Johnston Press has released financial results for the year ended 31 December 2000 which show profit before tax up 20.9% at £66.5m. Operating profit was up by 27.3% from £65.9m in 1999 to £83.9m.Chairman Fred Johnston acknowledged the transatlantic economic slowdown and problems in the technology sector, but said that the current year had begun… Continue reading Johnston Press Reports Pre-Tax Profit Up 20%
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The internet magazine market gains a new entrant tomorrow when IPC Media launches Web User, a straight-talking guide to the web for beginners. It claims to have no immediate competitors due to its unique frequency for this sector – fortnightly – and its down-to-earth, no-nonsense advice.It enters the market at a time when this sector… Continue reading Feature: Internet Magazine Market Reaches Saturation Point
International media group Independent News & Media (INM) has this morning reported a pre-tax profit increase of 13% to €155 million for 2000. This is slightly below most analysts’ expectations and has caused the shares to drop during trading today.Executive chairman Anthony O’Reilly said that it is too early in the year to make any… Continue reading Independent Reports Positive Results, But Below Expectations
The worst performer on yesterday’s FTSE 250 index was Capital Radio, which had its earnings forecast downgraded by UBS Warburg ahead of a trading statement to be released today. Shares fell a hefty £1.05, or over 10% to end at £9.10. SMG was also downgraded, leading shares to fall 4p to £2.01.Elsewhere, there was some… Continue reading Sharewatch
European free-to-air broadcaster RTL this morning said that it feels “better placed than most … to withstand the current uncertainties in advertising markets around Europe.” Nevertheless, the company warned that earnings were likely to be flat in 2001 due to the effects of restructuring Pearson Television North America and a decrease in the audience of… Continue reading RTL Says 2001 Earnings Will Be Flat In Current Ad Climate
Europeans are watching more TV than ever before according to new research published by the Media Edge. The average European watches over three hours per day, with the Italians and the Spanish watching the most at over 4 hours per day, compared to 3 hours per day in 1989 for Italians and 3½ hours per… Continue reading Research Reveals Increasing Consumption Of Media Across Europe
Europeans are watching more TV than ever before according to new research published by the Media Edge. The average European watches over three hours per day, with the Italians and the Spanish watching the most at over 4 hours per day, compared to 3 hours per day in 1989 for Italians and 3½ hours per… Continue reading Research Reveals Increasing Consumption Of Media Across Europe
The number of UK home internet users has reached 13.5 million, according to the February 2001 figures from Jupiter MMXI. This represents an increase of 1 million users since October 2000. The UK’s online population is now estimated to spend an average of six hours and 48 minutes surfing the internet each month, with men… Continue reading Insight Analysis: Total Number Of Home Internet Users In UK Hits 13.5 Million
Digital TV will surpass the PC to become the most popular means of accessing the Internet in Europe by 2005, according to a new report from the Yankee Group. The report predicts that 81.2 million European households will use interactive services via digital television by 2005, while 80.6 million households will access the net via… Continue reading iTV Will Become Main Net Access Device By 2005
Almost a third of people living in the UK who have yet to get digital TV say that they never will, making the Government’s plans to switch off the analogue signal within a decade “fatally flawed”, according to a report released this week. The report, published by the Consumers’ Association, acknowledges that for 73% of… Continue reading Consumers’ Association Report Suggests Achieving A Digital UK Will Not Be Easy
