Inflation has dropped below the Government’s 2.5% target rate, according to new figures. Underlying inflation in April fell to 2.4% after picking up to 2.7% in March because of the effect of the Budget duty increases on petrol and tobacco, the Office for National Statistics said today.The headline rate of inflation – which includes mortgage… Continue reading Inflation Dips Below Target
Dow Jones and Reuters are to combine their interactive business services, Dow Jones Interactive and Reuters Business Briefing, in venture that will hold combined revenues of over $225 million (£139 million).The new company, called Dow Jones Reuters Business Interactive LLC, will be a leading global service provider of proprietary and third-party business information to corporate… Continue reading Reuters And Dow Jones Link Up Internet Business Services
Following news that Reuters is to combine its interactive business services with Dow Jones to form a new company called Dow Jones Reuters Business Interactive LLC (see Newsline), Reuters rose 4˝p to 891˝p by the close of trading yesterday. By 11 o’clock this morning, Reuters had risen to 909p.Capital Radio climbed 4p yesterday to 865p… Continue reading Sharewatch
The latest national newspaper circulation figures, released by the Audit Bureau of Circulations (ABC) at the end of last week, show that most papers’ sales are falling. A monthly comparison of the six months to April 1999 shows that none of the papers has turned in any significant sales growth. National Newspaper April 1999 ABC… Continue reading National Newspaper ABC Round-Up – April 1999
Sky Sports has stepped closer to completing its coverage grand-slam of golf majors by securing the exclusive rights to the US Open for the next five years. The first tournament under the contract will be the year 2000 centennial event from Pebble Peach.Announcing the deal, Vic Wakeling, managing director of Sky Sports, said: “We now… Continue reading Sky Sports Win TV Rights To US Open Golf
During 1998, total advertising expenditure in the UK reached £14.3 billion, an all time record according to the Advertising Association (AA). This represents a growth of 7.7% year on year at current prices, or 4.1% in real terms.Television accounted for 28.2% of this spend, national newspapers 12.5%, regional press 16.7% and consumer magazines 5.0%. Total… Continue reading UK Adspend Hits £14.3bn Record
The latest national newspaper circulation figures, released by the Audit Bureau of Circulations (ABC) at the end of last week, show that most papers’ sales are falling. A monthly comparison of the six months to April 1999 shows that none of the papers has turned in any significant sales growth.Quality Market Both the Daily Telegraph… Continue reading National Newspaper ABC Round-Up – April 1999
Carlton and Granada, 50:50 owners of digital terrestrial broadcaster ONdigital, are both still falling back following BSkyB’s announcement that it is to give away free set-top boxes with its digital satellite service (see ONdigital May Develop New DTV Offer To Compete With BSkyB). Carlton closed down 7p at 511p on Friday; Granada finished down 28p… Continue reading Sharewatch
Tuesday The first day of the PPA Magazines And Business-To-Business ’99 conference takes place at the Queen Elizabeth II Conference Centre, Westminster. The conference features speakers, seminars and exhibitions for the publishing industry.An MRG Evening Meeting is being held at Leo Burnett at 6pm. The subject, Making Sure That We Do It Right, addresses the… Continue reading The Week Ahead
Capital Radio has reported a strong set of interim results, with radio profit up 12% to £18.8 million for the six months to 31st March 1999. Radio turnover was up 18% to £51.7 million and group turnover also rose by 14% to £63.3 million.In terms of radio advertising revenue, sales house Capital Advertising leads the… Continue reading Capital Radio Reports Profits Up 12%
