The Bank of England brought some respite to beleaguered homebuyers and businesses when it decided not to raise the cost of borrowing.Members of the Bank’s Monetary Policy Committee left interest rates unchanged at 7.5%.There was outcry last month when rates were raised by 0.25% to the current level, prompting fears that the mounting cost of… Continue reading Interest Rate Stays Unchanged
Chic magazine is to be closed just months after it was relaunched by publishers Northern & Shell (see Chic To Relaunch After Two Years).The publishers claim that WH Smith is demanding trading margins which are too high to keep the magazine viable with its current circulation. Until the dispute is settled the magazine will be… Continue reading Chic To Close Straight After Relaunch
Capital Interactive, the new media arm of Capital Radio, has won the KPMG/NTL Award for technical excellence at this year’s Commercial Radio Awards.Douglas McCallum, head of Capital Interactive, says: “The award from the CRCA is testimony to the continuing creative excellence from a Capital Interactive team that has produced websites of the highest order.”The Capital… Continue reading Capital Interactive Wins Technical Excellence Award
Channel 5 has held discussions with the Independent Television Commission (ITC) to draw up a set of criteria that will be used to rent out its spare digital terrestrial frequency (see Channel 5 To Offer Surplus Digital Frequencies). It is understood that BSkyB would not be prevented from using this capacity as was mooted earlier… Continue reading Channel 5 Digital Capacity May Run Sky Sports
Latest figures from the Newspaper Society (NS) report that Britain’s regional and local press has enjoyed a rise in total advertising revenue of 8.5% to £2.237 billion between 1996 and 1997.“The AA figures tell a tremendous story for the regional press, which is outperforming the advertising market as a whole and growing at a faster… Continue reading Regional Press Advertising Shows Strong Growth
Following a public interest test, the Radio Authority (RA) has decided that the proposed takeover of London alternative station XFM by Capital Radio will be allowed to go ahead (see Capital’s Xfm Move Dependent On Watchdogs).The Authority has determined that the takeover would not be expected to operate against the public interest in terms of… Continue reading Capital Receives Go-Ahead On Xfm Takeover
As from tomorrow the offices of the National Readership Survey (NRS) have been relocated to:42 Drury Lane London WC2H 5RNTel: 0171 632 2915 Fax: 0171 632 2916The NRS website can be found at http://www.nrs.co.uk/ and is part of the Media Village (http://www.mediavillage/).
Quality Market Total broadsheet circulation for this period was down 1.6% to 5.7 million copies – a loss of 94,000 copies for January-June 1998. The Sunday Telegraph suffered the greatest loss in terms of copies, down by 51,568 (5.8%) to a circulation of 841,062. The Independent reports the greatest loss relative to its circulation: down… Continue reading National Newspaper Round-Up – June 1998
With the World Cup moving into its second week, much of the top part of the chart is dominated by football. Rather surprisingly the England v Romania game (19.48 million) achieved a higher audience than England v Columbia (19.13 million). Mind you, as we all know well enough by now, BARB doesn’t have any means… Continue reading TV Viewing Summary W/E 28/06/98
MTV Europe has entered partnership with independent UK radio producers, Unique Productions, to create the new company MTV Radio Productions (MTVRP).The venture will pool the resources of MTV with the production skills of Unique to create music-based radio programmes that can be commissioned by the BBC and commercial radio stations in the UK and across… Continue reading MTV Secures Unique Radio Deal
