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
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
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
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
The board of United News and Media (UNM) has decided to exercise the option in its merger agreement with Granada Media which allows it to receive 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 that if it took the… Continue reading United News and Media Announces Intention To Repurchase Shares
Daily Mail & General Trust has reported a 7% dip in pre-tax profits during 2000. The group said increased expansion costs were to blame for the drop, as profits fell to £191m for the 12 month period to 1 October, compared to £205m for the same period last year.Investment costs reached £69m across the period,… Continue reading Expansion Of Metro Eats Into Profit At DMGT
As the industry continued to react to the Communications White Paper (see Industry Gives Cautious Welcome To White Paper) the reaction on the stock market was mixed.Capital Radio was downgraded by some analysts, in the face of uncertain legislation about radio ownership restrictions. As a result, shares fell £1.20 in value, ending at £12.00.More favour… Continue reading Sharewatch
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… Continue reading Natmags Enters Wedding Sector With Acquisition Of AIM
IPC has released results for the year which has seen a revival of the past – in the form of the Nova relaunch and an embracing of the future with the success of digital brand unmissabletv Profit before tax for the company, which introduced a new, brand-focussed strategy in June, reached £15.1m, compared to a… Continue reading IPC Announces More New Media Investment And NTL Deal For Unmissabletv
