Channel 4 has revealed its schedule line-up for the Spring and Summer. Last summer’s success story, Big Brother, will be hard to match, and as expected the series is returning with a new set of housemates ready to bare all in the quest for fame and fortune. Among other programmes set to reappear during the… Continue reading Channel 4 Includes Big Brother 2 In Spring/Summer Line-Up
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
A new study by the Innovation International Media Consulting Group for the World Association of Newspapers (WAN) claims that newspapers which take their classified advertising onto the Web do not lose print revenues. The study looked at online classified advertising predicted that for the foreseeable future, print classified will remain a mainstay of the newspapers’… Continue reading Newspapers Are Not Suffering Due To Online Classifieds
Confidence in TMT stocks took a dive once again yesterday, with the majority of media stocks falling in value. Reuters was particularly affected by concerns about the US economy and ended down £1.05 at £8.27.Johnston Press turned in healthy full year results yesterday (see Johnston Press Reports Pre-Tax Profit Up 20%), but investors were unmoved,… Continue reading Sharewatch
SMG has increased its interest in Scottish Radio Holdings (SRH) once again, this time acquiring a further 150,600 shares in the company – equivalent to a 0.5% stake. The £2.3 million deal values SRH shares at 1,495p and takes SMG’s holding to 28.5%.
Adam Singer, chief executive of cable company Telewest Communications, this morning described events in the last twelve months as the business equivalent of ‘changing jobs, getting married and giving birth all in one year.’ He was referring to Telewest’s move from analogue to digital, the merger with Flextech and the roll-out of its unmetered high-speed… Continue reading Telewest Chief Sees Rosy Future Despite £701m Losses
Penetration of broadband services reached 26.5% by October 2000, up 1.4 percentage points. The year was marked by a period of consolidation within the industry as the field was narrowed to just two contenders: NTL and Telewest Communications.NTL’s £8bn merger with Cable & Wireless Communications (see NTL Spends £8.2bn On Cable & Wireless Communications) was… Continue reading Annual Cable & Satellite Round-Up – 2000
Capital Radio is expecting half year revenue increases to fall below the expectations indicated in its AGM trading statement at the end of January. The prediction was made in a pre-closed period trading statement issued today in respect of the six months ended 31 March and comes as a consequence of the slowdown in the… Continue reading Capital Shares Plummet As Trading Statement Warns Of Half Year Revenue Below Expectations
Adam Singer, chief executive of cable company Telewest Communications, this morning described events in the last twelve months as the business equivalent of ‘changing jobs, getting married and giving birth all in one year.’ He was referring to Telewest’s move from analogue to digital, the merger with Flextech and the roll-out of its unmetered high-speed… Continue reading Telewest Chief Sees Rosy Future Despite £701m Losses
International media group Independent News & Media (INM) has this morning reported a pre-tax profit increase of 13% to €155 million for 2000. This is slightly below most analysts’ expectations and has caused the shares to drop during trading today. Executive chairman Anthony O’Reilly said that it is too early in the year to make… Continue reading Independent Reports Positive Results, But Below Expectations
