Flextech, Britain’s only quoted cable and satellite TV company, reported pre- tax losses of £6.6m in 1993. Flextech has recently taken a 20% stake in HTV. Roger Luard, managing director said, “The results are academic in the sense that our circumstances have been transformed.” Flextech has merged with United Artists European Holdings.
Westminster Press has launched three weekly newspapers in northwest Yorkshire; The Craven Star, Ilkley Star and Wharfedale Star. Each title will have a pagination of 42, with the combined circulation being 45,000.NOTTINGHAM POST TO BE SOLD FOR £80MThe Nottingham Evening Post is to be sold for more than £80m, according to Media Week sources. The… Continue reading New Yorkshire Titles
John Smith, Labour leader has died this morning after suffering a major heart attack at his London flat. He was 55. Mr Smith was taken to hospital but resuscitation attempts were unsuccessful. He was pronounced dead at 9.15am.He suffered a major heart attack in 1988, but he appeared to have made a complete recovery.
Omnicom has acquired a 75% stake in Premier Magazines, the contract publisher of British Airway’s magazine, High-Life.
Any early lifting of the ban on BT carrying entertainment over its network was ruled out yesterday. Patrick McLoughlin, communications minister, told the Commons trade and industry committee that “Any premature review of that policy would have a devastating impact on the investment of the cable companies.” At present the ban on BT providing entertainment… Continue reading Ban On TV Via Phone To Stay
Acme Media has changed its name to Equinox Communications. The company will continue to plan and buy media, but will also offer clients a marketing service. Simon Mathews, chief executive of Equinox has appointed Dave Hughes, former head of planning at Y&R, as a director of the agency.JELFS LEAVES BBJColin Jelfs, a founding partner of… Continue reading Acme Becomes Equinox
There are plans to launch a new business daily newspaper to rival the Financial Times, according to a report in today’s Independent.The plan is the idea of the city editor of the Mail on Sunday, Clive Wolman. At the moment he is approaching publishing groups to back the paper; those believed to have been approached… Continue reading Business Daily To Rival FT
MTV Europe is likely to become encrypted in the first quarter of next year. After a promotional period of around three months, MTV’s Astra feed will be encrypted in both of the common VideoCrypt variants and will be made available to subscribers through Sky’s Multi-channel package and the MultiChoice packages, although MTV claims no firm… Continue reading MTV Europe To Become Encrypted
Today at the IPA a discussion was instigated by Roger Holland of JICREG into the desirability and inherent difficulties of achieving an agreed source of population data for use across TV,radio and regional press analysis.Richard Webber of research company CCN stated that his company was keen to address the concerns of his clients over conflicting… Continue reading Universal Universes
Maurice Saatchi, speaking last night to women advertising executives in London, said that the advertising industry should end “vague, sloppy thinking” and get back to “Simple and direct” messages.He described an industry lacking a sense of direction; “The advertising industry now is more lacking in self-confidence, self-worth, than at any time I can remember”, he… Continue reading Saatchi Calls Industry Sloppy
