Home Counties Newspaper Holdings announced results for the six months to June 30. Pre-tax profits increased five fold to £976,000 from £155,000. Turnover was up slightly from £12.1m to £13.2m. The result was helped by an exceptional gain from the sale of the share in Mid Anglia Radio to GWR for £316,000.
Adscene Group has announced annual results for the year ending May 31. Pre- tax profits were up by 45% from £2.1m to £3.05m. This result was helped by a strong performance from the publishing side. Turnover of the group rose 13% to £15.8m.
Michael Grade, chief executive of Channel 4 warned last night that ITV’s commercial drive puts the production base of British Television at risk. Speaking at a Media Guardian debate on the future of television, he accused the large ITV companies of “asset-stripping” for the benefit of shareholders.He criticised the merged Carlton/Central, which this week announced… Continue reading Grade Criticises TV Mergers
The availability of cable throughout the country is expanding by about 20% every six months, according to the latest ITC statistics. Over a million homes have been newly passed by broadband cable systems in the last year.The number of subscribing homes, even after disconnections, has risen by almost 50% in the last twelve months. The… Continue reading ITC Cable Statistics Show Steady Growth
…Kellogg’s has signed a sponsorship deal with breakfast television station GMTV. GMTV’s fitness spot is to be sponsored by Kellogg’s Bran Flakes, and Kellogg’s All Bran will sponsor the health slot presented by Dr Hilary Jones three days a week.… Carlsberg is sponsoring the World Cup Athletics taking place at Crystal Palace on September 9-11.…… Continue reading Sponsorship Deals
Carlton UK Television announced 180 job losses yesterday, in a restructuring move following its takeover of Central Television. More than £15m a year is expected to be saved
Melvyn Bragg warned yesterday that the break-up of British Television into a two-tier system of broadcasting was fast approaching. Speaking at the launch of the new season of The South Bank Show, Bragg warned that viewers without satellite or cable were being denied access to programmes. He called on Stephen Dorrell, Secretary of State for… Continue reading Decline In British TV Quality Warning
Further details on the new Daily Express supplement, This Week, are now available. Launching on Saturday 17 September This Week will retain the style of the Saturday Review section which it replaces, with an additional 16 page TV guide for the week. There will also be photonews features.Editorially the section will feature articles on health… Continue reading Daily Express This Week – Details
Zenith Media has released the latest version of its UK Television Forecasts to 2003. Forecasts of both economic and advertising performance have been raised since the March projection. The UK economy is expected to grow in real terms by 3.5% this year; total advertising expenditure by 5.9% and television advertising is expected to increase by… Continue reading Zenith UK TV Forecasts To 2003
