UK newspaper stocks were firmer in an otherwise weak market after Rupert Murdoch said yesterday (Tuesday) that the cost of newsprint could begin to force up cover prices – signalling a possible end to the newspaper price war.
The Scott Trust selection committee has shortlisted 11 journalists for the position of editor of The Observer.
The Times advertisement manager Trevor Pryer has been appointed ad manager at The Sunday Times. He is replaced by The Times head of international sales Simon Jones.
The British Media Industry Group has delayed its cross-media ownership presentation to the Department of National Heritage to revise its findings on the measurement of ownership.
The Government has cleared Mirror Group’s purchase of a 19.9 per cent stake in STV.
The European has begun a £1m promotional campaign through Collett Dickenson Pearce for its new colour supplement, launching this week.
Commercial radio attracted total revenue of £219.7m last year, up 23.2 per cent year-on-year, the Radio Advertising Bureau confirmed this week.
QVC, the home shopping channel, has denied it will withdraw from the Sky Multi-Channels package, although it will soon be available to non-SMC subscribers with a Videocrypt receiver.
UK satellite dish ownership grew by 52,000 in November to 2,861,000, according to the latest figures from GfK Marketing Services.
The Guardian Media Group has appointed a team led by deputy ad director Carolyn McCall to handle ad sales for the spring launch of Wired.
Jon Marchant, former commercial director at Granada TV, is joining Sponsorvision as development director.
Ford was the first advertiser on BBC World.
VNU has acquired BusinessAge, the magazine published and edited by Tom Rubython.
The Traditional relationship between women and their magazines has irrevocably changed, Channel 4 will claim at its seminar, Talking to Women, on Friday.