Yesterday Flextech announced a deal with Hallmark Entertainment of the US, to make original programmes for cable and satellite channels. The deal could involve total spending of up to $140m (£89m).Flextech, which owns 20% of HTV, is controlled by TCI of Denver, the largest US cable operator. Flextech also has stakes in The Children’s Channel,… Continue reading New Drama Deal For Cable
Newspaper Publishing, publisher of the Independent, lost £12.6m in the first half of this year as a result of restructuring and the effects of the price war, said its Italian shareholder La Repubblica.Editoriale La Repubblica, which has a 17.6% stake in Newspaper Publishing, released the figure in its own results statement for the first six… Continue reading Repubblica Reports Loss At Independent
Yesterday saw the launch of a new national telephone network operated by Energis, part of the National Grid Company, which transmits electricity throughout Britain. Energis, as well as offering 10% less on weekdays and 15% less on weekend calls than BT, are also intending to offer a range of multimedia services, including video on demand,… Continue reading New Energis Phone Network
According to a survey carried out by the European Television Magazines Association, which will appear in this week’s Radio Times, children across Europe prefer cartoons and soap operas to programmes containing violence and too much talk.The survey carried out amongst 9 and 10 year olds across 9 European countries, show that children in Britain prefer… Continue reading Children Prefer Soaps
HTV’s overall interim pre-tax profit figures released today show a £1.19m(74%) increase on the same period last year, although turnover is down nearly 28% to £58.43m. HTV’s TV interests show a 339% increase on the same period last year – up from £0.97m to £3.29m.
The PPA have launched the 3rd edition of their magazine handbook, which for the first time includes a section on the customer magazine market. Additionally there is a breakdown of both consumer and business magazines by display revenues.The overall figures for the number of consumer and business magazines in the UK stand at 2430 and… Continue reading New PPA Handbook
This Sunday saw the launch of the Mail on Sunday’s financial supplement – ‘Financial Mail on Sunday’.The new 40 page supplement provides both general financial news, with the lead story of excessive government subsidies to build new nuclear power stations, as well as personal financial advice by way of an extended 12 page ‘Your Money’… Continue reading New ‘Financial Mail On Sunday’
Abbott Mead Vickers have released interim figures showing pre-tax profits up an impressive 58.6% to £2.38m from £1.50m. Turnover has also increased to £108.09m from £94.41m, up 14%, with overall operating profits up 71% to £2.12m.
Lord Stevens, Chairman Of United Newspapers yesterday reiterated that the Express will not be joining the national newspaper cover price wars. Lord Stevens said, “Our policy is to maintain cover prices and enhance the value of our titles to readers.”United Newspapers announced results for the six months to June. Pre-tax profits were up 36% to… Continue reading Express Will Not Join Price Wars
More O’Ferrall Also Announced Results yesterday, with pre-tax profits up 35% to £2.81m. UK and Irish revenues rose 15%. The group said they had increased prices for poster space.
