Granada Group has announced results for the year ending October 1 this morning with pre-tax profits up by 50.8% from £176m last year to £265.4m. Turnover was £2.097bn. The dividend also increased by 14% from 8.75p to 10p. The TV interests doubled, to £85m.
Toyota has announced that it is to sponsor the 1995 Rugby World Cup in South Africa, where the company is the leading vehicle manufacturer.
The ITC has invited applications for four separate local delivery franchises in the Midlands. The areas are: Tamworth, North Warwickshire and Meriden (59,000 homes) Lichfield, Burntwood and Rugeley (54,000 homes) Burton Upon Trent, Swadlincote, Ashby-de-la-Zouce, Coalville and Uttoxeter (97,000 homes) Hinckley and Bosworth (38,000 homes)
Tango is to replace Swatch as sponsor of The Word, when it returns to C4 on Friday. The second series of Don’t Forget Your Toothbrush keeps Polaroid as a sponsor.
Preliminary trading in London and New York of UK Cable company TeleWest yesterday valued the company at £1.8bn. Shares were six times subscribed and have been priced at 182p. TeleWest is the first UK cable company to join the London Stock Exchange.
The National Lottery draw on Saturday night attracted around 21.3 million viewers between 19.45 and 20.15pm watching BBC1, compared to 6.9 million to ITV and just over 0.5 million each to BBC2 and Channel 4. The audience for the lottery peaked at 20.02pm, when 25.88m individuals were watching. AVERAGE AUDIENCE 19.45 – 20.15 pm SAT… Continue reading Lottery Audience Peaked At 20:02 Pm
Midland Independent Newspapers, publishers of the Birmingham Post and Mail, has told the government it should continue to block the proposed acquisition of T. Bailey Forman by the Daily Mail and General Trust. The deadline for the trade secretary’s decision is 5 December. DMGT originally announced the deal on 3 June 1994 (Key 2 for… Continue reading Min Asks MMC To Block Daily Mail Bid
Lord Wakeham, the former leader of the House of Lords, was yesterday confirmed as the new chairman of the Press Complaints Commission, replacing Lord McGregor, who steps down at the end of the year.The appointment of Lord Wakeham, considered a political heavyweight, underlines the industry’s determination to defend criticisms that press self- regulation has failed.Lord… Continue reading New Chairman Of PCC Calls For Stronger Self Regulation
The ITC has issued a formal warning to Granada Television following an edition of This Morning which breached the undue prominence and competition rules of the Programme and Sponsorship Codes.The programme in question was transmitted on September 21, and featured Victor Kiam presenting and discussing his Lady Remington range of jewellery. Viewers were asked to… Continue reading Granada Receives Official Warning
Hollinger, the Canadian publishing group controlled by Conrad Black, has increased its stake in The Telegraph from 57.9% to 58.2%. On Friday it bought 200,000 shares at 348p and 200,000 at 347p, bringing its holding to 78.8m ordinary shares.
