Following complaints from Channel 4, Meridian have been reprimanded by the Independent Television Committee over the rules on cross-promotions. Channel 4 complained to the ITC regarding Meridian’s refusal to screen promotions of Four Weddings and a Funeral. Meridian said the promotion was for a programme containing bad language and was planned to be screened at… Continue reading Meridian In Four Weddings Complaint
The BBC and Flextech TV announced that preliminary talks for a possible joint venture are taking place. A spokesperson from the BBC said: “Preliminary talks are being held with Flextech on the basis of the BBC’s future plans for digital broadcasting *(BBC Restructure to Address the Digital Age). Nothing has been finalised and talks with… Continue reading BBC And Flextech In Possible Joint Venture
Lehman Brothers International have issued a confidential Information Memorandum to registrars interested in the Home Service and World Service Transmission areas of the BBC. The memorandum describes the businesses for sale, proposed terms of sale and key investment considerations for the Transmission arm, which deals with the development and delivery of broadcasting services.Bob Phillis, deputy… Continue reading Transmission Sale Issued For BBC
CLT UK Radio is to take a 20% stake in New Wave Broadcasting’ s bid to win an East Sussex area option licence. The licence covers the Brighton & Hove Albion area and will soon be advertised by the Radio Authority in September.CLT, owners of Talk Radio and Atlantic 252, have a 20% stake in… Continue reading CLT Interested In East Sussex Licence
General Cable PLC reported an increase in losses from £ 8.7 million in 1995 to £11.7 million in June 1996. Depreciation charges and increased interest were the main factors accounting for this. The interim results published today also reported that 26% of revenue came from business telecommunications, 43 % from residential telephony and 31% from… Continue reading General Cable Increase Losses
QualitiesThe Times and the FT performed the best among the daily quality newspapers in July, while The Independent suffered the biggest loss. The Times‘s circulation was up 14.94% on July last year to over 753,000 copies, with the FT‘s circulation rising 4.54% year-on-year to 297,194. The Independent‘s circulation dropped by over 31,000 copies (or 10.41%)… Continue reading National Press Round-Up – July
CIA Group, Europe’s second largest independent media buyer, has announced record interim results for the six months to 30 June 1996. Turnover was £379m, up 56% on last year, and pre-tax profits soared by 103% to £3.4m – reflecting record new business wins in 1995 which included Lloyds/TSB in the UK and Shell, Wrangler and… Continue reading CIA Announces Record Results
Liz Watkinson, associate publisher of IPC Magazines’ TV Weeklies, has been promoted to publisher of Chat, Woman’s Realm and Woman’s Weekly. This follows the appointment of Jenny Noon to become publisher of IPC Australia. Liz Watkinson has previously worked in the marketing departments of TV Times and the SouthBank Publishing Group.IPC: 0171 261 6575
WPP Group has today reported interim results which show pre-tax profits rising 40% to £68.1 million and revenue increasing by 12.7% to £833.2m from £739.4m.The UK businesses accounted for 19% of the Group’s total global revenue and revenue growth in this market was 3%, the lowest of all WPP’s regions. The Asia Pacific region’s revenue… Continue reading WPP Reports Strong Growth
On the whole it was a quiet week for media shares. The ITV companies have now steadied their prices and takeover talk has, for the moment, subsided. Pearson, on the news of its sale of Westminster Press to Newsquest *(Newsline 05/08), rose 19p to 630p, but the main development last week was speculation that Reed… Continue reading Sharewatch W/E 9/8/96
