GWR makes move on London

GWR makes move on London

Radio group GWR is taking a 31 per cent stake in the new company London

News Radio Limited (LNRL) which is acquiring London Radio Services,

operator of News 97.3 FM and News Talk 1152 AM.

New acquisitions for Pearson

Pearson is acquiring HarperCollins Educational Publishing, part of the

HarperCollins Publishing Group for dollars 588 million (pounds 377m).

Pearson subsidiary Future Publishing has bought consumer PC title PC

Review from Emap Images.

Emap does Latin American deal

Emap Computing has bought the fortnightly global telecommunications

magazine Communications Week International and its sister quarterly

Spanish language title Communications Week International Latinoamerica

from US hi-tech magazine publisher CMP Publications.

UK viewers almost the tops

UK television viewers are second only to Turkey in the number of hours

of TV they watch, according to a global research study by the Discovery

Channel. The survey, which questioned 40,000 people in 41 countries,

found that Italians watch the least TV.

Max Power goes into top gear

Emap’s Max Power has sped past BBC Magazine’s Top Gear in the latest

round of ABCs to become Britain’s biggest-selling monthly motoring

title. Sales leapt 43 per cent year-on-year to 160,461.

Conde Nast’s German link

Conde Nast is to launch a bi-monthly German edition of its magazine

Architectural Digest in January 1997.

Channel 4 to shell out pounds 74m

The ITC has ordered Channel 4 to pay pounds 74 million to the ITV

companies under the funding formula laid out in the 1990 Broadcasting

Act. When Channel 4 revenue exceeds 14 per cent of the total terrestrial

TV revenue, 50 per cent of the surplus must go to ITV.

Cramer heads for CNN

BBC head of news gathering Chris Cramer has been appointed vice

president and managing director of CNN International, based in Atlanta.

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