The latest national newspaper readership figures, released by the National Readership Survey (NRS) today, show the majority of titles shedding readers year on year. The national newspaper sector as a whole is down by 1.3 million readers (1.8%) across the papers listed here.The Express and Sunday Express are suffering the most, with readerships dropping by… Continue reading National Newspaper NRS Round-Up – September 1999
UK commercial radio group, GWR, has spoken out against the BBC’s call for an increased subsidy for digital development. The group, which owns 37 local radio licences and Classic FM, has called on the BBC to use existing resources to fund its digital services.Responding to the Independent Review Panel into the funding of the BBC,… Continue reading GWR Group Responds To BBC Funding Panel
Radio group GWR today announced a profit of almost 10% for the six months ended 30 September. The group, which owns 37 local licences and Classic FM, reported an increase in pre-tax profits of 9.5% to £9.1 million. Turnover for the group increased by 15% to £47.5 million.During the last six months the group has… Continue reading GWR Announces Interim Profits Ahead Of Digital Launch
Shares in GWR were steady today at 446˝p as the radio group prepares to announce its interim results.Reuters continued to make gains after its recent spate of falls (see Sharewatch). Shares in the information group were up 14˝p to 580p.Shares in Pearson rose 22p to 1,389p after the media group poached ITV chief executive, Richard… Continue reading Sharewatch
Trinity Mirror has raided Virgin Net to recruit five senior staff to its ic24.co.uk internet service provider (see Mirror Launches New Free Net Access Portal). The appointments have been made by David Clarke, Trinity Mirror’s group managing director of new media, who left his post as CEO of Virgin Net in April to join ic24… Continue reading Trinity Mirror Poaches Virgin Net Staff For ic24
Richard Eyre, chief executive of the ITV Network, has been poached by international media group Pearson to head its TV division. Eyre is to become Pearson Television’s new chief executive in the new year, only two years after he took the helm at ITV. Since joining ITV Eyre has seen off the News At Ten,… Continue reading Eyre Departs ITV For Pearson Television
Shares in media group Pearson were boosted at the end of last week, just before the announcement that ITV chief executive, Richard Eyre, is to become the new chief executive of Pearson Television (see Eyre Departs ITV For Pearson Television). Pearson closed up 38p at 1,367p. At the same time time, Granada, a major ITV… Continue reading Sharewatch
Monday MediaTel’s weekly industry focus, Media Track, is featured in Campaign Media Business.Tuesday The Media Research Group (MRG) is holding an Evening Meeting to examine the issues of measuring digital television audiences. Paul Milsom from BMRB and John Clements and Dave Chilvers from Continental Research will be presenting to the group.A report will be available… Continue reading The Week Ahead
US venture capitalists, Warburg Pincus, began formal proceedings today to sell its 18% stake in Channel 5. The channel is reportedly valued at around £1 billion, making Warburg’s stake worth around £180 million. A number of media groups are expected to be interested in the stake and C5’s existing shareholders, Pearson, CLT-ufa and United News… Continue reading Warburg Pincus To Sell Stake In Channel 5
The UK’s major magazine and newspaper publishing companies are currently lining up to win a place on the council of the Audit Bureau of Circulations (ABC). The ABC is garnering votes for its bi-annual elections ahead of the group’s AGM on 2 December when the new council will be announced.Whichever groups are represented on the… Continue reading Publishers Vie For Place On ABC Council
