Scottish Media Group (SMG) has made a £35 million agreed takeover offer for Primesight, the London-based outdoor advertising company. The deal, which values Primesight at 320p per share, would represent SMG’s first major push beyond television and publishing.The expansion is also Scottish Media’s first move outside Scotland and was described by a spokesperson as “a… Continue reading Scottish Media Moves Into Outdoor With £35m Primesight Bid
BT has today confirmed the launch of a free internet service, BT ClickFree, following the lead set by Dixons’ Freeserve in September (see DoubleClick To Sell Ad Space On UK’s Fastest-Growing ISP). As part of the service BT has teamed up with Value Direct to allow customers to shop online; information and entertainment content will… Continue reading BT Confirms Free Internet Access Launch
The radio group GWR is to back a bid to launch a new multicultural radio station in Bristol. GWR has taken a 30% stake in Respec FM, which is an afro-caribbean music led local station which aims to ‘meet the needs of the diverse community of Bristol.’GWR currently owns GWR FM and Brunel Classic Gold… Continue reading GWR Sends Respec Out To Bristol
After sustaining a fall in its share price at its close on Friday, Reuters was on the up again at its close yesterday, rising 5.8% to 866p, an actual rise of almost 50p.Portsmouth & Sunderland’s shares remained static at their close yesterday, ending a day of trading at 1725p, the same as Friday. Newsquest confirmed… Continue reading Sharewatch
Daily Mail & General Trust shares continue to fall back after their boost last week (see Sharewatch), closing down 134źp at 3,118žp on Friday. BSkyB, which reports its interim financial results on Wednesday this week, dropped 11žp to 416žp.After enjoying a strong growth in shares recently, Reuters slipped back this weekend down by 33p to… Continue reading Sharewatch
Tuesday A review of Freestyle Publication’s new men’s magazine, Boys’ Toys (see Men’s Magazine Market Gets A New Toy), will be available on Newsline.Wednesday BSkyB releases interim financial results. Merill Lynch has predicted a fall in pre-tax profit of 47% to £68 million following the launch of Sky Digital. Attention will focus on the number… Continue reading The Week Ahead
The UK Telecommunications watchdog, OFTEL, is to issue a consultative document examining the use of local rate phone codes by internet service providers (ISP) the results of which could upset the current growth in free internet access.OFTEL says that it is currently examining a number of telephone codes, including the local rate 0845 numbers, some… Continue reading OFTEL Consultations To Examine ISP Phone Pricing
Alec Davidson, managing director of Northcliffe Newspapers since 1995, was put forward by the Newspaper Society to become the Society’s vice-president. Mr Davidson will succeed James Evans in the year 2000 as president, and Mr Evans takes over from the Society’s current president Charles Brims this July. Director of training and development at the IPA,… Continue reading Newsline Brief
Newsquest, the regional publisher, has confirmed that it is in preliminary discussions with Portsmouth & Sunderland Newspapers, with a view to acquiring P&S’s newspaper assets, after speculation last week that the group intended to put in an offer for P&S (see Newsline). Newsquest is understood to be seeking the deal on a ‘friendly and agreed… Continue reading Newsquest Confirms Interest In Portsmouth & Sunderland
A new government social classification scheme for the twenty-first century has been unveiled in a report from the Office for National Statistics and the Economic and Social Research Council. The new scheme, to be called the National Statistics Socio-Economic Classification (NSSEC), will replace the current government social classifications, Social Class based on Occupation (SC –… Continue reading MRG Evening Meeting – The National Statistics Socio-Economic Classification
