The Week: City news - Virgin Radio sale on hold
07 Dec 2007
SMG has arranged a new five-year £90 million loan from Halifax/Bank of Scotland that will enable it to postpone the sale of Virgin Radio.
LONDON - City AM, the free business daily, has secured a deal for fund manager Lyxor Asset...campaign, which is running across the Financial Times, Bloomberg and taxis around the city airport and the square mile. This is the first time City AM has sold its entire inventory to just one client. Nick Saw, media planning director at Lyxor s agency The Gate, said: City AM gives Lyxor the creative flexibility ...
SMG has arranged a new five-year £90 million loan from Halifax/Bank of Scotland that will enable it to postpone the sale of Virgin Radio.
The sale of Emap's business-to-business division may fetch less than its £1.3 billion price tag because of unforeseen expenses, according to a report in The Sunday Telegraph.
Setanta Sports has raised £90 million by issuing shares to the private equity companies Doughty Hanson and Balderton Capital and the investment bank Goldman Sachs, after it acquired the rights to broadcast the England football team's away World Cup qualifiers.
Trinity Mirror recorded marginal growth of 0.1 per cent in its group advertising results for the ten months up to the end of October, bringing its 2007 performance in line with expectations. Ad revenues across its regional titles fell by 1 per cent, while the national division increased by 0.9 per cent...
Denis O'Brien, an 11 per cent shareholder in Independent News & Media, has renewed his call for the company to sell The Independent and demanded the resignation of Sir Anthony O'Reilly as chief executive.
Haymarket's Eve magazine has launched a Mexican version, the latest of three international editions to take the women's title to a global audience.
more cities in the Middle East within the next 12 months. Metro said it was currently in talks ... cities it was looking at. However, the paper said it did need to iron out a few problems ...
newspaper City AM, the first the paper has run....The ad, bought by media agency MindShare, is targeting the paper s city readers with its own ... . Lawson Muncaster, City AM managing director, said: City AM attracts numerous quality brands from all business sectors aiming to communicate with City AM s unique audience. The Times is one of these brands ...
Virgin Media added 13,000 customers in the third quarter of 2007, but suffered a £61 million loss - an improvement on the £96 million loss it posted a year ago.