LWT has released its final defence document in which it predicts pre-tax profits of £43.8m, an increase of 43% on 1992, much higher than analysts had expected. This was attributed to a 3.8% increase in advertising revenue and lower costs. These figures do not include however the costs of defending the offer from Granada.The document,… Continue reading LWT Defence Document
Southern Newspaper’s Southern Evening Echo has changed its name to the title it launched with in 1888, the Southern Daily Echo. The Echo is also increasing its editorial by including more supplementsWednesdays will have a lifestyle supplement called Living, Fridays will have a “what’s on guide” with a seven day television listings guide, as well… Continue reading Southern Evening Echo Revamp
The Royal Shakespeare Company has announced a new sponsorship deal with the international food and drink group, Allied Lyons.Allied Lyons will sponsor the RSC for the next three years in a deal worth £3.3m. It is the biggest arts sponsorship deal in Britain, and has saved the RSC from having to pull out from its… Continue reading RSC In Biggest Arts Sponsorship
Emap’s Carweek has announced that it is to reduce its size and revamp its second section two weeks after sales figures were revealed as disappointing. Average circulation for August to October was 80,229, nearly 20,000 short of the 100,000 sales target. (Newsline 30/12)Carweek will reduce its tabloid format so that it will fit on newsagent’s… Continue reading Carweek – To Reduce Size
Over the weekend Granada sent LWT shareholders a letter reminding them that LWT’s share price is likely to drop if their offer is rejected.Sir Christopher Bland, LWT chairman, urged shareholders to ignore the tactic and await this week’s profit estimate.The profit forecast is expected to reveal that 1993 profits have jumped 30% to £40m, but… Continue reading Granada On Attack
This Saturday the Telegraph launched a revamped Magazine and listings section, and a new Arts & Books section.The TV and Radio guide is a loose insert within the magazine; it is now in full colour and slightly smaller than A4 size. It offers a very concise easy to read guide, with only 2 of its… Continue reading Revamped Saturday Telegraph – Review
Reuters is to take over the production of the first hour of GMTV’s programming between 6am and 7am.Reuters already supplies the news bulletins for GMTV; the revamp of output will make use of Reuter’s news resources to expand news coverage with more news features.Anchor presenters will be Michael Wilson and Penny Smith, the current news… Continue reading More News For GMTV
The Sun Newspaper is today halving its already slashed cover price to 10p. In the latest Price War move, the Sun is offering readers the chance to pay only 10p in order to promote its Bingo Competition.The offer has been heavily advertised over the weekend on television and today takes over the front cover. The… Continue reading Sun In Further Price War
The ITC today publishes revisions to the Public Teletext Code, to take immediate effect.The ITC has lifted the restriction on the amount of advertising carried in advertising multi-pages, because this will not disadvantage viewers in either access to editorial pages or speed of viewing.There are no significant changes to the rules governing editorial material.ITC 071… Continue reading ITC Publishes Revised Teletext Code
MAI Group, which holds a 61% stake in Meridian, is believed to be planning a joint bid with Ladbrokes to run the National Lottery. An announcement is expected on Monday.There is wide-spread media interest in the National Lottery because of the fierce competition to televise it. Estimates are that a live draw could attract an… Continue reading Media Owners In Bids For Lottery
