Trinity, the UK’s largest regional newspaper publishing group, announced its preliminary results for 1998 today. The group, which this morning launched a bid for the Mirror Group (see Newsline), announced a turnover of £342.2 million, a 5.4% rise since last year.Pre-tax profit increased (before exceptional items) by 13.4% to £83.8 million, and earnings per share… Continue reading Turnover Reaches £324.4 Million For Trinity
Trinity’s share price closed at 486p on Friday, remaining stable throughout the day. At midday today, the group’s price had risen 11˝p to 497˝p following reports of the group’s bid for the Mirror Group.The Mirror Group, who’s shares closed at 194p on Friday, stood at 202p at midday today, a rise of 8p.The Daily Mail… Continue reading Sharewatch
The Financial Times Group and German publisher, Gruner & Jahr, have announced a joint venture today involving the expansion of The Financial Times brand.The new venture will be a German language business newspaper. Printed on pink paper, the new publication will feature the familiar FT brand prominently, and will carry content from the english FT… Continue reading Financial Times To Expand Brand
Reports are breaking this morning that the Mirror Group has rejected Trinity’s £1 billion bid for the group (see Newsline).The Mirror Group issued a swift response to the offer, describing it as “an inadequate premium for a change of control”.Meanwhile, rival bidder Regional Independent Media (RIM) are understood to be preparing to make a 220p-a-share… Continue reading Mirror Group Swiftly Rejects £1 Billion Offer From Trinity
The Independent Television Commission (ITC) has announced that it is to impose a fine of £150,000 on Channel 4 following the discovery that one of its documentaries was found to be fake in parts (see Newsline).The programme, broadcast in September 1997, was about Glasgow rent boys and called Too Much Too Young: Chickens. It was… Continue reading ITC Fines Channel 4 For Fake Chickens
Freeserve, Dixons free ISP, has scooped two awards at the first ISPA Awards.The Internet Service Providers Association (ISPA) held its first Internet Industry Awards this week. The Awards are the first of the kind in recognising the growing importance of the Internet industry and are designed to reflect the broad nature of the industry, from… Continue reading Freeserve Voted Best Consumer ISP By ISPA
Lever Brother’s is to sponsor ITV’s Stars In Their Eyes through its Radion brand. This marks the first time that the programme has been sponsored, and the association will begin on 13 March and continue for 14 weeks. Classic FM is to open it’s £2.5 million brand new digital broadcasting radio centre near Oxford Circus… Continue reading Newsline Brief
Emap’s popular ‘laddish’ title FHM has got a new editor in the form of Anthony Noguera. Formerly the title’s deputy editor, Noguera has stepped up to take on the new role following the promotion of FHM’s former editor, Ed Needham, to editor-in-chief of projects overseas (see Newsline).FHM, which is currently the most popular men’s title… Continue reading Deputy Fills The Editor’s Chair At FHM
Golden Rose Communications saw a slight rise of 1˝p in its share price by the close of trading yesterday. Clear Channel International(CCI) announced that it had submitted an offer for a stake in Jazz FM, as well as launching a new radio sales operation CCRS (see Newsline). It’s price rose to 57p, where it remains… Continue reading Sharewatch
GE Magazines, publishers of Inspirations For Your Home, are to launch a new title called Garden Inspirations.According to its publisher, “Garden Inspirations will banish the fuddy duddy image of gardening, taking a modern approach to a traditional subject in an original and informative way”.The new launch will be published bi-monthly, and be aimed at ABC1… Continue reading Gardening Inspires Publisher
