Newspaper publisher, Trinity Mirror, is expected to announce pre-tax profits of up to £200 million for 2004, compared to £172.5 million in 2003. This total is in line with previous predictions by Trinity, after releasing a very positive trading update of its expected results for 2004 in December, revealing strong growth in all of the… Continue reading Trinity Set To Reveal £200 Million Profit For 2004
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Newspaper publisher, Pearson, has announced the departure of its chairman, Lord Dennis Stevenson, who is set to retire after nearly 20 years heading the company.The company’s adjusted pre-tax profits fell from £410 million in 2003 to £386 million in 2004, with the company citing a decline at its book publishing arm, Penguin, as the main… Continue reading Pearson Papers In The Pink As Stevenson Steps Down
Channel 4 has announced that its latest digital channel, More4, will launch in October this year, providing documentaries, daily news and current affairs in a format “more accessible and down to earth” than rival BBC4.Outlining its plans for the year in its programme policy for 2005-06, the broadcaster announced a launch budget of “around £30… Continue reading Channel 4 Sets Autumn Date For More4 Launch
AMS Media Group has become the seventeenth London-based agency to subscribe to J-ET, the UK radio industry’s online trading system which handles over 80% of all national radio revenue, and is used by all the major radio companies.J-ET is owned by the Institute Of Practitioners in Advertising (IPA) and the Commercial Radio Companies Association (CRCA)… Continue reading J-ET Expands With AMS Media Group Signing
Flextech-owned games channel, Challenge, has signed two exclusive agreements with Camelot to provide coverage of the National Lottery Daily Play Live Draw and a series of mini-programmes scheduled across the channel during peak times.The move will mark the first television broadcast of the Daily Play draw, with Challenge broadcasting the event six days a week… Continue reading Ad-Funded TV Sees Challenge Provide Lottery Coverage
Media owners are missing out on a huge opportunity to interact and talk to consumers on the internet, according to Adam Freeman, head of commercial development at Guardian Unlimited. Speaking at Admap and the World Advertising Research Centre’s Sponsorship and Marketing Conference in London yesterday, Freeman pointed out the benefits of this vast medium for… Continue reading The Rise Of Online Sponsorship
Global advertising company, WPP has announced a 15% increase in profits for 2004 to £546 million, reflecting the continued recovery of the advertising market.The second largest advertising company in the world, reported that revenue was up almost 5% to £4.3 million for last year, and that diluted earnings per share rose by over 11% to… Continue reading WPP Sees Profits Rise As Market Recovers
UK TV revenue is predicted to grow by 4% year on year in 2005, according to forecasts released by media consultancy agency, Billetts. Billetts predicts television’s strong revenue growth in 2005 to be fuelled by Channel 4 and interactive revenue sales. Commercial audiences are expected to rise by 3%, led by rising multi-channel penetration. This… Continue reading Billetts Predicts TV Revenue To Lead 2005
Jeff Henry, UK chief executive of Hallmark TV, has left the channel after its purchase by a conglomerate group led by former chief executive of Five, David Elstein.The deal, said to be worth £127 million, saw private equity groups 3i and Providence Equity Partners back Elstein’s acquisition of the Hallmark Channel’s international operations earlier this… Continue reading Hallmark Loses Chief Exec Following Elstein Takeover
Global advertising company, WPP has announced a 15% increase in profits for 2004 to £546 million, reflecting the continued recovery of the advertising market. The second largest advertising company in the world, reported that revenue was up almost 5% to £4.3 million for last year, and that diluted earnings per share rose by over 11%… Continue reading WPP Reports Good 2004
