In the eye of a media revolution
Article Abstract:
Latest media developments will inevitably affect policies at Channel 4, according to chief executive Michael Grade. The company will have to focus on its strongest areas, and will remain committed to the UK film industry. He has become particularly well known for his strong opposition to the 'funding formula,' under which Channel 4 has had to make payments amounting to 169 million pounds sterling to ITV.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1996
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Huge is best in the media ocean
Article Abstract:
The recent purchases of ABC by Disney and of CBS by Westinghouse highlight the strong trend towards the creation of extremely large media concerns in the US. This could be taken even further if Turner is purchased by Time Warner, as seems possible. This has caused considerable shock among media industry experts, who have always seen Ted Turner as a strong, influential and independent entrepreneur.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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Media giants discuss $8bn sale
Article Abstract:
Time Warner has made an $8 billion offer for all the shares in Turner Broadcasting System (TBS), the entertainment concern created by Ted Turner. The move would create the largest entertainment concern in the world, and a deal could be agreed very shortly. The merged operation would have revenues of almost $18 billion.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1995
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