Outdoor company, More Group UK, has acquired a controlling shareholding in the London based billboard contractor, Postermobile, and will be making an offer for the remaining shares. The management of Postermobile will continue to run the company and will also take responsibility for sales across More’s 48-sheet portfolio in the ‘Golden Triangle’ (Carlton, Anglia and… Continue reading More Group Acquires Postermobile
The Mirror Group has today sold its old headquarters in Holborn, London to former publisher Lord Hamlyn, for £40 million. The Mirror Group is hoping to reduce its debt to in order to force any prospective new owners to increase their bids for the company.Mirror Group has received and rejected bids from both Trinity International… Continue reading Mirror Group Nets £40m For Former Holborn Headquarters
Shares in both Reed International and Elsevier continued to fall following last week’s growth warning from the combined Reed Elsevier (see Reed Elsevier Warns Of No Growth In 1999). Reed fell by 32žp to close at 500źp on Friday afternoon; Elsevier dropped 15p to 844p.Shares in media group Pearson, owner of the Financial Times, have… Continue reading Sharewatch
Monday A full Round-Up of the February national newspapers ABC figures will be available in the Press features list. A shorter version will be available as open-access on Newsline.Tuesday Telewest Communications releases its annual financial results. Merrill Lynch predicts that pre-tax loss will be reduced by around £37 million year on year, from £328 million… Continue reading The Week Ahead
Romsey Publishing has announced the launch of another gardening title following the recent spurt of launches in the sector recently. Romsey already publishes the title English Garden in the sector.However the new bi-monthly launch, which is to be called Garden Ideas, will aim for a younger, trendier audience, aged 25-45. Garden Ideas is planned to… Continue reading New Launch Into Gardening Magazine Sector
The Mirror Group is attempting to rally shareholder support for the sale of its 18.6% stake in Scottish Media Group (SMG) in order to sidestep a possible intervention by the Takeover Panel. The Mirror considers its holding in SMG, owners of Scottish Television and Grampian, a non-core asset.The Mirror Group is currently the subject of… Continue reading Mirror Group Seeks Shareholder Approval Of £108m Scottish Media Disposal
The latest round of national newspaper circulation figures (September 1998 to February 1999), released by the Audit Bureau of Circulations (ABC) at the end of last week, shows that January was a stronger month than February, with most titles recording circulation decreases month on month. The picture year on year is similar with most papers… Continue reading National Newspaper ABC Round-Up – February 1999
It is understood that Emap Elan is planning to launch a celebrity showbiz weekly rivalling OK and Hello. Named ‘Project Nora’, the magazine is believed to be the creation of Sharon Ring, former editor of OK. A spokesperson at Emap would neither confirm nor deny the launch. The ad agency Publicis has formed a customer… Continue reading Newsline Brief
The latest round of national newspaper circulation figures (September 1998 to February 1999), released by the Audit Bureau of Circulations (ABC) at the end of last week, shows that January was a stronger month than February, with most titles recording circulation decreases month on month. The picture year on year is similar with most papers… Continue reading National Newspaper ABC Round-Up – February 1999
Classic FM has signed an exclusive sponsorship deal with IBM UK for its flagship news and current affairs programme, Classic Newsnight. The advertising and sponsorship package includes advertorials and internet activity through the IBM and Classic FM websites.The campaign starts in mid March and runs until November. Classic Newsnight, which broadcasts each weekday between 6:30… Continue reading IBM To Sponsor Classic FM Newsnight
