CLT, the European media group, has made a recommended takeover bid for Chiltern Radio, valuing the company at £16.9m. CLT currently owns 80% of Atlantic 252 and was a former owner of the now deceased Radio Luxembourg. A takeover bid for Chiltern has been expected for some time, although Capital Radio or the Daily Mail… Continue reading CLT Bids For Chiltern
The Department of Trade and Industry is expected to announce its decision on the future of the Time Exchange and Laser before the end of the month. The Office of Fair Trading this week passed on to the DTI its recommendations on Granada’s sales operation.
HTV chairman, Louis Sherwood, has attacked the Government and current broadcasting legislation for allowing ITV to fall into the “hands of a few would-be global media barons.” Sherwood denounced the idea that ITV needs to comprise of one or two large companies in order to export programmes successfully around the world and called for a… Continue reading HTV Attacks Broadcast Laws
CIA has reorganised its main media division and created a new unit called CIA MediaLab to act as an ideas hotshop for clients. The unit will be run by Marco Rimini and Graeme Hutton. Anthony Jones, currently a media research manager at BSB Dorland, has been appointed to manage MediaLab on a day-to-day basis. Jones… Continue reading CIA Restructure
Bill Patterson is to become chief executive of Lansdown Conquest in mid July, moving from O&M Media, where he is managing director. Patterson will be responsible for building a third international network for the WPP Group, alongside O&M and JWT.
National Magazines has revealed that its new women’s magazine is to be called Zest and that the first issue will appear in October with a print run of 300,000. It will be a health and beauty title aimed at ABC1 20-40 year olds.The new magazine is being launched off the back of Cosmopolitan, which has… Continue reading Nat Mags Launch Details
The Chiltern Radio group has achieved a pre-tax profit of £10,000, this compared to a loss of £0.33m last year. Turnover fell slightly from £2.75m to £2.73m .
Advertising expenditure reached £9bn last year, according to figures released this week by the Advertising Association. The figures show a total advertising expenditure of £9,155m last year, an increase of 3.3% on 1992.Radio expenditure grew at the highest rate last year, up by 23.6% to £194m. The increase can be attributed to the success of… Continue reading Ad Expenditure Reaches £9bn
The May newspaper ABC figures are expected to show the Times recording its highest ever circulation figure. The full ABC figures for December to May will be available on MediaTel on Friday afternoon.IOS & GUARDIAN SUPPLEMENTSBoth the Independent on Sunday and the Guardian are to carry World Cup supplements sponsored by Guinness.INDEPENDENT APPOINTMENTThe Independent has… Continue reading Times Expects Highest Ever ABC
Michael Grade has proposed an alliance between Channel 4 and the BBC to strengthen their position against ITV and the satellite broadcasters. Addressing the Broadcasting Press Guild in London yesterday, Grade suggested that C4 and the BBC jointly make and produce programmes and buy in programmes from Hollywood. C4 has tried unsuccessfully to enter into… Continue reading C4 Proposes Link Up With BBC
