Bristol based radio group GWR has launched a £3.5 million bid for Mid Anglia Radio. This offer, in cash or shares, is significantly higher than the bid put in by East Anglia Radio last week.GWR has already received acceptances for its offer from holders of 50.46% of Mid Anglia’s shares. If successful, the bid would… Continue reading GWR Bids For Mid Anglia Radio
Classic FM has this week launched Japan Week 1994; the week long project which concentrates on Japanese life and culture, is sponsored by four companies. Baring Asset Management is sponsoring the weekday lunchtime slot; Shiseido is sponsoring a series of concerts; the Kikkoman Corporation is sponsoring the recipe slot and Japan Airlines have arranged travel… Continue reading Classic Launches Japan Week
Up to three directors of Aegis are expected to depart in the next few months following growing shareholder pressure; the news comes as the company is expected to announce write-offs of at least £40m in its 1993 results, due on Thursday. There is expected to be a one-off charge for the restructuring arranged with Warburg… Continue reading Aegis Directors Expected To Quit
The Observer yesterday launched its revamped Life magazine, which is a merger with the previous Life and Observer magazine. The magazine remains the same size and style as the previous Life magazine – tabloid in full colour. The first issues come with a heavily promoted feature on censorship which is a separate pull-out A4 size… Continue reading Observer Gets New Life
T. Bailey Forman, the regional publisher is prepared to sell its stable of Midlands-based newspapers, including the Nottingham Evening Post and the weekly Long Eaton Advertiser.The family-owned company is said to have received a number of offers for all or parts of the group from potential bidders. If none of the offers are considered “exceptional”,… Continue reading Nottingham Papers Up For Sale
Cinema admissions reached a new high in February with average weekly admissions rising to 3.2 million, an increase of 32.9% on 1993. The major new films in February were Philadelphia and Schindler’s List.This is the second time that weekly admissions have risen above the 3 million mark in the last 12 months. In August the… Continue reading February Cinema Admissions
BT is the first client to fully integrate a sponsorship sequence with the programme’s opening credits since the change in the Sponsorship Code on 1 January. The new series of Surprise Surprise sponsored by BT began last night. The strapline “Bringing people together” is used in the credits.LOTTERY FAVOURITESAccording to today’s FT, the two favourite… Continue reading BT First For Integrated Credits
Tony O’Reilly has decided to keep his large minority stake (29.9%) in Newspaper Publishing, owner of the Independent and Independent on Sunday.The Irish company could have made a £1m profit today if it had decided to accept the offer for the shares made by the consortium which controls the Independent now. Liam Healy, chief executive… Continue reading O’Reilly Will Retain Independent Stake
According to the annual Advertiser Opinions on Media survey by Media Audits, advertisers believe that mergers of ITV contractors actually work against their interests. The majority (85%) of advertisers surveyed feel that ITV mergers are not in the advertisers’ interest. 70% believe that the television airtime sales market should be referred to the Monopolies and… Continue reading Advertisers Opposed To ITV Mergers
ITV has issued a statement with regard to the rescheduling of Monday nights as a response to the third episode of Eastenders. There was much made in the national press of the decision to abandon World In Action in favour of a higher ratings puller, and caused speculation that the show would be totally axed… Continue reading World In Action Not Doomed
