The PPA’s Magazines Conference ’97 takes place in London today and tomorrow and Newsline will be reporting on both day’s events. Reports will appear later this week.Tomorrow also sees BSkyB reporting interim financial figures and the new Attic Futura title B launches. A review of B will be featured on Newsline this week.Also appearing on… Continue reading The Week Ahead
Capital Radio has today announced a 9% increase in pre-tax profits, up from £15.6 million to £17 million. Turnover was up 41% from £38.1m to £53.9m.The announcement coincides with news that Capital is to buy Virgin Radio (see today’s News).Capital Radio: 0171 766 6000
The Sunday Telegraph increased its cover-price at the weekend by 10p to 80p. Rival newspapers such as the Guardian and Times said that the move was due to the debts incurred as a result of the Telegraph’s subscription offers. It is said that while some new readers were attracted to the offer, a lot of… Continue reading Sunday Telegraph Increases Cover-Price
(Updated since 9:54am)Capital Radio announced this morning that it has bought Virgin Radio for £64.7 million in a merger which will create a powerful new force in the UK commercial radio market.While relinquishing overall control of its station, the Virgin Group will take a 14% share of the new Capital Radio group and Richard Branson… Continue reading Capital Buys Virgin Radio
Revenue Agency estimates put terrestrial TV revenue for March at £192.070m, which is an increase of 5.83% on the previous year. Of this, ITV brought in £148.070m (up 10.05%) and Channel 4 £44m (up 11.39%). This puts the ITV:C4 ratio at 77:23. GMTV’s revenue was put at £6.4m, up 6.3%, and total cable/satellite reached £17m.Among… Continue reading TV Round-Up – March
The board of Cordiant has announced the appointment of Kevin Roberts as chief executive of Saatchi & Saatchi Advertising Worldwide.Roberts, 47, will take over from Ed Wax on 21 May. Mr Wax will relinquish his position as chief executive but will remain as chairman until the end of the year. From January 1998 he will… Continue reading New Chief Executive For Saatchi
Michael Jackson, the controller of BBC1, has been appointed as chief executive of Channel 4. The 39-year old will replace Michael Grade on June 1. Jackson had been at BBC1 for 10 years.Channel 4: 0171 396 4444
Gordon Brown, the new Chancellor, today raised interest rates by 0.25% to 6.25%.
Tube travellers will be the first to see Carlton Food Network’s latest advertising campaign. From next week, selected train carriages will carry adverts for the food channel. This will be followed by a campaign in the women’s press.…Carlton Food Network has been nominated for three awards in the Broadcast Design Association’s competition. The winners of… Continue reading Carlton Goes To The Tube
Daily Quality Market Among the quality titles, The Telegraph has managed to maintain its position at the top of the league. It has increased its sales to 1,136,857, but it has seen a slight drop in sales month-on-month losing 2,926 sales in this period. The Times has suffered a massive drop month-on-month losing 27,791 in… Continue reading National Press Round-Up – April
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