Newsquest Media this morning announced that it has bought Westminster Press from Pearson for £305 million.Westminster Press has a total circulation approaching 2.2 million and had a reported turnover of over £140 million in 1995. Its 60 titles will be added to the 120 already owned by Newsquest. The combined company will have a turnover… Continue reading Newsquest Buys Westminster Press For £305m
Pearson PLC revealed today its pre-tax results for the half year to June 30 1996. Although sales are up by 20%, figures are generally lower than last year with profit before tax reduced by almost a third. In reaction to the disappointing figures, the Board reflected on last year and noted that profits were earned… Continue reading Disappointing Results For Pearson
BSkyB rose to 497p on Wednesday but fell to 491p by Friday. Incidentally the drop occurred amidst speculation of no compromise being made between the five nations and BSkyB for the BSkyB/England rugby contract *(Rugby Challenges BSkyB Deal).After the buy-out of Caledonian *(STV Takes Over Caledonian) , STV increased from 662p to 678p. Carlton, who… Continue reading Sharewatch
Troubled newspaper, The Sunday Business may announce potential buyers later this week. A spokesman from the publication told MediaTel: “We are optimistic that a buyer could be named tomorrow following interests from various parties.”The Sunday Business met financial difficulties earlier this year *(Sunday Business In Financial Crisis) and faced restructuring, following a successful application for… Continue reading New Buyer For Sunday Business
Pearson will today release financial results and is expected to reveal the buyer of Westminster Press. Other financial results this week include Cordiant on Tuesday, Rank Organisation on Thursday and CIA Group on Friday.Features on Newsline this week include a TV Round-Up which will look at revenue, impacts, CPTs, viewing and industry news for June,… Continue reading The Week Ahead
The Radio Authority is next week (8 August) advertising a new Independent Local Radio licence to cover the town of Stornoway and surrounding parts of the Isle of Lewis, off the north-west coast of Scotland. The licence is being offered on the FM waveband and will reach around 15,000 adults. The closing date for applications… Continue reading Radio Authority Advertises New Licences
The Football magazine market has had a mixed first six months of 1996, with the majority of the older titles recording a drop in the circulation figures in comparison to their 1995 figures. The title that recorded biggest drop in number of copies and percentage change is IPC’s Soccerstars. It has fallen from a Jan-Jun… Continue reading January To June ABCs – Football Sector
The ITV companies and Channel 4 have said that they generally support the proposals in the Department of Trade and Industry’s consultation paper on ‘The Regulation of Conditional Access Services for Digital Television’.They do however strongly call on the Government to bring in the regulations swiftly to ensure that digital television is properly regulated from… Continue reading ITV Calls For More Digital TV Regulation
Within the gardening sector ABC figures released this morning show that most titles have experienced a decline in circulation. Garden Answers recorded the largest drop, down 17.9% to 138,356 copies, whilst Practical Gardening dropped over 14% to just over 62,000. Gardens Illustrated was the strongest title, with an increase of over 26% to over 48,000… Continue reading Jan-Jun ’96 ABC Figures: Gardening, Golf And Photography Sectors
With all but 4 titles recording a drop in their year on year Jan-Jun ABCs, it would seem that there is a slump in the TV Listings/Entertainment sector. The biggest percentage fall came from Dennis Publishing’s Home Entertainment which fell by 16.23 or 3,595 copies. The biggest fall in copies came from EMAP’s Premiere magazine… Continue reading January To June ABCs – TV Listings & Entertainment
