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The broadcasting division of newspaper publishers Daily Mail and General Trust (DMGT), has announced the sale of Arts and Entertainment Programming Limited (A&E) to broadcasting and cable TV company, Eiacom plc, for £365,000 in cash. The sale of A&E by DMG Broadcasting will give rise to an exceptional loss on disposal of approximately £4 million… Continue reading DMG Broadcasting To Sell Arts and Entertainment Programming Limited

The UK’s fifth largest mobile phone operator, Virgin Mobile Holdings has announced a 37% increase in customer connections for the last three months to 31 December 2004, with its total subscriber base reaching 5.03 million. In Virgin’s key performance indicators (KPI), announced today, the Group revealed that it had added a net 417,000 users in… Continue reading Virgin Mobile Sees Record Increase In Subscribers

Subsidiary company of The Local Radio Company (TLRC), First Radio Sales (FRS) has today announced the win of the representation contract of the Kent Messenger Radio (KM) group of stations, giving FRS an additional six stations and increasing its coverage to 92 UK radio stations. The deal with Kent Messenger means that FRS now represents… Continue reading First Radio Sales Wins Representation Of Kent Messenger Radio Groups

British women are spending increasing amounts of time betting online, with a new report by research company, YouGov, revealing that between 30-40% of internet gamblers in the UK are female. The report also states that, since 2003, the number of Britons betting online has risen a staggering 566%, with almost 80% of Europe’s online players… Continue reading UK Females Set To Lead Online Gambling

UK magazine publisher, Highbury House Communications, has today released its pre-close trading statement, indicating that December trading in the Group’s UK Lifestyle division was patchy, with revenues for quarter four dropping by 7%, compared to 2003. Total group revenues for 2004 were revealed to be £115 million, of which Highbury’s UK newsstand consumer business contributed… Continue reading Highbury House Announces Disappointing 2004

In a pre-close trading statement issued today(see Highbury House Announces Disappointing 2004), magazine publisher, Highbury House Communications, has confirmed that it has entered an Offer Period, which could lead to a possible take-over bid for the company. This morning, publisher Future Networks confirmed recent industry speculation (see Highbury Share Price Rises On Possible Take Over… Continue reading Future To Bid For Highbury

Outdoor advertising specialist, Maiden Group plc, has issued a pre-close trading statement, for the year to 31 December 2004, revealing a strong financial performance for the company during 2004, despite under performing in their outdoor billboard division. The quality of the Group’s retail division (mall and supermarkets) improved last year, and despite a 25% reduction… Continue reading Maiden Up Despite Poor Performance In Billboard Advertising

Publishing and media group, United Business Media (UBM) is reported to have appointed advisers to consider a sale of its market research firm, NOP World, valued at £250 million. UBM said that investment bank Dresdner Kleinwort Wasserstein and Allen & Co will carry out the review, which will “examine a number of alternatives to maximise… Continue reading UBM Considering Sale Of NOP World

Magazine publisher, Highbury House Communications, saw a 26% rise in share price yesterday, after the Group confirmed that it had received an approach that could lead to a possible take over bid for the company. Yesterday, the stock market saw Highbury shares increase from 1 7/8 to 9 1/4p, valuing the business at around £30… Continue reading Highbury Share Price Rises On Possible Take Over Bid

Consumer magazine group, Future Network Plc has announced an increase of 3% in total group revenue for the first quarter of the 2005 financial year, according a trading update released today. The Group’s entertainment titles enjoyed an impressive 17% rise, while games and computing revenues both declined by 1%. Like for like Group revenues, excluding… Continue reading Future Network Sees Good Start To Financial Year