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
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
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%
The internet magazine market gains a new entrant tomorrow when IPC Media launches Web User, a straight-talking guide to the web for beginners. It claims to have no immediate competitors due to its unique frequency for this sector – fortnightly – and its down-to-earth, no-nonsense advice.It enters the market at a time when this sector… Continue reading Feature: Internet Magazine Market Reaches Saturation Point
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 any… Continue reading Independent Reports Positive Results, But Below Expectations
The worst performer on yesterday’s FTSE 250 index was Capital Radio, which had its earnings forecast downgraded by UBS Warburg ahead of a trading statement to be released today. Shares fell a hefty £1.05, or over 10% to end at £9.10. SMG was also downgraded, leading shares to fall 4p to £2.01.Elsewhere, there was some… Continue reading Sharewatch
European free-to-air broadcaster RTL this morning said that it feels “better placed than most … to withstand the current uncertainties in advertising markets around Europe.” Nevertheless, the company warned that earnings were likely to be flat in 2001 due to the effects of restructuring Pearson Television North America and a decrease in the audience of… Continue reading RTL Says 2001 Earnings Will Be Flat In Current Ad Climate
Europeans are watching more TV than ever before according to new research published by the Media Edge. The average European watches over three hours per day, with the Italians and the Spanish watching the most at over 4 hours per day, compared to 3 hours per day in 1989 for Italians and 3½ hours per… Continue reading Research Reveals Increasing Consumption Of Media Across Europe
ABN Amro has downgraded its recommendation of European broadcaster RTL from Hold to Reduce this morning, following the release of the group’s year-end financials results (see RTL Says 2001 Earnings Will Be Flat In Current Ad Climate). The broker says: “For the first time a European broadcaster has admitted that there will be no H2… Continue reading ABN Downgrades RTL
New figures from market research group AC Nielsen show that Germany’s advertising expenditure in February was 8.8% lower than the previous year. January was 1.4% down and gross television revenues were 4.7% lower than 2000, according to an analysis of the figures by ABN Amro. The fall is mainly due to lower spend from the… Continue reading Germany Experiences Ad Downturn
