A week of gloom as the foot and mouth crisis deepened, affecting advertising spend, the Japanese and US economy teetered on the brink of recession and evidence that the dotcom bubble has well and truly burst came as media companies made further cuts to internet investment, meant that all but one of the media companies… Continue reading Sharewatch
Monday MediaTel’s weekly media focus and analysis, Media Track, is featured in Media Business.Future Network and Taylor Nelson Sofres release final results for the year 2000.Tuesday The consumer retail prices index for February is released by the Office for National Statistics.Wednesday Johnson Press, Independent News & Media and RTL all release final results for the… Continue reading The Week Ahead
Richard Eyre is thought to have left European broadcaster RTL, where he was director of strategy and content, due to frustration about his position caused by the Pearson/CLT-Ufa merger which created the company last year. Eyre left his job as chief executive of the ITV Network in November 1999 to head Pearson’s TV department and… Continue reading Eyre Understood To Have Quit RTL Post
Natmags has announced that Prima Baby, the parenting magazine launched as a brand extension of Prima in 1996, will move from a bi-monthly to a monthly as from the April issue which went on sale on 5 March.The title was one of five acquired by the National Magazine company in July last year when it… Continue reading Prima Baby To Go From Bi-Monthly To Monthly Editions
Future Network was ‘pushed off course’ in 2000 in what was this morning described by chief executive Greg Ingham as a ‘bruising year’ for the company. Future has been expanding rapidly in recent years and now operates more than 100 magazines, 45 magazine websites and employs almost 2000 people in Europe and the US. In… Continue reading Future Network ‘Pushed Off Course In Bruising Year’
Future Network was “pushed off course” in 2000 in what was this morning described by chief executive Greg Ingham as a “bruising year” for the company.In October last year, accounting anomalies at Future’s French subsidiary emerged. This, along with a ‘soft’ computer games market (a key sector for Future’s magazines), caused the company to issue… Continue reading Future Network “Pushed Off Course In Bruising Year”
The Independent Television Commission (ITC) has announced the financial terms for the renewal of licences for the ITV Border, Central, Channel, Grampian, Granada, LWT and Scottish regions, if they choose to renew their analogue licences for the ten year period beginning 1 April this year. Below are the cash bids and percentages of qualifying revenue… Continue reading ITC Announces Financial Renewal Terms For Remaining Seven ITV Licences
Telewest has announced the signing of a £2.25bn debt restructuring package, which should see the separate debts of Telewest and Flextech, which merged last year (see Telewest And Flextech Agree Terms Of £2.26bn Merger), merged as part of the deal. The loans mature in 2007, by which time the group is expected to be profitable.Charles… Continue reading Telewest Signs £2.25bn Refinancing Deal
Market research group Taylor Nelson Sofres (TNS) has this morning announced strong full year results for 2000, with pre-tax profits rising 16.5% to £37.8 million. Sales were up 26% at £479 million. In the UK sales growth was 5% – lower than other worldwide regions as work previously handled from the UK has moved into… Continue reading Taylor Nelson Sofres Releases Positive Year End Results
Taylor Nelson Sofres has delivered its full year results for the year ending 31 December 2000. The company saw strong growth during the year, with pre-tax profits rising 16.5% from the 1999 total of £32.5m to £37.8m. Turnover also increased, by over 25% to £479m.Chairman Tony Cowling commented, “We are not currently seeing any evidence… Continue reading Taylor Nelson Sofres Releases Positive Year End Results
