The Wireless Group (TWG) announced yesterday that it is in negotiations with an offshore radio group, Delta Radio, to acquire a 33% stake in the company. The principle asset of Delta is a new national analogue station which would be recieved in the UK. It is thought that the new station, which would play easy… Continue reading Wireless Group To Invest In Offshore Rival To Radio 2
Its been all relaunches and requiems on the web this week. Of those already reported as getting the chop (see Newsline Brief) it seems that TheStreet is gone, Ready2Shop may totter on into next year, and a lifeline could be thrown to Unilever’s Wowgo, in the form of BSkyB and Freeserve’s teen site Mykindaplace, which… Continue reading Internet Round-Up
The Digital One transmitter for the Hereford region has now been turned on, adding a potential 829,000 listeners to the digital radio audience from areas including Hereford, Ross-on-Wye, parts of Gloucestershire and Monmouthshire. The network’s footprint now covers over 76% of the UK population, or over 43 million potential listeners.The new transmitter at Ridge Hill,… Continue reading Digital One Increase National Network Footprint To 76% With Hereford Transmitter
Programmes This was the month of the big scheduling battle between BBC1 and ITV, following the former’s decision to move the Nine O’Clock News to 10pm (see BBC To Broadcast News At Ten). Depending on your viewpoint there were winners all round, with ITV maintaining its overall peaktime lead, while BBC1 increased the audience for… Continue reading TV Viewing Round Up – October 2000
Ulster Television announced that it is to acquire radio interests in the form of County Media, which owns three stations in County Cork (see Ulster Television To Acquire Irish Radio Stations). The IRE£28.5m deal did not impress the market, however, and shares ended down 14½p at £3.55.Chrysalis released its annual results yesterday, revealing a good… Continue reading Sharewatch
The Chrysalis Group has announced pre-tax profits of just under £1m for the year ending 31 August 2000. This moves the company back into black, as last year it recorded a loss of just under £6m. The growth was led by profits from the radio division, which increased its turnover at over twice the rate… Continue reading Chrysalis Into Profit But Restructuring TV Division
Ulster Television (UTV), one of the smallest of the remaining ITV franchisees, is to add radio interests to its portfolio with the acquisition of County Media, a radio broadcasting business based in Cork, Eire for IRE£28.5m.John McCann, managing director of UTV commented: “The acquisition of County Media is an important strategic development for UTV, which… Continue reading Ulster Television To Acquire Irish Radio Stations
The internet boom has brought mixed fortunes for marketing services companies, with an increase in business but a decrease in profitability. According to the latest quarterly findings of Marketing Monitor, research undertaken by Willott Kingston Smith, the drop in profits is mainly caused by the increased cost of employing staff with the skills to deal… Continue reading Internet Brings Business Boom With High Price For Marketing Services Industry
United News & Media disposed of the Express Newspaper group yesterday to ‘porn baron’ Richard Desmond’s Northern & Shell (see Gossip And Girlie Publisher Takes On Express And Star). News of the £125m deal, which saw the new management team moving in by yesterday afternoon, did little good to UNM’s share price, which ended down… Continue reading Sharewatch
Carlton Communications has announced that it has signed a 50:50 joint deal with supermarket chain J Sainsbury to create Britain’s first TV and internet food and drink channel. The deal will see Carlton’s SimplyFood website merge with Sainsbury’s tasteforlife site to form taste.co.uk. Along with Carlton’s cable and digital channel, the Carlton Food Network, and… Continue reading Carlton In Joint Venture To Create TV And Internet Food And Drink Channel
