The Wireless Group, previously TalkCo, has announced a number of management changes following its acquisition of The Radio Partnership this week (see Talk Radio Buys The Radio Partnership). Jonathan Goodwin, previously chief operating officer at Talk Radio, becomes group managing director of the Wireless Group. Ashley MacKenzie, moves from commercial director of sport at Talk… Continue reading Radio Appointments Brief
Telewest Communications performed badly yesterday as investors reacted to the cable company’s failure to seal a merger deal with Cable & Wireless Communications, itself snapped up by NTL this week (see NTL Spends £8.2bn On Cable & Wireless Communications). Telewest finished down 13žp at 270˝p; CWC closed up 10p at 700˝p.Rumours of a possible takeover… Continue reading Sharewatch
Trinity is understood to have received six offers for its Irish title Belfast Telegraph, which it is required to sell in order to complete the £1.3 billion merger with the Mirror Group (see DTI Approves Mirror Group Takeover Bids). Bids have come in from Independent News & Media and Daily Mail & General Trust as… Continue reading Trinity Receives Offers For Belfast Telegraph
Associated Newspapers, publisher of the Daily Mail, has acquired a 50% stake in Zoom.co.uk, the ecommerce and internet service provider launched by the Arcadia group last month (see Arcadia And Associated New Media Zoom Online). Associated is to pay £15 million to become a joint owner of the company.At Zoom’s launch, Associated’s internet division, Associated… Continue reading Associated Newspapers Takes 50% Stake In Zoom.co.uk
Like the cable and television industries, the UK’s regional newspaper industry is currently undergoing a period of ownership concentration. A series of takeovers and mergers in the last few years has seen the creation of a number of very large regional publishing groups.According to figures recently released by the Newspaper Society (NS), Trinity is currently… Continue reading Mirror Takeover Would Further Consolidation In Regional Press Industry
The Advertising Association (AA) today told a London conference that a pan-European ban on children’s television advertising would be unworkable. The evidence is drawn from an interpretation of legislation in Sweden which currently prohibits TV advertising to children.The AA believes that the guidelines interpreting the Swedish model show the legislation to be ‘knotted with detail’;… Continue reading Advertising Association Claims Ban On Children’s TV Ads Is Unworkable
Despite closing the sale of Cable & Wireless Communications (CWC) to NTL yesterday (see NTL Spends £8.2bn On Cable & Wireless Communications), parent company Cable & Wireless dropped back 20p to 745˝p by the end of trading. Investors did not favour the deal for CWC either, which also finished down 8˝p at 690˝p. Conversely, Telewest,… Continue reading Sharewatch
The Guardian Unlimited network of websites has received its first official ABC //electronic audit figure for June 1999 which shows the sites received 9,746,873 page impressions. The network, which includes Jobs Unlimited and News Unlimited, was launched by Guardian Newspapers in January this year and has been expanding its portfolio since (see Website Of The… Continue reading Guardian Unlimited Nets Almost 10m Page Impressions
Shares in the free internet service provider Freeserve are expected to open at 150p, which would value the company at £1.5 billion. Freeserve, which is being floated by parent company electrical retailer Dixons, is said to be over-subscribed by between 10 and 30 times.The huge demand for Britain’s first big internet flotation, due mainly to… Continue reading Huge Scramble For Shares In Freeserve
IPC Southbank’s Woman’s Journal is to reveal a ‘distinctive new look’ from September, coinciding with the start of new editor Elsa McAlonan.The Woman’s Journal revamp will include a new masthead, and a stronger design element which IPC hopes will produce a magazine “with a timeless and classic style”. Along with McAlonan taking the editorial post,… Continue reading Woman’s Journal Gets New Look
