Forever Broadcasting, the Newcastle-based independent radio and new media group, has announced the acquisition of Wolverhampton Area Radio (WAR), owner of analogue station 107.7 The Wolf. Forever has paid £5.1 million – £4.1 million in cash and the remainder by the issue of ordinary shares in the company.In the RAJAR survey for the fourth quarter… Continue reading Forever Broadcasting Acquires The Wolf
Month on MonthFigures from the Audit Bureau of Circulations (ABC) for January 2001 show that national newspaper circulation has grown by 2.6% month on month. Only four titles saw circulation losses during the period, while two showed neither loss nor gain.The worst performers were the Express titles, under new owner Richard Desmond. Desmond is currently… Continue reading National Newspaper ABC Round-Up – January 2001
The week began with European media giant Bertelsmann taking a controlling stake in RTL (see Bertelsmann Acquires Controlling Stake In RTL). As a consequence, RTL ended as the best media performer over the week, showing a week on week improvement of £4.77, or more than 8% at £63.87 by close on Friday.BSkyB’s Tuesday results (see… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Campaign Media Business.Lastminute.com releases financial results for the final quarter of 2000.Tuesday Information group Reuters reports final results for 2000.Wednesday Daily Mail & General Trust holds its annual general meeting.Friday Figures from the Audit Bureau of Circulations for consumer magazines for the six… Continue reading The Week Ahead
Simon Bolton has been named chief executive of J Walter Thompson in the UK. He replaces Stephen Carter who left the company last year to join NTL as chief operating officer (see NTL Appoints Senior Executive To Two Way TV Board).He said of his appointment: “It is a tremendous honour to lead JWT UK and… Continue reading JWT Appoints New CEO
The boost to digital television uptake required to allow analogue switch-off could be provided via a subsidy on equipment from licence-fee money, said BBC director-general Greg Dyke yesterday. Speaking at the Commons media select committee, Dyke is reported to have said that the corporation was considering whether to use licence-fee money to fund a large-scale… Continue reading Licence Fee Money May Fund Digital Box Giveaway
Results released earlier this week by BSkyB (see BSkyB Hits Digital Target But Losses Grow) continued to have a bad effect on shares, which fell 33p by the end of yesterday’s trading, to £10.37.Reuters has announced that its subsidiary, news and technology group Instinet, has filed for flotation on the Nasdaq. Reuters shares on the… Continue reading Sharewatch
ITV has said that charges for carriage of its channels on the Sky platform would has create “almost pure profit” for BSkyB. In a submission to the Department of Culture, Media and Sport’s select committee for the Government’s White Paper, the network said that it would have to pay over £20m a year for ITV… Continue reading Sky Asking £20m For Carriage, Says ITV
The Radio Authority received sixteen applications for the new regional licence for South and West Yorkshire, in time for the deadline on 6 February. The licence covers an adult population of around 2.5m and includes the cities of Sheffield, Leeds and Bradford.Martin Fry, lead singer of ABC, and Robin Smith, president of the Yorkshire County… Continue reading Radio Authority Receives 16 Applications For Yorkshire Licence
The Radio Authority has awarded the local digital multiplex licence for the West Midlands region to the MXR Consortium, it was announced today. Delivering digital programming to an area with an adult population of around 3.3m, this is the third such licence to be awarded to the group (see MXR Wins Second Digital Licence).MXR proposes… Continue reading MXR Wins West Midlands Licence
