Newsquest, the regional newspaper publishing company, has sold some former Westminster Press titles to Bristol United Press for £35m.The titles disposed of formed the Wessex subsidiary of Westminster which Newsquest bought for £305m last August (subscribers see Newsquest Buys Westminster Press For £305m). It consists of 11 paid-for and free Westcountry titles including the Bath… Continue reading Newsquest Sells Titles
City rumours are growing today that WPP is set to make an offer for PR company Buchanan Communications. It is believed that any takeover would be in the region of £15 million. The move would follow AMV’s acquisition of PR firm Fishburn Hedges for the same figure two years ago.
Quality Market The ABC figures for March-August reveal that among the daily broadsheets the Financial Times recorded the largest year on year growth, with an increase of 6% to 316,879. The Daily Telegraph remains the biggest selling quality daily, with a circulation of 1.112 million, an increase of 5.7%. The Times and the Guardian both… Continue reading National Press Round-Up – August
Frank, the new woman’s monthly was launched yesterday by Wagadon.The editor herself admits that Britain probably doesn’t need another women’s magazine. Fortunately, Frank does stand out from the typical women’s monthlies on the market at the moment – the main difference being style (lots of it) and sex (lack of it). Refreshingly, there is not… Continue reading First Issue Review – Frank
By 1 July 1997 there were 2.068 million homes connected to a cable television system, according to figures released by the ITC, compared to 1.522 million homes in July last year. This puts the current penetration rate at 21.9%, up from 21.3% last July but down 0.1% from April 1997.Figures for cable operators put Cable… Continue reading Cable Homes Rise To Over 2 Million
The National Magazine company will be launching a new magazine pilot next spring. The as-yet unnamed title, aimed at parents, will be a spin-off of women’s monthly magazine She.National Magazine Company: 0171 439 5000
United News & Media today announced interim pre-tax profits of £174m, up 15% on last year. This figure is before Channel 5 and exceptions are taken into account. Turnover was up 9% to £1.084 billion.In its broadcasting and entertainment division, Anglia and Meridian’s combined NAR share was up from 18.1% to 18.5%, while TSMS was… Continue reading Profits Jump 15% At UNM
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
