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Former Five chief executive, David Elstein, has succeeded in his purchase of the Hallmark Channel’s international TV operations, completing the long-rumoured deal worth an estimated £167 million.The purchase was backed by private equity group 3i and Providence Equity Partners, who reportedly put in half the money to buy the Hallmark property from Crown Media Holdings.Elstein… Continue reading Elstein Successful In Bid For Hallmark Channel

The Wireless Group has ceased discussions with chairman and chief executive, Kelvin MacKenzie, over the possibility of a shareholder buy-out of the firm by a consortium of senior management figures.The talks between MacKenzie and TWG are understood to have ended after the outspoken radio chief lost the backing of a private equity group. However, the… Continue reading Wireless Group Halts Takeover Talks With MacKenzie

Radio operator GWR has announced the launch of the UK’s first dedicated ‘chill’ digital radio format, designed to broaden listener choice, offering a relaxing and ambient 100% music service.Chill will include artists such as Moby, Zero 7, Royksopp, Air, Groove Armada and Norah Jones and will be broadcast across nine NOWdigital multiplexes serving Bristol &… Continue reading GWR To Chill With New Digital Station

GMTV will lose one of its best known faces in April as presenter Eamonn Holmes sits on the breakfast show’s famous red sofa for the final time, ending a career of more than 12 years with the broadcaster.Holmes has been the face of GMTV since it began in 1993, steering it to success and into… Continue reading Holmes Quits GMTV After More Than A Decade

The UK has experienced exceptional broadband uptake since the technology first became available to consumers, with over half the UK population having access to a high-speed internet connection, according to a new report published by internet research specialists Nielsen//NetRatings.The new data reveals that 32.3 million people have access to the internet, with the number of… Continue reading Internet Users Reach All Time High

The Sunday Times may soon undergo a partial conversion to tabloid format, if reports this morning are to be believed, with the paper understood to have produced dummy versions of tabloid travel, business, money and news review sections.The paper’s senior management team is believed to have considered overhauling all of the title’s supplements, proposing a… Continue reading Sunday Times Considers Tabloid Overhaul For Supplements

class=”article”>The Chartered Institute of Marketing is the world’s leading marketing organisation. In order to maintain that position the group’s international chairman, Paul Gostick, plans to concentrate on four key areas over the next year…Solid foundationsCIM has focussed on financial stability to create a solid platform for future progression. Our cash position is strong, cashflow is… Continue reading NewsLine Column: Pushing Marketing Forward

Mirror Group Newspapers (MGN) has promoted deputy director of advertising, Dominic Carter, to the position of director of advertising following the departure of Clare Dove from the role after just 14 months, overseeing ad sales for the company’s most high profile titles.The promotion will see 39-year old Carter take responsibility for the ad sales operations… Continue reading MGN Promotes Carter To Fill Ad Director’s Shoes

Capital Disney, the digital radio station for 8-14 year olds has announced the launch of its Most Requested Chart, giving listeners the first chart voted for purely by children who text in or vote via the website for their favourite song.The votes form both The Most Requested Chart Show, which will be broadcast every Saturday… Continue reading Capital Radio Launches Interactive Chart

The Financial Times has announced that it will publish a glossy colour supplement on the 24 February, building on last month’s male-focussed Business of Fashion supplement with a women’s edition.The supplement, entitled The Business of Fashion: Women’s Wear Spring/Summer 2005 will only be distributed in the UK and Europe and will explore issues within the… Continue reading FT To Launch Women’s Fashion Supplement