The Board of the Observer has given its backing to the Guardian and Manchester Evening News’s offer to buy the paper. Following a two-hour meeting at the Observer’s headquarters in Battersea directors confirmed the deal, which is believed to value the Sunday newspaper at around £27m. If everything goes according to plan the Guardian will… Continue reading Observer Sale Backed By Board
The Press Complaints Commission will be made up of non-press members and a complaints hot-line may be set up for readers if the newspaper industry takes on the self-regulation guidelines issued by the Press Standards Board of Finance (PRESSBOF) yesterday.The body, which finances the Press Complaints Commission, stated that it was easier for newspapers to… Continue reading Press Body Announces Privacy Plans
In a report launched yesterday by the chief executive of London Weekend Television, Greg Dyke, the Independent Television Association gave its response to the Government’s green paper on the future of the BBC. The report expressed fears that British television is losing its international reputation for quality because of an abundance of imported American programmes.The… Continue reading ITV Answers BBC Future Debate
Figures on new installations of satellite TV dishes compiled by Continental Research will be released on a quarterly basis in future instead of the previous monthly issues. The research company has stated that “growth in the market is now quite small”, averaging at fewer than 50,000 sales and rentals a month.Continental Research: 071 490 5944
The latest RAJAR figures released this weekend have reinforced the initial success achieved by Classic FM, with the station increasing its weekly reach from 9% to 10%. The data for January to March’93 shows the national station increasing its weekly audience from the 4.26m recorded in the last quarter of 1992 to 4.49m.Commenting on the… Continue reading RAJAR 1993 – 1st Quarter
A report entitled “The Value of The Business Press” was examined this morning by three speakers at the Periodical Publishers Association Conference – Magazines ’93 – indicating the crucial role played by business and professional magazines in all stages of the buying process. The report, put together by Clive Foskett of The Builder Group and… Continue reading Magazines ’93 – PPA Conference
The latest RAJAR figures released this weekend have reinforced the initial success achieved by Classic FM, with the station increasing its weekly reach from 9% to 10%. The data for January to March’93 shows the national station increasing its weekly audience from the 4.26m recorded in the last quarter of 1992 to 4.49m.Commenting on the… Continue reading RAJAR 1993 – 1st Quarter
A 2.4% stake in Newspaper Publishing has been sold to an unknown bidder, a share originally owned by Robert Maxwell. The remainder of his stake – 3.5% – is also due to be sold shortly.
Mirror Group Newspapers is to move out of its Holborn Circus headquarters after the owners rejected a bid by the newspaper group to buy it. Three alternatives are being considered including Canary Wharf and the Ark in Hammersmith.
Publisher of the Financial Times, the Pearson Group, is interested in buying a stake in Hong Kong-based station, Star TV, having just taken over London company, Thames Television.
