Local newspaper publisher Newsquest today announced pre-tax profits of £17.3 million for the three months to April 5, up from £9m the previous year. Turnover rose from £71m to £79.5m.Classified ad revenue rose from £40.5m to £45.8m while display ad revenue went up from £18.8m to £19m. Circulation revenue rose from £10m to £10.1m.Newsquest yesterday… Continue reading Newsquest Almost Doubles Profits
The April Retail Prices Index was announced this morning as 162.6, an increase of 1.1% on the previous month and a rise of 4.0% on April 1997.Subscribers can access RPI trends by selecting “Encyclomedia” from the drop-down box at the top of this page.
A new magazine devoted to Jaguar cars has been launched. Jaguar Monthly is published by Kelsey Publishing, which also produces Car Mechanics and Custom Car , and is edited by Gordon Wright.Kelsey Publishing: 0181 441 9500
The UK online travel and leisure magazine, Travel Insight, has teamed up with Emap Online to provide its content on the a2bTravel.com site.Travel Inisght was launched eighteen months ago by travel journalists Roger Bray and Jeff Mills to provide “a lively mix of travel news, views and features.”http://www.a2btravel.com/travelinsight/
Total national newspaper circulation was down by 3.1% year on year for the ABC period November 1997-April 1998, from 28.3 million to 27.4 million. The Sunday People went down 11.2% year on year while the Independent continues its decline – down 12%. The only newspaper showing a significant increase in sales was the FT which… Continue reading National Newspaper ABC Summary – April
The European Newspaper Publishers Association (ENPA) has said it will use the European Court of Justice to challenge the legal basis on which the EU has banned tobacco advertising (see MEPs Vote For Tobacco Ad Ban).The World Federation of Advertisers has also called on the European Parliament to prevent the law being adopted in its… Continue reading EU Tobacco Ban To Face Challenge
Tuesday The PPA’s Magazines ’98 conference and exhibition starts at the Queen Elizabeth II Conference Centre, Westminster.The Retail Prices Index for April will be available at 9:30am.Newsquest Quarter 1 financial results are due to be released.Wednesday The second and final day of Magazines ’98 takes place.Carlton Communications will be releasing interim financial results.The Department for… Continue reading The Week Ahead
The introduction of a new ratings-based trading system for outdoor poster advertising would benefit media owners but not advertisers according to new research by poster specialist Concord.The study, commissioned by Rosemary Taylor Associates, was conducted in order to learn more about attitudes towards outdoor audience researcher, Postar, and to discover opinions on the possible introduction… Continue reading Outdoor Ratings Proposal Greeted With Reservation
The long-running takeover bid for outdoor advertiser More Group by French rival JC Decaux may be complicated even further by a new acquisition announced by More today.More has bought the regional billboards business Town & City for £6.6 million. Town & City has outdoor advertising sites in the Granada, Tyne Tees and Central regions and… Continue reading More Complicates Decaux Merger With New Acquisition
Media group Pearson has bought the US publishing group Simon & Schuster from Viacom for $4.6 billion (£2.8 billion).Pearson will then sell the reference and business part of the publisher to Hicks, Muse, Tate & Furst Inc., a US investment group, for $1 billion. This will leave Pearson with the education divisions.Pearson: 0171 411 2000
