BBC Unions have agreed to withdraw plans for a strike tomorrow, as BBC unions and management meet today for talks at the ACAS conciliation service. However, the NUJ and BECTU unions have not yet withdrawn plans for further one-day strikes next week.YTTV DEAL WITH THAMESYorkshire Tyne Tees Television has proposed an alliance with Thames Television… Continue reading BBC Strike Tomorrow Called Off
Reuters has announced its intention to buy London News Radio, the consortium which takes over LBC’s FM and AM frequencies later this year.The international finance and news group was originally part of a failed bid for the London licences when they were re-advertised last year.The Radio Authority has approved the bid, providing Reuters fulfil the… Continue reading Reuters To Buy LNR
Classic FM is to enter the consumer magazine market with the launch of Classic FM Magazine early next year. The editorial in the magazine will reflect the station’s programming but will also include general interest features. It is to be published by John Brown Publishing,publishers of Viz and Garden’s Illustrated.The new title is aiming for… Continue reading Classic FM To Enter Magazine Market
Channel 4 yesterday appealed for the safety net linking them with ITV to be removed, claiming it will cost them £500m over the next 10 years.Michael Grade, chief executive, said that his channel would never need the safety net so the money was going straight into ITV profits. He demanded a funding change by the… Continue reading Channel 4 Appeal For Independence
Camelot Group, a consortium backed by Cadbury Schweppes and banknote printer De La Rue, has been selected to run the National Lottery. Camelot was said to have best met the duties set out in last year’s National Lottery Act.The successful Camelot Group will be represented by Saatchi & Saatchi.CAMELOT WINS LOTTERY FRANCHISEFollowing this morning’s announcement… Continue reading Camelot Awarded Licence
IBM is to give one agency, Ogilvy & Mather, all its advertising around the world; this is one of the largest account moves in advertising history. IBM currently uses around 40 agencies worldwide, spending up to £333m a year on advertising.O&M will assume full advertising responsibility, including media buying, for the IBM brand and all… Continue reading O&M Gets IBM Contract
Carlton Communications has released results for the interim period to March 31 1994. Pre-tax profits were up 33.25% from £55.12m to £73.44m. These are the first results released since Carlton’s £760m takeover of Central TV in January.The Broadcast TV section of the group achieved £22.89m profits, compared to only £0.58m in the same period last… Continue reading Carlton Profits Up 33%
The information and publishing arm of Thomson Corporation, which includes the regional newspapers and magazines, lost £15.4m in the first quarter of 1994, down £2.68m on the same period last year.
The Radio Authority has announced this afternoon its intentions regarding the spare 105-108 MHz. It has not chosen a national network, which Virgin had called for; instead it favours a combination of ILR size services with new additional smaller local services.This option is the “population-weighted” approach, where for example 3 new services would be centred… Continue reading Virgin Unsuccessful In FM Bid
The Advertising Association has published its 1994 forecast of advertising expenditure. It analyses advertising expenditure trends, and projects expenditure by medium to the year 2006. The price for AA members is £395; for non-members it is £825.The AA has also published regional data, in the Regional Marketing Pocket Book, which gives population, economic and lifestyle… Continue reading AA Publications
