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
ITV took 31.2% of television viewing in the year to 30 September 1999, whilst BBC1’s share came in at 28.6%, according to figures just released by the Independent Television Commission (ITC). Channel 4’s share came in at 9.9%, just behind BBC2 with 10.9%. Channel 5 broke the five percent barrier with a 5.2% share of… Continue reading ITV Takes Majority Viewing Share In Last Year
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
Film 4 is celebrating its first anniversary next week with the launch of a magazine for subscribers to its film channel. Film Four is to be published by Zone and contains listings for two months, interviews and information and four pages of advertising. It will be distributed free to the channel’s 160,000 subscribers. A new… Continue reading New Magazine Launches
Chief executive of Channel 5, David Elstein, and ITV’s commercial director, John Hardie, have been tipped as likely contenders for the position of chief executive of ITV when the post is vacated next year by current chief Richard Eyre. It was announced at the weekend that Eyre is moving over to media group Pearson to… Continue reading Hardie And Elstein Tipped As Possible ITV Chief Candidates
