Reed International has today confirmed that it is in discussionwith the three other principle shareholders in BSB Holdings – Pearson , Chargeurs and Granada – with a view to selling them its indirect 4% interest in BSkyB. The negotiations have arisen in connection with the re-financing of the £450m Guaranteed Loan Facility which certain of… Continue reading Reed Confirms BSB Share Sale
Bram Stoker’s Dracula, which opened nationally last Friday, took £2.64m at the box office in its first 3 days. It is unclear if it has actually broken box office records. In 1989 Batman took £2.7m but this included previews.The cinema industry ended 1993 on a high note with a massive year-on-year increase in admissions in… Continue reading Dracula A Box Office Hit
The ITC is to launch a study into whether additional frequencies might be used for Channel 5 , following its decision in December not to award the licence to Thames, the only bidder.The review will look at the possibility of using frequencies previously rejected because they did not provide the national coverage which was originally… Continue reading Technical Review For Channel 5
Reed International has today confirmed that it is in discussionwith the three other principle shareholders in BSB Holdings – Pearson , Chargeurs and Granada – with a view to selling them its indirect 4% interest in BSkyB. The negotiations have arisen in connection with the re-financing of the £450m Guaranteed Loan Facility which certain of… Continue reading Reed Confirms BSB Share Sale
Bram Stoker’s Dracula, which opened nationally last Friday, took £2.64m at the box office in its first 3 days. It is unclear if it has actually broken box office records. In 1989 Batman took £2.7m but this included previews.The cinema industry ended 1993 on a high note with a massive year-on-year increase in admissions in… Continue reading Dracula A Box Office Hit
Reports in the weekend papers that the Labour peer Lord Hollick is planning to buy a large shareholding in Mirror Group Newspapers have been denied.The reports were fuelled by the recent upturn in the MGN share price. On Friday shares closed at 112p just 13p short of the group flotation price in May 1991. When… Continue reading Hollick’s Mirror Bid Denied
According to an ITC survey of broadband cable homes, cable and satellite channels have re-gained audience share previously lost to ITV, with share of viewing increasing from 35.3% in October 1991 to 38.6% in October 1992. During the same period ITV’s share fell 3.4% points to 30.5%.The most popular cable and satellite channel in 1992… Continue reading ITC Cable Audience Research
Carlton’s £45m bid for Independent Television News, has hit trouble. There is now mounting speculation that The Office of Fair Trading, which has been probing the deal for three months is to refer it to the Monopolies and Mergers Commission.The grounds for the enquiry are that Carlton and LWT own the main domestic rival to… Continue reading Carlton Hits Trouble For ITN Bid
Northern & Shell’s monthly title, Bicycle is to relaunch as Performance Cyclist International in April. The first issue will run to 152 pages, including a four page pull-out maintenance section. The title will have a sales target of 30,000, compared to its predecessor’s ABC of 14,096.Performance Cyclist: 071 987 5090
Sacked Daily Mirror editor Richard Stott is to become editor of News International’s Today. The post became vacant last week when Today’s current editor Martin Dunn accepted a job at the Boston Herald (Newsline 27/1).Stott was ousted from the Daily Mirror last November following the appointment of David Montgomery as chief executive. Ironically Montgomery once… Continue reading Stott To Become Editor Of Today
