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Regional newspaper group, Johnston Press, has posted a 38% rise in 2003 profits to £128.0 million. These include the first full-year contribution from Regional Independent Media (RIM), which Johnston acquired in 2002. The group says that like-for-like advertising revenues grew by 3.8%, with a rise of 3.0% in H1 followed by 4.6% growth in H2.… Continue reading Johnston Press Sees ‘Superb’ Year In 2003

RAJAR has lashed out at claims made by Wireless Group chairman, Kelvin MacKenzie, that its electronic measurement tests were “fatally flawed” and has dismissed the accusations as “ludicrous”.RAJAR was responding to legal action from the talkSPORT boss demanding £66 million in damages for advertising revenue he claims has been lost as a result of the… Continue reading RAJAR Dismisses Wireless Group Claims As Ludicrous

The Guardian has once again ruled out launching a tabloid newspaper, but could be considering a midsize edition somewhere between a compact and a broadsheet in an attempt to reverse declining sales.In an interview with the Financial Times Creative Business, the paper’s editor, Alan Rusbridger, reiterated that the Guardian has no plans to unveil a… Continue reading Guardian Considers Midsize Edition To Boost Sales

Emap Advertising has secured Smarties for a £2 million cross-media advertising deal encompassing every aspect of the media owner’s portfolio for the next year and a half.The deal sees Smarties sponsoring Emap’s Big City School Tour on all Big City radio stations including Key 103 in Manchester and Radio City in Liverpool. The promotion will… Continue reading Emap Signs Smarties For School Tour Sponsorship

US cable corporation, Liberty Media, is to spin off its international businesses to shareholders, as part of efforts to simplify the group’s complex structure.The detached businesses will run as Liberty Media International (LMI) and will operate principally in Europe, Japan and Latin America. These businesses include UnitedGlobalCom, Jupiter Telecommunication and Liberty Cablevision of Puerto Rico.Liberty… Continue reading Liberty Media To Spin Off International Businesses

Communications regulator, Ofcom, is planning to review the state of drinks advertising on television as part of a wide-ranging Government strategy to deal with alcohol misuse in the UK.The new media watchdog is called upon in a 100-page Government document entitled Alcohol Harm Reduction Strategy For England. It sets out the results of a public… Continue reading Ofcom To Review Alcohol Advertising Regulations

The annual rate of inflation in Britain fell to 1.3% during February, taking it further below the Bank of England’s 2.0% target, according to the latest data from the Office of National Statistics.The Government’s preferred consumer prices index (CPI) dropped by a tenth of a percentage point last month. The decline was prompted by a… Continue reading Latest Figures Show UK Inflation Fell During February

US cable corporation, Liberty Media, is to spin off its international businesses to shareholders, as part of efforts to simplify the group’s complex structure. The detached businesses will run as Liberty Media International (LMI) and will operate principally in Europe, Japan and Latin America. These businesses include UnitedGlobalCom, Jupiter Telecommunication and Liberty Cablevision of Puerto… Continue reading Liberty Media To Spin Off International Businesses

Television spot advertising expenditure in Western Europe will rise by 33% in real terms over the coming decade, according to a new report from ZenithOptimedia. This is a slower growth rate than the 43% rise recorded in the previous ten year period. Advertising expenditure stood at $22.0 billion in 2003 and is expected to grow… Continue reading W. European Pay-TV Revenues To Exceed Adspend In 2004, Says Report

Ulster TV was one of the few stocks to rise in yesterday’s media market, climbing 2.98% following its financial results. Revenues were up by 2.1% on last year and the group expects television advertising revenues to rise by a further 10% in the first quarter of 2004 (see Ulster TV Sees Airtime Revenues Up 10%… Continue reading Sharewatch: Ulster Boosted By Strong Financial Results