The City was not impressed by Capital’s move on Tuesday to buy Virgin Radio for £64.7m. The London radio group’s share price initially fell 6p to 539p and then dropped throughout the week to finish at 531.5p on Friday.BSkyB also had a busy week. On Wednesday it announced both an increase of 21% in profits… Continue reading Sharewatch – W/E 9/05/97
Capital Radio’s Website is currently being audited by both the ABC and the BPA and will be publishing an audit for May in either June or July.Julian Hardy, of the Capital Radio New Media department, told Newsline that the reason for the dual auditing approach was the size and complexity of its Website’s user logs.… Continue reading Capital Website In Process Of Joint Audit
Newsline will be reporting from tonight’s Media Guardian event. Has Channel 5 Come Alive? is the subject under debate. David Elstein and Dawn Airey will be cross questioned by the industry. A full report will be on Newsline tomorrow morning.Cable and Wireless’s year end figures are due on Wednesday; this will include the results of… Continue reading The Week Ahead
Among the quality titles, The Telegraph has managed to maintain its position at the top of the league. It has increased its sales to 1136,857. The Times has suffered a massive drop month-on-month losing 27,791 in sales: a spokesman for the paper said that this was a result of a loss of sales over Easter.… Continue reading National Press Round-Up – April
ABCs
MAGtrack, the media research company, has found that full colour ads are 19% more effective than mono ads. MAGtrack’s research found clearly identifiable patterns in the effectiveness of advertisements in relation to their size and placement within publications.60% of respondents recall seeing DPSs, compared to 45% for single pages. Full colour ads averaged a 47%… Continue reading Colour Outdoes Mono
News Corporation has announced financial figures for the first quarter of 1997 which show that pre-tax profits have risen 38% year on year to $291m. Revenue was up 27% to $2.9 bn. The group’s UK newspaper businesses performed well, with advertising gains, increased circulation revenues and lower paper prices contributing to “significantly improved” margins against… Continue reading Profits Rise 38% At News Corp
Newsquest Media Group, one of the largest regional newspaper publishers in the UK, is rumoured to be considering a stockmarket flotation. The Sunday Telegraph reports that the company has been in discussion with various City advisers regarding the plans, which could see a listing early next year for around £700m.
The Radio Authority has received four applications for a new Independent Local Radio licence for Huddersfield. The applicants for the FM station are:Henna FM – (Abdul Razaq: 0973 525954) Music, entertainment and information relating to, and for, the Asian community.Huddersfield FM Ltd – (Phil Marshall: 01274 374020) Local news, information and features, together with musical… Continue reading New Radio Station For Huddersfield
Ken Bennett has joined EMAP Radio from Midland Independent Newspapers.Bennett has been appointed head of public relations for EMAP Radio’s six Yorkshire stations: The New 96.3 Aire FM, Magic 828, Hallam FM, Magic AM, 96.9 Viking FM and Magic 1161.EMAP Radio: 0114 285 3333
Last night’s Guardian Media debate put the big wigs at Channel 5 on the spot. A panel of high profile media experts slowly and painfully took the new channel apart. But, David Elstein, chief executive of 5 and Dawn Airey, director of programmes, fought their corner well and emerged from the verbal battle smiling and… Continue reading 5 Under Fire
