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Anglo-Dutch publishing group Reed Elsevier this morning turned in better than expected yearly revenue, a day after its proposed acquisition of US medical publishing group, Harcourt General, was referred to the Competition Commission in the UK. Revenues for 2000 grew by 9% to £3.77 billion and pre-tax profit dropped by 3% to £690 million. Both… Continue reading Reed Results Beat Expectations

22 February 2001 Media group SMG this morning announced that it has bought a further 747,699 shares in Scottish Radio Holdings, representing a 2.3% stake in the company. The shares were priced at 1,595p each, a slight premium on Wednesday’s closing price of 1,587½p, valuing the stake at £11.9 million. SMG now holds a 23%… Continue reading SMG Takes Further Stake In Scottish Radio

Natmags Cosmopolitan is set to launch a series of branded “lifestyle centres” across the UK. They will offer advice on nutrition and emotional problems to young women.The first centre is set to launch in Manchester in August and will be followed by further centres in the Midlands and the North-West. The group is believed to… Continue reading Cosmo To Launch “Lifestyle Centres” Across The UK

Global advertising and communications group WPP this morning announced pre-tax profit growth of 43% to £365.7 million for the year ended 31 December 2000. The record profits include the incorporation of the Young & Rubicam advertising network which WPP acquired in May last year to create the world’s largest advertising group (see WPP Buys Young… Continue reading WPP Sees Record Profits

The Advertising Standards Authority (ASA) has upheld complaints against Channel 4 for using poster advertising which could have encouraged suicide attempts. The poster, promoting a documentary about base jumping, showed the feet and legs of a person standing right on the edge of a tall building. The feet were half off the edge and the… Continue reading ASA Upholds Complaints About Channel Four Suicide Posters

The volatility of TMT stocks was proved again yesterday as the worst performers amongst media shares were new media company Bright Station, which slipped 3½p to 35½p and telecoms company Telewest which dropped 7p to £1.26.In a generally poor day for media shares, the best gains were seen at Granada, which jumped 4p to £1.77… Continue reading Sharewatch

Imagine a magazine that combines the serious style elements of Elle and Vogue which keep the upmarket advertisers flocking in, the “finger on the pulse of high street trends” that retains Cosmopolitan’s winning position with young women and the “celebrities in frocks at premieres/at home with their reclaimed oak kitchen units” voyeurism that helped the… Continue reading First Issue Review: InStyle

The new ABC figures saw major magazine sectors registering declining circulations year on year. Despite this, forecasters predict growth in both ad revenue and market launches.Areas which contribute most to publisher’s circulations are the women’s monthly and weekly markets. However, with both markets declining, they are not expected to be growth areas in future. Forecaster… Continue reading Feature: Star-Studded Future Beckons For The Magazine Market

Global advertising and communications group WPP this morning announced pre-tax profit growth of 43% to £365.7 million for the year ended 31 December 2000. The record profits include the incorporation of the Young & Rubicam advertising network which WPP acquired in May last year to create the world’s largest advertising group. Revenues at the combined… Continue reading WPP Sees Record Profits

21 February 2001 The proposed acquisition of Harcourt General by Anglo-Dutch publisher Reed Elsevier was given a surprise referral to the Competition Commission today. Reed announced plans to buy the US medical publishing company for £31 billion in October last year. The takeover would have created the world’s largest scientific and medical publisher. However, Kim… Continue reading Reed Elsevier’s Harcourt General Acquisition Is Sent For Investigation