EMAP says that its year-end financial results – to be released on 29 May – will be in line with market expectations and that it has received a number of approaches regarding its US business, EMAP USA. The statement comes at a time when many media-related companies are issuing profits warnings and tightening belts ahead… Continue reading EMAP Receives US Approaches, Cuts Digital Spend And Sees Year-End In Line With Expectations

The Independent Television Commission (ITC) has published its new style annual report for 2000. Designed to meet the needs of the increasingly diverse structure of TV broadcasting, it also anticipates the governments new requirements in the Communications legislation (see Newsline). Introducing the report, chairman Sir Robin Biggam outlined the steps the ITC is taking to… Continue reading ITC Annual Report And Accounts 2000 Published

Outdoor advertising contractor Maiden says that it has started the year well, thanks to a growing move by advertisers toward the outdoor medium and the benefits of earlier investment. Maiden says that despite a nervous advertising environment, bookings for the first quarter are up 22% on last year and first half bookings have already reached… Continue reading Maiden’s Outdoor View Is Good

SMG yesterday acquired a further 136,000 ordinary shares in Scottish Radio Holdings (SRH), representing in total 0.4% of the company’s issued share capital. These shares were acquired at 1,365p per SRH share and represented a total consideration of £1.9 million. As a result, SMG now owns a total of 9,729,361 ordinary shares in SRH, representing… Continue reading SMG Takes Scottish Radio Interest to 29.5%

John Chambers, CEO of US technology company Cisco Systems, has warned that the economic downturn there will continue to the end of this year and maybe longer. He said that his company had just experienced the fastest deceleration period ever prior, to the issue of a profits warning recently.

Publishing company Highbury House Communications today offered a cheerful outlook for the year, saying that 49% of its budgeted advertising sales have already been achieved. The consumer and trade magazine group says that it had only a small exposure to the dotcom boom last year and so is not experiencing the downturn that many other… Continue reading Highbury House Starts Year Well

Global marketing and media communications group, Tempus, this morning said that it achieved record financial results and net new business wins during 2000. Pre-tax profit at the group grew by 29% to £21.5 million, whilst revenues rose 64% to £151.3 million. During the year Tempus secured record new business wins worth £594 million – a… Continue reading Tempus Announces Record Results And Repositions As ‘The Agency Of The Future’

Shares in Ulster Television jumped this morning as it announced a strong set of financial results and said that it expects to return to better growth in the second half of this year, following a sluggish ratings period at ITV. Ulster also said that it plans to bring its internet business into profitability in the… Continue reading Ulster Stock Rises On Positive Results

Recent forecasts from IDC suggest that Japan’s online population may grow to more that 104 million by 2005. ICD also forecast that this rise will be mainly due to the increase in mobile phones to access the net. In 2000, Japan’s internet audience stood at around 39.8 million people, just over 30% of the population,… Continue reading Japan’s Online Population Will Hit 104 Million by 2005

Regional newspaper publisher Johnston Press yesterday reported better than expected year-end financial results and offered an optimistic outlook for the coming year (see City News). This goes against the current trend of profits warnings and an advertising downturn. The Times commended the management of Johnston for the ‘sensible and limited’ way in which it has… Continue reading Johnston Press Financial Results – Reaction