Anglo-Dutch information group Reed Elsevier has released details of a merger deal with Dutch publishers Wolters Kluwer. The new group is valued at £17.5bn and will be the world’s largest scientific publishing and information group with sales in 1996 of more than £5bn. News of the merger caused shares in all three companies (Reed International,… Continue reading Reed Elsevier To Merge With Dutch Rival
The battle of the breakfast shows (see yesterday’s Evans And Beamish) appears to have been won by Chris Evans, according to reviews in today’s papers. The Daily Telegraph comes out in strongest criticism of the new Radio 1 duo of Zoe Ball and Kevin Greening, saying that their show sounded as if they didn’t really… Continue reading Evans Seen To Triumph
The Periodical Publishers Association has registered their Website (http://www.ppa.co.uk) for an ABC //electronic audit. The site features weekly news, industry comment and links to other member magazine sites.Periodical Publishers Association: 0171 404 4166ABC //electronic: 01442 870 800
Chris Evans’ Virgin Radio breakfast show, which launched this morning, is being sponsored by Beamish Red. Kellogg’s, who were to be sponsors of the Russ ‘n’ Jono show which Evans replaced, pulled out of the deal after hearing that Russ ‘n’ Jono had been dropped. Over on BBC Radio 1 , Zoe Ball and Kevin… Continue reading Evans And Beamish
The local newspaper group Adscene has launched the Canterbury Times , a new weekly newspaper. 26,000 copies of the paper went on sale at 25p, competing against the existing Kentish Gazette . The Canterbury Times follows a recent trend in the comeback of local and regional newspapers. The Newspaper Society reported that more than half… Continue reading Adscene Launch Canterbury Times
Pearson was the focus of much attention last week, reaching a high of 824p on Tuesday before falling to 799p by Friday. On Tuesday the rumour-mill predicted that the media group would sell its stake in BSkyB or its share in Lazards. This, together with positive reports from NatWest Securities, helped Pearson rise 25.5 to… Continue reading Sharewatch W/E 10/10/97
Monday The battle of the breakfast shows began in earnest this morning with Chris Evans taking the helm at the Virgin morning slot and Zoe Ball and Kevin Greening beginning their contract on BBC Radio 1.Wednesday The Channel 5 teletext service launches. The service, provided by BSkyB , will provide mainly travel and holiday information.Also… Continue reading The Week Ahead
The Secretary of State for Trade and Industry has decided not to recommend MAID’s takeover of Knight-Ridder to the Monopolies and Mergers Commission.MAID will now push on with finalising the £261m deal (subscribers see Maid Acquisition To Go Ahead).MAID: 0171 930 6900
Canadian television company CanWest Global Communications has announced that its subsidiary CanWest International has increased its stake in Ulster TV by 2.7 per cent to 7.4 per cent. CanWest International says that it may increase its stake further in the future. Although CanWest cannot take control of Ulster TV outright due to UK ownership legislation,… Continue reading Canwest Increases Stake In Ulster TV
Finance company Merrill Lynch have projected that the launch of British Digital Broadcasting (BDB) and ITV2 will cut into Carlton Communications Plc ‘ profits for the next two years. Merrill Lynch predict that the launch of ITV2 will cost £20m in its first year, of which Carlton’s share will be around £7m. The cost of… Continue reading Launch Of Digital TV Will Hit Carlton’s Profits
