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Centaur Communications is expected to be floated on AIM next week following its sale to Numis Securities. A holding company, Centaur Holdings, set up by Numis, has entered into a sale and purchase agreement to buy the B2B publisher, which includes The Lawyer and Marketing Week in its portfolio, for £145m. It plans to float… Continue reading Centaur To Float On AIM Next Week

Pearson slipped 0.48% in week on week analysis ahead of its financial results released today. The group, which owns the Financial Times, has announced a 2.8% increase in pre-tax profits to £410 million.Trinity Mirror also faltered, slipping 1.82% week on week to 595p following last week’s announcement of a rise in pre-tax profits to £172.5… Continue reading Sharewatch: Pearson And Trinity Slip Despite Profits

The Barclay brothers are understood to be putting together a new deal to buy the Telegraph titles, which could include finding a private equity partner to launch a bid for all the assets of Hollinger International. The reclusive media moguls were forced to rethink their options last week after a US court scuppered the £260… Continue reading Barclays Seek Equity Partner For Hollinger Bid

The Barclay brothers are understood to be putting together a new deal to buy the Telegraph titles, which could include finding a private equity partner to launch a bid for all the assets of Hollinger International.The reclusive media moguls were forced to rethink their options last week after a US court scuppered the £260 million… Continue reading Barclays Seek Equity Partner For Hollinger Bid

The Financial Times posted a loss of £32 million during 2003, as advertising revenues slumped 15% and sales continued to fall. A cost-cutting programme across the business daily has failed to stem losses, which were £9 million higher than in 2002, according to the full-year results of its parent company Pearson released today. The company… Continue reading Losses Widen At FT And Outlook Remains ‘Uncertain’

Capital 95.8 FM has confirmed that former Big Breakfast presenter and chat show host Johnny Vaughan will replace Chris Tarrant as host of its flagship breakfast show on 19 April.The move will see Tarrant bring an end to a marathon run on the high-profile breakfast show, which he has presented for sixteen years. The loss… Continue reading Vaughan Given Start Date as Capital’s Breakfast Host

Half of the world’s population – four billion people – will have mobile technology by 2015, and mobile data services will make up an increasingly large share of the mobile market, the industry’s leading player has predicted. Jorma Ollila, chairman and chief executive of Nokia, told the 3GSM World Congress last week that he expects… Continue reading Half Of The World’s Population Will Be Mobile, Says Nokia Chief

The BBC has secured the broadcast rights to Six Nations Rugby until the end of the decade, in a deal that could bring the Corporation an average of more than 4 million viewers per match.The wide-ranging deal, which covers television, radio, online and interactive coverage of the tournament, could prove valuable for the BBC after… Continue reading BBC Wins Six Nations Coverage Until 2010

MediaCom was the most successful individual media buying agency in terms of billings during 2003, according to the latest league table published by Nielsen Media Research.The Grey Global-owned agency rose from third place in the previous year’s rankings, overtaking ZenithOptimedia and Carat to take the top spot with an 11% increase in billings to almost… Continue reading MediaCom Comes Out Top In Terms Of Billings

The Financial Times posted a loss of £32m during 2003, as advertising revenues slumped 15% and sales continued to fall. A cost-cutting programme across the business daily has failed to stem losses, which were £9m higher than in 2002, according to the full-year results of its parent company Pearson released today.The company blamed a “savage… Continue reading Losses Widen At FT And The Outlook Remains Uncertain