National newspapers May sales figures, released by the Audit Bureau of Circulations (ABC) today, show that the majority of titles failed to display any significant sales growth month on month. As a whole, the national newspaper market dropped 0.3% of its net sales between April and May, an actual decrease of 79,542. The News of… Continue reading National Newspaper ABC Round-Up – May 1999
The Bank of England has cut interest rates by a quarter point to 5%. After keeping rates unchanged at its last meeting in May (see Newsline), the bank’s Monetary Policy Committee (MPC) decided that low inflation allowed it to give the UK economy another boost.
The Daily Mail & General Trust (DMGT), owner of the Mail and Evening Standard newspapers, has this morning reported an increase in pre-tax profit of 11.8% to £83.4 million. For the six months ended 4 April 1999, turnover at the group was up by 14.7% to £754.1 million.The group’s Associated Newspapers division reports a strong… Continue reading Strong Newspaper Revenues Aid DMGT Profits
Media and leisure group Granada dropped 21p yesterday to 1,294p. The group reported double digit earnings in its first half results, and expects higher growth in the second half of the year (see Newsline).Bristol United Press (BUP) enjoyed a rise of 15p to 517˝p after reporting a 26% increase in operating profit to £14.3 million… Continue reading Sharewatch
Beeb.com, the BBC’s commercial web service, has joined forces with Scottish Telecom to provide a free ISP called FreeBeeb.net. The service is to be available from the summer, and will enable users to gain free access to the internet and email.Scottish telecom, which owns Demon Net, will provide the technology and infrastructure behind the web… Continue reading Beeb Joins Up With Scottish Telecom To Launch Free ISP
Latest data from the Cinema Advertising Association (CAA) shows that April 1999 admissions were down 17.5% year on year, from 12.1 million to 10.0 million. However, this is slightly higher than March’s 9.9 million admissions. Average weekly admissions for April were 2.34 million, according to the CAA.The most popular film in April was The Rugrats… Continue reading April Cinema Admissions Down 17.5% Year On Year
The radio stations Key 103 and Magic 1152 have attracted complaints in the Advertising Standards Authority’s latest bulletin.A poster campaign for the Emap Radio-owned stations featured the heads of the footballers Jamie Redknapp and David Beckham superimposed on to very muscular bodies. Redknapp’s solicitors complained that the posters implied that Jamie endorsed the radio stations,… Continue reading Emap Radio Ads Get Thumbs Down From Advertising Watchdog
The advertising and marketing group WPP has acquired NoHo Digital (ND), the UK new media agency. ND will be combined with one of WPP’s subsidiaries – OgilvyOne. The founder of Noho Digital, Tim Carrigan, will oversee the merger of ND with OgilvyInteractive, and the resulting company will have combined revenues of £1.5 million.WPP has also… Continue reading WPP Purchases New Media Agency
Granada has issued results for the six months until 27 March 1999 today, with pre-tax profit increasing 15% to £315 million. The group, which has interests in both media and leisure, also reported a 6% increase in turnover to £1.98 billion. Overall, diluted earnings per share for the group were up by 14% to 23.8p… Continue reading Granada Reports Double Digit Earnings Growth In First Half Results
Bristol United Press (BUP), publisher of Bristol Evening Post, has released its results for the year ended 31 March 1999. The group reported a 26% increase in operating profit to £14.3 million (1998: £11.3 million), and pre-tax profit was up by 16.2% to £16.8 million.BUP underwent some reshaping last year, when it disposed of its… Continue reading Bristol Press Increases Profit To £14 Million
