The start-up of Channel 5 cost almost £240 million but its losses in the first months of trading since its launch were not as bad as City analysts had predicted.In the three months to end-June Channel 5 lost £23.1 million on top of the £215.5 million start-up costs written off by its shareholders. The figures… Continue reading £240m Start-Up Costs For C5
Emap Online has produced an Internet Web site banner to encourage donations to the Princess of Wales Memorial Fund.The banner, designed by Emap Online product development design head Ed Whiting, invites Web users to telephone credit card donations to the Fund, on 01990 664422. Over the next few days, the banner will be appearing on… Continue reading Emap Produces Diana Banner
Midland Independent Newspapers, publisher of the Birmingham Evening Post, today released interim figures which show an increase in pre-tax profits of almost two-thirds to £13.6m.The group believes that its takeover by the Mirror Group (subscribers see Midland In The Mirror) will be allowed to go through unhindered by the Department of Trade and Industry and… Continue reading MIN Profits Up 64%
IPC SouthBank Group has appointed Estelle Bennett as senior marketing and promotions manager on Homes & Gardens and Essentials. Bennett was previously marketing manager at Riverside plc.…Andy Winter has been announced as the new editor of Shoot. He has previously worked for Smash Hits, Sported!, Match and Big Shots.IPC: 0171 261 6575
Both of the Telegraph titles again boosted their readership figures in the latest batch of NRS data to be released. The Sunday Telegraph grew by almost 24% year on year while the Daily Telegraph increased by 10%. The FT suffered a large loss in readership, which fell 12%, as did the Independent which dropped by… Continue reading National Newspaper NRS – July
The Times will be launching a new section for its Saturday package when Metro appears this weekend. The 52-page arts and entertainment supplement will replace the Directory which is less than a year old. Listings supplement Vision will also receive a makeover.News International: 0171 782 6000
The Council and the European Parliament have published the revised Television Without Frontiers Directive (OJ/L202/97). It entered into force on 30 July and must be implemented by the Member States by 30 December 1998. A contact committee will be set up to examine the implementation of the Directive and the developments in the sector.
The Economic and Monetary Affairs Committee in the European Parliament has appointed Mr John Stevens (UK, EPP) as its Draftsman for a report on Electronic Commerce in the EU. First discussions on this report are expected to take place during the Committee’s meetings in October with the finished opinion being brought before the full Parliament… Continue reading EU: EP Considers Electronic Commerce
Adscene today announced a drop in pre-tax profits, from £5.1m to £4.8m for the year ended 31 May 1997. The regional newspaper publisher blamed this on its commercial printing division, which contributed less than in the previous period. There was, however, an increase in turnover which was up 12.6% to £55.6m.Adscene: 01227 767321
The Food & Drug Administration in the US has issued new guidelines for the TV advertising of prescription-only drugs. The ads must contain additional information, specifically that professionals may provide further details, a toll-free number to contact, reference to print ads, and also to a web site. The new rules are aimed at reducing consumer… Continue reading US: New Rules Come Into Force
