Euromoney Publications’ net profits before tax were £11.5 million in the six months to March 31 compared with £10.4 million in the first half of last year.Within its titles Euroweek, Asiamoney, Petroleum Economist and MedAd News all had record first half profits whilst Euromoney, Latin Finance and Financial Training made less than in the first… Continue reading Euromoney Hits £11.5m Profit
TeleWest Communications has announced that it has secured a £1.2 billion loan. TeleWest, which is the UK’s largest cable company, will use the money primarily to finance the completion of its build programme. To date around 50% of TeleWest’s cable network is completed.TeleWest’s latest financial results (Newsline 16/05) showed that the company had lost £53.4m… Continue reading TeleWest Raises £1.2bn
Southnews, the publisher of free and paid-for newspapers in London and the Home counties, has announced annual profits of £3.376m, which is up 6% on 1995’s £3.187m. Turnover also increased by 22% from £23.6m to £28.8m.The Croydon Advertiser Group, which Southnews bought last December for £13m, contributed £237,000 to revenues. Overall the group owns 25… Continue reading Southnews Profits Rise 6% To £3.37m
The ITC has launched the first stage of a public consultation on the licensing of digital terrestrial television.Under the Broadcasting Bill which is now before Parliament, the ITC will be responsible for regulating the carriers of services (the multiplex operators) and the programme providers. The first stage of consultation concerns the multiplex operators, for which… Continue reading ITC Consults On Digital TV Licensing
24-hour cable channel The Weather Channel has signed its first major distribution deal with a UK cable operator.The channel, owned by US company Landmark Communications, has secured cable carriage with ComTel which operates across central and southern England in Andover, Oxford, Stafford, Salisbury and Coventry. A pilot service will be launched on ComTel on June… Continue reading Weather Channel Signs Distribution Deal
The PPA has announced that it will be organising a conference which addresses the opportunities for magazine publishers of new technology, especially the Internet. The theme of Magazines and New Media ’96 will be the idea that magazine publishers are beginning to see themselves as information providers not restricted by their traditional print medium.The conference,… Continue reading PPA Conference And MRG Evening
Media group Chrysalis has announced six-month figures which show that its losses after tax have dropped to £2.5m from £2.65m last year. Turnover rose from £47.1m in 1995 to £56.3m this year.Chrysalis point out that in terms of its radio interests (Heart 106.2 London, Galaxy 101 Bristol and Heart 100.7 Midlands) last week’s Rajar figures… Continue reading Chrysalis Losses Drop To £2.5m
Abbott Mead Vickers BBDO is about to sign a deal to buy Pattison Horswell Durden which could be worth as much as £5m.David Pattison, one of the owners of PHD, confirmed to MediaTel that the merger was going ahead: he said it would be complete in a matter of weeks rather than months though he… Continue reading AMV Creates Media Giant With PHD
Gruner and Jahr has confirmed that it will be launching a weekly magazine called Here! as a rival to Hello! on June 3rd.Here! will be a glossy, 68-page publication costing 70p and aimed at 20-34 year old BC1C2 women. It will have an initial print-run of 1.3 million and is aiming for a circulation of… Continue reading Gruner And Jahr Launch Hello! Rival
IPC’s Amateur Photographer will be publishing a special one-off Erotica issue on June 8th. The fourth annual edition will feature 40-extra pages of editorial as well as 60 pages of erotic photos.Bob Carlos Clarke, a respected and well-known erotic photographer, will be the guest editor of the issue. To get maximum point of sale the… Continue reading Erotica Issue For Amateur Photographer
