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
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 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
Following publisher Mollin Group’s previous association with Weider Publications (see Newsline) in the fitness sector, comes a new launch in the health magazine market.The distinctive front cover is the most immediate point of attention when considering the first edition of Men’s Fitness . It certainly breaks the usual conventions of a men’s health magazine cover… Continue reading First Issue Review – Men’s Fitness
Score Digital – the digital radio group owned by Scottish Radio Holdings – has emerged as the sole bidder to the Radio Authority for the Glasgow local digital radio multiplex, advertised in February (see Newsline). The licence will deliver programme and data services to a potential audience of 1.8 million and the closing date for… Continue reading Score Digital Is Sole Bidder For Glasgow Digital Radio Licence
The first quarter of 1999 has seen the rise in cable TV take-up continue, with 12.4% of all UK homes now receiving their TV through cable, according to the latest report from the Independent Television Commission. This compares to 11.9% in the ITC’s previous report (see Cable Take-Up Continues To Rise).Of the 12.1 million households… Continue reading Cable TV Take-Up Rises
