Attic Futura is set to launch a teen entertainment magazine based around SM:TV/CD:UK, ITV’s Saturday morning show hosted by Ant and Dec. Called CD:UK, it will launch in February priced £1.80 and targeting a core audience of 14 year old girls, setting it in competition with Top of the Pops, Smash Hits and Live &… Continue reading Launches And Closures
The Radio Authority has announced the award of two digital licences for the North Eastern Area. It has been confirmed that sole applicant Emap Digital Radio has been awarded the licence for Humberside (see Emap Bags Humberside Digital Licence), while the MXR consortium has won the North East region licence, with a proposal including the… Continue reading Radio Authority Dishes Out Digital Licences In North East
Daily Mail & General Trust released full year results yesterday which were lower than some analysts had hoped for (see Expansion Of Metro Eats Into Profit At DMGT). As a consequence, shares in the company lost 57p to end at £8.28.United News & Media has predicted better news for its full year balance sheet. Having… Continue reading Sharewatch
Daily Mail & General Trust has reported a 7% dip in pre-tax profits during 2000 to £191.5 million. The group said increased expansion costs were to blame for the fall from £205.0 million for the same period last year. Turnover was up 15% at £1.9 billion and operating profit rose 23% to £311.5 million. The… Continue reading Expansion Of Metro Eats Into Profit At DMGT
Northern & Shell, the new owner of Express Newspapers, has sold the group’s internet sites for a nominal fee. The ownership of the sites – which include Express.co.uk, Sportlive.co.uk and Allaboutparents.com – has been transferred to stockbroker Seymour Pierce for £1. The move is part of a series of cost-cutting moves by Northern & Shell… Continue reading Desmond Pulls The Plug On Express Websites
Bruce Haines, chairman of Leagas Delaney, has been nominated to replace Rupert Howell as President of the Institute of Practitioners in Advertising (IPA) from April 2001. The formal election process will take place at the same time as elections of IPA officers at the AGM on 24 April 2001. Each year one third of IPA… Continue reading Appointments Brief
The board of United News and Media (UNM) has decided to exercise the option in its merger agreement with Granada Media (see Granada Takes Control Of ITV) which allows it to recieve cash of £1,250m instead of Granada Media shares as the balance of consideration for UNM’s ITV and related assets.In September the company announced… Continue reading United News and Media Announces Intention To Repurchase Shares
United News and Media has announced that its profits for the year are likely to be in line with expectations, thanks in part to the disposal of £3.25bn of its consumer media assets. As a result it has confirmed that the company will be renamed United Business Media from Monday 18 December, and will restructure… Continue reading United News And Media Predicts Profits In Line With Expectations, Confirms Name Change
IPC is to close the doors on its 73 year old NME and on nme.com.The news comes just a week after Emap announced the closure of Select magazine, as changing music tastes take their toll on the indie magazine market (see Melody Maker‘s circulation has dipped to a point where we could also not sustain… Continue reading IPC To Close Melody Maker
Natmags has announced that it has taken a dominant equity share in AIM Publications, the UK’s leading publisher of wedding magazines. The publisher of Cosmo will add You & Your Wedding, Bride & Groom and the recently-launched London Wedding to its list of titles. The business will be renamed Natmag Specialist Media (AIM) and will… Continue reading Natmags Enters Wedding Sector With Acquisition Of AIM
