Granada Group has reacted to the LWT defence document published on Sunday by calling it an “empty document”, which “failed to add anything to the debate”.Gerry Robinson, chief executive of Granada said that the document failed to address the fundamental question of how LWT will provide long term earnings growth to its shareholders.
Stewart Francis, chairman of the Association of Independent Radio Companies, has called for the FM frequencies in the 105-108MHz band to be used to enable existing AM services to convert to FM.These frequencies will become available to the Radio Authority in 1996. In the Annual AIRC report, Stewart Francis says that the decision on how… Continue reading Airc Calls For AM To FM Conversion
Agency Gold Greenlees Trott has announced interim results today. The results follow the warning two months ago from the agency that the market’s profits expectations for the year were over optimistic.There was a 3% rise in pre-tax profits to £2.24m. Revenues from media advertising were down by 15%; the benefit from the Nationwide Building Society… Continue reading Gold Greenlees Trott Results
A board meeting of Newspaper Publishing owner of The Independent and Independent on Sunday, to be held today will consider options for the struggling group. Patrick Morrissey, chief executive, is to announce a rescue plan which would require help from city institutions.However, both the Telegraph Group and United Newspapers have shown an interest in a… Continue reading Independent Seeks Backer
LWT yesterday issued its defence document against Granada’s bid to shareholders in which it outlined 5 reasons why Granada’s offer should be rejected. The document concentrates on reasons to reject the bid rather than detailing plans of future offers from LWT.The main criticisms of the offer were; LWT has a better record for delivering shareholder… Continue reading LWT Condemns Granada’s Bid
Ascent Publishing is to launch a new title into the home interest market; HomeMaker will launch on March 10. The monthly title will have a cover price of £1.10, and an initial print run of 150,000.The title, launching five months after IPC’s Homes & Ideas, will aim for a different area of the market to… Continue reading New Home Interest Title
The BBC is to launch a new popular news and current affairs programme in February. The programme, with the title Here and Now, will begin as a six week long experiment aimed at an audience not currently served by the present news, which concentrates on ABC1 viewers from the South East.Here and Now should attract… Continue reading BBC Plans News Programme
Ascent Publishing is to launch a new title into the home interest market; HomeMaker will launch on March 10. The monthly title will have a cover price of £1.10, and an initial print run of 150,000.The title, launching five months after IPC’s Homes & Ideas, will aim for a different area of the market to… Continue reading New Home Interest Title
The BBC is to launch a new popular news and current affairs programme in February. The programme, with the title Here and Now, will begin as a six week long experiment aimed at an audience not currently served by the present news, which concentrates on ABC1 viewers from the South East.Here and Now should attract… Continue reading BBC Plans News Programme
LWT yesterday issued its defence document against Granada’s bid to shareholders in which it outlined 5 reasons why Granada’s offer should be rejected. The document concentrates on reasons to reject the bid rather than detailing plans of future offers from LWT.The main criticisms of the offer were; LWT has a better record for delivering shareholder… Continue reading LWT Condemns Granada’s Bid
