Cable & Wireless Communications’ interim results announced today report an increase in profit before tax of 103% to £65m (before non-recurring items, year on year). Operating profit also increased by 62% to £123m. Earnings before interest, tax, depreciation and amortisation (EBITDA) rose 23% to £333m. Earnings per share reached 4.4p, up from 2.1p year on… Continue reading Cable and Wireless Sees Profits Rise
Quality Market The Sunday Telegraph‘s special offers continued to reap dividends in October, when circulation grew 23.9% to 886,954. This was the highest year on year May-October growth among all the nationals.Quality Market May-October ABC Comparisons Title May 96 – Oct 96 May 97 – Oct 97 Actual Change % Change Daily Telegraph 1,063,612 1,105,637… Continue reading National Newspaper Round-Up – October
ITV’s director of programmes David Liddiment has appointed Dianne Nelmes to the new position of controller of daytime. Nelmes is to move from controller of lifestyle programmes at Granada Television in January. David Liddiment said, ” Daytime is a massively important part of the ITV schedule, and it makes absolute sense to have a full-time… Continue reading ITV Appoints A Controller Of Daytime
Martin Sorrell will be chairing the judging panel for the Revolution Awards, which are being sponsored by Yahoo! in conjunction with Campaign.The awards are aimed at recognising the most effective marketing using new media and are intended to become the premier event for marketers who use new media. The judging will take place on December… Continue reading Sorrell To Chair Revolution Awards
HTV is restructuring its organisation following the takeover by United News & Media. In order to improve its Welsh and West of England service and in preparation for the introduction of digital services next year, HTV is to make the following changes: a merging of Harvest Entertainment, HTV’s network rights and production business, with United… Continue reading Restructuring At HTV
The rocky ride of the proposed merger between British Telecommunications and MCI Communications was finally put to an end today as BT pulled out of the deal following a further offer by rival bidders WorldCom.This morning WorldCom was reported to have increased its bid for MCI from $30m to $37m. As a result BT, which… Continue reading BT/MCI Merger Collapses
The Sunday Telegraph achieved a year on year sales growth of almost 24% for May-October to take its circulation to 886,954. The Daily Star meanwhile had the distinction of being the only tabloid to record a growth in circulation during the period, showing an 8% growth to 730,742 copies sold.Both the Daily Mail and FT… Continue reading National Newspaper ABC Summary – October
The appointment of Kevin Hand as Emap’s new chief executive was met well by the City as shares rose steadily throughout the week reaching 887˝p by close on Friday. This represents a rise of 28˝p from the beginning of the week and also coincides with the announcement of Emap’s new women’s magazine, Red (subscribers see… Continue reading Sharewatch W/E 14/11/97
BSkyB and Cable & Wireless have finally confirmed the speculation of a joint pay-per-view (PPV) project (subscribers see Cable Consortium Forging Second PPV Deal). The two companies are to co-operate on the launch of BSkyB’s digital television services next Spring. The deal will see BSkyB providing C&W’s analog and digital systems with its PPV service.This… Continue reading BSkyB And Cable And Wireless Join Forces
VNU Business Publications has sold its Internet World title to Mecklermedia, the US owner of the Internet World name. The last issue of the magazine under VNU will go on sale this month, cover dated December.It is, as yet, unclear what plans Mecklermedia have for the title.VNU: 0171 316 9000
