Outdoor advertising company Primesight has today announced pre-tax profits for 1997 of £830,000, up 77% on the previous year. Turnover increased 13% to £12.99m.Primesight chairman Martin Barber said: “These record results follow the introduction of the company to the Stock Exchange’s Official List last July and we are now beginning to see the benefits derived… Continue reading Record Results At Primesight
Regional newspaper publisher Newsquest has announced pro-forma pre-tax profits for the year ended 31 December 1997 of £52.3 million. This is an increase of 84.9% on 1996’s pre-tax profit of £28.3 million.The company, which floated itself on the Stock Exchange in October and set financial targets (subscribers see Sharewatch W/E 17/10/97), managed to beat its… Continue reading Newsquest Pre-Tax Profits Up 85%
The numerous companies involved in the launch of digital terrestrial television (DTT) are to be bundled together under the umbrella brand name The Digital Network.As a number of services and channels start to launch later this year, the industry is concerned that the consumer will be ‘confused’ by the more complicated term digital terrestrial television;… Continue reading DTT Becomes Branded The Digital Network
Monday A television round-up for February will be available on Newsline this afternoon.Full year financial results are also expected for Maiden, Newsquest and Primesight posters.Wednesday Both Independent Newspapers and Johnston Press will be announcing full year financial results.Thursday Two magazines are due to launch: Wagadon’s new men’s music and lifestyle title Deluxe is set to… Continue reading The Week Ahead
Transport advertising company, TDI has reorganised its senior management in preparation for the return of Christy Leth, currently sales director in the UK, to TDI in the U.S. this May.Clive Punter has been promoted to national sales director from client/agency sales manager; Andy Moug is promoted to regional sales director from national field sales manager.… Continue reading TDI Undergoes Management Reshuffle
According to agency estimates, total terrestrial television revenue for February (including GMTV) came in at £176.35 million. Of this, ITV brought in £120.83 million (down 0.8% year on year), Channel 4 £41.12m (up 9.3%), Channel 5 £9.53m and GMTV £4.87m (down 9.8%).Among ITV audiences there was a large rise in costs for Women, which saw… Continue reading TV Round-Up – February
Outdoor poster group Maiden today announced annual results which showed a 27% increase in pre-tax profits to £10.1 million and a 15% growth in turnover to £63.2 million.The company also said that it wanted to remain independent despite overtures from overseas investors. Maiden chief executive Ron Zeghibe said he would rather seek acquisitions than be… Continue reading Maiden Posts 27% Increase in Profits
Media secretary Chris Smith has announced that the Government will be increasing the limit of capacity on digital multiplexes that can be used for additional services from 10% to 20%. The Government believes that this will allow more advertising to be carried on data services, the money from which can be used to invest in… Continue reading Additional Digital Radio Services To Increase
Outdoor advertising company More Group has received a takeover bid from French rival Decaux. This follows an agreement by More to an earlier takeover bid of £446 million by U.S. company Clear Channel Communications (subscribers see Surprise Takeover Of More Group For £446m).More Group was unavailable for comment when contacted by Newsline today.More Group: 0171… Continue reading French Counter-Bid For More Group
Telewest Communications is reported to be about to make a counter takeover bid for French-controlled cable group General Cable.Earlier this week NTL was reported to have made a bid for General Cable in the region of £550 million (subscribers see NTL In General Cable Takeover Rumours). Telewest has also been in discussion with the company… Continue reading Telewest Rumoured To Make General Cable Takeover Bid
