The Daily Mail & General Trust has expressed satisfaction with turnover in the first half of its current financial year but warned that the political and economic climate was fostering uncertainty in some of its markets. In a trading statement issued today, DMGT said that growth of 2.4% was achieved in the five months to… Continue reading DMGT Sends Out Mixed Messages In Trading Update
ARCHIVE ▸ The Media Leader Staff
Patricia Hodgson, chief executive of the ITC, has called on the Government to conduct an in-depth review of the ownership structure at ITN before allowing Carlton and Granada to increase their stake in the news provider. The two ITV partners are currently calling for an amendment to the Communications Bill to allow them to take… Continue reading Hodgson Calls For Review Of Ownership At ITN
After a protracted bidding process, spanning almost a year, KirchMedia is finally being sold to US media magnate Haim Saban and the Saban Group. As a first step in the deal, the two parties signed off the acquisition by Saban of a majority holding in ProSiebenSat.1, Germany’s largest free to air broadcaster. Saban is reported… Continue reading Haim Saban Agrees To Buy ProSiebenSat.1
Analysts are still unsure as to the impact that the looming conflict in the Middle East will have on the advertising world. Contrasting pronouncements allied to a ‘wait and see’ mentality have only muddied the waters and it is this general sense of uncertainty which is acting as a restraint on growth. Last week, stronger… Continue reading INSIGHTanalysis: War And The Ad Economy
Channel 4 is believed to be considering the launch of a new free-to-air digital television channel for older viewers, in an attempt to cash in on the success of the recently unveiled Freeview platform. Reports suggest that Channel 4, which already operates pay-TV channels E4 and FilmFour, is looking at the possibility of launching a… Continue reading Channel 4 Considers New Free Digital TV Offering
Online travel sales in Western Europe increased by 53% during 2002, according to the latest research from the Centre for Regional and Tourism Research. The Danish-based organisation estimates that online travel and tourism was worth â‚Ź7.3 billion last year, equivalent to 3.5% of the total market. Air tickets are by far the most popular purchase… Continue reading European Online Travel Sales Hit €7 Billion In 2002
Gerhard Zeiler, the new chief executive of RTL, today vowed not to sell Channel Five and maintained that his company remained committed to the success of the venture. Five has been a notable success story for RTL, which today announced narrowed losses for 2002 (see RTL Cuts Losses As Results Beat Expectations). The channel generated… Continue reading Five Not For Sale, Says RTL Chief
UK publishing group, Highbury House Communications, is planning to buy Cabal Communications for around £10 million, it announced this morning along with year-end financial results. Cabal, which publishes Front, The Real Homes Magazine and Procycling, was set set up in June 1998 by ex-IPC editor in chief, Sally O’Sullivan. Its Front title is ranked fifth… Continue reading Highbury House To Buy Cabal Comms, As Profits Rise 9%
Pan-European broadcaster, RTL Group, has reduced its losses from Â2.5 billion in 2001, to just Â56 million last year, according to the company’s year-end financial results released today. The results were ahead of expectations from analysts at Merrill Lynch, due to a significant outperformance in television and radio. The broker says that losses at the… Continue reading RTL Cuts Losses As Results Beat Expectations
Ulster Television has defied challenging advertising conditions to record a 3.7% rise in pre-tax profits for 2002, according to the company’s figures published today. Northern Ireland’s television broadcaster continues to outperform the likes of Carlton and Granada and ad revenues rose by 4.7% to £37.8 million against a decrease of 1% across the whole network.… Continue reading Ulster Outshines ITV Giants In Latest Results