On the whole it was a quiet week for media shares. The ITV companies have now steadied their prices and takeover talk has, for the moment, subsided. Pearson, on the news of its sale of Westminster Press to Newsquest *(Newsline 05/08), rose 19p to 630p, but the main development last week was speculation that Reed… Continue reading Sharewatch W/E 9/8/96
The latest figures released by the Cinema Advertising Association reveal that June’s average weekly admission rose to 1.41 million, up 2.92% on June 1995. The monthly total for June was 6.059 million, an increase of 3.25% compared to last year.Overall, the average weekly admissions for the second quarter rose 12.4% year-on-year to 1.92m compared to… Continue reading Cinema Admissions Increase By 2.9% In June
PHD, the new ad agency, has its official launch today. The agency was bought by Abbott Mead Vickers earlier this year, in a deal worth approximately £5 million.WPP today announces its interim results with an expected increase in pre-tax profits of 30%. Revenues are also expected to grow by 9%. Other results due this week… Continue reading The Week Ahead
Carlton has revealed details regarding its new cable channel, Carlton Food Network *(Newsline 21/06).The cable exclusive channel will begin broadcasting on 2 September and will be immediately available in over half of the UK’s 1.4 million cable homes. Broadcasting initially every weekday between midday and 5pm, Carlton Food Network will screen a range of programmes… Continue reading Carlton Reveals New Channel Details
The latest ABCs for the national newspapers, released today, show the Times and the Daily Mail achieving the highest percentage increases against July 1995. The Times rose by 14.94% to 753,784, this is an increase in real terms of just under 100,000. The Daily Mail, whose circulation had receded slightly in June, rose by 14.35%… Continue reading National Newspaper July ABCs
Capital Radio still dominates the sector although share has decreased from 3.6 million last year to 3.5 million this year. All London stations have shown a decrease from last year, the most significant being Country (428,000 to 233,000) and Spectrum (208,000 to 68,000).MediaTel subscribers can access RAJAR figures by clicking here.RAJAR: 0171 584 3003
The Rank Organisation has announced that its pre-tax profits have fallen from £444 million in 1995 to 128m in 1996, though turnover is up 10% to £940m. Within the film and entertainment sector, turnover increased by 17% and profit rose by 4%.These results coincide with news that Rank will be hoping to raise £300m from… Continue reading Rank’s Pre-Tax Profit Drops
A new ad agency is set to launch in Manchester, according to reports in the trade press. The new venture is thought to be the brainchild of three ex-CIA Media Solutions executives who left in May and were rumoured to be planning the set-up of a new independent.The Media Business Group is reported to be… Continue reading New Agency For Manchester
The Consumer Press titles that chose not to take part in last week’s first ever concurrent release of ABCs have begun to release their figures. Not surprisingly the majority of these titles have recorded falls in circulation against last year. Jan-Jun’95 Jan-Jun’96 %Ch Actual Change DC Thomson & Co Catch (Closed) 53,817 44,949 -16.47 -8,868… Continue reading Jan-Jun ABCs – Late Releases
Commercial Radio has grown strongly in the second quarter achieving £292.3 million up to June 1996, giving it an increase of 18%. Compared to the same quarter last year there has been an increase of 16.5% when spending reached £77.2 million..Revenue from national advertisers has also continued to grow more quickly with an annual growth… Continue reading Radio Revenue For Q2 In 1996
