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Pre-tax profits of Home Counties Newspapers fell from £863,000 to £459,000 in the year to end-December. Turnover was up from £22.9m to £24m.

Southwestern Bell, the US regional telecomms group, yesterday announced it was abandoning a plan to form a $4.9bn cable TV partnership with Cox Enterprises the privately-owned media group. This is the second large link-up between a US cable company and a telephone group to be abandoned this year. Bell Atlantic and Tele-Communications Inc. dropped their… Continue reading US Telephone/Cable TV Link Up Abandoned

The BBC is to introduce a monthly direct debit system for paying the licence fee. The budget plan will allow viewers to spread the £84.50 annual cost by paying £7 a month.

The board of Saatchi and Saatchi has decided that both chairman and chief executive, Maurice Saatchi and Charles Scott, are to stay in their jobs.In recent weeks there were open hostilities between the two men and it looked increasingly likely that one of them would have to leave.MEDIA RESEARCH SHOP MOVEThe Media Research Shop has… Continue reading Saatchi Chiefs To Stay

Weekend press reports that Peter Brooke intends to move the 9pm watershed to 10pm are groundless, the Department of National Heritage has told MediaTel this morning.The Heritage Secretary is to meet media regulators in the near future to discuss violence on television, but the moving of the 9pm watershed is not on the agenda.Currently the… Continue reading Watershed Likley To Remain

Auto Express ad manager Sue Prue has left to join Complete Car as key accounts manager, working alongside ad manager Jessica Trace.

The Design Council is to suspend publication of its monthly Design in May, following a restructure of the government-funded organisation. The Design Council is to scale down its commercial activities. Design may well be launched at the end of the year on a non-commercial basis.Construction Weekly from Morgan Grampian has been bought and closed by… Continue reading Magazine Closures

Capital Radio has increased its hold within the commercial radio sector with an agreed £32.6m takeover of Southern Radio. Capital has already received irrevocable undertakings covering 55.9% of the Southern shares.The deal is 115p in cash for each share of Southern. The Southern group was formed in 1991 by the merger of Invicta Sound and… Continue reading Capital Radio Expansion

Johnston Press, the Edinburgh-based local newspaper group, is to acquire the Halifax Courier group for £29.4m. Fred Johnston, chairman, said the acquisition was in line with the group’s strategy of extending its geographical coverage by acquiring titles which are local market leaders.Johnston Press also announced results for the 1993. Pre-tax profits were up by 28%… Continue reading Johnston Press Buys Courier Group

Jazz FM has signed up two new sponsors; Budweiser is to sponsor the new rhythm and blues chart show. The chart goes out on Sunday evenings. Lufthansa has also been signed up as a sponsor for Jazz FM’s weather reports. The two deals together are worth around £100,000.GRAMPIAN TELEVISION’S SPARKLING SPONSORGrampian Television’s golden age show… Continue reading Jazz FM Sponsors