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Conrad Black said on Friday that he intended to increase his 57% stake in the Telegraph today, by buying up to 5% of shares. Telegraph shares rose 20p at the news on Friday, to 330p. This morning shares dropped 7p to 323p.

The Establishment Survey, issued by BARB, and now for the first time an annual survey, was due to be released today. However, there have been some problems and BARB now expect to be able to release the data on Friday October 14th.Data should then be updated on MediaTel at the beginning of next week.BARB: 081… Continue reading Establishment Survey – Further Delay

Scottish Television has this morning announced results for the half year to June. Pre-tax profits were down by 46% from £3.13m last year to £1.68m this year. Scottish wrote off £2.5m after closing a studio in Edinburgh and reorganising its airtime sales. It warned there would be a decline in advertising sales this year. Scottish… Continue reading Scottish Television Profits Down 46%

Classic FM is claiming a record revenue month for September 1994 with gross income from airtime and sponsorship reaching £1.6m, 50% up on September 1993. Sponsorship has grown in proportion to airtime growth, with the advertising/ sponsorship split for September remaining almost identical to that of last year with ad revenue accounting for 78% and… Continue reading Classic Claims Record Month

The Independent Television Commission has appointed Dr Robert Towler as Head of Audience Research. Dr Towler was Head of Research at the Independent Broadcasting Authority for five years during the 1980s. His duties will include publication of the ITC’s annual report, “Television; the Public’s View.”ITC: 071 255 3000

The Magazine Company is to launch a new magazine. Brookside, based on the Channel 4 soap. The monthly title will target BC1C2 women aged 18-30 and will launch with a print run of 180,000. As well as carrying features from the programme, the magazine will include health and beauty, fashion and fiction.Brookside launches on November… Continue reading Brookside Magazine

BSkyB has confirmed that it is to stage a share issue on the London and New York stock exchanges before the end of the year. The flotation will be the UK’s largest non-privatisation issue and will involve £1bn new BSkyB shares or 20% of its enlarged equity. It is expected to value the company at… Continue reading BSkyB Confirms Flotation

Virgin has been awarded one of the two new FM licences for Greater London due to begin broadcasting next autumn. The new service will be based on Virgin’s national AM station but will carry local news, weather and travel. The other new FM licence has been awarded to Crystal FM which will broadcast adult contemporary… Continue reading Virgin Wins London FM Licence

Mike Ironside, ad controller of the Daily Mail has been promoted to ad director. He replaces Guy Zitter, who has now taken over as managing director from Bill Pressey. Sue Minnikin has been promoted to sales controller, John Teal becomes agency ad manager and Maxine Rose becomes client ad manager.

Jaguar cars will sponsor JFM’s financial news slot in a six figure deal for one year. FT journalist Nicholas Leonard will present the slot.