HTV has this morning announced results for the year ending December 31, with pre-tax profits more than doubling to £7.3m compared to £3.3m last year.HTV’s share of net advertising revenue for 1993 was 6.1%, representing income of £91.2 million. This was £85.6 million in 1993. Louis Sherwood, chairman said, ‘The caution I expressed about the… Continue reading HTV Profits More Than Double
WPP, the advertising group which owns JWT and O&M, has this morning announced results. Pre-tax profits were up 56.8% on last year to £85.3m. WPP’s share price was this morning up by 4 pence to 107p.
Media Sales & Marketing has restructured its agency sales department; Fiona Hosking has been promoted to Agency Sales Controller, replacing Andrew Oldham who has been promoted to the board. Simon Shroot, John Tulley and Chris Bennett head the Agency Sales teams.
Bob Phillis, deputy director-general of the BBC, speaking yesterday at the FT Cable and Satellite and New Media Conference, said that the BBC is investigating the possibility of launching an international education and learning multi-media service. The BBC is currently looking into the idea with potential partners as part of its commitment to the future… Continue reading BBC May Launch Education Service
Midland Independent Newspapers has this morning released results for its first year as a public company; profits for 1994 were £15.62m, up 34% from £11.65m the previous year.Advertising revenues grew 17% year on year to £66.5m. Despite good results, MIN’s share price dropped by 2 pence this morning to 114p.
US telecommunications giant Nynex has announced this morning that it is to float part of its British cable subsidiary CableComms on the London Stock Exchange and in New York.The offer is expected to raise more than £400m. Nynex will retain a majority holding in CableComms.
Auto Express, the weekly title, is to launch a 12-week national promotion to run simultaneously with its renewed sponsorship of ITV’s “The Motor Show”. The sponsorship package, negotiated by Booth Lockett Makin, will run in the Granada, Border, LWT and Yorkshire and Tyne Tees areas. The new series starts on 4 March.The simultaneous promotion, “Dream… Continue reading Auto Express In Sponsorship Deal
The new Top of the Pops magazine is now on the newstands. In the first issue, Brett Anderson from Suede and Tony Mortimer from East 17 as well as a free tape adorn the cover of this glossy monthly magazine priced at £1.25.The TOTPs TV programme has recently undergone dramatic changes and this is reflected… Continue reading Top Of The Pops Magazine Is Launched
A spokeswoman for MTV has this morning confirmed that MTV is in negotiations with the Body Shop and British Telecom over a contract which would enable Anita Roddick, founder of the Body Shop, to launch a pan-European radio station.The satellite deal would enable the station, Drum Radio, to broadcast from Europe and therefore sidestep any… Continue reading European Body Shop Radio
The number of broadband cable subscribers rose in the last quarter of 1994 by 130,000, according to the ITC’s cable statistics for 1 January. Speaking today at the FT Cable, Satellite and New Media Conference, Jon Davey, the ITC’s Director of Cable and Satellite said that this represents the most substantial growth in the cable… Continue reading Cable – Largest Ever Rise In Subscribers
