Six month figures from cable company Telewest show that losses have deepened by 205% to reach £117.7 million, compared to £38.6m last year. Revenue rose however by 141% to £133.5m (£55.4m last year).Telewest’s cable television business showed good growth in the second quarter of this year: cable television customers increased 31% whilst revenue increased 46.3%… Continue reading Telewest Losses Rise 205%
RevenueAgency estimates for June show combined revenue for ITV and Channel 4 reaching £189.994m, up 9.13% on the same period last year. Both ITV’s and Channel 4’s revenue also rose: up 8% to £147.327 for ITV and up 12% to £42.667m for Channel 4. C4’s share rose slightly from 22% last month to 22.5%: this… Continue reading TV Round-Up – June
Bauer publishing today released its circulation figures for the period January-June 1996. Title Jan-Jun 95 Jan-Jun 96 % Ch Take a Break 1,502,030 1,447,950 -3.6 Bella 901,682 767,698 -14.8 TV Quick 756,352 819,056 8.3 That’s Life n/a 480,448 n/a Total Bauer 3,169,964 3,515,152 11.2 Speaking about Bella‘s declining circulation, Mike McCafferty, managing director of the… Continue reading Bauer Release Circulation Figures
The ITC has approved certain variations in the licenses of Carlton, LWT, Granada and Westcountry Television which concern regional programme requirements.Carlton’s proposal involved a reduction of regional factual material (not including news and current affairs) from 1 hour 14 minutes to 35 minutes per week. Regional entertainment will increase from 37 minutes to 1 hour… Continue reading Regional Variations Welcomed By ITC
Cordiant, the world’s largest global advertising and marketing group, has announced pre-tax profits of £15.5 million, compared to a loss last year of £29.6 million, for the six months ended 30 June 1996. The group’s revenues dropped slightly however, down from £374.7m in 1995 to £365.8m this year.In the UK revenue was reduced by 6.9%… Continue reading Cordiant Turns Loss Into Profit
Channel 5 is believed to be close to signing a deal with Telewest which will mean the cable company carrying out C5’s retuning programme in its franchise areas.A spokesman at Telewest told MediaTel that it was definitely in talks with C5 regarding the retuning, which is proving to be a headache for the new channel.… Continue reading Telewest Close To C5 Retune Deal
Atlantic 252 has appointed Clare Dove as head of sponsorship and promotions.She joins from Mills & Allen where she was client sales manager with key responsibilities for generating new business. She has previously held senior sales positions with Capital Radio and The Guardian newspaper.Her appointment signals a strategic decision by CLT UK Radio Sales to… Continue reading Atlantic 252 Appoints Head Of Sponsorship And Promotions
Newsquest Media this morning announced that it has bought Westminster Press from Pearson for £305 million.Westminster Press has a total circulation approaching 2.2 million and had a reported turnover of over £140 million in 1995. Its 60 titles will be added to the 120 already owned by Newsquest. The combined company will have a turnover… Continue reading Newsquest Buys Westminster Press For £305m
Pearson PLC revealed today its pre-tax results for the half year to June 30 1996. Although sales are up by 20%, figures are generally lower than last year with profit before tax reduced by almost a third. In reaction to the disappointing figures, the Board reflected on last year and noted that profits were earned… Continue reading Disappointing Results For Pearson
BSkyB rose to 497p on Wednesday but fell to 491p by Friday. Incidentally the drop occurred amidst speculation of no compromise being made between the five nations and BSkyB for the BSkyB/England rugby contract *(Rugby Challenges BSkyB Deal).After the buy-out of Caledonian *(STV Takes Over Caledonian) , STV increased from 662p to 678p. Carlton, who… Continue reading Sharewatch
