Shares in Carlton Communications have shot up following the announcement this morning of a 16% rise in profits, increasing from £47.4m to £55.1m for the six months to March 1993.Results were as follows;Interim dividend: 7.4pEarnings per share: 18.3pPre-tax profit: £55.12mTurnover: £508.27m
The Department of Trade and Industry took on the proposed acquisition of The Observer last week, with little objection from outside parties. The paper’s union did hand in a complaint to Industry secretary, Michael Heseltine, who will decide whether the case should go to the Monopolies and Mergers Commission.Meanwhile, features editor of the Guardian, Alan… Continue reading Observer Sale Handed To Heseltine
Following last week’s report that TMP Communications is to close Mega Sports, it has now been confirmed that the imminent launch of Encore, a magazine for women in the 45+ bracket, has been postponed and will likely be released in October with a print run of 175,000 Blakebeck Magazines has put off the launch of… Continue reading Magazine Briefs
Shares in Carlton Communications have shot up following the announcement this morning of a 16% rise in profits, increasing from £47.4m to £55.1m for the six months to March 1993.Results were as follows;Interim dividend: 7.4pEarnings per share: 18.3pPre-tax profit: £55.12mTurnover: £508.27m
Five potential bidders have moved in on Argus Newspapers, published in west and south London. All incumbents have current newspaper interests, according to the publishers, and it is hoped that an official takeover will be settled by the end of June.. This week sees the relaunch of the Herald & Post titles recently acquired by… Continue reading Regional Snippets..
Inflation has fallen to 1.3% with the Retail Price Index for April standing at 148.6 (taking 1985 as base rate). Last month’s figure is an increase of just 0.9% on March.
The BBC has been criticised by the Broadcasting Standards Council for a number of its programmes which fell short of the acceptance barrier, in the eyes of the council.The final episode of Casualty shown recently (which attracted 17 million viewers) was excessively violent, according to the report. The highly successful One Foot in the Grave… Continue reading BBC Taken To Task By Council
Hampshire – based Southern Radio, has announced pre-tax profits of £263,000 for the six months to the end of March 1993 – 59% up on the last period. Turn- over increased from £3.17m to £4.01m, with earnings per share growing from 49p to 62p.Southern Radio broadcasts to Hampshire, Kent, Sussex and the Isle of Wight.
Cut-backs in BBC programming budgets have been reflected all year in their consistently poor showing in BARB’s weekly top thirty programme rankings. The latest available rankings (w/e 9th May) tell the typical story with only two episodes of Eastenders making the top ten and a strong drama line up from ITV dominating with the likes… Continue reading BBC Struggling In Ratings Battle
Inflation has fallen to 1.3% with the Retail Price Index for April standing at 148.6 (taking 1985 as base rate). Last month’s figure is an increase of just 0.9% on March.
