Unveil New Look
Media group Pearson has confirmed that Marjorie Scardino, CEO, has stepped up to take the place of Greg Dyke as chairman of Pearson Television. Mr Dyke is to be the next director-general of the BBC (see Newsline).The move will allow Scardino to monitor developments at the TV group whilst directors search for a replacement for… Continue reading Scardino Replaces Dyke As He Prepares For BBC DG Post
