The Financial Times Group, part of Pearson, has sold its Extel financial data business to Primark for £19 million. Primark, which is a US financial data group, will supply company data on a global basis to the Financial Times Group for use by its businesses over the next ten years, under the terms of the… Continue reading Pearson Sells Off Financial Data Group To US Buyer
Cable & Wireless has announced the appointment of a new chief executive in the form of Graham Wallace,50, with immediate effect. He succeeds Dick Brown, who left the group in January (see Newsline). Rod Olsen took the helm in the interim between the departure of Brown and the appointment of a new CEO.Wallace oversaw the… Continue reading Cable & Wireless Appoints New Chief Executive
IPC’s Music & Sport Group publisher Keith Foster is to take responsibility for the Link House title Mountain Biker International, in addition to his current role as publisher of IPC’s cycling titles. IPC bought Link House Media late last year for an undisclosed sum (see Newsline). Alistair Pegg has moved up from assistant editor to… Continue reading Newsline Brief
Annual consumer direct mail expenditure increased by 16% during 1998, rising to £1.5 billion, according to the latest Direct Mail Expenditure Survey released by MMS Market Movements.Direct mail is currently one of the fastest growing advertising media, with more companies than ever using it to target consumers. 50% of all mail was used to target… Continue reading Direct Mail Advertising Expenditure Rises 16% During 1998
Ulster TV released its financial results for 1998 today in which it announced that it is paying out £18.4 million to its shareholders in the form of special dividends.The group announced a turnover of £37.2 million, an increase of 6.9% year on year (£34.8 million in 1997), and pre-tax profit for the year was £12.5… Continue reading Ulster TV Reports Annual Turnover Of £37.2 Million
Granada’s share price fell by 31˝p by the close of trading on Friday, losing the ground it gained on Thursday (see Sharewatch), and taking its price down to 1184p.Portsmouth & Sunderland, which was recently in the news due to a bidding war involving Johnston Press, Newscom and Newsquest (see Newsline), lost 25p by the end… Continue reading Sharewatch
The computer magazine sector saw some impressive movements this ABC period. A large number of its titles achieved substantial increases in circulation. Future’s Essential Playstation and Official Playstation Magazine are easily the market leaders, well ahead of their closest rivals. Essential Playstation saw an unprecedented 300.7% increase in its circulation, rising from 43,274 to 173,412… Continue reading Computer Magazine ABCs
The computer magazine sector saw some impressive movements this ABC period. A large number of its titles achieved substantial increases in circulation. Future’s Essential Playstation and Official Playstation Magazine are easily the market leaders, well ahead of their closest rivals. Essential Playstation saw an unprecedented 300.7% increase in its circulation year on year. Period on… Continue reading Movement In The Computer Magazine Market
The Mirror Group has today announced that it is to go into partnership with the internet provider Zip2. The deal is part of the expansion of Mirror Group’s internet activities, with a view to enhancing their growth potential in regional and local media services.The deal will make Mirror Group the first European company to use… Continue reading Mirror Group Teams Up With Zip2
Internet traffic is to overtake voice traffic in the year 2000, according to the latest report by Datamonitor, which shows that IP (Internet provider) traffic is increasing by 1000% per month. PSTN (public switched telephone network) on the other hand, is showing a growth of under 10%.Datamonitor also predicts that the growing reliance of enterprises… Continue reading ‘Internet Traffic Increases 1000% Year On Year’ Says Datamonitor
