Coffee brand, Nescafé, has signed a deal with Channel 4 to sponsor its broadcast of US soap, Friends. The deal is understood to be worth £4 million and will see Nescafé appear at the opening and closing credits, as well as in the commercial breaks.The association begins on 17 June when Channel 4 begins showing… Continue reading Nescafé Signs £4m Friends Sponsorship Deal With Channel 4
Granada continued to fall back yesterday, following surge in its stock value earlier in the week when the group announced online expansion plans (see Sharewatch). The media and leisure group closed down 51p (3.9%) at 1,243p yesterday.The Daily Mail & General Trust, which admitted this week that advertising revenues on its new free London newspaper,… Continue reading Sharewatch
More Group, a subsidiary of US company Clear Channel (see More Group Urges Shareholders To Accept Clear Channel Bid), has today announced the agreed acquisition of 50.5% of France-based outdoor company Dauphin OTA for FF1.5 billion (£150 million). To facilitate a full merger between the two companies, More now intends to acquire the remaining shares… Continue reading More Group In £150m Merger With Dauphin
The rapid and constant rise of the internet has created, for publishers, a whole new editorial area for their magazine portfolios to cover. Since the Net began to take off seriously in the UK, around 1994, there have been around sixteen internet-related magazines launched. However, over half of these have since either been merged, suspended… Continue reading Haymarket’s Internet Title Joins Difficult Market
Cable telecommunications company NTL has confirmed that its digital cable television services will launch on 1 September 1999, with trials running up to that date during July and August.NTL expects to sign up 250,000 subscribers to its digital TV service by mid-2000 thanks to a bundling strategy of selling telephony, television, internet and interactive access… Continue reading NTL Aims For 250,000 Digital Subscribers By Mid-2000
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 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
