Johnston Press released its financial results for 1998 today, and recorded an increase in pre-tax profit of 33%, rising to £45.9 million. Headline earnings per share were 15.73p ( a rise of 20%), and the group saw advertising revenue rise by 7% throughout the year.Johnston Press bought eight titles from Eastern Counties towards the end… Continue reading Johnston Press Reports 33% Rise In Pre-Tax Profit
Johnston Press, which reported its financial results today (see Newsline), closed with its share price at 277˝p yesterday, although today, the publisher’s stock had risen by 1˝p to 279p by 11:30am.Reports in this weekend’s press claimed that ONdigital, rival to BSkyB in the digital TV market, is about to announce slow initial sales figures for… Continue reading Sharewatch
The Mirror Group has announced that it is creating a new group division – Mirror New Media and Interactive Services. The branch, headed up by David Clarke as chief executive (formerly chief executive at Virgin Net), will launch a free Internet service, ic24.co.uk (see Newsline). These developments are a result of the review which the… Continue reading Mirror Group Announces New Media Division and Free ISP
Talk Radio has sealed a deal for the exclusive rights to broadcast cricket’s Coca-Cola Cup, which takes place in Sharjah, Dubai. The tournament, a warm up to the World Cup in May, takes places between 7 and 16 April and will see England face up to Pakistan and India.Talk will broadcast coverage of the matches… Continue reading Talk Radio Catches Coca-Cola Cricket Coverage
News International (NI) today unveiled its new free internet service, which is branded through the Sun and is dubbed CurrantBun.com. It has been expected for some time that NI, publisher of the Times, was to launch its own free internet service provider (ISP) (see News International Expected To Launch Free ISP Services); a Times-branded site… Continue reading The Sun Serves Up CurrantBun
The overall feeling at the Independent Television Commission’s Annual Review press conference this morning, was that whilst ITV is making efforts to redress any short-fallings it might have, the Network’s current output is not quite the Commission’s vision of ideal.On the one hand, the ITC report notes that: “ITV showed a determination to refresh and… Continue reading ITV Is Making The Effort, But Could Improve, Says ITC
Northcliffe Electronic Publishing (NEP), the new media division of Northcliffe Newspapers, has launched This Is Lincolnshire, the latest in its series of This Is… websites.The site is hosted by Northcliffe’s Lincolnshire Echo and provides the Lincolnshire community with ‘interactive entertainment and online business opportunities’.Northcliffe has been quick to augment its regional newspaper publishing business in… Continue reading Northcliffe Launches ‘This Is Lincolnshire’
NTL is preparing to launch the country’s first interactive TV (iTV) service tommorrow on schedule, offering a comprehensive selection of home shopping, news, sport, travel and local information sources to viewers across the nation. The iTV service is backed by a number of leading retail and online information providers, including Tesco, ITN, Flextech, Sporting Life,… Continue reading NTL Interactive Launch On Schedule
The merger between US telecoms giants, Comcast and MediaOne had on knock-on effect for UK cable group, Telewest, 29.9% of which is owned by MediaOne. Comcast sold its UK cable interests early last year (see NTL Buys Comcast UK For £363m) and so may not be interested in retaining the stake in Telewest after the… Continue reading Sharewatch
Monday Poster advertising group Maiden announces its 1998 financial results today. More details to follow on Newsline.Also reporting today is market research company Taylor Nelson Sofres. Details of the results will be available shortly.Tuesday The Independent Television Commission is holding a press conference to launch its Annual Report and Performance Reviews. Details of the report… Continue reading The Week Ahead
