Granada’s bid for LWT has been frozen while the Office of Fair Trading decides whether to refer the bid for a monopolies investigation.Granada requested the move, to discover any changes which would have to be made before improving its offer.Granada says its group will consider selling its 50% stake in The Time Exchange to Scottish… Continue reading Granada Bid For LWT Frozen
Videotron, the Canadian owned cable television company has offered free off-peak calls to residential customers.The offer will be limited to calls among Videotron customers in the inner London and Hampshire franchise areas. At present the company has only 32,000 residential subscribers but expects the free call offer will encourage a rapid switch from BT.
The ITC has issued its consultation document which seeks comments from interested parties regarding the current policy which includes a limit on ITV sales arrangements to no more than 25% of regional Channel 3 revenue.The ITC particularly welcomes comments on the following matters: Keeping the current 25% revenue ruling. Keeping a 25% criterion but the… Continue reading ITC Consultation On Sales Concentration
Classic FM has restructured its sales operation because of increased on-air demand.Mark Regan has been promoted to the new position of Sales Controller; Nick Solari has been appointed Sales Manager of the Agency Division and David Charlesworth has been made Client Manager of the Client Division.Commenting on the restructure, Nigel Reeves, Sales Director at Classic… Continue reading Classic FM Restructures Sales
The MRG Annual General Meeting is to be held on 2 February at the IPA, followed by an evening meeting, “Average Issue Readership: There is Something Wrong”.The paper was presented by Neil Shepherd-Smith of Telmar at the MRG Conference in Amsterdam, where it was awarded best paper. A response to the paper will be presented… Continue reading MRG Meeting
Promotions Manager of the Sun, Toby Constantine, has told MediaTel that according to their own figures, the one-off price cut on Monday 10 January of 10 pence may have increased sales on the day by 800,000 copies.
The Rank Organisation has announced annual pre-tax profits of £276.6m. Film and television’s input rose 62% from £22m to £35.7m. This increase was attributed to improved profitability in film processing.Admissions to Odeon cinemas rose by 10%, largely because of Jurassic Park. Rank were unable to increase admission prices because of strong competition.
According to Raymond Snoddy in today’s Financial Times, LWT is in talks with a North American group which is proposing to take a stake of slightly less than 30% in LWT. It is believed that the American group would hold the stock for a short time, to allow LWT to line up an international media… Continue reading LWT In Talks With American Group
Mojo, the rock magazine from Emap Metro which launched in October 1993 has reported estimated first issue sales of 48,000. This is better than the initial sales target of 45,000.Mojo: Ad manager Julian Booth. 071 436 1515.
Europress Publications is launching a new computer title, aimed at the growing multi-media market. The monthly title will launch on 24 March with a cover price of £4.95.Multimedia World will concentrate specifically on PC based CD Rom technology, with news on the latest technology, tests, reviews and general consumer information. Each issue will have a… Continue reading New Multimedia Magazine
