The Association of Media Independents has this week been renamed the Association for Media and Communications Specialists. The new organisation is open to companies involved in sponsorship, consultancy and communications. The news comes at the same time as MBS, former member of AMI, left to join the IPA. (Newsline 13/9).
Mirror Group Newspapers has announced that it plans to launch a national cable television channel.The new subscription channel, to be called Live TV, will be distributed to more than 500,000 homes and will focus mainly on live events. MGN has teamed up with cable operators Comcast, US West and Southwestern Bell. MGN did bid for… Continue reading Mirror To Launch Cable TV Channel
Aegis has announced results for the six months to June 30; pre-tax profits were up 46.4% from £9.7m to £14.2m. Aegis underwent refinancing last October for £60m. Roger Parry, group development director, said the figures had been transformed by the refinancing.
The IPA is calling on the ITC to approve the readvertisement of the fifth channel at their meeting today. Adrian Birchall, chairman of the IPA’s future of broadcasting working party, said, “Given that the Government has now decided that the licence fee should be the main source of finance for the BBC’s public services until… Continue reading IPA Call For C5 Approval
According to Raymond Snoddy writing in today’s Financial Times, the biggest cable companies are considering a significant increase in programming investment. Leading companies, including TeleWest, Nynex and Bell Cablemedia, believe that a wider range of material exclusive to cable may be necessary to increase cable subscription levels.The cable companies are considering setting up a company… Continue reading Cable Companies To Invest In Programming
The Retail Prices Index, released this morning, showed inflation up 0.1% from 2.3% in July to 2.4% in August. This is attributed to shop prices bouncing back after the summer sales.
The Milton Keynes Citizen has been named Britain’s biggest and best free newspaepr in the Newspaper Society’s Free Newspaper of the Year Awards for the second year running.This year there were two categories for the top award; Free Newspaper of the Year (less than 40 pages), which was won by the Brighton and Hove Leader,… Continue reading Milton Keynes Citizen Top Paper
Trinity International Holdings has released interim results for the six months to June 25. Pre-tax profits rose 15% from £9.44m to £10.9m. Trinity said that they expected the national price war to continue through the second half of 1994; so far the effects have been worst felt in Liverpool, where Trinity publishes the Daily Post… Continue reading Trinity Profits Up
RAJAR and RSL have issued an amendment to the Q2 1994 Results concerning Gem AM (Derby) and Gem AM (Notts). Gem AM was not listed in that part of its TSA formed by the overlap of Trent FM and RAM FM TSAs.Since Gem AM was not included in the diaries in the whole of its… Continue reading Rajar Q2 Results – Gem Am Error
The Guardian Media Group, owner of the Guardian, has released results for the year to April 1994. Pre-tax profits were virtually halved to £11.7m from £22.9m in the previous 12 months. This year’s figures were affected however, by £5.6m in redundancy costs following the acquisitions of The Observer and Thames Valley Newspapers. Chairman Harry Roche… Continue reading Guardian Media Group Profits Halved
