Electronic information provider MAID this morning announced financial results for Quarter 4 1996 which show turnover jumping 57% to £21.4 million. Pre-tax losses were in line with expectations at £7 million. Corporate subscriber numbers trebled however from 1,200 to 3,800 and the company expects to become profitable this year.Michael Mander, chairman of MAID, said: “Having… Continue reading MAID Announces Surge In Turnover
FutureNet , the Web site of Future Publishing, a division of Pearson New Entertainment, has signed an agreement with Music Network Classifieds to incorporate the service in the redesigned FutureNet site, to be launched on 14 April *New Address For Futurenet.The restructured site will become an entertainment and information service that incorporates an extensive range… Continue reading FutureNet Relaunches
The Scotsman newspaper is to publish a London edition. The paper, which recently appointed Andrew Neil as editor in chief, has made this move in a bid to place Scotland, and the issue of devolution, on the election agenda.Scotsman: 0131 225 2468
Flextech Television has announced its new sales and marketing department that will be responsible for the company’s multi-channel venture with the BBC.It is reported that Richard Burdett, currently the vice-president of sales and marketing at Flextech, is to become vice-president of marketing. He will be taking on a greater marketing brief and will become responsible… Continue reading Flexing Its Marketing Muscle
CompuServe, AOL, and Microsoft Network have this month increased the gap between their online service subscriber numbers and those of the 12 other companies who account for most of the UK Internet service provider market, according to data published by EMAP Online’s Internet Marketing Hot List. This coincides with the launch this week of the… Continue reading Internet Service Provider League Table Published
BMP DDB is launching a media spin-off called BMP Optimum on April 7th. The operation will become the fourth largest UK media company combining clients from both BMP DDB and BMP Solutions in Media.The decision to create BMP Optimum is the culmination of a five year period in which BMP has built up its credentials… Continue reading BMP Launches Media Department
The Daily Mail is launching a subscribers only web-site dedicated to the Royal Family. The paper is aiming the site at non-UK English speaking-territories and is hoping to profit from both subscriptions and advertising.The Daily Mail : 0171 938 6000
David Elstein, chief executive of Channel 5, yesterday announced that the channel had completed the retuning of 90 per cent of VCRs, the minimum amount required by the ITC. This now clears the way for the channel to launch as planned on Easter Sunday.The ITC still has to officially approve C5’s claims, though it is… Continue reading C5 On Target With Retuning
The Mirror Group has announced financial results for 1996 which show that pre-tax profits have risen to £82.2 million against £77.1 million the previous year. Turnover was up 7% to £537.7m.Within its newspaper division there was a 6.7% rise in advertising revenues and losses from the 46%-owned Independent were reduced by 43%. Losses at L!ve… Continue reading Strong Results For Mirror Group
A report carried out by Willott Kingston Smith has found that British agencies are making profits that for the first time exceed those of pre-recession 1985.All sectors of the industry showed increased income, but the fastest growing areas were found to be direct marketing and sales promotion and public relations. The design sector continues to… Continue reading More Good News For Agencies
