A report given from the Cable Communications Association (CCA) to the ITC claims that between one and two million extra subscribers could be gained from making the selection of channels more flexible. At present the large media groups which provide the channels very often sell them in ‘bundles’ which means that users can often not… Continue reading Cable Firms Want Greater Channel Flexibility
It is reported in today’s FT that the regional newspaper group Newsquest has responded to a modest demand for shares by lowering the maximum price of shares from 290p to 270p. Brokers SBC Warburg Dillon Read and Merrill Lynch reduced the price after a share building exercise failed to show much demand for shares at… Continue reading Newsquest’s Brokers Cut Share Price
Anglo-Dutch information group Reed Elsevier has released details of a merger deal with Dutch publishers Wolters Kluwer. The new group is valued at £17.5bn and will be the world’s largest scientific publishing and information group with sales in 1996 of more than £5bn. News of the merger caused shares in all three companies (Reed International,… Continue reading Reed Elsevier To Merge With Dutch Rival
The battle of the breakfast shows (see yesterday’s Evans And Beamish) appears to have been won by Chris Evans, according to reviews in today’s papers. The Daily Telegraph comes out in strongest criticism of the new Radio 1 duo of Zoe Ball and Kevin Greening, saying that their show sounded as if they didn’t really… Continue reading Evans Seen To Triumph
The Periodical Publishers Association has registered their Website (http://www.ppa.co.uk) for an ABC //electronic audit. The site features weekly news, industry comment and links to other member magazine sites.Periodical Publishers Association: 0171 404 4166ABC //electronic: 01442 870 800
The death of Princess Diana meant that there was a large increase in the number of newspapers sold in September as the nation craved news of the latest developments and reactions. Sales in the broadsheet market increased by over 506,000 to 6.19 million while the mid-market saw a rise of over 567,000 to 7.16 million.… Continue reading National Newspaper Round-Up – September
Amra is promoting key personnel to a management executive which will be headed by Lisa Bourne, herself recently promoted to deputy MD. These appointments continue the company’s preparations for the millennium, ‘Project 2000’, which aims to create a management elite that can respond to rapid changes in regional press and the broader media market. The… Continue reading Amra Creates Management Executive
The Secretary of State for Trade and Industry has decided not to recommend MAID’s takeover of Knight-Ridder to the Monopolies and Mergers Commission.MAID will now push on with finalising the £261m deal (subscribers see Maid Acquisition To Go Ahead).MAID: 0171 930 6900
Canadian television company CanWest Global Communications has announced that its subsidiary CanWest International has increased its stake in Ulster TV by 2.7 per cent to 7.4 per cent. CanWest International says that it may increase its stake further in the future. Although CanWest cannot take control of Ulster TV outright due to UK ownership legislation,… Continue reading Canwest Increases Stake In Ulster TV
Finance company Merrill Lynch have projected that the launch of British Digital Broadcasting (BDB) and ITV2 will cut into Carlton Communications Plc ‘ profits for the next two years. Merrill Lynch predict that the launch of ITV2 will cost £20m in its first year, of which Carlton’s share will be around £7m. The cost of… Continue reading Launch Of Digital TV Will Hit Carlton’s Profits
