Saga, the family-run business for the over 50’s, is planning to list its shares on the London Stock Exchange. The group, which specialises in a number of services including holidays, numerous radio stations, as well as a best selling magazine, has also been considering a sale to private investors. Since July 2004, Saga customers and… Continue reading Saga Plans To Float On The London Stock Exchange
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The Incorporated Society of British Advertisers is urging media regulator Ofcom to rethink controversial plans to amend the alcohol advertising codes, claiming the current proposals are “highly prescriptive” and unclear”.In its submission to Ofcom’s public consultation on new codes for broadcast television advertising, ISBA claims that the new regulatory framework could seriously restrict the freedom… Continue reading ISBA Urges Ofcom To Rethink Drinks Marketing Crackdown
Home networking is going from strength to strength, according to the latest report from Parks Associates, which reveals that over 15% of all US internet households have connected their computers to a television or stereo. According to the Digital Media Adapters and Receivers: Analysis and Forecasts report, 75% of households surveyed said that they have… Continue reading US Home Networking Goes From Strength To Strength
The Wireless Group has today announced that operating profits have grown by 108% to over £1.1 million during the first six months of this year, driven by the ‘storming’ success of its flagship station national speech station talkSPORT.Along with today’s interim results, plans were unveiled for a new talkSPORT Sky television channel, which will aim… Continue reading Wireless Revenues Driven By Success Of talkSPORT
The Independent‘s recent transition from broadsheet to compact tabloid has helped push post-tax profits at its parent group, Independent News & Media, up by over 42% to 68.1 million during the first six months of this year.From January to June 2003, operating profit at the Irish-based company has grown by over 25% to 129 million,… Continue reading Record Results Push Independent’s Profits Up 42%
Speculation surrounded SMG yesterday, as murmurs amongst city traders suggested that ITV has approached the company and is considering a purchase of its television assets.The rumours served to drive SMG’s share price up significantly, rising by 5.05% to close at 104p. The speculation was sparked by a comment made last week by the UK’s largest… Continue reading Sharewatch: SMG Soars Following ITV Purchase Speculation
Consumer magazine publisher, Future Network, has today warned profits have been held back as a result of a weak Dollar, despite pre-tax profits growing by 7% during the first six months of this year. From January to June 2004, pre-tax profit rose to £7.2 million, up from £6.7 million year-on-year, while operating profit rose 9%… Continue reading Future Network Profits Up 7% Despite The Impact Of A Weak Dollar
The Guardian lost more than a quarter of its overall readership in the twelve months to June as the new tabloid incarnation of the Independent went from strength to strength in the broadsheet sector.The latest NRS national newspaper figures for the six months to June show that the Guardian saw its readership decline by 25.7%… Continue reading NRS National Newspaper Round-Up – June 2004
After losing out in the Grey Global bidding battle to WPP, shareholders of advertising group, Havas, are saying that the French-based company is looking increasingly vunerable and may be next to be put under the hammer, says the Financial Times. According to the FT, the Havas shareprice rallied yesterday when it pulled out of the… Continue reading Havas May Be Next Under The Acquisition Hammer
class=”article”>Ongoing technological developments are blurring the boundaries between different types of media with television, radio and the internet continually coming closer together. However, convergence also means more choice for consumers who are being faced with an ever increasing range of media opportunities, Mike Sainsbury, the man behind the forthcoming 2004 European Television and Radio Symposiums,… Continue reading NewsLine Column: Convergence Or Divergence?
