The London Financial News has found new financial backers which means that the paper can now resume publishing after a two-week suspension *London Financial News Suspended.A group of investors headed by Chris Anderson, the founder of Future Publishing, has now invested over £300,000 in the title. It is rumoured that poor ad revenue was the… Continue reading Financial Paper Finds Backer
At a presentation last night LWT revealed the schedule it believes will revitalise its Winter schedule and erase memories of disasters like Man O Man and The Shane Ritchie Experience. Granada chief David Liddiment admitted that LWT had experienced problems in the past, especially with the Spring schedule, but believed the Winter programmes are “fresher… Continue reading LWT Promise Revitalised Schedule
General Cable, the fifth largest cable operator in the UK, experienced increased losses in the nine months to the end of September, reaching £19.1 million compared to £14.8m last year, while revenues increased and churn decreased from 31% to 23%.As with most cable companies at present, most of General Cable’s losses were attributable to the… Continue reading General Cable Losses Worsen
The Channel Television group, Channel Islands Communications, has announced pre-tax profits for the six months to September of £653,000, which is the best first half trading performance in the company’s history.Group chairman Major John Riley referred to strong growth in local ad revenue and said that overall turnover is up 12% on the same period… Continue reading Channel TV Posts Record Results
According to press reports BSkyB is in talks with HSBC, the banking group that owns Midland Bank, regarding a joint deal which would offset some of the costs of digital satellite TV.It is believed that the plans involve BSkyB offering banking services via its satellite system in return for subsidies to its set-top decoding box.… Continue reading BSkyB Talks To Bank Over Digital Deal
Foote Cone & Belding has announced that it will be setting up a media department in a bid to create a new dimension to its current services. FCB, which set up Optimedia in 1990 to handle media buying and planning, has appointed Rhona Tridgell from the Network to head up the new department. The venture… Continue reading New Media Department For FCB
Several cable companies are believed to be in the process of launching their own pay-per-view movie services as direct competition to BSkyB’s proposed plans. In what is another step in the current trend to break away from the BSkyB dominance of the pay television, the cable companies are said to be in negotiation with several… Continue reading Cable Companies Attempt Their Own Pay-Pay-View Deal
Confirmation that an £800,000 writ had been issued by YTTV against CIA over financial wranglings *YTTV Issues Writ Against CIA sent CIA’s normally stable shareprice down during the week. On Monday shares were at their normal price of 143p but by Friday this had dropped to 132.5p. YTTV dropped 3p to 1297p on Tuesday but… Continue reading Sharewatch W/E 15/11/96
Granada is expected to reveal improved profits of around £450 million, when it announces its full year figures on Wednesday. There will also be interim reports for GWR, Cable and Wireless and Southnews Plc later in the week.A new black tabloid newspaper called New Nation hits the newsstands today. Delayed from last week the internet… Continue reading The Week Ahead
The Radio Advertising Bureau has recruited Rupert Steele, UK media research manager at Leo Burnett, to expand and develop its Media Planning Services division and drive forward the media planning function offered to agencies.The division acts as a confidential and impartial help desk to assist media departments in investigating radio opportunities and planning effective radio… Continue reading New Head For RAB’s Media Planning Services
