GWR has announced that profits at its national commercial station Classic FM have not been as strong as expected in the second half of the year.The Group said that the reason for this was the “substantial changes” which were made to the Classic sales team when it was transformed into the new sales house Opus… Continue reading Classic FM Suffers From Sales Upheaval
The European Commission is concerned that the launch and operation of Rupert Murdoch’s British Interactive Broadcasting may be harmful to fair competition in the digital marketplace.Within the next few weeks the EC is expected to request that BIB allays concerns that the broadcaster might restrict access to its networks and subsidise decoding equipment which only… Continue reading EC Seeks Assurance Of BIB’s Market Position
The agreement on Clear Channel Communications’ takeover bid for More Group has been withdrawn by More following a higher bid by its French rivals Decaux (subscribers see French Counter-Bid For More Group).At the beginning of the month billboards company More agreed to the £446 million takeover bid from Clear Channel (subscribers see Surprise Takeover Of… Continue reading More Group Withdraws Clear Channel Agreement
The dispute over Stephen Grabiner’s move from United News & Media (UNM) to become chief executive of British Digital Broadcasting is scheduled to be heard in court this Friday.UNM claims that Grabiner left the company before his contract was seen out and is therefore trying to prevent him beginning the chief executive post until January… Continue reading Court Hearing Scheduled For Future BDB Chief
VNU’s new computer title, Computeract!ve , is claiming first issue sales of over 200,000 copies. This would make the title one of the highest-selling computer magazines on the shelves at the moment. According to the last set of ABC consumer magazine figures, only Future’s Official Playstation Magazine has a higher circulation at 205,619.While Computeract!ve‘s initial… Continue reading Computeractive Pleased With Initial Sales
Ulster TV has said that 1998 will be a “challenging year for the company” in the face of increased competition from Channel 5 and non-terrestrial channels. The broadcaster went on to say that growth is likely to be “modest and not substantially different from that achieved in 1997.”The broadcaster also announced plans for its digital… Continue reading Ulster TV Cautious Over Future Growth
The Advertising Standards Authority’s 1997 Annual Report, published today, reveals that the number of ad complaints has fallen for the second consecutive year. Complaints dropped by 11% from 12,055 in 1996 to 10,678 in 1997. After investigation, 512 ads were found to break the British Codes of Advertising and Sales Promotion, which is nearly 30%… Continue reading Ad Complaints Down 11% In 1997
According to agency estimates, total terrestrial television revenue for February (including GMTV) came in at £176.35 million. Of this, ITV brought in £120.83 million (down 0.8% year on year), Channel 4 £41.12m (up 9.3%), Channel 5 £9.53m and GMTV £4.87m (down 9.8%).Among ITV audiences there was a large rise in costs for Women, which saw… Continue reading TV Round-Up – February
Outdoor poster group Maiden today announced annual results which showed a 27% increase in pre-tax profits to £10.1 million and a 15% growth in turnover to £63.2 million.The company also said that it wanted to remain independent despite overtures from overseas investors. Maiden chief executive Ron Zeghibe said he would rather seek acquisitions than be… Continue reading Maiden Posts 27% Increase in Profits
Outdoor advertising company Primesight has today announced pre-tax profits for 1997 of £830,000, up 77% on the previous year. Turnover increased 13% to £12.99m.Primesight chairman Martin Barber said: “These record results follow the introduction of the company to the Stock Exchange’s Official List last July and we are now beginning to see the benefits derived… Continue reading Record Results At Primesight
