More Media Business articles

Trinity Mirror is to sell 27 regional newspapers and nine niche titles in London and the south-east for £18.75 million. The titles, including the South London Press, North London and Herts Newspapers and the Yellow Advertiser, will be sold to Tindle Newspapers. Last month, Trinity Mirror sold 25 weekly regional newspapers to Daily Mail and… Continue reading Trinity Mirror Sells 27 South-East Titles

GCap Media could be considering purchasing Emap’s radio assets, following Emap’s announcement last week that it is reviewing its portfolio of assets. When Emap announced the review last week it said that “all options to maximise shareholder value will be examined, including a possible sale or demerger of some or all of its constituent businesses”… Continue reading GCap Could Buy Emap’s Radio Assets

BSkyB has bought Amstrad in a deal worth £125 million – 150 pence in cash per share – which should see Sir Alan Sugar collect £34.5 million. Sky said that the acquisition of Amstrad will provide the satellite broadcaster with an in-house design and development capability, which Sky believes will deliver significant operational and financial… Continue reading Sky Buys Amstrad For £125m

Pearson, publisher of the Financial Times, has announced that FT group revenues were up 8% with profits up 28% in the first half. Pre-tax profits for the whole group rose from £14 million a year ago to £40 million. The FT reported a 12% rise in subscriptions and FT.com subscribers were also up 12%, to… Continue reading Pearson Profits Up

Emap has launched a review of its structure and portfolio of assets, saying that “all options to maximise shareholder value will be examined, including a possible sale or demerger of some or all of its constituent businesses”. In a statement released today, the group said that it had already received various unsolicited proposals for parts… Continue reading Emap Launches Review Of Structure And Assets

BSkyB has announced that its full year revenue increased by 10% to £4.5 million, with an annual operating profit of £815 million. However, operating profit was down from £877 million last year to £815 million, while full profits for the year were £499 million, down 9.4%. The satellite broadcaster said that it had added a… Continue reading BSkyB Revenues Increase

United Business Media has released interim results for the six months ending June 30, with PR Newswire operating profits up by 14.7%. CMP Information’s first half revenues grew by 6.6% on an underlying basis, reflecting strong performances by the business’s events and its key print titles. However underlying profit in the half fell 8.3%, primarily… Continue reading United Business Media Releases First Half Results

Havas, the sixth-largest global advertising and communications group, has announced organic revenue growth of 4.4% for the first half of the year, with revenue of €729 million. The group also recorded organic growth of 5.4% in the second quarter, after a rise of 3.2% in the first quarter. Net new business for the first half… Continue reading First Half Revenue Increase For Havas

Reed Elsevier has released its first half 2007 financial results, reporting unchanged revenues at £2,235 million, up 1% to €3,308 million. Its online information and digital services now account for 45% of the group’s revenues, having recorded 12% growth. It also announced definitive sale agreements for entire Harcourt Education division for total proceeds of $4.95… Continue reading Reed Elsevier Reports Unchanged Revenues

BT has published its first quarter results, showing that its revenue was up 3% to £5 million. Revenue from the group’s traditional businesses was maintained year on year. Major corporate (UK and international) revenue showed growth of 5%. BT Global Services revenue grew by 5% to £2.2 million for the first quarter. New wave revenue… Continue reading BT Reports Revenue Increase