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United News & Media this morning announced interim financial results which reveal profit before tax reached £151.9m, up 21.5%. Turnover also improved, increasing from £906m to just over £1 billion.In terms of United’s broadcasting interests strong performances by Anglia and Meridian helped lift the division’s profits by 75% and encouraging growth was also reported at… Continue reading United Sees Profits Rise 21.5%
Scottish Television today announced interim results for the six months ending 30 June 1996. A record profit before tax is confirmed, up 39% to £10.3 million with turnover up 15% to £52.2 million. Operating profit from continuing operations is up 22% to £8.8 million.Scottish Television says these figures result from a 7% improvement in advertising… Continue reading STV Announces Record Profit
John Beadell, chief executive of the Audit Bureau of Circulations, has left the organisation to become an independent consultant. No replacement has yet been found.He had worked at ABC for five years, during which time various developments were implemented including electronic auditing, Internet auditing, exhibition auditing and the simultaneous release of consumer magazine audits.…Mark Soden,… Continue reading ABC Chief Exec Leaves
The first weekend of the new autumn schedule has seen a lot of new shows appearing on the top thirty programmes list. The highest entry of the new batch of programmes is LWT’s London’s Burning, which was watched by 12.21 million people. The next best new programme was Heartbeat which achieved an audience of 12.14… Continue reading TV Viewing Summary – New Autumn Schedule A Loss With Viewers
Cinema admissions in July averaged 2.29m a week – a 5% year-on-year decrease. This is despite Mission Impossible topping the box office with one of the strongest opening weekend records to date (£4.2m) whilst also becoming the fourth highest grossing film of the year. High performing films for July last year included Judge Dredd and… Continue reading July Sees Drop In Cinema Admissions
Troubled Sunday paper Sunday Business has apparently been saved from closure by Group 2000, the industrial equipment manufacturer. In June the fledgling paper was given 90 days in which to sort its finances out and find a new backer *Sunday Business Faces Restructure.…The Evening Standard will drop its cover-price to 10p today in an effort… Continue reading Newspaper News
Trinity International Holdings has announced pre-tax profits of £23.8m for the six months to June, an increase of 79%, while turnover almost doubled to £165.3m.…Independent Newspapers, the Irish media group, reported interim results which showed pre-tax profits rising 28% to I£26m on the back of turnover up 14% to I£182.5m.Trinity International Holdings: 0171 457 2345Independent… Continue reading Business Briefs
Scottish Television has today confirmed rumours New Scottish Satellite Channel Rumoured and announced plans for a new channel, Sky Scottish, to be broadcast as a joint venture with BSkyB from November 1st.The channel will initially operate on a two hour per day basis, focusing on news, sports and current affairs including 450 hours of original… Continue reading STV Announces New Channel
Both VNU and Ziff-Davis are planning to launch computer and new media titles before the end of the year.VNU’s new title is rumoured to be a UK version of Internet Life, an American title published by Mecklermedia, which will launch on 3 October. It will be bound to 165,000 copies of PCW before a stand-alone… Continue reading New Magazines Planning To Launch