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Channel 4 has announced an increase in profits of 9%, allowing the broadcaster to pump an extra £50 million into its programming budget this year. The rise sees the broadcaster’s profits hit £48.5 million, with advertising growth of 6% over the year increasing turnover to £894 million. Channel 4’s main channel saw advertising and sponsorship… Continue reading Revenue Rise Sees C4 Pump £50m Into Programming

UK publishing group, Pearson, has agreed to buy US teacher certification group National Evaluation Systems Inc (NSE), with the deal expected to add to adjusted earnings per share and return on invested capital from 2007. According to Pearson, NES is the leading provider of customised state assessments for teacher certification in the US, working under… Continue reading Pearson Buys US Teacher Certification Group

Digital radio broadcaster and programme producer, UBC Media, has launched its Digital Radio Display Text Software in partnership with US company, Harris Corporation. The deal will see UBC’s display text software integrated into Harris’s HD Radio Flexstar product portfolio, potentially generating millions of dollars in revenues for the UK based company. The US radio industry… Continue reading UBC Media Signs Radio Deal With US Firm

Newspaper publisher Pearson has announced a strong start to 2006, with trading in line with expectations and a significant increase in profits expected from the firm’s Financial Times Group. The company, which also owns Penguin Books, expects strong underlying earnings growth, good cash generation and an improvement on return from invested capital. The Financial Times… Continue reading FT Looks Toward Profits As Pearson Performs Well

Search engine giant, Google, has reported revenues of $2.25 billion for the first quarter of 2006, an increase of 79% compared to the same period in 2005. Operating profit for Q1 2006 reached $743 million, accounting for 33% of revenues, up from $570 million in Q1 2005. Net income for the first quarter hit $592… Continue reading Google Enjoys 79% Rise In Revenues For Q1 2006

DMG Information (DMGI), the information publishing division of Daily Mail and General Trust (DMGT), has reached agreement to acquire Genscape, for a cash sum of £73 million, with additional payments up to a maximum of £37 million payable between 2008 and 2011 based on future financial performance. Genscape is the market-leading provider of real-time energy… Continue reading DMGI To Purchase Genscap

Five has announced an increase in net advertising of 0.5% in 2005, with the broadcaster pushing its market share up to 8.8%, up from 8.3%. According to the channels owner, RTL, Five enjoyed the largest year on year increase out of all the terrestrial broadcasters, with airtime sales rising at three times the rate of… Continue reading Five Pushes Market Share Up To 8.8% In 2005

Media regulator Ofcom has paved the way for Freeview to carry subscription-only services, giving the green light to proposals for paid-for services on the hugely popular platform. The industry watchdog said that there was no longer a “compelling reason” to bar subscription services from broadcasting on the service, which was previously restricted to carrying free-to-air… Continue reading Ofcom Gives Thumbs Up For Pay-TV Through Freeview

Publishing group, Reed Elsevier has revealed a strong performance for 2005, with the positive results continuing into 2006. The group has made an encouraging start to the year in all of its business areas. The overall performance in the magazine and information publishing business, however, continues to vary by geography and sector, with strong online… Continue reading Reed Enjoys Strong Start To 2006

Britain’s marketers are more confident about the future of the economy, the prospects for their own business, and the growth of sales than they were six months ago, according to the latest Chartered Institute of Marketing trends survey. Completed for the Institute by Ipsos MORI the survey revealed that nearly half (48%) of those questioned… Continue reading Marketers More Confident Than Six Months Ago