The release of Cordiant Communication’s (the global creative communications group) interim financial results revealed an increase in pre-tax profits of 31.4%, up to £11.1 million. Earnings per share have risen to 2.7p from 1.9p (a 40.2% increase at constant exchange rates) and an increase of 8.9% in revenues was reported.Michael Bungey, chief executive of Cordiant,… Continue reading Cordiant Profits Up 31.4%
On the back of yesterday’s healthy interim results, Saatchi & Saatchi’s share price rose slightly. At close of trading yesterday the company’s share price was up 1˝p to finish the day at 216˝p.BSkyB’s share price continues to drop ahead of tomorrow’s financial results. The company’s share price finished the day at 575p, a drop of… Continue reading Sharewatch
According to figures released by Zenith Media and Federation of Periodical Publishers (FIPP), expenditure within the magazine market is expected to continue increasing worldwide for 1999.In 1998 $38.2 billion was spent on advertising in magazines, a 5% increase on the amount spent in 1997, and Zenith expect there to a similar increase for 1999. Such… Continue reading Worldwide Magazine Expenditure Expected To Rise By 5%
The former editor of Adline, Tony Murray, is to launch a rival to the magazine called Marketeer. The magazine will be aimed at advertising agencies, marketing directors primarily outside the London area and will be based in the Manchester area. The intial print run of the magazine is thought to be around 20,000 copies. ITV… Continue reading Newsline Brief
Interest in Telewest’s cooled by the end of the week, with Friday’s closing price at 235źp. Telewest announced last week that it was developing a high-speed internet project in conjunction with Microsoft (see Telewest And Microsoft Confirm High-Speed Internet Service).Market expectations that the company will be recording a pre-tax loss on Wednesday, has seen BSkyB’s… Continue reading Sharewatch
Monday Saatchi & Saatchi releases interim financial results today.Tuesday Cordiant release interim results today .Wednesday BSkyB releases full year financial results, with the company expected to be in the red due to the huge investment in digital television.Friday Consumer magazine circulation figures for January-July 1999 are released by the Audit Bureau of Circulations (ABC). The… Continue reading The Week Ahead
A total of 16 new stations reported in June 1999 RAJAR figures. Of these new stations Trax FM recorded the highest Share of Listening (16.9%) and Weekly Reach (33%). Peak 107 FM had the highest Weekly Reach (‘000s) with 81,000 listeners.Subscribers can access the Radio database by selecting “Radio” from the drop-down box at the… Continue reading New Stations Reporting in June 1999 RAJAR
According to press reports, the proposed £24 digital licence outlined last week, may be ruled illegal by the European Commission. The BBC’s digital rivals are said to have taken advice about the legality of the increase, which would come into effect from next April.The final report of Gavyn Davies’ Funding Review Panel (see Digital Licence… Continue reading Broadcasters May Go To EC To Block Digital Licence
Interim financial results released today for Saatchi & Saatchi, for the six month period to June, show that the UK division of the global advertising and marketing agency has seen a rise in operating profit of 6.3%, from £3.2 million for the same period last year, to £3.4 million this time. It was announced that… Continue reading Saatchi & Saatchi Profits Up
Of the non-London local commercial stations, reporting in the latest RAJAR period, West Sound FM posted the most impressive performance with the highest shares of Listening (33.2%) and Weekly Reach (49%).Other notable performers include Orchard FM and Channel 103. Orchard FM recorded the second highest Share of Listening (30.4%) of all local commercial stations, with… Continue reading June 1999 RAJAR – Local Commercial Stations
