Scottish Media Group climbed 15˝p to £12.47˝ after reporting pre-tax reports of £50 million in its annual results. The group also announced plans to spend £10 million on its web strategy over the next 18 months (see Scottish Media To Spend £10m On Web Plans).SMG’s major shareholder, Flextech, slumped however, with shares falling 168p to… Continue reading Sharewatch
IPC Music & Sport is to launch an internet microsite for its music magazine, Melody Maker. The magazine group is to continue its promotion of the magazine, which was revamped last year (see Melody Maker Unveils Radical New Look), with the launch of the site.Located on the website of its sister publication, nme.com, the site… Continue reading Melody Maker To Launch On The Internet
Digital terrestrial broadcaster ONdigital will have more sport content than any other television platform when it launches two new sports channels next week. From 29 February ONsport1 and ONSport2 will begin broadcasting, bringing the total to six sports channels carried on the service.Available only to ONdigital subscribers, ONsport 1 and 2 will kick off with… Continue reading New Channels Give ONdigital’s Sports Coverage Top Place
Upmarket men’s magazine Esquire is set to launch a spin-off sports title called Esquire Sports Quarterly, or ESQ, in June this year. The title has been developed as part of Esquire publisher National Magazine Company’s plans to concentrate on the development of its ‘masterbrands’.NatMags has instigated a policy to concentrate on the company’s key brands… Continue reading Esquire To Launch Spin-Off Sports Quarterly As Editor Continues Rebrand
E-commerce has boomed in the last 12 months, according to a report by BRMB International. A three-fold increase in the number of online shoppers and a four-fold increase in spend has been reported despite the fact that the percentage of people who worry about credit card fraud has remained static since last year.A year ago… Continue reading E-commerce Boom Continues, Says BRMB International
The chief executive of British Sky Broadcasting, Tony Ball, issued a statement today on the Government’s decision not to proceed with a digital poll tax (see BBC Digital Licence Fee Plans Rejected). He welcomed the news but called for greater scrutiny of the Corporation’s operations.“This is still a huge pay day for the BBC. Despite… Continue reading BSkyB Welcomes Digital Licence Fee Decision
The government has rejected plans for the introduction of an extra charge to the licence fee to fund the BBC’s digital television plans, but has announced instead an across the board £3 increase to the licence fee.From 1 April the current television licence will rise to £104 which is equal to an increase of 1.5%… Continue reading BBC Digital Licence Fee Plans Rejected
Scottish Media Group has become the latest company to unveil its internet strategy when it announced plans today to spend £10 million on the web. Reporting its year-end results today the group, which owns Grampian TV and the Glasgow Herald, said that the money will be spent increasing its online presence over the next 18… Continue reading Scottish Media To Spend £10m On Web Plans
The Daily Mail & General Trust issued a share split yesterday at a ratio of 4:1. Peter Williams, finance director at the group, said that the stock was trading at too heavy a price. Prices closed yesterday at £11.25.Shares in BSkyB took a tumble, falling 133˝p to £15.96˝. The group welcomed the Government’s decision not… Continue reading Sharewatch
It is understood that the bidding for Trinity Mirror’s Belfast Telegraph newspaper has been reduced to just three suitors – Guardian Media Group, US group Gannett and Independent News & Media. According to a report in this morning’s Times, other possible bids by Regional Independent Media and a management team appear to be out of… Continue reading Final Three Suitors Line Up For Belfast Telegraph
