Capital Radio has said that it expects its radio revenues to decline by 3% in the three months to March 2003, following a 6% drop in the final quarter of last year.The group said in a trading statement this morning that the figures will result in a 5% decline in advertising revenues for the six… Continue reading Capital Sees Revenues Down 5% In First Half
NatMags’ fledgling teen title, CosmoGIRL!, is relaunching with a series of new editorial features and the handbag-sized format made popular by Condé Nast’s Glamour.The newly re-sized teen title will debut this May, with a free covermounted black or khaki bag for each reader. The move, instigated by publishing director Jan Adcock and editor Ceilia Duncan,… Continue reading CosmoGIRL! Relaunches With New Handbag Size
The number of digital television households worldwide is set to rise by almost 20% this year, according to the TV International Sourcebook 2003 from Informa Media Group.Also On MediaTel Insight Today…Independent News Sells UK Regional Papers To NewsquestIndependent News & Media (INM) is selling its UK regional newspaper assets to Newsquest for £60 million, the… Continue reading MediaTel Insight: Digital TV Now Welcome In More Homes
German media corporation Bertelsmann yesterday announced a 63% increase in earnings for 2002 but profits slipped as a result of the costly acquisition of record label Zomba. According to its annual report, net income at Bertelsmann fell to €928 million from €1.24 billion in 2001. This came despite an rise in operating EBITA from €573… Continue reading Bertelsmann Sees Earnings Jump In 2002
Cable & Wireless, the troubled UK telecoms firm, appears to have averted a crisis after agreeing a deal with the Inland Revenue that will settle a £1.5 billion tax dispute. According to a statement, C&W will pay £380 million to the Revenue to cover outstanding corporation tax liabilities for the ten years to March 31… Continue reading C&W Settles Tax Dispute With Revenue
Capital Radio has said that it expects its radio revenues to decline by 3% in the three months to March 2003, following a 6% drop in the final quarter of last year (see Capital Radio Ad Revenue Falls 6% In Q4 2002). The group said in a trading statement this morning that the figures will… Continue reading Capital Sees Revenues Down 5% In First Half
Independent News & Media (INM) has this morning posted a positive set of financial results for 2002, with like for like pre-tax profits rising by 8% to €129.0 million. The group, which publishes the Independent in the UK, said that overall newspaper revenues were up 0.7% in constant currencies, but down 3.2% in real terms… Continue reading INM Profits Rise 8%, Confident Outlook For 2003
Independent News & Media (INM) is selling its UK regional newspaper assets to Newsquest for £60 million, the group announced along with its financial results this morning. INM, publisher of the Independent national paper in the UK, has reached an agreement with Newsquest’s US parent, Gannett, to sell the 29 paid-for and 16 free weekly… Continue reading Independent News Sells UK Regional Papers To Newsquest
Influential Labour peer, Lord Puttnam, is believed to have warned the Government that he intends to lead a rebellion of peers opposed to the liberalisation of the cross-media ownership regulations. It is understood that in a speech during the second reading of the Communications Bill in the House of Lords, Puttnam said the Bill contained… Continue reading Puttnam To Lead Media Ownership Rebellion
The BBC looks set to take its dispute with BSkyB over a satellite broadcasting deal to the regulators after talks between the two broadcasting giants collapsed last week. BBC recently announced its intention to withdraw from the BSkyB service to begin broadcasting to Sky’s 6.6 million viewers from a different satellite, in a move that… Continue reading BBC And BSkyB Set To Take Digital Disagreement To ITC
