Shares in regional newspaper group Adscene have leapt after the group announced it had received a possible takeover approach. The Canterbury-based group did not name the prospective buyer but shares still pulled ahead by almost 24%, adding £8 million to the value of the group.The announcement of a potential takeover comes amid a flurry of… Continue reading Adscene Jumps On Takeover Approach
IPC Magazines’ SouthBank Publishing Group has appointed Yvonne Ramsden as the new publishing director of its Home Interest Group following the departure of Jackie Newcombe.IPC’s Home Interest Group launched Living etc (see Newsline) and 25 Beautiful Homes (see Newsline) last year, and Yvonne was a key part of those launches. She has been part of… Continue reading New Publishing Director At IPC’s SouthBank
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
Revenue 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%… Continue reading TV Round-Up – February 1999
It was the best of times, it was the worst of times. This was the week of the new look ITV schedule without any interuptions (unless of course you count those tiny little things called commercial breaks). ITV had much to celebrate with the top thirty list being dominated by its programmes. New programmes like… Continue reading TV Viewing Summary W/E 14/03/99
