SMG has increased its interest in Scottish Radio Holdings (SRH), by acquiring a further 5.9% of the company’s issued share capital. This follows the move just over a week ago to buy a 14.9% stake (see SMG Acquires 14.9% Stake In Scottish Radio Holdings) and brings SMG’s total holding to 20.8%.The decision to acquire the… Continue reading SMG Increases Stake In Scottish Radio Holdings
Pearson has indicated that it is defying the advertising and dotcom slump and heading for revenue and operating profit growth for the year ending 31 December. Among its success stories will be the FT’s internet enterprises, which are expected to break even two years ahead of schedule, in 2002. The second half of this year… Continue reading Pearson Heralds Revenue And Profit Growth Despite Advertising Slump
The Radio Authority has made an offer to talkSPORT regarding the terms of renewal for its national analogue licence, following talkSPORT’s commitment to digital simulcast. If the deal is accepted, Kelvin MacKenzie’s company would pay a cash bid sum per annum of £500,000 for the eight year licence compared to the £4,251,660 it pays at… Continue reading TalkSPORT Offered Licence Renewal By Radio Authority
Britain’s leading internet company, Freeserve, reported increased losses in its interim results released today. Pre-tax losses for the 12-week period to the 11 November fell to £20.5m, compared to £3.6m for the same period last year.Increased investment was to blame as the group revealed the full extent of its problems as it prepares to be… Continue reading Freeserve Reports Increased Losses Ahead Of Sale To Wanadoo
Anglo-Dutch publishing group, VNU, has announced the acquisition of US market research group, ACNielsen. The deal, worth $2.3bn, will be settled by an all cash transaction.Due for completion in the first quarter of 2001, the deal will reunite ACNielsen Corp, which tracks consumer shopping habits and box-office and internet data, with its former television-ratings division,… Continue reading VNU In $2.3bn Deal To Buy ACNielsen
BT has announced details of the launch of its unmetered internet access package. BTinternet Anytime will be available from January for a flat rate of £14.99 per month.The group is to open up its flat-rate circuit (FRIACO) to rivals in January and the launch of Anytime will coincide with similar packages from AOL and Freeserve.… Continue reading BT Unveils FRIACO-based Unmetered Access Package
Pearson has indicated that it is defying the advertising and dotcom slump and heading for revenue and operating profit growth for the year ending 31 December. Among its success stories will be the FT’s internet enterprises, which are expected to break even two years ahead of schedule, in 2002. The second half of this year… Continue reading Pearson Heralds Revenue And Profit Growth Despite Advertising Slump
Despite the investment made in launching sites for women on the web recently, (see Feature: Publishers Bring Women’s Sites Into Focus) only one women’s portal, handbag.com made it into the top ten sites for UK women during November.According to the research by Jupiter MMXI, women are more drawn to the retail possibilities of the web,… Continue reading Shopping Sites Dominate UK Women’s Top Web Destinations
Anglo-Dutch publishing group, VNU, has announced the acquisition of US market research group, ACNielsen. The deal, worth $2.3bn, will be settled by an all cash transaction. Due for completion in the first quarter of 2001, the deal will reunite ACNielsen Corp, which tracks consumer shopping habits and box-office and internet data, with its former television-ratings… Continue reading VNU In $2.3bn Deal To Buy ACNielsen
Confidence in TMT shares took a dip towards the end of last week, following a profits warning from Microsoft. Friday’s casualties included Emap, which ended down 5.6% at £7.76, having dropped 46p, Bright Station, down 2½p at 31½p, a fall of 7.4% and WPP, which fell 54p to £8.26.United News & Media has been renamed… Continue reading Sharewatch
