Maiden Group today announced financial results for the six months to 30 June which show that pre-tax profits have risen from £1.96m to £3.2m. Revenue was also up, with an increase of 85% to £26.8m.An increase in advertising sales along with the introduction of illuminated sites assisted the outdoor group which floated its shares on… Continue reading Maiden Profits Jump To £3.2m
Revenue Agency estimates for August show that combined revenue for ITV and Channel 4 dropped for the first time this year, decreasing by 4.34% year-on-year to £132.6 million. While Channel 4’s revenue increased by 1.18% to £31.3m ITV’s performance was poor with revenue falling 5.9% to £101.3m. The ratio between ITV and C4 was 76:24.Amongst… Continue reading TV Round-Up – August
The newspaper sector remained largely static, whilst only slight blips occurred amongst the TV companies. A US investment road show created a little excitement in Carlton’s shares, which rose 16.5p to 489p on Tuesday, while Granada fell 17p to 870.5p on Tuesday and a further 12p on Wednesday as a result of analysts’ reports. While… Continue reading Sharewatch W/E 27/9/96
Financial results released this week include Guardian Media announcing 12-month figures today and Maiden Group releasing interims tomorrow. HTV will also announce interims on Wednesday: pre-tax profits are expected to reach around £6.5m, an improvement on the same period last year which saw the figure reach £6.1m, while revenues are predicted to be down slightly… Continue reading The Week Ahead
The Guardian Media Group today announced that pre-tax profits have fallen in the year ended 31 March, from £27m in 1995 to £20m this year. Turnover however rose, from £228m to £301m.The company blamed redundancy costs of £4.7m and a rise in newsprint costs of £10.3m for the profit loss. It also said that while… Continue reading Guardian Profits Fall
Channel 4 has apologised to the ITC for transmitting an advertisement for alcohol products during teen soap Hollyoaks. According to the ITC Code on Advertising Breaks alcoholic drinks must not be advertised when there is likely to be an audience under the age of 18. Channel 4 had planned the break to be scheduled before… Continue reading Channel 4 Rebuked For Advertisement
The ITC has published further information relating to the introduction of digital terrestrial television (DTT). According to the Broadcast Act 1996, the ITC is responsible for licensing and regulating digital television in the UK.DTT carriers must be licensed separately from programme providers, therefore the ITC is issuing licences to provide multiplex services in October. The… Continue reading ITC Issues Further Information On Multiplex Licences
BBC Worldwide and Flextech have signed an agreement to develop a number of subscription channels for the UK broadcast market.Final details are expected to be announced by the end of the year, but the first channels may launch as early as summer 1997. They will cover major genres such as documentaries, natural history, drama, comedy,… Continue reading BBC Signs Deal With Flextech
CLT UK Radio is to provide commercial production studio facilities for New Wave Broadcasting. The facilities is part of CLT’s backing on New Wave’s bid for the Brighton & Hove radio licence. CLT took a 20% stake in New Wave Broadcasting’s bid in August *(CLT Interested In East Sussex Licence) and already have a 20%… Continue reading CLT Strengthens New Wave’s Bid
The NRS figures released for the period July to August 1996 showed that the Financial Times had the largest percentage increase (6.67%) for all national newspapers. Circulation for the FT increased from 779,000 to 831,000. The Times showed no change at all remaining on a circulation figure of 1,924,000 despite employing various pricing strategies during… Continue reading August Newspaper NRS Figures
