Capital Radio has announced results for the 6-months to March; pre-tax profits were up 52% to £12.7m. Richard Eyre, managing director, credited structural changes in the way the company attracts advertisers, particularly through providing a single point of purchase for Capital’s 11 stations.
The ITC has awarded the local delivery licence for Northern Ireland to CableTel Northern Ireland Ltd. CableTel submitted the highest of the four bids for the franchise, £14.42 million.CableTel also controls cable operations in Greater Glasgown, South Wales, West Surrey and East Hampshire, Hertfordshire and Yorkshire. This will make it the fourth largest UK cable… Continue reading CableTel Wins Northern Ireland Franchise
Conrad Black, the Canadian publisher has withdrawn his offer to buy the rest of the Telegraph shares which he originally announced in February. Mr Black was to purchase the 41.5% of shares which he does not already own.The surprise move came after the board of independent Telegraph directors rejected an offer from American Publishing of… Continue reading Telegraph Shares
Responding to Michael Grade’s latest comments on the Channel 4 funding arrangements, the Chairman of ITV, Leslie Hill, said: “There is no ‘black hole’ in ITV’s spending as Michael Grade alleges”.“ITV’s network budget for 1993 was £514 million. It has grown every year: £530m for 1994, £550m in 1995 and has been approved at £570m… Continue reading Spending Criticisms – ITV Responds
A new monthly music, sport and film title which is being described by its publisher as a British version of Rolling Stone is to be launched next month by European Business Communications, and will be their first publication.Ikon is scheduled to launch on 27th July, with an initial print run of 150,000 and a special… Continue reading New Consumer Title
CableTel is considering floating on the London Stock Exchange this year. Mr Barclay Knapp, president of the Nasdaq quoted company, said a London listing was “under active consideration” after the flotation of the company in the US.CableTel, with cable interests in Glasgow, West Yorkshire, Guildford and Cardiff recently raised $315m (£201m) before expenses, through two… Continue reading CableTel Considering UK Flotation
Last week saw the launch of a new cricketing monthly by contract publisher Mediamark. Third Man is being billed as a hard hitting, broadsheet style magazine which deals with all the issues at the cutting edge of cricket.With a cover price of £2.20 and an initial print run of 65,000, it is aimed at 21-35… Continue reading New Cricketing Magazine
Future Publishing is to launch a science fiction magazine next week. SFX, a monthly title available from 23rd May will focus on all aspects of science fiction including comics, films, TV and books. It has a cover price of £3.00 and an initial print run of 50,000.Mono page rate is £1117; Colour page rate is… Continue reading New Sci-Fi Title
QualitiesAmong the quality titles, the Times fared best in April, in terms of its monthly ABC, up 31.7% year on year to 630,270; its 6-monthly figure was up 35% to 621,539. The Independent recorded the next highest increase year on year among the quality dailies, with its best monthly figure since February 1994, up 7.4%… Continue reading National Press Round-Up – April
ITV companies are not spending the amounts of money which they promised to on programming, when they bid for their licences according to Channel 4 chief executive Michael Grade.Mr Grade has written to Mr Leslie Hill, Chairman of the ITV council, complaining of a “black hole” in ITV spending plans at a time when the… Continue reading Grade And IPA Attack ITV Spending
