Today Granada has issued its final offer for LWT, following a meeting last night between the Chairmen and Chief Executives of the two companies, where Granada tried to get a board recommendation for the new offer. The bid was not approved so today’s final offer is made direct to LWT shareholders.The final offer values LWT’s… Continue reading Granada Improves Bid For Final Offer
Senior executives from Independent Newspapers of Ireland are planning to hold talks today with the management of The Independent newspaper, following Friday’s coup when Tony O’Reilly bought 24.99% of Newspaper Publishing from institutions at £3.50 per share. As the largest shareholder, the Irish group is seeking board representation and is likely to get it.Members of… Continue reading Irish Independent Seek Place On Board
According to the November satellite monitor from Gfk Marketing Services Ltd, carried out on behalf of the ITVA, the growth of TV dish ownership is slowing down. The net increase in the year to date is 12% lower than that at the same time last year. The total figure for 1993 was 2.376m dishes, an… Continue reading Growth In TV Dish Ownership Slows
The Manchester Evening News has appointed AMRA to handle its national advertising following a two-way pitch involving incumbents Mediaforce.Mark Dodson, Manchester Evening News advertisement director, commented, “Mediaforce have served us well over the past five years and we recognize totally their efforts on our behalf”.Mike McCormack, managing director of AMRA said that “the media landscape… Continue reading Manchester Evening News Appoints AMRA
In the last document in which LWT is allowed to offer fresh financial information before the close of the bid, next weekend, LWT again urges shareholders to reject Granada’s offer.LWT point out that Granada’s bid remains inadequate. LWT says that January advertising revenue has risen by 10% year on year to £14.8m, and that the… Continue reading LWT Issue Final Document
The consortium backed by Mirror Group Newspapaers has today launched a £55.1m bid for the Independent. The offer is being pitched directly at shareholders, who hold 52% of Newspaper Publishing.By moving now the consortium, which holds nearly 48% of the company, is by-passing Ian Hay Davison (chairman of Newspaper Publishing) and the remaining directors, who… Continue reading MGN Launches Bid On Independent
1993 According to a report from Mintel to be published later this month, last year in the UK, £400m was spent on sponsorship. When compared to figures for 1980, £35m, and 1983, £128m, when sponsorship began to take off, the massive recent growth can be seen. TOTAL SPONSORSHIP EXPENDITURE 1993 (M) Sports £242 Arts £62… Continue reading Sponsorship Expenditure
This week Coronation Street, the official magazine of the programme launched. The glossy A4 monthly is not very thick, with only 36 pages; only three of these are display ad pages. There is no classified section.The magazine is full of photos of the stars, with quite a cluttered style; it does not have an upmarket… Continue reading Coronation Street Magazine – Review
According to the latest ITC figures into cable telephony, telephone lines installed by cable operators increased from 106,989 to 314,381 in 1993. Double the number of new lines were installed in the last quarter of 1993 (69,000) compared with the same period of 1992 (34,000). NUMBER OF FRANCHISES TOTAL LINES PROVIDING TELEPHONY INSTALLED 1-Jan-93 24… Continue reading Cable Telephone Lines Triple In Twelve Months
24 Seven, the music magazine covering dance, rave, techno and hip hop, is to relaunch on February 25 with a cover price of £1.40 and a print run of 140,000. The magazine was originally launched last July by Music Maker Publications but lasted for just one issue.The revamped 24 Seven will be a monthly targeting… Continue reading 24 Seven To Relaunch
