World Service bid falls L20m short

Article Abstract:

BBC World Service has been awarded a total 30 million pounds sterling increase in grant-in-aid funding for three years by the Foreign & Commonwealth Office. The grant was 20 million pounds sterling less than World Service managing director Sam Younger has requested. The shortfall might pressure World Service to close some of its foreign language radio stations. The funding that calls for an increase by five million pounds sterling to World Service's 161-million-pounds-sterling funding for 1998 to 1999, by 10 million pounds sterling in 1999 to 2000, and by 15 million pounds sterling in 2000 to 2001, will be used in the firm's investments in television and the Internet.

Comment:

Is awarded a total GBP30 mil increase in grant-in-aid funding for 3 yrs by Foreign & Commonwealth Office

On-Line Information Services, Videotex & Teletext, Receipt of funds, Internet services, British Broadcasting Corp. BBC World Service

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Reuters and ITN agree on archive deal

Article Abstract:

Reuters Television has signed a five-year deal to join forces with ITN in marketing their complete film and video archive, which contains almost 100,000 hours of video footage from 1896 to the current year. Reuters will transfer 30,000 footage materials from its storage facility in west London, UK, to ITN's archive facility in Gray Inn Road. Under the agreement, which will establish an archive that will be ranked as one of the best resources in the globe, ITN will have the responsibility of selling and managing the combined archives of the two news organizations.

Comment:

Signs a five-year deal to join forces with Reuters Television in marketing their complete film and video archive

Strategic alliances, ITN, Reuters Group PLC. Reuters Television

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