Abbott Mead Vickers has sold off its Leagas Delaney business to a management team for £4 million.AMV has been the parent company of Leagas Delaney for the past 12 years, but said the agency was moving in a different direction. It has been rumoured for some time that staff at Leagas were looking to cut… Continue reading Abbott Mead Sells UK Ad Agency
The Guardian will be launching a revamped Saturday package on April 25 which will see the launch of a new supplement and the expansion of other sections.The Saturday edition of the newspaper will boast a new colour tabloid magazine called Travel while its sport coverage becomes a stand-alone section with increased features and more fixtures.… Continue reading Guardian Makes Changes To Saturday Package
Chris Evans’ media group Ginger Media has teamed up with GWR Group to create Digital One, a digital consortium which will bid for the only national commercial digital radio licence advertised by the Radio Authority today (see earlier Radio Authority Advertises National Digital Licence story).Quentin Howard, head of GWR’s Digital Division, will become Digital One’s… Continue reading GWR And Ginger Create Digital Consortium
Lesbian lifestyle title Diva has decided to change its frequency from bi-monthly to monthly from April onwards.The magazine’s publishers, Millivres, claim that from an initial print-run of 8,000 Diva‘s circulation has risen to over 30,000, with rapid expansion overseas and a ‘healthy’ increase in ad revenue.The title will also get a facelift along with new… Continue reading Diva Goes Monthly
The Radio Authority today placed an ad in the FT for the first and only national commercial digital radio multiplex.The licence is granted for a period of twelve years and some of its capacity is reserved for broadcasting the three existing national commercial stations. Remaining capacity may accommodate a range of new national services, the… Continue reading Radio Authority Advertises National Digital Licence
Cable company NTL is believed to have made an offer of £550 million for General Cable. Although NTL declined to comment this morning, it has been in talks with General Cable for some time (subscribers see General Cable In Takeover Talks).Telewest was also in discussion with General Cable but it is reported that its offer… Continue reading NTL In General Cable Takeover Rumours
Channel 5 plans to offer its ‘spare’ digital frequencies to other broadcasters to use for their own programming. The channel says that it wishes to focus its investment and spending on the one Channel 5 service which will be simulcast on both analogue and digital terrestrial, as well as digital satellite.This means that the channel… Continue reading Channel 5 To Offer Surplus Digital Frequencies
The Independent Radio Group, which owns stations such as Scot FM , Mercury FM and 102.4 Wish FM , today announced financial results for 1997 which show a fall in losses from £3 million in 1996 to £2 million. There was also a 60% rise in turnover to £3.6m.Chairman John Bateson said: “IRG is in… Continue reading Independent Radio Shows Improved Results
ITV today announced a £170 million schedule for Spring and Summer which is dominated by World Cup and Formula One action. This will culminate on July 12 when live coverage of the British Grand Prix at Silverstone is followed by the final of the World Cup in Paris.ITV also announced its presentation team for the… Continue reading Sport Leads The Way For New ITV Schedule
Marketing information company Taylor Nelson AGB today announced that its operating profit for 1997 was £12 million, a 40% increase on 1996’s £8.6 million. The merger with French information group Sofres, which created the world’s fourth largest market research company (subscribers see Taylor Nelson Buys French Rival), has helped lift Taylor Nelson’s performance in the… Continue reading Taylor Nelson Operating Profits Up 40%
