Lord MacLaurin of Knebworth, chairman of the England and Wales Cricket Board, has said that cricket Test matches should be removed from the list of “protected” sports events and the board allowed to negotiate its own broadcast deals unless more funding is received from the Government.His comments come after it was announced that £100m of… Continue reading Cricket Fights For TV Money
BSkyB’s shares fell 11p to 470p on Thursday ahead of the company’s financial results which were announced on Friday. Despite a 22% increase in profits, there appeared to be a general consensus in the market that the figures were disappointing: the broadcaster’s shares slipped 33 to 437p. There is also the fear that future competition,… Continue reading Sharewatch – W/E 15/8/97
BSkyB’s financial results for the year to June 30 show that pre-tax profits have risen 22% to £314m. This was fuelled by a 26% gain in sales to £1.27 billion, while total paying subscribers grew 878,000 to 6.37 million.…Pearson is selling its Churchill Livingstone medical publishing company to Harcourt General for $92.5mBSkyB: 0171 705 3000
Marie Claire will have a new look London Section from the September issue. It is the latest section of the title to receive a makeover. Juliet Warkentin, editor of the title, said: “London is the place to be at the moment and we wanted to reflect this with a more upbeat and exciting section.”The section… Continue reading Marie Claire Launches New Section
Flextech plc has today announced interim results for the six months ending 30 June 1997. They show that turnover for the company rose by 80% from £24.8m in 1996 to £44.6m in 1997, this was helped by the subscription revenue increasing by 67%.Flextech has recently completed a deal with the BBC to jointly launch a… Continue reading Flextech Release Profits
Future Publishing is celebrating the release of the latest January to June ABC figures, with the news that circulation across the whole of the company’s magazine output rose by 62.1%. The best performing title from the company is The Official Playstation Magazine which had a year-on-year increase of 185.7%, going from 51,444 in 1996 to… Continue reading Future Celebrates Year On Year Increases
The latest ABC figures for January to June 1997 have been released today and can be found in Features under Press. Bauer has also released its own audited figures for its publications and can be found in the same section.
Publicis Communications is rumoured to be close to signing a deal which would see it acquire SMI, the business-to-business ad agency. According to Campaign SMI has been talking to a number of interested parties though Publicis emerged as the front runner last week.
The Barclay brothers, owners of the European and Scotsman, are believed to be interested in buying Sunday Business . The paper is currently looking for a new owner after it went into receivership last month.
Information provider MAID today announced that in the six months to June 1997, profits had reached £1.9m compared to a loss of almost £4m for the same period last year. Turnover was up £4.5m to £14m.MAID: 0171 930 6900
