Tempus Group has announced pre-tax profits of £10.5m for the six months to 30 June 2000. This figure is up 42% on last year’s and caused Tempus chairman Chris Ingham to comment, “Tempus has delivered a very strong performance in the first half of 2000 and we are delighted at the progress being made across… Continue reading Tempus Group Reports Strong Performance In Interim Results
A final decision has been made on which companies will make up the core shareholders of the Digital Radio Group (DRG). Former rivals for digital multiplex licences GWR Group, The Wireless Group and SMG had already decided to team up to bid for five regional licences (see Former Rivals Team Up For Next Round Of… Continue reading Digital Radio Group Announces Final Shareholder Line-Up
On a bad day for media and technology stocks, Merrill Lynch’s faith, or rather price target, for BSkyB was raised slightly thanks to the company’s recent carriage deal with NTL (see BSkyB And NTL Strike Channel Supply Deal). Nevertheless, shares ended down 37p at £11.20.Heavier losses were seen among the telecoms companies, with Cable and… Continue reading Sharewatch
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The underlying rate of inflation in the UK has fallen to its lowest since records began to be compiled in 1975. At 1.9%, it is well below the government’s target of 2.5% and is markedly lower than last month’s figure of 2.2% (see July Sees Steadying of Inflation Rate).According to the Office of National Statistics,… Continue reading Inflation Rate Hits Record Low
BBC Worldwide is to launch a marketing campaign to promote its shopping portal, beeb.com to the ‘middle England’ market. A total of £7 million is being spent on the cross-media campaign, which is based around a prime-time TV commercial, the first showing of which will be at 6.30pm on 18 September. The TV advertising will… Continue reading Beeb.com Campaigning To Attract Reluctant Middle England Net Shoppers
Capital Radio is to extend is Century brand into the London market with the launch of a digital version of its music station on the CE digital multiplex (see Capital And EMAP Win First London Digital Licence). Century London will begin broadcasting on 21 September.The move coincides with the launch of a new image for… Continue reading Century Radio Brand Extended To London
MXR, which is in the process of bidding for regional digital radio licences (see New Digital Radio Consortium Targets Regions) is to add two new members – UBC Digital and Psion InfoMedia – to its consortium.Simon Cole, chief executive of UBC Media said, “PC penetration in the UK is amongst the highest in the world.… Continue reading MXR Consortium Joined By Psion And UBC
Month On Month National newspapers showed an slight increase in sales during August. Overall the sector rose by just 0.9% in a month on month analysis, according to the latest figures from the Audit Bureau of Circulations (ABC) with most titles showing small rises.The exception was Sport First, this month’s best performer, which increased its… Continue reading National Newspaper ABC Round-Up – August 2000
Future Network yesterday announced losses in its interim results, but at the same time announced the appointment of media mogul Rupert Murdoch’s daughter Elisabeth as a non-executive director (see Losses Mount At Future As Elisabeth Murdoch Is Appointed To Board). Shares in the company ended down 7½p at £7.20.The acquisition of a stake in Irish… Continue reading Sharewatch
