Young and Rubicam are looking to make around a dozen redundancies from their main agency. No more details are available at present. Meanwhile KHBB has made four people redundant in its creative department. A further 9 people have resigned from WCRS following the restructure that left 20 people redundant last week.
Chiltern Radio has announced profits of £1.3m for the year to September 30, this represents an increase of 35% on the previous year. The Chiltern network, which covers the Northern Home Counties area, intends to expand by applying for some of the 30 new stations the Radio Authority will advertise next year.
Following its closure, directors of the Sunday Correspondent have put the title up for sale and are attempting to refund the shareholders through voluntary liquidation. Finance director, Alan Thompson, confirmed there was some interest in the sale but would not say from where.
Speaking yesterday on C4’s Answering Back, Michael Checkland, director general of the BBC, dismissed suggestions that the licence fee should be replaced by subscription. However, he said he is worried that it may reach the £100 level.Checkland suggested that the licence fee for mono sets might be raised to that of the colour licence. He… Continue reading BBC Licence Fee And Audience Share
This week the Times and Sunday Times are to become the first newspapers to be available on CD, a single disc will hold the contents of more than 400 newspapers.
The Guardian and Manchester Evening News have been in talks with Liverpool producer Phil Redmond which are believed to have involved joining a consortium to bid against Granada for its ITV franchise. David Plowright, the Granada TV chairman, has admitted he knows that the Guardian are seeking partners to bid against them. The Guardian group… Continue reading Guardian Consortium
The Sunday Times (071-782 7000) yesterday delivered free copies of the newspaper to 50,000 Correspondent readers, in a one off promotion.
This week the terrestrial channels record their highest ever hours of viewing, up 1.7% on last week to 20:30 (hours : minutes). Hours of viewing for ITV also continue to rise, with this week’s figure up 3.6% to 9:58. Total hours of viewing for Sky One and Sky Movies fell slightly, by 3.2% and 1.7%… Continue reading Astra Panel Viewing Summary W/E 18/11
Saatchi & Saatchi will be announcing its annual results this Wednesday. They will come at a time when optimism is rising over the possibility of refinancing £212m of Euroconvertible bonds due to be redeemed in July 1993.
Of the ‘outside’ interested parties in bidding for ITV franchises, MAI (News 23/11), Virgin (19/11), Associated Newspapers, Carlton and The Really Useful Company, only Virgin has discounted a bid for the breakfast franchise.
