Former chairman of Craig Advertising which went into receivership a fort- night ago, Lawrence Craig, has set up his own consultancy, Coltas, having links with media independent Feather Brooksbank (Newsline 25/2). Craig Advertising is said to have left debts of more than £1m including £500,000 owed to Scottish newspapers.
Contrary to reports in today’s trade press Sky One and Sky News will not start a subscription charge at the beginning of October. A spokesperson at Sky revealed that they are discussing the possibility of a fee-charging service at some stage but a specific date is far from being agreed.
According to a report in Media Week today J Walter Thomson is planning a further restructure of its media department following a total staff rejig back in October (Newsline 15/10). JWT will not yet reveal what exactly will happen within the restructure.
The ITV Network has settled a deal with Granada Television to keep top-rating soap Coronation Street after threats to sell to BSkyB because of low payments. Having met last week to discuss the issue the network is believed to have offered an extra £1.4m a year to keep the soap, on top of the current… Continue reading ITV Settles Deal For Street
The six local radio licences for London are being re-advertised by the Radio Authority this week, including those held by LBC, Jazz FM and Melody Radio.
According to a report in today’s Evening Standard chief executive of Mirror Group Newspapers, David Montgomery is making definite plans to set up a satellite news channel for London as a rival to Sky News. If plans reach fruition the channel will be in direct competition with London News Network although the latter has an… Continue reading Montgomery To Launch News Channel
The Association of Independent Radio Companies announced last night that Pepsi is to take over as sponsor of the Network Chart Show, replacing Nescafe which signed its initial deal with the show 8 years ago. Pepsi’s contract will be worth more than £1m a year backing up the show with an extensive programme of special… Continue reading Pepsi To Sponsor Network Chart Show
Independent Radio’s gross advertising revenue increased last year according to the latest figures released by the AIRC. Figures are now available for the second and third quarters of 1992, although the final quarter is still outstanding. Revenue Year-on-Year % Change Apr-Jun £33.9m 4.60% Jul-Sep £33.1m 1.80% Since last October LBC has not supplied revenue figures,… Continue reading Radio Revenue 2nd & 3rd Quarters 1992
The six local radio licences for London are being re-advertised by the Radio Authority this week, including those held by LBC, Jazz FM and Melody Radio.
According to a report in today’s Evening Standard chief executive of Mirror Group Newspapers, David Montgomery is making definite plans to set up a satellite news channel for London as a rival to Sky News. If plans reach fruition the channel will be in direct competition with London News Network although the latter has an… Continue reading Montgomery To Launch News Channel
