London News Radio is aiming to extend its format to Scotland with the launch of Scottish Radio News.The station, whose shareholders include ITN, Reuters and GWR, is applying to the Radio Authority which is advertising a licence in the area. LNR has also applied to the Authority to launch North-East News Radio.Nigel Reeve, managing director… Continue reading London News Radio Aims For Scotland
Revenue Total terrestrial TV revenue came in at £184.44 million in January, according to agency estimates. Of this ITV earned £130.21m (up 1.6% year on year), C4 earned £39.55m (up 2.7%) and GMTV brought in £4.8m (down 13.5%). C5’s revenue appears pretty static with a figure of £9.8m.January ITV Franchise Revenue Share Comparisons Jan-97… Continue reading TV Round-Up – January
Commercial radio in the UK appears to be set for an advertising boom in 1998. According to the Radio Advertising Bureau, which conducted a survey of 307 advertisers and marketing directors, 63 per cent plan to increase their spending on radio advertising. Commercial radio advertising revenue reached £100 million for the last quarter of 1997,… Continue reading UK: Radio Spend To Increase
The Advertising Association hosted a meeting on 10 February on the issue of car advertising. Attended by representatives of the advertising industry and officials of the UK Department of Transport and of the European Commission, it examined UK Presidency proposals for pan-EU guidelines on car advertising. The meeting was told by the EC delegates that… Continue reading UK: AA Holds Meeting
At a meeting of Internal Market ministers in Cambridge on 13 February the vexed issue of infringement proceedings was raised in the context of a discussion concerning non-legislative aspects of the internal market action plan. Lord Simon, the UK’s minister for trade and competition in Europe, argued strongly in favour of strengthening the single market… Continue reading EU: Internal Market Reviews Cases
Venture capital group Candover is rumoured to be the favourite bidder for United News & Media’s northern titles, which have been up for sale since December (subscribers see UPN Titles Up For Sale – Again). According to reports in the weekend broadsheets a deal for the titles, which include the Yorkshire Post , is set… Continue reading Candover Favourites To Buy Northern UNM Titles
“Healthy” advertising growth of 5.3% is expected at the Mirror Group in 1998, according to a report published by Merrill Lynch.The firm has also put an Accumulate rating on the media group’s shares, due to its current low value and projected solid earnings growth of 7.5% per annum to the year 2000. However, Merrill Lynch… Continue reading Good Ad Growth Expected At Mirror
The ITC has today published the revised Channel 4 licence which extends and clarifies the channel’s remit and its public service commitments.Many of the changes arise from the decision by the Government to phase out the C4 Funding Formula (subscribers see C4 Funding Formula To End) which allows increased resources to be deployed in programming… Continue reading ITC Revises C4 Licence
The Modern Review has allegedly been put up for sale by its shareholders. According to a report in the Sunday Business private investors are in discussion with a number of publishing companies who are interested in the magazine, which was relaunched in September last year (subscribers see Relaunch First Issue Review – Modern Review).Those involved… Continue reading Modern Review “Up For Sale”
“Local marketing is set to grow”, according to a report from the Henley Centre.‘The Future of Local Marketing’ highlights two key issues: the way in which growing levels of convenience when shopping for goods and services are reflected by shrinking catchment areas, which results in improved efficiency of cover for local media, and marketers should… Continue reading ‘Local Marketing Set To Grow’ Predicts Henley Centre
