Allied-Lyons has centralised all of its TV, press and radio buying, worth £45m, through Zenith Media. The move creates one of the UK’s largest centralised media buying accounts and comes in the same week that Saatchis is expected to announce a net loss in profits when preliminary results are released tomorrow. Allied-Lyons is also centralising… Continue reading Allied-Lyons Centralises Media
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The Irish Times has announced a profit of £IR3.6m for its trading year 1989. The increase is mainly attributed to a large increase in property and appointment advertising.Hot Press, Ireland’s long established music publication with a circulation of 19,000, has appointed Newspaper Representations (071-831 8864) to handle UK advertising sales.Nni Advertising PrizeThe National Newspapers of… Continue reading Irish Times Profits
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.
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.
More than 200 staff at the British Satellite Broadcasting customer services centre in Leeds are being made redundant. BSkyB will only require limited services from the centre, as a similar operation has also been inherited from Sky. The number of redundancies resulting from the merger is now thought to total around 650.
Hamfield Publications has confirmed the launch of a national paid-for listings title, TV Plus, next March. It will replace Plus,the free title distributed with regional newspapers. The final issue of Plus appears on December 5. The new title is to be a derivation of Plus and is to be edited by Gillian De Bono. Four… Continue reading TV Plus To Replace Plus
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