Crunch time nears for the television gamblers
Article Abstract:
Shares in ITV companies will rise dramatically in value if the UK government agrees to a reduction in the levies which they pay to the Treasury. Companies which had to make very high bids in the ITV licence auction in 1993 will be keen to renew their licences as quickly as possible, hoping to benefit from a large discount. Those which paid a very low price for their licences will be happy to wait until the end of 2002, the theoretical end of the licence period, before renewing. The Independent Television Commission has indicated that it will look favourably on companies seeking to reduce their fees.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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The talk of the town
Article Abstract:
The UK Radio Authority received 25 applications for the last available FM licence for Greater London. The leading contenders include The Edge, which is backed by actor Michael Caine and by Radio 1 DJ Chris Evan's Ginger Group, and XFM, which has made a bid partly underwritten by concert promoter Harvey Goldsmith. Bids have also been made for a specialist business and sports station, a rock station, a children's station and an alternative music station.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1997
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Lebanon pulls plug on rampant 'coat-hanger' piracy
Article Abstract:
The Lebanese government is looking to take firm action against the country's growing problem of broadcasting piracy. It has recently approved four national broadcasting licences, and has banned more than 100 illegal radio stations and 38-57 pirate television stations. Each of the country's main religious and political factions will be permitted to share in broadcasting output.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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