Bristol United Press has reported a 73% increase in pre-tax profits to £14.5 million for the period ended 31 March 1998.The regional publisher, which produces the Bristol Observer Series, gained £1.1 million operating profit from the acquisition of Wessex Newspapers in September last year for £35 million (see Newsquest Sells Titles). It also gained exceptional… Continue reading Bristol United Press Reports £14.5m Pre-Tax Profit
Once again virtually all the national newspapers report losses in readership for the six months ending April 1998. In fact, it is only The Times which is currently showing any kind of growth at all: a 10.76% rise to a readership of just under two million. The only other papers to not show a fall… Continue reading National Newspaper NRS – April 1998
Channel 4 is claiming 1997 a successful year in its annual report, with a 6.6% increase in turnover to £552.7 million. Advertising and sponsorship revenue grew by 4.7% to £513.4 million against an estimated growth of 1.5% at ITV. Audience share, however, fell slightly, from 10.7% to 10.6%.Channel 4 also confirmed that it intends to… Continue reading C4 Claims Successful Year
Trinity’s Liverpool Echo newspaper, which sells just under 160,000 copies, has signed a £35,000 sponsorship and advertising deal with Thresher’s Drinks Cabin off-licence chain.As part of the deal, which was secured by regional sales house Amra, Drinks Cabin is sponsoring the Echo‘s World Cup supplement and running a full-page competition to win a year’s supply… Continue reading Liverpool Echo Signs World Cup Deal
Cable channel Knowledge TV will cease its broadcast on 6 June 1998, and will close its London office affecting six full-time employees.The channel’s parent company, US-based Jones Education Company, has announced that its European broadcast will be terminated in order to focus on its syndication efforts in countries such as China, Japan, Canada, Brazil and… Continue reading Knowledge TV To Cease UK Broadcast
The ongoing takeover saga of outdoor advertiser More Group yesterday took another turn as Clear Channel Communications announced that it had raised its stake in More to 30%. This effectively scuppers the takeover plans of French outdoor group, JC Decaux, which had made an offer of £475 million. This offer is currently being investigated by… Continue reading More Group Urges Shareholders To Accept Clear Channel Bid
Capital Gold 1548 AM’s head of production, Andy Turner, has been appointed to the newly created post of programme controller Capital Gold, with responsibility across the Capital Radio Group’s AM network.Yesterday morning the Capital Gold service was rolled out across a network comprising its present London service, XTRA AM 1152 in Birmingham, Capital Gold Kent… Continue reading New Programme Controller For Capital Gold
The ITC has received 11 formal expressions of interest from ITV licensees wishing to renew their licences from 1 January 1999.Anglia, Border, Carlton, Central, GMTV, HTV, Meridian, Tyne Tees, Ulster, Westcountry and Yorkshire have all provided the ITC with business plans and details of their proposed service to be provided over the next 10 year… Continue reading ITV Companies Submit Renewal Plans
Once again virtually all the national newspapers report losses in readership for the six months ending April 1998. Only The Times is currently showing any kind of growth at all: a 10.76% rise to a readership of just under two million. The only other papers to not show a fall in readership are The Observer… Continue reading National Newspaper NRS – April
A formal bid from German publisher Axel Springer could be made to the Mirror Group as early as this week following the announcement that it was considering a takeover of Mirror a few days ago (see Mirror Shares Jump On Takeover Talk).Axel Springer is now the only company believed to be expressing an interest in… Continue reading Mirror Group Awaits Springer Bid
