More Uk articles

Advertising and public relations firm, Chime Communications, saw its pre-tax profits fall by 57% in 2002, from £16.3 million in 2001 to £7.0 million this time. Lord Bell, Chime’s chairman, described 2002 as a ‘very poor year’, with operating profits down by 50%. “Our market has been in reverse for 18 months and the effect… Continue reading Chime Communications Profits Plummet In ‘Very Poor’ 2002

The Daily Mail & General Trust has expressed satisfaction with turnover in the first half of its current financial year but warned that the political and economic climate was fostering uncertainty in some of its markets. In a trading statement issued today, DMGT said that growth of 2.4% was achieved in the five months to… Continue reading DMGT Sends Out Mixed Messages In Trading Update

Patricia Hodgson, chief executive of the ITC, has called on the Government to conduct an in-depth review of the ownership structure at ITN before allowing Carlton and Granada to increase their stake in the news provider. The two ITV partners are currently calling for an amendment to the Communications Bill to allow them to take… Continue reading Hodgson Calls For Review Of Ownership At ITN

After a protracted bidding process, spanning almost a year, KirchMedia is finally being sold to US media magnate Haim Saban and the Saban Group. As a first step in the deal, the two parties signed off the acquisition by Saban of a majority holding in ProSiebenSat.1, Germany’s largest free to air broadcaster. Saban is reported… Continue reading Haim Saban Agrees To Buy ProSiebenSat.1

Gerhard Zeiler, the new chief executive of RTL, today vowed not to sell Channel Five and maintained that his company remained committed to the success of the venture. Five has been a notable success story for RTL, which today announced narrowed losses for 2002 (see RTL Cuts Losses As Results Beat Expectations). The channel generated… Continue reading Five Not For Sale, Says RTL Chief

UK publishing group, Highbury House Communications, is planning to buy Cabal Communications for around £10 million, it announced this morning along with year-end financial results. Cabal, which publishes Front, The Real Homes Magazine and Procycling, was set set up in June 1998 by ex-IPC editor in chief, Sally O’Sullivan. Its Front title is ranked fifth… Continue reading Highbury House To Buy Cabal Comms, As Profits Rise 9%

Pan-European broadcaster, RTL Group, has reduced its losses from €2.5 billion in 2001, to just €56 million last year, according to the company’s year-end financial results released today. The results were ahead of expectations from analysts at Merrill Lynch, due to a significant outperformance in television and radio. The broker says that losses at the… Continue reading RTL Cuts Losses As Results Beat Expectations

Ulster Television has defied challenging advertising conditions to record a 3.7% rise in pre-tax profits for 2002, according to the company’s figures published today. Northern Ireland’s television broadcaster continues to outperform the likes of Carlton and Granada and ad revenues rose by 4.7% to £37.8 million against a decrease of 1% across the whole network.… Continue reading Ulster Outshines ITV Giants In Latest Results

Week on week analysis of the media sector reveals a positive performance for Granada, which saw stock improve by 2.40% week on week following reports that an unnamed outside party could be preparing to make a bid for the company. Speculation also suggests that the broadcasting giant faces shareholder protest at its annual meeting this… Continue reading Sharewatch: Granada Faces Shareholder Unease

UK publishing group, Highbury House Communications, is planning to buy Cabal Communications for around £10 million, it announced this morning along with year-end financial results.Cabal, which publishes Front, The Real Homes Magazine and Procycling, was set set up in June 1998 by ex-IPC editor in chief, Sally O’Sullivan. Its Front title is ranked fifth out… Continue reading Highbury House To Buy Cabal Comms, As Profits Rise 9%