Portsmouth and Sunderland Newspapers has announced pre-tax profits for the year ended 30 March 1996; this is a slight reduction on last year’s total of £9.3 million. Profit before tax was £18.6 million, including a £10 million exceptional profit on the sale of the Croydon Advertiser Group in December 1995.The Group confirmed that in the… Continue reading Portsmouth And Sunderland Newspapers Profits At £9 Million
Yorkshire Tyne Tees Television’s shares have continued to rise today following city rumours of a possible takeover bid from Granada. At 16:30 this afternoon, YTTV’s shares were at 1133, up 8 points on yesterday’s increase of 17 points.Other companies believed to be possible takeover subjects whose share prices have been rising this week include MAID,… Continue reading City Takeover Rumours
GWR has confirmed that it is also to apply for the new London FM licence currently advertised by the Radio Authority; London News Radio, 31% owned by GWR, will propose a business and sport format for the new service. Other applicants for the last London FM licence are expected to include Saga, Capital and Time… Continue reading GWR To Bid For New London FM Licence
Alan Yentob, controller of BBC1, has been appointed director of programmes at the corporation as part of last week’s reorganisation (Newsline 04/06). It is widely believed that Michael Jackson, controller of BBC2, will replace him. Also as part of the shake-up Matthew Bannister becomes overall director of radio as well as his current position of… Continue reading Yentob Becomes BBC Director
Capital Radio’s Chris Tarrant will be doing a live broadcast from the Royal Lancaster Hotel, on 15 October, to get everyone in the mood for the RAB Conference held that day. Conference breakfast will be served during the show and all delegates are invited from 7am.Chris Tarrant will also be one of the guest speakers… Continue reading Tarrant’s Breakfast Show To Start RAB Conference
The Radio Authority has awarded the new regional radio licence for the Yorkshire area to Kiss FM, sister to the radio station currently broadcasting in Manchester.The award by the Radio Authority is however, likely to cause controversy because sales for the regional station are to be handled by MSM, the sales house owned by Capital… Continue reading Kiss FM Wins Yorkshire Radio Licence
Classic FM, the national commercial radio station, has won two gold medals at The New York Festivals International Radio Competition. The station collected awards for Best Use of Comedy for Alan Mann’s Fantasy Footnotes and for Best News Anchor for John Brunning.The success follows Classic’s victories at this year’s Sony Awards when it won prizes… Continue reading Classic FM Wins Double Gold In New York
This Sunday sees the launch of the UK’s newest Sunday national newspaper The Planet On Sunday (see Newsline). The 48-page tabloid will have an environmental slant and cost 65p.A source at the paper told MediaTel that the paper will carry around 10% advertising, though ads would not provide the main revenue. This would come instead… Continue reading Planet Ready For Launch
The Daily Mail and General Trust has announced profits of £41 million for the half year ended 31 March. This is an increase of 7% over last year’s results. Trading profit increased by £1.2 million to £39.5 million, a 3% increase, despite an increase of 28% in newsprint prices.Advertising revenues among the national newspapers over… Continue reading Channel One Revenues Disappointing
Granada’s interim results for the 26 weeks ended 30 March showed that profit before tax had risen by 19% to £183m.The media arm of the group performed well: profits from Granada Television and London Weekend Television rose by 16% to £83.5m on turnover of £309.8m, up 5% on last year. Laser, Granada’s broadcast sales house,… Continue reading Granada Profits Rise 19%
