BSkyB is not expected to achieve pre-tax breakeven until 1995, according to a new report by stockbrokers James Capel based on BSkyB’s first full year accounts since the merger of Sky and BSB in 1990.Turnover was put at a disappointing £288m, some £40m lower than forecast, even though losses through the year had been greatly… Continue reading BSkyB Breakeven Moved Back To 1995
Original programming for The Cable Network, the UK’s first nationwide cable exclusive channel, has been awarded to CST Productions (Bristol). Launching on May 1st the channel, formerly known as UK Today, will show both original and acquired programmes between 1300 – 2300 seven days a week. The channel is backed by UK cable operators Comcast,… Continue reading CST Wins First National Cable Channel
Regional newspaper publisher Adscene has announced pre-tax profits up 31% to £946,000 for the 6 months to 28th November, and earnings per share up 51% to 4.54p.
The Queen’s solicitors have threatened The Sun with legal action over its publication of the Christmas message 2 days before it was broadcast.
According to an article in today’s Marketing Week, Emap is poised to make an offer for International Thomson Business Publishing, thus taking it ahead of Morgan Grampian in the business league. Colin Morrison, chairman of EMAP Business Publishing denies, however, that ‘any deal is planned immediately’.EMAP: 071 404 5513
The future of sales house IRS remains unclear after its parent company Crown Communications was placed in receivership last week. An announcement is likely towards the end of the week (Newsline 29/1).
Regional newspaper publisher Adscene has announced pre-tax profits up 31% to £946,000 for the 6 months to 28th November, and earnings per share up 51% to 4.54p.
Southern Radio has sold the Essex based station Mellow 1557 to a consortium led by David Cocks, former managing director of CNFM.Mellow holds the AM licence in Tendring and covers a broadcast area of 150,000 adults.
The future of sales house IRS remains unclear after its parent company Crown Communications was placed in receivership last week. An announcement is likely towards the end of the week (Newsline 29/1).
Sir David Calcutt yesterday defended his recommendation that the PCC be replaced by a statutory tribunal. Giving evidence to the Commons National Heritage select committee he said unless there is statutory regulation the press will be given an “endless succession of last chances.” Calcutt explained that his proposal to fine newspapers should only be used… Continue reading Calcutt Defends Press Review
