Media group Pearson, owner of the Financial Times, performed strongly on Friday following an ‘accumulate’ recommendation from broker Merrill Lynch. Shares closed up 94p at 1,333p.Radio group GWR has strengthened recently as it winds up to launch the Digital One national radio service next month. On Friday shares were up by 29˝ to 359˝p.Reed International… Continue reading Sharewatch
Monday Regional newspaper publisher, Newsquest, releases its final financial results today. Merrill Lynch predicts that pre-tax profits for 1998 will be £66.5 million on revenues of £305.4 million (up 7%).Tuesday The retail prices index for February is released by the Office for National Statistics. Inflation in January stood at 2.6%, just above the Chancellor’s target… Continue reading The Week Ahead
Agency estimates for February 1999 put total terrestrial TV ad revenue (including GMTV) at £204.01 million. Year on year ITV, Channel 4 and Channel 5 all show increases in their ad revenue whilst GMTV shows a loss of revenue.ITV’s total revenue was up by 16.7% to an estimated £141.1 million, C4’s rose by 8.9% to… Continue reading TV Revenue – February 1999
Business magazine publisher, Reed Business Information, is to become the latest in a lengthening line of companies to offer free access to the internet. The new service, called Reed Connect, will target the readers of its business titles in four initial markets: property, science, agriculture and IT. RBI, a division of Reed Elsevier, will promote… Continue reading Reed Business To Offer Free Internet Access
Dialog Corporation’s first full-year financial results, which showed that the company has moved into profitability for the first time (see Dialog Focuses On Debt Reduction And New Net Products), pushed shares up by 9˝p to close at 94˝p yesterday.The Daily Mail continued to strengthen following the announcement of an internet tie-in with Dixons’ Freeserve (see… Continue reading Sharewatch
Future Publishing is planning a raft of new magazine launches in the coming weeks starting with the dirt bike magazine, MXUK, on 14 April. This will be followed by a number of launches from the publisher’s large stable of computing titles: Internet Advisor, Windows Answers and Computer Publishing are all expected to launch in April/May.MXUK… Continue reading Magazine Launches For Future
Chronos Publishing, publisher of the two weekly gay magazines Pink Paper and Boyz, is to launch a new music and clubbing title called Fluid. The monthly, which launches on 22 April, will target the ‘burgeoning gay crowd’ involved in club dance nights.Fluid will be edited by the Evening Standard‘s Hot Tickets gay correspondent, David G.… Continue reading Gay Publishers Launch New Music And Clubbing Title
The Guardian is expected to announce a new look next week, including editorial changes and a different typeface. This would be the first redesign in over a decade for the national newspaper. The Daily Mail has appointed John Teal as advertisement director. He replaces Mike Ironside who became MD of the Mail On Sunday in… Continue reading Newsline Brief
Dialog Corporation, the online information company formed by the merger of MAID and Knight Ridder in 1997 (see Maid Acquisition To Go Ahead), is aiming to reduce its £155 million debt burden in order to invest in new internet-based products.Michael Mander, chairman of Dialog, admitted that revenues from Knight Ridder had taken longer to turn… Continue reading Dialog Focuses On Debt Reduction And New Net Products
The fact that this is a second issue review illustrates an early teething problem for the London Metro – namely its availability (apparently part of Associated Newspapers’ strategy (see Associated Newspaper Delays Launch Of London Daily)). My BR and Victoria Line route from North London into work has thus far only turned up one sighting… Continue reading Second Issue Review: London Metro
