Emap Performance has closed its rock, rap and lifestyle magazine, Kingsize, after just four issues.The magazine, aimed at the youth market, was launched in March to fill the gap left by the closure of indie music magazine Select, which closed in January after sales dropped (see Launches And Closures: Press).Kingsize, which had a cover price… Continue reading Emap Closes Kingsize
Cinema admissions in June reached 9.4m and were up 21% on the same period last year, according to The Cinema Advertising Association (CAA).The box office soared during June with cinema admissions averaging 2.18 million a week. This was largely due to Pearl harbour, which took £10.4m, throughout the month, making it June’s top film. Animated… Continue reading Cinema Reaches For The Sky In June
National commercial speech station talkSPORT is to be allowed to provide a separate football programme for Scotland and Northern Ireland. The station asked to establish the “split” service in order to provide phone-ins and coverage which covered the Scottish Premier League rather than the English one.The station is capable of broadcasting in this way due… Continue reading TalkSPORT Allowed To Split Scottish Football
Channel 4 is launching 4 Creative, a new commercial venture specialising in TV related cross-platform marketing.4 Creative has been set up in response to the increasing demand for Channel 4’s creative services department to take on projects that fall outside the day to day requirements of programme promotion. It will take over from the creative… Continue reading Channel 4 Gets Creative
Granada has today completed the acquisition of the Border Television ITV franchise from Capital Radio, the two groups have announced. Granada has paid £50.5 million for the business. Capital Radio acquired Border TV in May 2000, comprising the three Century-branded radio stations and the Border Television ITV franchise. The acquisition enhanced Capital Radio’s strategy of… Continue reading Granada Acquires Border TV From Capital Radio
Yesterday’s interim results from Pearson caused the share price to fall heavily during the day, but after the company made some reassuring noises, stock picked up again to close up 49p at 1,087p. During this morning’s trading, however, demand has weakened and the shares were down by 24p at 1,063p by 11:00am. The results showed… Continue reading Pearson Financial Results – Reaction
Scottish Radio Holdings (SRH) has paid £3.2 million for the remaining 60% stake in Carlisle Radio (CFM) it does not already own, the group announced this morning. CFM started broadcasting to Carlisle and West Cumbria in April 1993 and covers an area with a population of 230,000; 47% tune in each week. Its share of… Continue reading Scottish Radio Takes Remaining 60% Of Carlisle Radio
The German advertising market is now looking extremely weak, according to an analysis of ACNielsen data by ABN Amro. The broker says that its previous forecast growth of 0.7% is now too high and is instead predicting a decline of 0.2% for the full year. The worst hit sectors will be outdoor and newspapers and… Continue reading German Ad Market Is ‘Extremely Weak’
Global advertising agency Interpublic Group (IPG) on Friday revealed Q2 financial results slightly below expectations and warned that the full year figures are likely to be below analysts’ current consensus. A slowing in marketing spend knocked IPG’s revenue from US clients back by 7.3%; international revenue remained flat. Earnings per share were down 43% at… Continue reading Interpublic Group Results ‘Not Acceptable’
Pearson’s interim financial results showed a pre-tax profit of £5 million, ahead of the expected consensus loss of £10 million and slightly below the £11 million profit forecast by ABN Amro. A difficult period in terms of revenues in both its education businesses and advertising generally has caused Pearson’s stock to weaken recently. The Financial… Continue reading Pearson Results Show FT Profits Hit By Ad Downturn
