Emap and Attic Futura have announced the formation of a joint venture partnership to publish men’s lifestyle title, FHM, in Germany. The German edition will be launched in October, with an initial distribution of 500,000. International managing director of Emap, Chris Llewellyn, said of the deal: “This latest launch of FHM typifies the growing international… Continue reading Launches Brief
If you’ve ever wondered why the BBC has had to launch a national campaign to find new talent, look no further than Sky’s autumn schedule to find out where all the old talent went. Sky does not reveal how its budget compares with the BBC’s £189 million, (see BBC To Spend £189 Million On Autumn… Continue reading Terrestrial Stars Go To Sky For Autumn
Scottish Media Group has announced the resignation of its group finance director, Gary Hughes, who is to take up the same position at Emap at the end of September. George Watt, currently financial controller and treasurer, will temporarily replace him with immediate effect.Hughes had been part of the group since 1996 and had followed its… Continue reading Scottish Media Group Loses Finance Director To Emap
GWR Group announced better than expected trading patterns for the first quarter of this year. At the company’s AGM this morning chairman Henry Meakin said revenues had shown “exceptional year on year growth.”As a result the group, which owns Classic FM as well as 38 local licences, across the UK, is trading ahead of its… Continue reading GWR Group Trading Ahead Of Forecasts
The 5% fall in half year profits reported by Reed Elsevier yesterday (see Profits Fall 5% At Reed Elsevier) was not as bad as analysts had expected. As a result, shares in Reed jumped 39p to £5.66.Radio interests appeared to be good prospects during yesterday’s trading, as Scottish Radio rose 75p to end £15.02½ and… Continue reading Sharewatch
Bright Station reported good progress towards the transformation of its business in its interim results released this morning. Despite pre-tax losses of £3.2 million for the six month period to the end of June, the group, which was formed from the remaining e-commerce and web solution assets of Dialog earlier this year (see Dialog To… Continue reading Bright Station Reports Good Progress In Interim Results
High street newsagent chain WHSmith is trialling M-cast, a screen-based system for in-store promotion, in one of its London Metro stores. The system, developed by Australian company Info-Onscreen, allows stores to target consumers with offers and promotions at the point of purchase.The system uses screens placed around the store. These can either be programmed to… Continue reading WHSmith Trials In Store Screen Advertising
The Guardian Media Group has agreed to sell its remaining interest in television production company, GMG Endemol, to Telefonica. The deal, announced on Newsline yesterday (see Guardian To Sell Television Interests), will allow the company to concentrate on its newspaper, radio and internet assets.Bob Phillis, chief executive of GMG, said: “Major alliances in the US,… Continue reading GMG Confirms Sale Of Endemol
NTL reported losses of $616.5m (£410.3m) in its second quarter results today, an increase of 77% compared to the same period in 1999. However revenues have increased year-on-year to more than $3.25bn (£2.16bn) over the three-month period to the end of June, partly thanks to the acquisition of Cable & Wireless (CWC) (see Government Clears… Continue reading NTL Reports Growing Losses Despite Digital Take-Up
Reed Elsevier, the Anglo-Dutch publishing group, reported pre-tax profits down 5% at £351m in its interim results released this morning. Chief executive Crispin Davis was confident that the group’s performance was in line with targets set earlier this year, however.“In February, we laid out in some detail our strategic priorities to turn around Reed Elsevier’s… Continue reading Profits Fall 5% At Reed Elsevier
