Future Banks On Games Mag Market GrowthFuture Network, the international games and specialist consumer magazine publisher, has today said that it has been encouraged by the trading of January and February this year and described the previous financial year as the most difficult in the company’s history.Future has had a very rocky ride of late,… Continue reading Future Banks On Games Mag Market Growth
The latest data from the Office of National Statistics shows that the rate of inflation fell during February, making a rise in interest rates less likely.The underlying rate of inflation, which last month slipped over the 2.5% target set by the Government, dropped back again last month, to 2.2%. The headline rate was 1%.The Retail… Continue reading Underlying Inflation Comes Back On Target
IPC has promoted its head of marketing for TV listings division IPCtx to marketing director. Jemima Ransome, who has recently led both the advertising agency and below-the-line agency pitches for the company, will now join the tx Board and take on full responsibility for marketing activity across a portfolio consisting of What’s On TV, TV… Continue reading IPCtx Makes Marketing Promotion
Peter “Baz” Bazalgette has called for the Government’s analogue switch-off target of 2006-2010 to be abandoned, claiming that it is “unrealistic and distorts policy making”. The chairman of Endemol UK and non-executive director of Channel 4, writing in today’s Guardian, added that “an early switch-off as a government objective encourages digital platform-owners to hope for… Continue reading Bazalgette Calls For End To Switch-Off Target
According to press reports this morning SMG is considering a £60 million write-down of its stake in Scottish Radio Holdings in response to pressure from its auditors. In a buoyancy market, between December 2000 and May 2001, SMG gradually increased it hold in SRH building a 29.5% stake at a cost of £147 million. Analysts… Continue reading SMG Counts The Cost Of SRH Investment
The prime mover in Rupert Murdoch’s UK satellite TV success, sports broadcasting rights, may be floundering as a must-have for TV networks as the high stakes paid during boom time take their toll on balance sheets in these advertising-challenged times. In the US, bidding wars over various league and competition rights have subsided somewhat with… Continue reading Insight Feature: Sport, Not The Draw It Used To Be?
Last week saw Granada’s chief executive Steve Morrison defending ITV from charges of “structural decline” (see Granada Chief Denies ITV’s “Structural Decline”) as concerns, in particular regarding the ITV digital platform continued. In addition, at the end of the week Granada announced that its joint venture with Littlewoods, Shop! is to close (see Granada And… Continue reading Sharewatch
Research company Taylor Nelson Sofres released full year results for 2001 this morning revealing profits up slightly ahead of expectations. Pre-tax profit was up 15% before goodwill charges rising from £37.8 million in 2000 to £43.5 million. Underlying growth was 6.1% for the year ahead of estimated market growth of 5%. Revenue Growth In Specialist… Continue reading Taylor Nelson Sofres Confident Of ‘Steady’ Growth In 2002
SMG Counts The Cost Of SRH InvestmentAccording to press reports this morning SMG is considering a £60 million write-down of its stake in Scottish Radio Holdings in response to pressure from its auditors.In a buoyancy market, between December 2000 and May 2001, SMG gradually increased it hold in SRH building a 29.5% stake at a… Continue reading SMG Counts The Cost Of SRH Investment
In results released this morning, Ulster Television plc has revealed an increase in group operating profit to £13.6m, up from £13.4m last year, despite the prevailing conditions. Overall advertising revenue for the ITV network was down by 13.5% in 2001, UTV managed a drop of just 6.1% thanks, said the company, to stringent cost-control produced… Continue reading Ulster TV Emerges Relatively Unscathed From ITV Ad Slump
