Granada’s announcement on Friday that it was not interested in acquiring YTTV while its price was so high sent the Yorkshire broadcaster’s shareprice tumbling. It fell over 100p from 1280p to 1162.5p while Granada lost 17p to reach 956.5p. BZW’s buy of 19.5 million BSkyB shares from Pearson, Granada and Pathe did not seriously affect… Continue reading Sharewatch – W/E 14/03/97
Sky Television has now confirmed that it has won the rights to rugby union’s European Cup for the next five years. This gives Sky more live coverage of the game than any other UK broadcaster. Sky has been interested in acquiring rights to the coverage after ITV pulled out of a deal last year *BSkyB… Continue reading Sky Win Rugby Rights
President Clinton has called upon broadcasters to provide free advertising time for political campaigners. He blamed the TV industry for inflating the cost of fighting elections, saying that candidates spent $400 million on commercials in 1996, against $25 million in 1972. The initiative provided a focus for discussion among several US Congressmen at the American… Continue reading US: Clinton Asks For Free Advertising
It has been widely reported that Granada is to make a takeover bid for YTTV some time in the very near future. However, Granada has now indicated that it would not be making any moves in this direction for at least three months.YTTV released its final results on *Profits Soar For Yorkshire Tyne Tees. Its… Continue reading Granada Not So Keen On YTTV
On 13 March the Council of Ministers responsible for the Internal Market achieved a Common Position on a modification of rules on the labelling, presentation and advertising of dietary foodstuffs (Directive 89/398/EEC). A compromise proposal from the Dutch Presidency was supported by all except the UK representative. The proposal included foods aimed at sportsmen and… Continue reading EU: Common Position On Food Labelling
The Independent Television Commission has announced that Channel 5 will be allowed to begin broadcasting on 30 March because it is satisfied that at least 90% of relevant homes have been retuned.The decision has been taken on the basis of both door to door house calls undertaken by C5 and the results of test transmissions… Continue reading ITC Satisfied With C5 Retune
United News & Media, reporting its first full year results since its merger with MAI in February last year *United News & Media Merge With MAI, has reported a 12% increase in profits to reach £290.2 million. This is on the back of turnover up from £1.801bn to £1.917bn.1996 was a strong year for the… Continue reading UNM Profits Up 12%
The Independent will be celebrating St Patrick’s day by giving a way a cover-mounted CD of Irish music. 100,000 CD’s are being distributed in the Capital; they will appear on the front of copies of Saturday’s Eye and are being sponsored by Guiness.The Independent: 0171 345 2000
A cut-price Manchester Evening News has added around 50,000 sales each week, the newspaper is claiming.Since the end of last year the newspaper has been slashing the price of its Friday edition from 30p to 10p and it is rumoured that the cut will be extended to another day of the week.Although the paper has… Continue reading Manchester Evening News Claims Sales Success
