Following last week’s revelation that Thomson Regional Newspapers is planning to counteract the effects of the recession by selling off one fifth of its free titles, it has now emerged that Midland Independent Newspapers is showing interest in purchasing the company’s Herald & Post papers.Although the group has yet to reach an agreement as to… Continue reading MIN Shows Interest In TRN Titles
The Carlton-led consortium bidding for ITN has announced that it may withdraw its offer if it cannot get the freehold on ITN’s £100m headquarters. The news suppliers are currently losing up to £6m a year on the 35-year lease.
The Independent Radio and Television Commission has agreed to allow the merger of two regional radio stations in the south of Ireland, putting Shannonside Radio and Northern Sound Radio under the umbrella of Midland Radio Group Ltd.The group consists of the original shareholders from both stations and they will operate from their present bases. Shannonside… Continue reading Irish Radio In Joint Venture
The Independent Radio and Television Commission has agreed to allow the merger of two regional radio stations in the south of Ireland, putting Shannonside Radio and Northern Sound Radio under the umbrella of Midland Radio Group Ltd.The group consists of the original shareholders from both stations and they will operate from their present bases. Shannonside… Continue reading Irish Radio In Joint Venture
Chief executive of Mirror Group Newspapers, David Montgomery, has given his word to the four banks backing the newspaper group that the Daily Mirror will keep its left stance and that he will no longer interfere in editorial matters which could shift the paper politically.NatWest, the group’s largest shareholder, fears that a change in stance… Continue reading Montgomery Promises Left Stance
The Radio Authority has re-advertised the ILR FM and AM licences for Peterborough currently held by Hereward Radio, part of Mid Anglia Radio. The closing date for applications is May 4 1993 and the new licences take effect from January 1995.Following the re-advertisement of the FM and AM licences for Southend and Chelmsford, the only… Continue reading IR Licences
The ITC has demanded that Teletext UK, the ITV teletext service which replaced Oracle at the beginning of the year, does more to improve the service it offers. Thousands of complaints have been lodged by viewers with regard to missing pages, insufficient news, religious and regional pages, plus the fact that the service has not… Continue reading Teletext Warned For Second Time
Shareholders of Pearson and Granada Group have endorsed the agreed deal to buy part of a 3.66% holding in BskyB from Reed International (Newline 10/2).
Gold Greenlees Trott is to raise £14.7m through a rights issue of new Ordinary Shares at 235p per share. The group plans to use the proceeds to fund acquisitions which will build upon its existing businesses in the UK and US.The rights issue will be offered to shareholders on the basis of 1 new Ordinary… Continue reading GGT Rights Issue
As part of its 30th anniversary, next week, BBC Wildlife magazine is set to be revamped.Changes to the magazine include a new presentation aimed at highlighting the news-based, campaigning elements of the magazine.
