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
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
Scottish Media Group (SMG) has once again increased its stake in Scottish Radio Holdings (SRH) with the acquisition of 150,600 shares, representing 0.5% of the company’s issued share capital, for £2.3m.This is the latest in a series of purchases of SRH stock which began last December (see SMG Builds Scottish Radio Stake To 27.7%) and… Continue reading Scottish Media Group Makes Further SRH Acquisition
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%.
The national press market continued to decline during 2000 with overall circulation down 1.3% and readership slipping 5.5%. The popular papers were the worst affected by circulation falls while quality titles took the brunt of the fall in readership.Popular Sunday papers suffered the worst circulation falls over the year, losing 3.4% of average annual sales… Continue reading National Press Market Round-Up – 2000
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
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
Johnston Press has released financial results for the year ended 31 December 2000 which show profit before tax up 20.9% at £66.5m. Operating profit was up by 27.3% from £65.9m in 1999 to £83.9m.Chairman Fred Johnston acknowledged the transatlantic economic slowdown and problems in the technology sector, but said that the current year had begun… Continue reading Johnston Press Reports Pre-Tax Profit Up 20%
